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By: Charlie Conchie

City Editor Charlie Conchie is the chief city reporter at City AM.

All 1672 Articles
  • CMC Markets profits rise as traders tap into global turmoil

    November 16, 2022

    Trading firm CMC Markets reported a boost in profits today as market volatility helped propel income by 21 per cent to £153.5m.

  • Experian profits rise as customers lean on credit checks

    November 16, 2022

    Credit checker Experian reported a 21 per cent slump in pre-tax profits in the first half of the year on as soaring inflation and rising interest rates pushed up costs and devalued its assets across Europe and the Middle East.

  • SSE profits soar in line with energy prices as windfall tax expansion looms

    November 16, 2022

    Energy giant SSE reported a 221 per cent surge in pre-tax profits for the first half of the year today on the back of spike in gas and electricity prices this year.

  • Oil firms dish out dividends as energy crisis sends profits soaring

    November 16, 2022

    Oil firms have been dishing out bumper sums to shareholders as a crisis in the energy sector drives profits to record levels, according to research released today.

  • Questions hang over ombudsman’s role in the buy-now pay-later sector

    November 15, 2022

    Lofty fees at the Financial Ombudsman Service may make it an unworkable solution for buy-now pay-later disputes, firms have warned.

  • ‘One-size-fits-all’ UK crypto rules won’t prevent an FTX repeat, Ripple warns

    November 15, 2022

    The implosion of crypto exchange FTX has underscored the urgent need for a “comprehensive and nuanced regulatory framework” in the UK, crypto firm Ripple told City A.M. today.

  • Regulators circle Bankman-Fried as FTX predicts creditors could top one million

    November 15, 2022

    Collapsed crypto exchange FTX expects to have more than one million creditors, the firm has revealed in bankruptcy filings, as regulators and policy makers circle founder Sam Bankman-Fried and look to stave off further collapses across the industry.

  • Ninety One suffers slump in assets as volatility hits

    November 15, 2022

    London-listed asset manager Ninety One said it had suffered an eight per cent slump in its assets in the first six months of the year as its holdings were rocked by rising interest rates and soaring inflation.

  • Wincanton profits hit £28m as firms lean on supply chain specialists

    November 15, 2022

    Logistics firm Wincanton said profits had jumped 2.6 per cent in the first half of the year as it managed to shrug off rising costs and boost revenues.

  • Russia exit drags on Imperial Brands’ profits

    November 15, 2022

    Tobacco giant Imperial Brands reported a sharp fall in profits for the year today following a £463m hit from its exit from Russia earlier in the year.

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