GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 195.040 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.171 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.196 EUR/CAD 1.572 GBP/CAD 1.837 AUD/CAD 0.887 AUD/JPY 94.194 AUD/NZD 1.077 EUR/AUD 1.772 GBP/USD 1.344 EUR/GBP 0.856 GBP/JPY 195.040 EUR/USD 1.150 GBP/AUD 2.071 USD/JPY 145.171 USD/CAD 1.367 AUD/USD 0.649 CAD/JPY 106.196 EUR/CAD 1.572 GBP/CAD 1.837 AUD/CAD 0.887 AUD/JPY 94.194 AUD/NZD 1.077 EUR/AUD 1.772
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News from City A.M.

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City A.M. • May 07, 2025

London still ‘second most attractive market’ for dealmaking post-Brexit 

Between 2018 and 2024, the UK experienced substantial merger and acquisition activity totaling $1.14 trillion, positioning it as a leading center for financial transactions globall...

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City A.M. • May 07, 2025

UK universities should focus on excellence, not DEI

Prioritizing research quality over diversity initiatives may impact UK universities' funding strategies and financial stability, as resource allocation often influences institution...

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City A.M. • May 06, 2025

Will London markets regret losing Deliveroo?

Deliveroo's 2021 public offering, initially valued at £7.6 billion, significantly impacted London's financial landscape by highlighting challenges in maintaining confidence in majo...

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City A.M. • May 06, 2025

Steve Diamond: Newcastle Falcons can be rugby’s Wrexham AFC

Newcastle Falcons may attract new investors similar to Wrexham AFC, potentially boosting the club’s financial stability and growth prospects as ownership explores interested buyers...

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City A.M. • May 06, 2025

LIV Golf close to South Africa deal, government says

The potential expansion of the Saudi-backed LIV Golf league into South Africa may create new economic opportunities and increase financial activity within the region's sporting and...

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City A.M. • May 06, 2025

UK-India trade deal ‘transformational’ for Scotch whisky market

The recent agreement between the UK and India is expected to significantly decrease tariffs on Scotch whisky, potentially boosting exports and expanding market access in one of the...

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City A.M. • May 06, 2025

Terry Smith: Reeves must drop tax hikes to attract UK investment

Prominent investor Terry Smith emphasized that reducing planned fiscal increases could enhance the UK’s appeal to investors, potentially stimulating growth and improving the overal...

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City A.M. • May 06, 2025

Government signs landmark billion-pound trade deal with India

The newly established trade agreement between the UK and India is expected to substantially increase economic exchanges and strengthen commercial ties, fostering growth opportuniti...

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City A.M. • May 06, 2025

Bank of England to delay interest rates decision – by two minutes

The brief postponement of the Bank of England’s interest rate announcement reflects a rare scheduling adjustment that could momentarily impact market reactions and investor expecta...

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City A.M. • May 06, 2025

Plus500 suffers huge shareholder revolt against top pay packets

A majority of shareholders expressed disapproval of the company’s executive compensation plan during the annual meeting, signaling concerns about pay levels and potentially impacti...

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City A.M. • May 06, 2025

London prime property sales resilient despite economic headwinds

The high-end real estate sector in London showed consistent transaction numbers and sustained property values during the early part of the year, reflecting steady demand amid chall...

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City A.M. • May 06, 2025

Natwest to ‘outperform’ sector with bumper year, analysts predict 

RBC analysts increased their full-year profit forecasts and raised the stock’s target price following Natwest’s stronger-than-expected first-quarter performance, indicating improve...

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City A.M. • May 06, 2025

Gold miners rally as FTSE 100’s record run on knife’s edge

The recent improvement in market confidence, influenced by easing trade tensions, boosted gold mining stocks even as the overall FTSE 100 index showed signs of weakening during ear...

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City A.M. • May 06, 2025

City broker backs Kingsmill merger with Hovis

A financial analyst indicated that combining the two bakery companies could provide strategic benefits and improve operational performance amid difficult market conditions.

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City A.M. • May 06, 2025

How to shield your pension from Labour’s inheritance tax raid

A recent study highlights that only a small fraction of estates utilize surplus income gifting strategies to minimize inheritance tax impacts on retirement savings, indicating pote...

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City A.M. • May 06, 2025

UK services sent into decline amid ‘market turbulence’

In April, instability in the market led to a contraction in the UK services sector for the first time in 18 months, raising concerns about the potential financial impact of recent...

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City A.M. • May 06, 2025

Argentex shares crash as firm fights to survive

Following a significant decline in liquidity linked to currency fluctuations, Argentex experienced a steep drop in share value upon resuming trading, highlighting serious financial...

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City A.M. • May 06, 2025

Rolls-Royce: FTSE 100 shares fully recover after Trump tariffs shock

After an initial sharp decline caused by newly imposed tariffs, the stock value of Rolls-Royce has regained its previous level, reflecting resilience in the company’s market perfor...

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City A.M. • May 06, 2025

Brighton Pier Group joins JP Jenkins after quitting AIM

Brighton Pier Group’s move from AIM to JP Jenkins reflects a strategic shift aimed at reducing expenses and improving financial flexibility by joining a more cost-effective liquidi...

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City A.M. • May 06, 2025

Papa Johns to serve up profit after closing over 40 sites

Following the closure of numerous locations last year, the company’s leadership indicated that improved financial results are expected, with profitability anticipated to resume in...

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City A.M. • May 06, 2025

IWG: Workspace platform reports record March and ups share buybacks

International Workspace Group maintained steady revenue of $909 million in the first quarter and enhanced its shareholder value by increasing the planned repurchase of its own shar...

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City A.M. • May 06, 2025

Deliveroo reaches agreement on £2.9bn DoorDash takeover

The arrangement will result in Deliveroo being acquired by DoorDash for nearly £2.9 billion, providing shareholders with a substantial premium compared to recent market valuations...

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City A.M. • May 06, 2025

Kingsmill-owner ABF confirms merger talks with Hovis

The potential merger between ABF and Hovis reflects efforts to address profitability challenges amid increasing wheat costs and declining consumer demand in the bread industry.

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City A.M. • May 06, 2025

EY: Profit warnings surge points to ‘economic shock’

Recent analysis reveals that almost 20% of publicly traded companies have anticipated lower earnings within the last year, highlighting economic challenges such as increased taxati...

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City A.M. • May 06, 2025

UK tariff threats put small businesses on alert 

Small businesses in the UK are adjusting their international trade strategies in response to potential tariff measures, which may impact their revenue and market access if imposed...

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City A.M. • May 06, 2025

Magnificent Seven magic is ‘dead’, says top tech investor

The recent statement from a leading technology investor suggests that the era of exceptional profits driven by a small group of dominant tech companies may be coming to an end, imp...

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City A.M. • May 06, 2025

Private capital investment into UK business jumps 44 per cent

The substantial increase in funding highlights growing investor confidence and a shift towards exploring diverse regions within the UK, significantly boosting the total capital all...

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City A.M. • May 05, 2025

Renters work 125 days a year to pay their landlords

According to recent analysis by the Adam Smith Institute, tenants in England spend approximately one-third of the year’s income, before taxes, covering housing costs to their landl...

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City A.M. • May 05, 2025

Construction firm insolvencies rise to fresh high amid rising costs

An increasing number of construction companies have faced financial failure recently due to escalating expenses, leading to a record level of insolvencies and signaling significant...

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City A.M. • May 05, 2025

Lights, camera, taxes: British film industry rattled by latest Trump tariff threat

Potential tariffs on imported films and related services could increase production costs for the British film industry, possibly affecting investment decisions and international co...

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