Even Russia’s central bank is ‘surprised’ as country’s lenders post record profits January 31, 2024 Russian banks posted record profits in 2023 in news that surprised even the country’s own central bank, showing how the state is weathering Western sanctions over the war in Ukraine.
Rachel Reeves: Labour has ‘no intention’ of restoring bankers’ bonus cap January 31, 2024 Labour has “no intention” of restoring the cap on bankers’ bonuses, Rachel Reeves has said.
Cleverly: ‘No interruption to the supply of food to the shelves’ from new Brexit checks January 31, 2024 There will be “no interruption to the supply of food to the shelves” due to new Brexit checks coming into force, a government minister has insisted.
Universal to pull songs from TikTok while demanding protection from ‘harmful effects of AI’ January 31, 2024 Universal Music has said it plans to strip its extensive song library from TikTok amid payment negotiation breakdowns.
Labour City plans like ‘dog food lasagne’: Tories mount defensive in battle for the Square Mile January 31, 2024 The former City minister claimed Labour’s plans for the City are like “dog food lasagne” today as the government looked to fight off a major Rachel Reeves charm offensive on the Square Mile.
Microsoft: Rising cost of AI could weigh on share price, analysts warn January 31, 2024 In the three months to December, Microsoft's revenue increased by 16 per cent to hit $62bn, roughly in line with expectations.
The Debate: Is it desirable to have a Prime Minister who fasts? January 31, 2024 The Prime Minister fasts for 36 hours each week - is that a good thing? Our columnists battle it out before City A.M. delivers the verdict.
Samsung profits tumble 34 per cent after chip business hits rock bottom January 31, 2024 Samsung has reported a 34 per cent drop in operating profits in its four quarter and new lows for its chip business.
Gusbourne sales boosted as Brits still splashing out on designer sparkling wine January 31, 2024 Despite economic woes, customers still wanted to splash out on a bottle of Pinot Noir and Rose, with Gusbourne reporting a 26 per cent rise in direct consumer sales.
Santander UK rides out interest rate peak but expects further mortgage weakness January 31, 2024 High street lender Santander UK has reported a jump in annual profits as it rode out the end of an interest rate spike, while weakness continued in the mortgage market.
