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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