Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group April 16, 2024 In the letter, which City A.M. has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."
UK economy grows in February as recovery gathers steam April 12, 2024 The figures will raise hopes that the UK economy can move on from a disappointing 2023.
Plans to stop NDA abuse provide clarity but aren’t radical, lawyers say April 10, 2024 Non-disclosure agreement (NDA) clauses that aim to stop victims reporting crimes to the police are “likely already unenforceable” under “current laws”, lawyers have said.
Should you buy NS&I’s British Savings Bonds or Premium Bonds? April 6, 2024 As the government launches its much-touted British Savings Bonds, City A.M. asks whether the product is worth investing in over Premium Bonds.
Thames Water default: What’s next for the company now it can’t officially pay its debts? April 5, 2024 Is Thames Water edging closer to a Bulb-style government bailout?
Treasury urged to reform tax system in bid to boost US-style philanthropy April 4, 2024 According to the Financial Times, Frazier is pushing the Treasury to move the tax regime towards a more US-style system.
Post Office scandal: Leaked recordings reveal bosses knew Fujitsu meddled with postmaster Horizon accounts April 4, 2024 Forensic accountants discovered direct instructions from the Post Office to Fujitsu, instructing the alteration of sub-postmaster accounts.
Letter to the editor: Interest rates, the long and the short of it April 4, 2024 While short-term interest rates make news, many overlook long-term rates, which are reaching levels not seen in over a decade.
Child benefit changes to kick in as government expands free nursery hours April 3, 2024 Changes to child benefit are set to save higher earning parents an average of £1,260 a year as the high income charge threshold increases.
UK economy: Disposable income climbs despite recession March 28, 2024 Despite a rise in disposable income, household expenditure actually fell as people replenished their savings accounts and paid down debt.