Midday News
Today’s news
Economics
Bank of England hikes interest rates for tenth time in a row amid recession and warns of further action to tame inflation
by Jack Barnett
Shell
: Energy giant caps off bumper trading year with record £32.2bn profits
Airlines:
Flying start to 2023 – shares up after 16m passengers take to skies on Ryanair and Wizz Air
End of an era:
Heathrow’s ‘extraordinary’ boss John Holland-Kaye to step down
Capricorn:
Newmed merger hits the rocks as activists win boardroom battle
Banking
Chris Woolard on BNPL, regulatory run-ins and getting financial rulemaking right
by Charlie Conchie
Borrowing:
Warning of ‘marked slowdown’ in mortgage lending from Santander UK chief as bank’s profit creeps up two per cent
Strikes:
Continued disruption warning today with trains starting late and finishing early before Friday’s walk-outs
Telecoms:
Fibre advancing ‘like fury’ but will £5bn infrastructure spend turn round BT’s share price woes?
Sony
: Bumps up veteran CFO to president before elected decline in earnings
Canary Wharf:
Buzz almost back as Elizabeth line sees passenger demand near pre-pandemic levels
Economy:
The Bank of England appears to have learnt from earlier mistakes
Fintech:
London digital lender Zopa bags £75m for dealmaking push
Crypto A.M.
Crypto markets respond positively to softer US rate hike announcement
Opinions & Features
Business
The Square Mile and Me: Lloyd’s of London’s Dawn Miller on her favourite City spots
by City A.M. Reporter
Legal:
As the EU rehashes old myths of no win-no fee litigation, London stands to benefit
Paul Ormerod:
Even in the middle of the war, we need to plan how to rebuild – and fund – Ukraine
Sadiq Khan
: London councils waste money bidding for levelling up cash
Housing:
Persimmon and Barratt to sign Gove’s cladding contract as others stall for time
Sport
Sport
Tom Brady: Why it was time for the quarterback who literally changed the game to hang up his helmet
Six Nations:
Caluctta Cup has extra special edge and Doddie Weir Cup will mean so much more this year for Scotland, says Gavin Hastings
Fifa Club World Cup:
Will European teams make it 10 in a row? And when is the competition expanding to 32 teams?
Six Nations:
Where do Italy play, when did they last win, what is their anthem and who is their coach?
Cricket:
Jofra Archer’s six appeal gives England a happy ending to South Africa series
Life & Style
City A.M. Content
7 ways to celebrate – or avoid – Valentine’s Day in London
Lemons Lemons Lemons Lemons Lemons review
: Jenna Coleman can’t make lemonade from this
Global
: The big winner in new radio figures as Heart, Capital and LBC take top spot in London
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