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  • Gareth Southgate in line for 10 times bigger Euro 2024 bonus than England players

    July 12, 2024

    Should they succeed and win a first major tournament since 1966, the Football Association will receive around £24m from governing body Uefa.

  • Sterling soars to multi-year highs as investors flock to ‘safe haven’ UK

    July 12, 2024

    Higher interest rates benefit domestic currencies, because international investors are able to earn a higher return on their investments.

  • Why the Bank of England may be wary of a growing UK economic recovery

    July 12, 2024

    Debapratim De at Deloitte reckoned the Bank of England will be in "no hurry" to cut interest rates after this morning's GDP figures.

  • Lenders expect further rise in mortgage defaults in coming months

    July 11, 2024

    UK lenders are expecting a further jump in default rates on home loans in the coming months, according to a Bank of England survey, as mortgage holders face higher refinancing costs.

  • Omega: Kitchen maker says slip into the red was ‘outside its control’

    July 11, 2024

    British kitchen maker Omega has slipped into the red following a year marred by challenges "outside the company's control", according to newly-filed documents.

  • Mark Kleinman: Water sector’s goodwill will evaporate under Labour

    July 11, 2024

    Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his fortnightly City A.M. column. This week he writes about the new government’s plans for water firms, housebuilders and Schroders The moment has arrived. By the time City AM readers set eyes on today’s newspaper, Ofwat, the water [...]

  • Who’s who in Labour’s new look Treasury and business teams?

    July 11, 2024

    Post-election and cabinet appointments, we’ve rounded up who's who in the government's new-look Treasury and business top teams.

  • Bank of England’s top economist Huw Pill ‘uncomfortable’ with persistence of inflation

    July 10, 2024

    In a speech delivered at Asia House in London, Pill said that recent pieces of economic data pointed towards some "upside risks to my assessment of inflation persistence".

  • HSBC to revamp investment bank to look more like Citi

    July 10, 2024

    HSBC is reportedly reshaping segments of its investment banking arm, following in the footsteps of rivals like Citigroup.

  • JD Wetherspoon: Tim Martin on a ‘gradual recovery’ and Reeves’ plans for pubs

    July 10, 2024

    Labour costs have increased by £164m in this financial year compared to 2019, while energy, repairs and interest costs have risen by £28m, £38m and £16m respectively. 

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