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By: City AM reporter

All 621 Articles
  • Reeves ‘not satisfied’ as economic growth slows in third quarter

    November 16, 2024

    Rachel Reeves has said she is “not satisfied” after official figures showed economic growth slowed in the months after Labour won the election, and even contracted in September. The UK economy grew by 0.1 per cent between July and September, versus 0.5 per cent growth in the previous quarter, the Office for National Statistics (ONS) [...]

  • EU fines Meta £660m for competition rule breaches over Facebook Marketplace

    November 14, 2024

    The European Commission has fined Meta €797m (£663m) for what it says are breaches of EU competition law related to the social media giant’s classified ads service, Facebook Marketplace. The Commission said by tying Marketplace to its Facebook social media platform, consumers on Facebook were regularly exposed to Marketplace whether or not they wanted to be, and [...]

  • Thousands cheer on 696th Lord Mayor of London at annual show

    November 9, 2024

    Thousands of people have gathered in central London for the annual Lord Mayor’s show. The show dates to the 13th century and is the first official engagement of a new lord mayor of London. The Lord Mayor serves as the elected head of the City of London Corporation and their terms last one year. This [...]

  • NHS must be weaned off ‘more, more, more’ culture, warns Alan Milburn

    November 9, 2024

    Alan Milburn, who ran the department under Tony Blair, warned that the NHS was “drinking in the last-chance saloon” .

  • Europe’s banks brace for tougher competition under Trump 2.0

    November 9, 2024

    Since early 2010, European banking shares have fallen ten per cent, while US lenders have more than tripled.

  • Ben Wallace says ‘momentum has dropped back’ on Ukraine

    November 9, 2024

    His comments come amid uncertainty over the future of US backing for Ukraine after Donald Trump’s election victory this week.

  • Donald Trump would ‘certainly’ do trade deal with UK, Boris Johnson says

    November 9, 2024

    The former prime minister said the US president-elect is offering “economic hope” but that the Government would be “too pathetic” to try to secure a deal.

  • Trump promises to ‘stop the wars’ following election victory

    November 6, 2024

    Donald Trump said he was going to “stop the wars” in his victory speech today, raising huge questions about how his presidency could alter the course of major conflicts in Europe and the Middle East. 

  • Primark earnings jump despite weather hit

    November 5, 2024

    Budget retailer Primark has seen annual earnings jump by more than 50 per cent in spite of an early summer weather hit to sales. Owner Associated British Foods reported a 53 per cent rise in operating profits at Primark, to £1.1 billion over the year to September 14 as groupwide like-for-like sales lifted 1.2 per [...]

  • Chancellor: I was ‘wrong’ on taxes during election

    November 3, 2024

    Chancellor Rachel Reeves has said she was “wrong” when she said during the election campaign that she would not need to raise taxes, but insisted further increases will not be needed.

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