By: Chris Dorrell

Chris at City AM from 2023-2025, first as banking reporter and then economics reporter. He continues to freelance and plays with his band Totally Amorphous

All 562 Articles

FTSE 100 close: Markets end in the green before Easter weekend despite US recession fears

April 6, 2023

London’s blue-chip index approached the Easter weekend higher as oil giant Shell lifted markets despite fears that the US economy might be slowing. The capital’s premier index ended 1.03 per cent higher at 7,741.56 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, closed 1.05 [...]
A tale of two markets: ‘Muted’ UK recruitment offset by thriving Europe, says Robert Walters

April 6, 2023

Robert Walters said its group profit remained flat in the first quarter of 2023 compared to last year, as a European recruitment drive offset falls elsewhere. Group profit was flat compared to last year on a constant currency basis, although it rose four per cent to £102.4m from £98.4m on a reported level. The recruiter [...]
De La Rue faces shareholder revolt as fund calls for chair to go over ‘failed’ turnaround plan

April 5, 2023

London-listed banknote maker De La Rue is facing a shareholder revolt after a major investor demanded that chair Kevin Loosemore be removed for failing to improve the company’s performance. In a letter to shareholders today, AIM-listed activist fund Crystal Amber argued that De La Rue is failing to meet its financial targets, which it set [...]
UBS: Credit Suisse deal poses a ‘major challenge’ – but it won’t alter bank’s strategy

April 5, 2023

UBS chair Colm Kelleher said the bank’s $3.25bn acquisition of Credit Suisse would not force it to change its strategy over the next few years, but admitted the integration represented a “major challenge”. Speaking at the bank’s AGM in Basel today, Kelleher said the acquisition was “a new beginning” and brought “huge opportunities ahead for [...]
Portraits of Dogs at the Wallace Collection will make your tail wag

April 5, 2023

From taxidermy to Hockney’s adorable dachshunds, Portraits of Dogs, a new exhibition at the Wallace Collection, explores how the portrayal of our canine friends has changed over the centuries. Three huge portraits greet you as you enter: George Stubbs’ ‘aristocratic dogs’, which are among the exhibition’s finest pieces. More than almost anyone else on display [...]
FTSE 100 close: Markets close in the green despite US jobs data pointing to possible recession

April 5, 2023

London’s blue chip index ended in the green on Wednesday despite weak data from the US raising the risk of a recession. The capital’s premier index closed 0.37 per cent higher at 7,662.94 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, ended 1.14 per [...]
Ladbrokes owner gambles on media expansion, buying 365scores for £128m

April 5, 2023

Entain has bought 365scores in a deal worth up to $160m (£128m) as the betting giant hopes to expand its global reach. The Ladbrokes owner will pay $150m plus contingent payments of up to $10m for the Israeli sports media company. 365scores has 15m active users and a “fast growing” audience. It provides sports information, [...]
Meet the KPMG dealmaker putting the Big 4 firm in the green energy mix

April 5, 2023

Hardly a week goes by without a new survey showing the slump in M&A activity in 2022. By some estimates M&A dropped 18 per cent after the flurry in 2021. However, looking a little closer reveals a more nuanced picture. Mid-level M&A remained fairly consistent while certain sectors saw continued growth. One of the most [...]
Bank needs to ‘see the job through’ on inflation, says Pill – but divisions remain

April 4, 2023

The chief economist at the Bank of England, Huw Pill, has suggested that more work is needed to tame price rises because there is a danger of high inflation becoming embedded in the UK economy. “The onus remains on ensuring enough monetary tightening is delivered to ‘see the job through’ and sustainably return inflation to [...]
Sketch: Nutty shareholders provide comical end to Credit Suisse’s scandal-ridden history

April 4, 2023

Credit Suisse’s final AGM was a suitably bizarre event for a firm that has become the byword for corporate scandal in recent years. As many disgruntled shareholders said, the bank’s collapse has been long in the making with a reliable string of wrongdoing slowly eroding trust in the 167-year old institution. Fortunately, a slightly less [...]

Reading owner Rob Couhig considers selling training ground to raise funds

Fury promoters Queensberry see profits rise after Dubois vs Joshua bout

What’s on in London January 2026

By: Chris Dorrell

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