City analysts discuss what a Biden administration may hold for financial markets January 20, 2021 In the final hours of Donald Trump’s presidency, investors are turning the spotlight on Joe Biden. As Biden is about to enter the White House, several City-based analysts discuss what the new administration may have in store for different markets and parts of the economy. US Dollar US Treasury Secretary nominee Janet Yellen reaffirmed her [...]
Investments climb back to pre-pandemic levels with cash reserves playing key role January 5, 2021 Despite economic pressures and a recession looming, nearly half of corporates and large SMEs expect business investment to return to pre-crisis levels by the end of this year as business gets back to normal. According to a new survey shared exclusively with City A.M. today, just 16 per cent expect to take three years or [...]
UK signs post-Brexit trade deal with Norway and Iceland December 8, 2020 The UK just signed in London a post-Brexit rollover trade deal with Norway and Iceland. The agreement covers trade in goods, and ensures 95 per cent of goods trade with Norway and over 90 per cent with Iceland will remain tariff-free, providing businesses with certainty that they can continue to operate on the same terms [...]
London hospitality industry marches on parliament – live updates October 19, 2020 Members of the London and UK hospitality industry are staging a protest on Parliament Square, urging the government to revise its policies relating to hospitality venues. Reporter Poppy Wood is down in Westminster: follow live updates and responses here. Update 11:50 Chef and restaurateur Jason Atherton tells City A.M. that “what Boris Johnson has done [...]
