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      Bank of England hikes interest rates to four per cent as inflation set to spike

      Bank of England Governor Andrew Bailey said the future of interest rates was "more uncertain".

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City A.M. Content

  • Shell hopes to reassure shareholders of green gains amid expected profit hit

    January 31, 2024

    Of the two UK oil majors, Shell has been the quieter of late. Market discussions in recent weeks have largely revolved around BP’s former finance boss-turned chief executive Murray Auchincloss. Specifically, what his tenure could mean for a company that seems stuck between a rock and a hard place balancing shareholder returns with a demanding [...]

  • Moving markets: Five things shaping the FTSE 100 today

    January 31, 2024

    Asia markets mirror Wall Street's decline; most AI stocks, including Microsoft, Alphabet, and AMD, tumble; China's January factory activity contracts; attention shifts to Fed and BOE policy meetings.

  • China’s January factory activity contracts again, dimming economic recovery prospects

    January 31, 2024

    China's manufacturing sector, while showing slight improvement in January, sustained its fourth consecutive month of contraction despite government efforts to boost growth and weak demand, clouding the country's economic recovery outlook.

  • Pay floodgates set to open after trade body gives OK to hikes – report

    January 30, 2024

    Fund management trade body the Investment Association has reportedly written to the chairs of FTSE 350 remuneration committees signalling a change in its position on bosses’ pay packages.

  • The business case for corporate social impact

    January 30, 2024  |  Sponsored

    What it takes to sustain a business over time has radically changed. No longer is it enough to deliver value to customers and turn a profit. Now, companies need to ensure their impact on people and the planet is positive if they want to attract talent, be a top consumer choice, and access funds from [...]

  • Copyright trial over Jimi Hendrix given green light against Sony Music

    January 30, 2024

    A court ruled that a lawsuit over copyright by the estates of former band members of Jimi Hendrix can proceed to trial against Sony Music. Jimi Hendrix Experience was formed in 1966 with two other band members: David Redding on bass guitar; and John ‘Mitch’ Mitchell on drums. Together they recorded three studio albums: Are [...]

  • Man ‘armed with crossbow’ dies in south London after being shot by Met Police

    January 30, 2024

    A man armed with a crossbow was shot and killed by police in south London this morning, the Metropolitan Police force has said.

  • How Alex Jones, Will Mellor and Jasmin Harman are helping Cotton Traders target millennials

    January 30, 2024

    Cotton Traders, the clothing brand founded by two former England national rugby union captains, has turned to the power of celebrity to help target a younger audience.

  • Landmark Hilton hotel creates almost 140 jobs but losses widen

    January 30, 2024

    Almost 140 jobs were created by the company behind the Hilton hotel in Manchester's iconic Beetham Tower as it continued to recover from the Covid-19 pandemic, newly-filed documents have revealed.

  • Speedy Hire warns on profits despite ‘resilient’ performance

    January 30, 2024

    Speedy Hire has issued a profit warning despite it performing "resiliently in the face of cost inflation and macroeconomic uncertainty"

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