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      Bank of England to ‘tolerate slow return’ to inflation target as interest rates held

      Bank of England Governor Andrew Bailey said cited several indicators that the labour market was softening.

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City A.M. Content

  • Boeing 737 Max 9: Ryanair ‘can’t rule out’ further delivery delays after Alaska Airlines blowout

    January 17, 2024

    Ryanair's chief executive Michael O'Leary has said he can't rule out further Boeing aircraft delivery delays.

  • Seat Unique: Meet the premium ticketing company riding the ‘funflation’ wave

    January 17, 2024

    Robin Sherry, the founder and chief executive of premium tickets provider Seat Unique, says the experience economy is booming.

  • FTSE 100 today: London markets could wrestle with recovery as global risk mood sours

    January 17, 2024

    Amid global market volatility, Asian markets respond to a Wall Street downturn, while Nikkei reaching a 34-year high; oil prices decline due to a dollar surge and Red Sea geopolitical concerns. The greenback hits a one-month peak. China's economy outperforms expectations, while investors await crucial data on UK inflation and U.S. retail sales.

  • China’s 2023 odyssey: economy grows by 5.2 per cent, population declines by two million 

    January 17, 2024

    China's economy grew by 5.2% in 2023, but a 2 million population decline highlighted challenges from a slowing property market and demographic pressures.

  • Goldman Sachs ended 2023 strongly despite investment banking weakness

    January 16, 2024

    Goldman Sachs reported that profit jumped at the end of 2023 as the bank’s asset and wealth management arm helped offset continued weakness in investment banking. In the three months to December, the bank’s net earnings climbed 51 per cent to $2.0bn, up from $1.3bn in the same period last year. The jump in profit [...]

  • Costs £43bn or saves £15bn: Spat over taxpayer billions at Drax carbon capture site

    January 16, 2024

    Climate think tank Ember claims Drax is pushing through a new facility to help its existing plant out of financial difficulty

  • 2023 Company ESG Data: Winners & Losers

    January 16, 2024  |  Sponsored

    At Integrum ESG, we pride ourselves on our data being dynamic and not static like many of our more established competitors. We ensure that all sustainability scores and data on our innovative Platform is updated within days of a company publishing new materials.  By ensuring our data is constantly up-to-date and of the quality expected [...]

  • Princes falls to £50m loss and makes further redundancies as potential sale looms

    January 16, 2024

    Food giant Princes cut over 150 jobs while slipping to a loss of more than £50m despite its revenue rising by £300m, new documents have revealed.

  • London drivers hit hardest as UK car insurance costs rocket to record high

    January 16, 2024

    UK car insurance costs increased the highest amount on record last year, according to a closely watched index.

  • Moving markets: Five things shaping the FTSE 100 today 

    January 16, 2024

    Asian stocks decline, the greenback strengthens, and oil prices surge amidst rising Middle East tensions. Focus sharpens on the UK labor market data.

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