UK economy grows 0.6 per cent in second quarter, in line with expectations August 15, 2024 The UK economy grew in line with expectations in the second quarter of 2024, as it continued to bounce back from a shallow recession.
Mark Kleinman: Hargreaves Lansdown deal poses conundrum for retail punters August 15, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking with his weekly City A.M. column. Today, he takes a look at the Hargreaves Lansdown takeover deal, the auction of The Daily Telegraph and efforts to boost London's capital markets
UK confidence in financial inclusion plummets despite strengthening economy August 15, 2024 People in the UK are feeling significantly less financially included than they used to be, City A.M. can reveal, as the pressure of the cost of living crisis continues to weigh on the public . The proportion of people who say they feel financially included in the UK has dropped to only 56 per cent [...]
Former Harland & Wolff chief’s failure to accept blame for troubles is embarrassing August 15, 2024 Harland and Wolff has been fighting to stave off collapse since the new Labour government said it wouldn't guarantee a £200m loan from its lenders.
Do long prison sentences work? Economics has the answer August 15, 2024 Sentences deter different groups in different ways - and behavioural economics shows how, says Paul Ormerod
Let’s be honest, Elon Musk is right to defend free speech August 15, 2024 Blaming communications for unrest has a long and unhappy history. We repeat it at our peril, writes Matthew Lesh
There’s a hidden carbon cost to the government’s housing targets August 15, 2024 But an innovative use of cement could help reduce the construction sector’s emissions, writes Dalraj Nijjar
How Astrazeneca became the London Stock Exchange’s newest £200bn firm August 14, 2024 Astrazeneca has become the most recent UK-listed company to achieve a market valuation of £200bn, a landmark achievement for both the pharmaceutical giant and the London Stock Exchange, as investors have been won over by its ambition and success with cancer treatments. The company’s shares rose by 1.1 per cent on Tuesday, propelling its market [...]
Citi removes EU-imposed bonus cap for top London bankers August 14, 2024 Citigroup has become the latest Wall Street bank to scrap an EU-imposed bonus cap, paving the way for it to award bigger payouts to some of its top London staff.
‘Annoying’: Nancy Pelosi slams Liz Truss for saying ‘world was safer’ under Trump August 14, 2024 Nancy Pelosi has criticised Liz Truss for claiming the “world was safer” under Donald Trump’s presidency, saying the former Prime Minister’s words were “annoying”. Pelosi, the former Speaker of the US House of Representatives, also said Truss, who spent just 50 days in No10, “doesn’t know what she’s talking about, once again”. The former South [...]
