GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 195.031 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.138 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.189 EUR/CAD 1.572 GBP/CAD 1.837 AUD/CAD 0.887 AUD/JPY 94.181 AUD/NZD 1.077 EUR/AUD 1.772 GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 195.031 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.138 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.189 EUR/CAD 1.572 GBP/CAD 1.837 AUD/CAD 0.887 AUD/JPY 94.181 AUD/NZD 1.077 EUR/AUD 1.772
CURRENCY .wiki

News from City A.M.

What is your interest today?

City A.M. • May 08, 2025

Bank of England interest rates cut ‘nailed on’

A reduction in the Bank of England’s borrowing costs is anticipated to influence lending conditions, potentially affecting borrowing expenses for businesses and consumers across th...

Read Full Article →
City A.M. • May 08, 2025

Britain’s SMEs must get over their aversion to debt to ramp up growth

Small and medium-sized enterprises in Britain have the potential to drive economic expansion if they embrace borrowing and benefit from improved access to diverse financial resourc...

Read Full Article →
City A.M. • May 08, 2025

Don’t exempt Indian workers from NI, abolish it altogether

The debate surrounding contributions by Indian employees highlights challenges in government policy, potentially affecting revenue collection and economic relations due to uncertai...

Read Full Article →
City A.M. • May 07, 2025

How to fly to New York in style (and why The Devonshire is overrated)

Changes in airline reward program policies can impact the overall value travelers receive, influencing decisions about how to optimize spending when planning trips to premium dinin...

Read Full Article →
City A.M. • May 07, 2025

Standard Chartered shares downgraded after tariff bruising 

Analysts lowered their valuation for Standard Chartered’s stock following recent challenges related to geopolitical trade issues, reflecting concerns about potential impacts on the...

Read Full Article →
City A.M. • May 07, 2025

Crystal Palace co-owner Textor’s firm hit with strike-off notice

The strike-off notice issued to Eagle Football Holdings Limited may negatively impact John Textor’s plans for raising capital through a public listing and could affect the company’...

Read Full Article →
City A.M. • May 07, 2025

Amazon arms UK warehouses with its new robot ‘Vulcan’

The introduction of this innovative touch-sensitive robot is expected to enhance operational efficiency in UK warehouses, potentially reducing labor costs and increasing productivi...

Read Full Article →
City A.M. • May 07, 2025

Banks called on to slash mortgage borrowing costs

The regulatory body is encouraging lenders to adjust mortgage policies in order to lower borrowing expenses, potentially making home loans more affordable and increasing accessibil...

Read Full Article →
City A.M. • May 07, 2025

Fed expected to hold interest rates and vex Trump

The Federal Reserve’s decision to maintain current interest rates until mid-year could influence economic conditions and potentially create tension between government leadership an...

Read Full Article →
City A.M. • May 07, 2025

Harbour Energy to axe 250 jobs as it slams Rachel Reeves

Harbour Energy plans to reduce its workforce by 250 positions in Aberdeen, citing the impact of government taxation and regulatory challenges on its financial performance in the No...

Read Full Article →
City A.M. • May 07, 2025

FD Technologies shares surge on US takeover offer

The announcement of a potential acquisition by a US private equity firm led to a significant increase in the value of FD Technologies' shares, reflecting investor optimism about th...

Read Full Article →
City A.M. • May 07, 2025

FCA promises to go ‘harder and faster’ in reforming financial sector

The FCA’s commitment to accelerating regulatory changes aims to reduce compliance costs and improve efficiency, potentially affecting investment firms’ operational expenses and cli...

Read Full Article →
City A.M. • May 07, 2025

Lord Cruddas’ CMC Markets takes control of blockchain firm

CMC Markets increased its investment in StrikeX Technologies to a controlling interest, reflecting a strategic move that modestly influenced its market valuation during midday trad...

Read Full Article →
City A.M. • May 07, 2025

US dollar ‘structural downtrend’ set to benefit pound says UBS

UBS projects that ongoing weaknesses in the American currency could lead to further gains for the British pound, influencing investor strategies and currency market dynamics in the...

Read Full Article →
City A.M. • May 07, 2025

FTSE 100’s record run fades as pharma stocks slide on new Trump appointment 

The decline in major pharmaceutical shares contributed to a modest drop in the FTSE 100, signaling potential market uncertainty linked to changes in US regulatory leadership.

Read Full Article →
City A.M. • May 07, 2025

British businesses must capitalise on milestone UK-India trade deal

The new trade agreement between the UK and India presents a valuable chance for companies to expand their markets and enhance economic growth through increased bilateral commerce.

Read Full Article →
City A.M. • May 07, 2025

Interest rates are dropping – is it time to fix your savings?

Declining interest rates may reduce returns on savings accounts, prompting individuals to consider locking in rates now before further reductions potentially lower future earnings.

Read Full Article →
City A.M. • May 07, 2025

H&M Group takes minority stake in e-commerce firm Centra

H&M’s investment of SEK 50 million in Centra, representing under 10 percent ownership, reflects a valuation of slightly more than 500 million Swedish kronor for the e-commerce plat...

Read Full Article →
City A.M. • May 07, 2025

UK investors flee bond funds amid US Treasury turmoil

During April, British investors withdrew a substantial amount from fixed-income assets as rising US government debt yields, influenced by tariff-related concerns, caused significan...

Read Full Article →
City A.M. • May 07, 2025

Trainline to take on Labour as shares plunge

Trainline’s market value has significantly declined this year amid fears of competition from a new government-backed service, even as its platform achieved close to £6 billion in t...

Read Full Article →
City A.M. • May 07, 2025

UK construction crumbles in April as ‘bumpy ride’ continues

The continued decline in UK construction output over several months highlights ongoing challenges that may affect investment returns and economic growth within the sector in the ne...

Read Full Article →
City A.M. • May 07, 2025

Banking complaints rocket amid motor finance backlash

The sharp increase in customer grievances during late 2024 highlights growing challenges within financial services, potentially impacting consumer trust and prompting closer regula...

Read Full Article →
City A.M. • May 07, 2025

AI avatar of CEO delivers annual results in first for London Stock Exchange

The company reported increased earnings despite challenges from recent US trade restrictions, marking a notable advancement in how corporate financial disclosures are presented on...

Read Full Article →
City A.M. • May 07, 2025

Vodafone CFO quits to become shortest serving in FTSE 100 giant’s history

The unexpected departure of Vodafone’s chief financial officer after a brief tenure may impact investor confidence and financial strategy during a critical period of the company’s...

Read Full Article →
City A.M. • May 07, 2025

Clipper tea owner gets £76m pay day after KP Snacks deal boosts profit

The recent divestment of Whole Earth contributed to a substantial increase in earnings, resulting in a significant financial gain for the proprietors of Clipper tea and related bra...

Read Full Article →
City A.M. • May 07, 2025

JYSK: Losses continue as stores close and jobs shed

JYSK's UK division reported a £3.2 million pre-tax deficit for the year ending August 2024, reflecting ongoing financial challenges amid store closures and workforce reductions.

Read Full Article →
City A.M. • May 07, 2025

UK edges closer to US trade deal for cars and steel

A potential agreement between the UK and US to lower tariffs on automotive and steel products could significantly impact export revenues and manufacturing competitiveness in both c...

Read Full Article →
City A.M. • May 07, 2025

India launches air strikes on Pakistan, as UK ready to ‘support’ deescalation

The recent military conflict between India and Pakistan introduces uncertainties that may affect the implementation and benefits of a recently finalized billion-pound trade agreeme...

Read Full Article →
City A.M. • May 07, 2025

BAE Systems to spend billions on growth and hire thousands more staff

The company’s upcoming investment and large-scale recruitment efforts reflect expectations of increased demand in the defense sector, contributing to a significant rise in its stoc...

Read Full Article →
City A.M. • May 07, 2025

What a trade deal with India means for the UK

The new agreement between the UK and India is expected to enhance bilateral trade, potentially boosting economic growth and opening opportunities for businesses across various sect...

Read Full Article →