Profits steady at Frasers Group-owned Jack Wills after store closures and job cuts May 9, 2024 Profits remained steady at Jack Wills, the fashion brand owned by Mike Ashley's Frasers Group, as a raft of store closures and job cuts saw its revenue fall below £30m.
Bonds & Ballots: Can a British ISA save London’s stock market? May 9, 2024 In this week's Bonds & Ballots, City A.M. asks: did Jeremy Hunt do enough for UK financial services? And will a British ISA really boost London's markets?
Devolution: Should London have power to raise its own taxes? May 9, 2024 Calls for the government to share some tax revenue with devolved administrations - including in London - have been backed by organisations in the capital.
NATO must commit 2.5 per cent defence spending, Cameron to argue May 9, 2024 NATO allies must commit to spending 2.5 per cent of GDP on defence, amid the need for a “harder edge for a tougher world”, David Cameron will say.
Metro mayors need more power to deliver growth May 8, 2024 Sadiq Khan has been reelected for a third term as mayor, but if he's to get London firing on all cylinders we need more fiscal devolution
Starmer ‘delighted’ by ex-Tory MP Natalie Elphicke’s defection to Labour May 8, 2024 Conservative MP Natalie Elphicke has defected to join the Labour Party, with an attack on the “broken promises of Rishi Sunak’s tired and chaotic government”.
London mayor Sadiq Khan urged to boost transport links and business funds May 7, 2024 Firms and groups have urged Sadiq Khan to work to boost London’s transport links and business funding as he was formally re-elected as mayor.
Rachel Reeves: Nigel Lawson was ‘right’ on not abolishing National Insurance May 7, 2024 Labour’s shadow Chancellor, Rachel Reeves, speaking in the City of London today, set out her party’s attack lines on the Tories’ economic record following the local and mayoral elections last week.
Losses at Coventry arena revealed after Mike Ashley’s takeover as turnaround continues May 7, 2024 The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed.
The City stands ready to help Sadiq Khan deliver growth for London May 7, 2024 The newly reelected Mayor is right to tout the merits of financial services. When the City succeeds, London succeeds, says Chris Hayward As Sadiq Khan returns to City Hall for an unprecedented third term as Mayor of London, this is a good moment to take stock of the challenges in the next four years, that we in the Square [...]