Labour market ‘creaking rather than cracking’ following Budget February 18, 2025 There's been a growing air of pessimism around the labour market since Labour's maiden Budget, and with good reason.
St James’s Place investors brace for results as Citi upgrades stock February 18, 2025 St James’s Place investors are gearing up for the release of the wealth manager’s full-year results next week as Citi analysts have upgraded their price target for the stock. In a note yesterday, Citi analysts upgraded the stock’s price target from 1,080p to 1,280p compared to the current share price of 1,130p. “Our funds under [...]
Thames Water restructuring plan approved by High Court February 18, 2025 Thames Water’s restructuring plans have been approved by the High Court, giving the beleagured utility a lifeline to avoid temporary nationalisation. The UK’s biggest water supplier had been set to run out of money by 24 March without a £3bn loan from its creditors, amid debts of more than £19bn. Such an outcome would have [...]
Barclays and Natwest drop climate targets from executive bonuses February 18, 2025 Banking giants Barclays and Natwest will both drop climate targets from their annual bonus schemes for senior executives. The move reflects a wider shift underway in the corporate world, removing a formal link between climate and diversity targets and remuneration. Both lenders will cut sustainability metrics as performance measures from annual award schemes, and instead roll [...]
Plus500 announces new buyback as investment plans pay off February 18, 2025 Revenue at the fintech trading platform rose six per cent year-on-year to $768.3m (£609.3m) thanks to a six per cent increase in trading income.
Holiday Inn owner IHG boosts dividend and buyback amid continued growth February 18, 2025 Holiday Inn owner IHG has announced the purchase of its 20th brand and a boost to shareholder returns as it benefits from the revived travel market. IHG has soared as travel has returned after the pandemic, with early estimates for 2024 suggesting the hotel industry has finally surpassed 2019’s revenue. The Windsor-headquartered company told markets [...]
Wage growth accelerates again as concerns about inflation rise February 18, 2025 Wage growth accelerated again in the final quarter of last year, new figures show, in a reminder that the UK economy still faces sticky price pressures.
New towns: Why Starmer needs to avoid being a cowboy builder… February 18, 2025 Promises can be a tricky thing in politics. Just look at the flack Nick Clegg received for pledging to scrap tuition fees, and then, well, not. Similarly, putting Partygate aside, I suspect Boris Johnson isn’t exactly fondly remembered as PM by those voters living in areas promised one of his 40 new hospitals. While some [...]
London’s £120 million top secret real-life James Bond tunnels February 18, 2025 City AM partnered with Joolz from Joolz Guides to take an exclusive first look inside London’s deepest underground tunnels.
UK jumps to fifth for M&A attractiveness globally February 17, 2025 The UK has been ranked fifth for the most attractive destination for merger and acquisition (M&A) investors internationally, beating out all but Germany across Europe. The UK climbed two spaces from last year with an index score of 71 per cent, compared to the top US score of 78 per cent, according to the latest [...]
