As it happened and live reaction: Jeremy Hunt’s Autumn Budget 2022: UK is now in recession November 17, 2022 Welcome to City A.M.’s live updates as the Chancellor of the Exchequer, Jeremy Hunt, delivers the government’s Autumn Budget for 2022. Here the news team will bring you all the key points, policy changes, opinion, analysis, responses from experts, industry reaction and more. Get in touch and let us know your views via news@cityam.com or [...]
Private landlord titan Grainger’s profits surge by 96 per cent due to strong rental demand November 17, 2022 The UK’s largest listed residential landlord Grainger reported a huge boom in profit before tax of 96 per cent off the back of soaring demand. The company’s books looked healthy for the financial year with net rental income up 22 per cent and record occupancy 98 per cent levels. This comes as millions of people [...]
From Reece James to Paul Pogba: 10 football favourites you won’t see at the Qatar World Cup November 17, 2022 Reece James is the latest footballer to agonisingly miss out on a place at the 2022 World Cup, the Chelsea and England defender confirmed on Twitter earlier this week. After suffering a knee injury against A.C. Milan, discussions between James and England manager Gareth Southgate concluded that the Chelsea full back would be in no condition to [...]
UK assets in focus this week November 16, 2022 | City Talk This week’s focus in markets apart from the US’s weak inflation print last week is on Sterling and the FTSE in the wake of a raft of economic data points, as well as the new Chancellor Jeremy Hunt’s Autumn statement on Thursday the 17th. UK inflation this morning came in at a level not seen [...]
Bankman-Fried claims FTX has £7.6bn assets as bankruptcy shockwaves continue November 16, 2022 FTX founder Sam Bankman-Fried claimed that the firm still had $9bn (£7.6bn) in assets today as it scrambles to raise cash to pay back creditors following its collapse.
Flowing to an “oasis of stability” November 16, 2022 | Sponsored Kazakhstan is emerging as a key investment opportunity as the nation spreads its wings economically and enters a new phase of its political development under President Kassym-Jomart Tokayev. Businesses including satellite company OneWeb and US technology group Honeywell have recently begun operations in the country, while international investors Franklin Templeton, VPE Capital and Vedra Partners [...]
Crypto markets looking for a foothold as uncertainty continues November 16, 2022 Bitcoin is down less than a percentage point from yesterday, trading at $16,737 this morning, while Ethereum has shed 2.8%.
House prices up almost 10 per cent on last year as London’s average reaches £544k November 16, 2022 House prices increased almost 10 per cent on last year but were unchanged over August and September, new figures have revealed. The Office for National Statistics’ house price data showed a 9.5 per cent jump over 2022 to September, down from 13.1 per cent in August 2022. House prices however remained unchanged since August 2022, [...]
Focus on the Menopause and reframing the narrative November 16, 2022 | Sponsored DiverCity® Podcast · S14 E4 Focus on the menopause and reframing the narrative In honour of World Menopause Month, host Julia Streets is joined by Sam Simister, co-founder of GenM and Rachel Lankester, founder of Magnificent Midlife. Together they focus on redressing the balance and creating a more positive discussion about the menopause, while also [...]
Ronaldo’s explosive interview with Piers Morgan: Man Utd could ‘rip up’ contract, top sport lawyer says November 15, 2022 Manchester United are within their right to “rip up the contract” of star forward Cristiano Ronaldo following his explosive interview with Piers Morgan this week. The comment from the head of Sport at Mishcon de Reya comes after the Portugal forward, considered one of the best players in history, caused shockwaves by saying he feels [...]