People told us our idea wasn’t possible — so we set out to prove them wrong July 29, 2024 Ambition A.M. meets Thomas McHugh, co-founder and chief executive of data management firm Finbourne, to hear what it takes to prove an idea possible. Accurate data management is crucial for the financial services industry, especially when it comes to preventing fraud and avoiding costly errors. Thomas McHugh, chief executive and co-founder of data integration and [...]
Rothschild-backed private equity fund racks up £225m in funding July 29, 2024 An Edmond de Rothschild-backed fund run by Kennet has raised 266 million euros (£225m) to invest in software-as-a-service (SaaS) companies.
UK finance chiefs gear up for growth as sentiment soars July 29, 2024 Chief financial officers of some of the largest UK companies have seen expectations about the prospects of their own business shoot up.
C-suite executives list tax certainty as a priority from Reeves, survey finds July 29, 2024 Clarity on tax is the number most important thing bosses want from the new government, a survey of C suite execs has found.
Job vacancies plunge as summer hiring slump arrives early July 29, 2024 UK jobs vacancies fell by almost 20 per cent year-on-year in June to 852,703, to their the lowest levels since March 2021.
Exclusive: Abrdn backs property recovery with UK to ‘lead the way’ July 29, 2024 Asset manager Abrdn has moved its view of property from an underweight position to neutral as it argued the UK is leading the way on a global recovery, City A.M. can reveal.
City hails ‘critically important’ reform as FCA looks to revive IPO market July 29, 2024 Leading City figures have hailed the Financial Conduct Authority's shake-up of the UK's prospectus regime and listings rules, calling the red tape-slashing proposals "critically important" if the UK is to become "match fit".
Olympics is a chance to win business as well as medals July 29, 2024 If we can pick up friendships as well as prizes at the Paris Olympics, and help deliver successful and sustainable sporting events worldwide, we will feel the benefits here in the City, says Chris Hayward The greatest show on Earth – the Olympic and Paralympic Games – have begun. Over the next couple of weeks, the world’s best athletes will compete in Paris hoping to win medals, break records, [...]
Are we about to witness the death of the bonus? July 29, 2024 In a cost of living crisis, Gen Z employees need a financial boost all-year round, not just a discretionary bonus in December, says Nebel Crowhurst From a “Brucie Bonus” to a “Bonus Round” an unexpected cash reward is always gladly received. A bonus at work, however, isn’t always as welcome as you first might think. [...]
Reeves to pave way for spending cuts with attack on ‘worst inheritance since the war’ July 28, 2024 Rachel Reeves will vow to "fix the foundations of our economy" in a much anticipated speech to Parliament in which she will also reveal the findings of the Treasury's spending audit.