Here’s what it would take for Embraer to break the Boeing-Airbus duopoly April 11, 2024 The crisis engulfing Boeing is showing no signs of abating. City A.M. explores whether the Boeing-Airbus duopoly could ever be broken.
ECB holds interest rates steady again but signals a cut is on the way April 11, 2024 Inflation in the eurozone is fast approaching the two per cent target. 'Flash' figures out earlier this month showed that inflation fell to 2.4 per cent in March, below market expectations.
Owner of Majestic Wine and Punch Pubs acquires one of UK’s biggest discount retail chains April 11, 2024 Poundstretcher, one of Britain's biggest discount retail chains, has been sold to the owner of Majestic Wine and Punch Pubs.
Vietnamese woman sentenced to death for £10bn white collar crime April 11, 2024 Truong My Lan (67), the founder of Van Thinh Phat Group, a real estate development group, was arrested in 2022 for her role in a £10bn financial fraud, the country's biggest on record.
Inside the collapse of star manager Neil Woodford’s fund April 11, 2024 The FCA has pointed the finger at Neil Woodford and Link Fund Solutions for the collapse of the Woodford Equity Income fund.
Eurocamp braces for major expansion April 11, 2024 A European holidays company has said 2024 could be the most significant in its 50-year history as it transforms its operations.
Top UK law firms borrowing more as lawyers struggle to get clients to cough up April 11, 2024 The total debt at the UK’s top 50 law firms has hit £5.4bn, as the tougher economy sees firms struggle getting clients to pay their bills. According to data shared exclusively with City A.M. by accountancy firm Lubbock Fine, the total debt has hit £5.4bn, up by £177m in the past year. The data is [...]
Lenders expect higher default rates on mortgages and credit cards in coming months April 11, 2024 British lenders are seeing increasing demand for mortgages and credit card lending but higher default rates, according to an official survey, as households and businesses struggle with elevated borrowing costs.
FCA takes action against disgraced stock picker Neil Woodford for ‘defective understanding of responsibilities’ April 11, 2024 Former manager of the Woodford Equity Income fund, Neil Woodford, has been slammed by the FCA for his actions running the fund.
‘Scarcity of high-quality space’ drives activity for West End London landlord GPE April 11, 2024 One of central London’s biggest listed landlords said a “scarcity of high quality space” helped drive leasing activity in the year to the end of March.