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      Bank of England hikes interest rates to four per cent in unanimous vote

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

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City A.M. Content

  • Harrods Corporate Service

    January 18, 2024

    Harrods Corporate Service are experts in creative business gifting solutions, from any brief or budget, the dedicated account managers are experts in helping businesses communicate, celebrate millstones, motivate and reward. With first-hand access to some of the most exclusive products and services in the world from every department across the renowned Knightsbridge store from the [...]

  • Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps

    January 18, 2024

    Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.

  • Probe into AI and future of UK news launched amid heavy election year

    January 18, 2024

    The government has launched a probe into the future of UK news amidst the rise of artificial intelligence (AI) and the world's largest-ever election year.

  • Kier Group: Order book hits £10.7bn as chief heralds ‘disciplined growth’

    January 18, 2024

    Kier Group's half-year order book has risen 6 per cent to £10.7bn, after the construction firm secured a number of major deals.

  • Royal Mail chief warns network ‘not sustainable’ and ‘urgent action’ needed to save it

    January 18, 2024

    The chief of embattled Royal Mail has called for "urgent action" as the postal service braces against inflation and dwindling letter volumes.

  • Getting help for drug and alcohol addiction could be easier than you think

    January 18, 2024  |  Sponsored

    If you or someone you know needs help you can call FRANK at any time on 0330 123 6600 for confidential advice and information Having come through the Christmas and New Year party season, there will be many among us who are feeling the weight of alcohol and drug use. What begins as recreation can [...]

  • Cynergy Bank chief urges struggling SMEs to ‘de-risk’ current accounts

    January 18, 2024

    The boss of challenger Cynergy Bank has said small firms are letting too much money languish in no-interest current accounts, as it launches a new offering that puts it in more direct competition with Britain’s major lenders. Chief executive Nick Fahy told City A.M. that small and medium-sized enterprises (SMEs) are increasingly struggling to afford [...]

  • FTSE 100 today: London markets likely to open in red following weak global cues 

    January 18, 2024

    Global stocks fall, China shares hits 5-year low, greenback nears one-month peak, and oil prices rise; focus shifts to Christine Lagarde's speech and U.S. economic data.

  • Boss of dating app Thursday apologises after Linkedin layoffs post

    January 17, 2024

    The boss of dating app challenger Thursday has apologised after he received backlash over a social media post about layoffs at his startup.

  • Samsung launches Galaxy S24 with AI features after Apple crowned top smartphone maker

    January 17, 2024

    Samsung has today debuted its highly anticipated Galaxy S24 smartphone series, with new artificial intelligence (AI) features.

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