Why does Britain suck at building major infrastructure? February 8, 2024 An overzealous planning system and disjointed supply chains are reasons why the UK lags behind on building major infrastructure, a report has found.
The Guernsey stock market looking to crash LSEG’s private party February 8, 2024 Each week Charlie Conchie interviews chiefs in the world of finance and tech. This week he sits down with Cees Vermaas, the founder of Guernsey-based the International Stock Exchange.
Worst corporate jargon of the week: Town hall February 8, 2024 Beloved by HR executives tasked with fostering a sense of company 'community', the town hall meeting has become an epidemic.
Give councils more tax flexibility amid financial strain, ministers urged February 8, 2024 Councils should be given more free rein to raise local taxes to shore up ailing finances and then “suffer the consequences” at the ballot box, MPs have heard.
Government is ‘interfering’ with regulators and appointing ‘allies’ to top jobs, Lords claim February 8, 2024 The government is “interfering” with the work of independent regulators and ministers are pushing to appoint “political allies” to top jobs, a group of peers have claimed.
FCA urges Big Tech to crack down on fraud amid rise in unauthorised firms February 8, 2024 The Financial Conduct Authority (FCA) has launched a fresh call for social media firms to do more to prevent mass fraud on their platforms, City A.M. can reveal.
‘Why does it take so long?’: MPs clash with banking regulator on speed of City reform February 8, 2024 A top group of MPs clashed with the banking watchdog today over the speed it is pushing through the government’s landmark package of financial reforms.
Moving markets: Five things shaping the FTSE 100 today February 8, 2024 Asian shares track Wall Street's surge; China's inflation records the deepest drop since 2009. Oil prices rose amid slim progress in Gaza peace talks. SoftBank rises on Arm results; investors eye earnings, the Fed, and U.S. jobless claims.
Uber posts first annual net profit since IPO debut; equity analysts lift price target February 8, 2024 Uber posted its first annual net profit since going public, indicating improved user retention and successful strategic initiatives, prompting several equity analysts to raise the price target.
Arm: AI boom “is real” as New York-listed Cambridge firm soars February 7, 2024 Arm, the UK chipmaker which listed in New York, proved the worth of its fundamentals on Wednesday evening – beating analyst estimates and sending shares soaring. Demand for artificial intelligence upgrades has boomed across the global economy and Arm has benefitted, bosses said. “We’re seeing more interest in newer designs and newer technologies by customers” [...]
