City A.M. | Business news live from the City of London

London’s fintech boom ‘would have happened with or without Brexit’, Lord Mayor says

Fintech

London’s fintech boom “would have happened with or without Brexit”, Lord Mayor Nicholas Lyons said today, adding that the so-called Edinburgh reforms will help the City power the UK’s future economic growth. Lyons said the City achieved its reputation as a thriving hub for fintech success “independently of Brexit”. He stressed, however, that Brexit still […]
Khan’s call to re-introduce VAT-free shopping backed by retailers who claim it would lure 1.5 million more tourists to London

VAT-FREE SHOPPING

PMQs sketch: Starmer’s speechwriters on strike

analysis

Train drivers, teachers, civil servants and apparently Keir Starmer’s speechwriters are on strike today. It’s the only explanation for the Labour leader trying yet again to get a non-answer out of Rishi Sunak about when he knew Nadhim Zahawi paid a penalty to HMRC. Trying to point out that Sunak probably did know the thing […]

When will the Bank of England, Federal Reserve and ECB start cutting interest rates? Sooner than you think

jack barnett

Central banks around the world this year are going to take their lead from an unlikely source: the Bank of Canada. While being the central bank of a G7 country, it’s not exactly the biggest of players in the global monetary policy and financial network. Tiff Macklem, the BoC’s chief, has led one of the […]

Could the UK economy outperform the IMF’s dire recession warning? It’ll take a lot of luck

uk economy

Britain and the International Monetary Fund (IMF) have a pretty chequered past. Yesterday’s bleak forecasts marked another chapter in the pair’s hate-hate relationship. Yes, the usual barbs that come from ministers of the incumbent government of the day after the lender of last resort’s forecast don’t help. We saw all that yesterday. But, older people […]

Schroders Talk

COP27 blog: what next for climate change?

Schroders Talk

With just over 100 days to go until the UN climate summit, we kick off our running blog with a COP26 recap and a look at what’s next. The United Nations’ climate conference COP27 is set to take place in Egypt this November. Lisa Sizeland in Schroders’ global content team has summarised what COP27 is and why it […]
Europe’s gas crisis: what does it mean for investors?

Schroders Talk
Why bargain hunters should be shopping in Europe, not the US

Schroders Talk

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