By: Rupert Hargreaves

Rupert Hargreaves is City AM's Chief Operating Officer. He was previously the Managing Editor and City AM's News Editor. Today he edits Whisky Business: City AM's monthly look at the world of whisky and covers the insurance sector, including Lloyd's of London. Before joining City AM, he helped lead the digital team at MoneyWeek, the UK's best-selling financial magazine. Rupert has nearly 20 years of experience in financial journalism and holds qualifications from the CFA Institute and the Chartered Institute for Securities & Investment (CISI).

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GSK receives US breakthrough therapy designation for lung cancer treatment

August 20, 2024

Pharmaceutical group GSK has been granted breakthrough therapy designation by the US Food and Drug Administration (FDA) for a key lung cancer treatment. The breakthrough therapy designation is designed to expedite the development and review of drugs with the potential to treat a serious condition. Only treatments that are shown to offer a substantial improvement [...]
Volatility and new markets help Plus500 to ‘excellent’ first half

August 19, 2024

Plus500, the spread betting and CFD provider, has reported an “excellent” start to its financial year. For the year to 30th June, the company reported revenue of $398.2m (£307m) up eight per cent year on year. The company also reported earnings before interest, tax, deprecation and amortisation (EBITDA) of $183.9m (£142m) for the period, up [...]
Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’

August 7, 2024

Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for the six months to 30th June, the company recorded 3.3 per cent growth in insurance contract written premium (ICWP). The figure rose $89.6m (£70.5m) to [...]
Interactive Brokers is ready to shake up the UK trading market

July 23, 2024

“Why is it,” Gerald Perez, the UK boss of global brokerage giant Interactive Brokers, told City A.M., “that UK investors can trade anywhere around the world on our platform for less than £3, but other platforms charge £10 for investors to trade in their home market?” Although it’s currently a fairly small player in the [...]
Harland & Wolff: Boss steps down as Titanic shipbuilder’s government loan rejected

July 19, 2024

Harland & Wolff has been locked in financing talks with the government for the past year.
UK government borrows more than expected as debt pile grows

July 19, 2024

The governement borrowed more than expected during the month of June.
Retail sales slump despite higher real wages

July 19, 2024

Retail sales fell faster than expected with department stores particularly badly hit.
HSBC appoints new chief to replace outgoing boss Noel Quinn

July 17, 2024

The bank has announced Georges Elhedery will take over the role as the head of the bank from 2nd September.
Vanquis Bank reports surprise balance sheet hit after investigation

July 16, 2024

As a result of these write-offs, the lender said it would no longer hit its return on tangible equity and profit targets for the year.
Wise books another quarter of strong growth as firm rolls out new partnership in Brazil

July 16, 2024

Overall, the group said underlying income for the three-month period grew 22 per cent year-on-year to £325.4m. Deposit balances expanded 23 per cent year-on-year, while "card and other revenue growth" came in at 55 per cent.

Britain takes first steps on journey to 2040s North of England Olympics bid

Britain takes first steps on journey to 2040s North of England Olympics bid

Why now is the perfect time to visit Cyprus

By: Rupert Hargreaves

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