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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Watch theft wave continues – with £1.5bn-worth lost or stolen in one year alone

March 18, 2024

A sharp rise in theft has driven a more than threefold increase in the number of watches recorded as lost or stolen over the last 12 months, according to new data, as the value of missing timepieces hits £1.5bn.
City bosses expect strong second quarter while cutting costs amid economic pressure

March 18, 2024

Financial services bosses are confident on their second-quarter results, according to a survey of more than 150 senior executives, despite the squeeze from inflationary pressures and higher borrowing costs forcing them to cut costs.
Manchester Airport could add £16.3bn per year to UK economy by 2050, report shows

March 18, 2024

Regional political and business leaders have backed a report showing how further investment and government support for Manchester Airport could nearly triple its contribution to the UK economy and support 85,000 new jobs by 2050.
M&S aims to launch banking and loyalty ‘superapp’ in long-term commitment to financial services

March 17, 2024

Marks & Spencer (M&S) is reportedly close to a seven-year agreement with HSBC to overhaul its banking division as a financial services and loyalty "superapp".
Central banks in focus this week as policymakers weigh up interest rate cuts

March 17, 2024

Major central bank are set to dominate the headlines this week as they prepare to make decisions on interest rates that will determine borrowing costs around the world.
Belgians tap up Chinese ahead of possible third bid for Direct Line

March 17, 2024

The boss of Belgian insurer Ageas is reportedly flying to China to meet its largest shareholder amid speculation he is trying to gather support to raise its £3.2bn takeover offer for Direct Line after being rebuffed twice.
Bank of England to cut interest rates in June, economists forecast

March 17, 2024

The Bank of England is set to start cutting interest rates in June, according to a City A.M. poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.
Lloyd’s of London and Bermuda Monetary Authority partner to strengthen ties between global insurance hubs

March 14, 2024

Lloyd’s has joined forces with the Bermuda Monetary Authority (BMA) to jointly develop an initiative for closer collaboration and alignment on sharing risk expertise between the two global insurance hubs.
Direct Line: Top Ageas investor reportedly opposing takeover bid

March 14, 2024

One of Ageas' top shareholders is reportedly opposing the Belgian insurer's attempt to acquire London-listed rival Direct Line after it has already been rebuffed twice.
Government proposes ‘debanking’ law after Farage Natwest row and surge in complaints

March 14, 2024

The UK government has proposed a law that would force banks to give customers more advanced notice and an explanation before closing their accounts, following a surge in complaints over "debanking" and a row between Natwest and former Ukip leader Nigel Farage.

Monzo in talks over £10bn sale to Nubank in blow to IPO hopes

AI and politics will never destroy the beauty of supporting clubs like Bournemouth

Two countries, one holiday: Turkey’s glitzy Bodrum and Greece’s unbuttoned Kos

By: Lars Mucklejohn

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