By: Lars Mucklejohn

Banking and Fintech Reporter Lars Mucklejohn is a reporter at City A.M. covering banking and fintech. For tips and stories, he can be contacted at lars.mucklejohn@cityam.com and posts at x.com/LarsMucklejohn

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Transport officials plot PFI-style deal to fund HS2 Euston station

October 20, 2024

Government officials are reportedly planning to raise at least £3bn from private sector investors to help fund the new HS2 station at Euston and renovate the neighbouring mainline terminus.
UK banks to post first results since interest rate cut

October 20, 2024

Major UK banks are to reveal whether borrowers are benefiting from lower interest rates as they report third-quarter results over the next two weeks.
Fraud cost Brits almost £600m in first half of 2024

October 18, 2024

Fraudsters stole almost £600m from Britons in the first half of 2024, new figures reveal, in a sign of the heavy losses banks will cover under new mandatory reimbursement rules.
Government set to bring buy-now pay-later firms under FCA regulation

October 17, 2024

The Treasury is set to unveil its plans for buy-now pay-later rules tomorrow in a move that could end years of uncertainty surrounding the regulation of the sector, City AM has learned.
Arbuthnot: Historic bank leans on wealth unit as rate cut hits lending income

October 17, 2024

Arbuthnot Banking Group reported growth in its wealth management arm as the historic lender looks to weather a fall in interest rates.
Man Group outflows jump after large client pulls funds

October 17, 2024

Man Group was hit by $5.5bn (£4.2bn) in outflows during the three months to September, driven by a single client redeeming its money.
UK fintech stars warn capital gains tax hike could force them to relocate

October 16, 2024

Prominent UK fintech founders have warned the new government that hiking capital gains tax risks forcing them out of the country, with nearly half already mulling relocation.
Wall Street lenders beat earnings estimates as investment banks rebound

October 16, 2024

Morgan Stanley, Goldman Sachs, Bank of America and Citigroup all surpassed analysts' estimates for their third-quarter earnings, helped by renewed strength in their investment banks.
Admiral and Direct Line shares sink as Labour takes aim at ‘spiralling’ car insurance costs

October 16, 2024

Shares in insurers Admiral and Direct Line slumped on Wednesday after the government unveiled a new taskforce that it said would tackle the "spiralling" cost of motor insurance.
FCA to review UK premium finance market amid price hike concerns

October 16, 2024

The UK's financial regulator is to review Britain's premium finance market amid worries that consumers who borrow to pay for insurance may not be getting fair or competitive deals.

OpenAI rewrites Pentagon AI deal following backlash

English cricket facing tragedy if ECB doesn’t change, warns county boss

Psst… This is how to ski Les 3 Vallées without the crowds

By: Lars Mucklejohn

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