Losses deepen for London-listed Bitcoin miner Argo Blockchain February 7, 2022 Losses have deepened for London-listed bitcoin mining company Argo Blockchain following legal woes and a dip in the price of Bitcoin.
Live to fight another day: Crucial week for Boris Johnson with new team on a mission to kill off backbenchers’ final concerns February 7, 2022 Boris Johnson is heading into a new week hoping changes to his top Downing Street team will ease the concerns of backbenchers who were wavering about his future. The Prime Minister made key changes over the weekend, appointing Chancellor of the Duchy of Lancaster Steve Barclay as his new chief of staff and journalist and [...]
Exclusive: Insight pumps £100m into ThinCats to spur SME recovery February 7, 2022 Asset Management firm Insight Investment will pump £100m into a partnership with business lender ThinCats to spur the economic recovery of small and medium sized businesses (SMEs) across the UK.
New data reveals the top 10 dealmakers of 2021 February 6, 2022 New data, shared with City A.M. has revealed the UK’s top dealmakers of 2021. The figures come on the back of a record year for mergers & acquisitions, which saw the completion of more than $5 trillion worth of deals. JP Morgan’s James Robinson ranked as the UK’s top investment banker, after topping MergerLink’s charts [...]
London markets deflate following interest rate hike February 4, 2022 London markets have contracted a day after the Bank of England pushed ahead with interest rate hikes at successive meetings for the first time since 2004.
Crypto AM Valentine’s Keynote, Panel & Networking Soirée February 3, 2022 As our social lives begin returning to normal, Crypto A.M. invites you to our first networking event of the year on Thursday 17 February. We’ll be throwing open the doors of The Lowback at Hawksmoor Wood Wharf for the Valentine’s Keynote, Networking & Soiree at 5.30pm Joining us will be a host of excellent keynote [...]
Ministry of Justice to move 2,000 jobs out of London by 2030 February 2, 2022 The Ministry of Justice (MoJ) is set to move 2,000 jobs out of London by 2030, by setting up seven new regional offices. The plan to open seven new offices in Leeds, Liverpool, Nottingham, South Tyneside, Cardiff, Ipswich and Brighton, comes as part of government plans to “level up” the country and tackle regional inequality. [...]
16 years of returns: History’s lesson for investors February 2, 2022 This graphic shows the best and worst performing assets each year since 2006, and shows the powerful benefits of diversifying your investments. The temptation among investors is to stick with what you know. That is no bad thing. It is a strategy championed by successful investment pioneers such as Warren Buffett, a famous devotee of [...]
Exclusive: Barclays warns business owners’ mental health is in decline after getting into debt February 2, 2022 Barclays is launching 600 new so-called ‘business health masterclasses’ as the bank noticed that the mental health of thousands of business owners across the UK has taken a hit since they the have taken on debt, the bank’s head of business banking told City A.M. this morning. Hannah Bernard said that her team had found [...]
Global ESG ranking of the world’s biggest banks: Which financial giants have the best credentials? February 1, 2022 Banks are increasingly vying to establish their ESG credentials in a very competitive marketplace, in the wake of last year’s COP26 climate talks and as they look to differentiate in the year ahead. For the first time, a full list of banks’ credentials has been compiled, carried out by East & Partners. The report found that BNP [...]