By: Chris Dorrell

Economics Reporter Chris has been at City AM since January 2023, first as banking reporter and then economics reporter. He covers all things inflation, interest rates and Bank of England.

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Will the Economic Crime Act tackle the UK’s £350bn fraud issue?

October 26, 2023

The government's legislation designed to tackle economic crime received royal assent today after months of back and forth between the House of Commons and the House of Lords.
Blockbuster US growth hits nearly 5 per cent – but what does it mean for interest rates?

October 26, 2023

The US economy grew at a startling pace in the third quarter of the year as the world's largest economy continues to shrug off the impact of the Federal Reserve's interest rate hikes.
ECB brings rate-hiking campaign to an end as bloc looks to be on cusp of recession

October 26, 2023

The European Central Bank (ECB) has finally brought its run of 10 consecutive rate hikes to an end as growth across the bloc looks set to slow over the coming months.
Standard Chartered share price dives as slowing Chinese economy and real estate crisis drag on performance

October 26, 2023

China's growing real estate crisis ensured that Standard Chartered performed worse than expected in the third quarter.
Former bookie Mark Blandford launches new lending project targeting UK SMEs

October 26, 2023

Mark Blandford, founder of online gambling firm Sportingbet, has launched a new venture targeting small and medium sized businesses in the UK, City A.M. can reveal.
Why China has opted for more stimulus — and why experts are not convinced it will work

October 25, 2023

China is rolling out a fresh stimulus package to support its economy, in a sign that the ruling Communist party is growing anxious at the sluggish performance over recent months.
Lloyds rides out end of interest rate spike with bumper profit

October 25, 2023

Increasing competition was not enough to stop Lloyds from performing above expectations in the third quarter as the bank continued to benefit from a relatively benign credit environment. In the three months to September, pretax profit hit £1.9bn, more than triple the same period last year and slightly ahead of analyst expectations. Net interest income [...]
FTSE 100 close: London climbs as miners rise on China stimulus and Lloyds jumps into green

October 25, 2023

London's FTSE indexes slipped slightly in opening trade as investors mulled results from two of the largest companies in the world last night.
City watchdog faces criticism after declining to expand SME access to complaints service

October 24, 2023

Businesses groups have warned that firms may be unable to access justice after the Financial Conduct Authority (FCA) decided against expanding access to the Financial Ombudsman Service (FOS).
Cap, scrapped: Banker bonus limit to go in bid to boost City competitiveness

October 24, 2023

Regulators have confirmed plans to scrap the cap on bankers' bonuses with the new policy going live at the end of this month.

X down as thousands report issues with social media platform

Women’s Champions League: Arsenal could cash in on prize money

Lanza-grotty? Hardly! Why Lanzarote is actually rather fabulous

By: Chris Dorrell

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