UK services trade surplus widens on strong City exports December 22, 2021 UK net exports of services jumped over the last three months driven by City firms selling their expertise abroad in their droves, according to official figures published today. The UK’s services trade surplus climbed £4bn over the last three months, rising to £35.2bn in the third quarter, according to the Office for National Statistics (ONS). [...]
Brexit shift: UK short exposure in Europe declines by a third this year to lowest in five years while France and Italy take over December 22, 2021 The UK’s relative short exposure compared to the rest of Europe has steadily declined by a third to the end of November, its lowest level in over five years. Meanwhile, France and Italy are gaining ground, according to new data shared with City A.M. this morning. The change marks a dramatic shift in the short [...]
Bitcoin sees strong start to the week as investors shake off winter blues December 21, 2021 It’s been a strong start to the week in the cryptocurrency markets, with Bitcoin and other major cryptocurrencies all seeing gains of around five per cent today.
SMEs are being priced out of immigrant labour market, says study December 20, 2021 Small and medium sized firms are being put off taking on EU staff post-Brexit because of huge visa sponsorship costs researchers have said.
California dreamin’ of post-Brexit trade deal, with a local twist December 20, 2021 The political agenda over the last week or two has been rather full, so you could be forgiven for not having noticed that the minister for trade policy, Penny Mordaunt, has been on an epic tour of the United States, one of the longest ministerial visits in recent history. The Portsmouth North MP, who was [...]
Laura Kuenssberg to step down as BBC political editor December 20, 2021 Laura Kuenssberg will step down as the BBC’s political editor next Easter after seven years in the job, to take up a senior presenting and reporting role across the BBC.
Omicron uncertainty continues to spook cryptocurrency markets December 20, 2021 Bitcoin is down slightly today, falling almost two per cent over the past 24 hours to just above the $46k mark.
Frost could not support Plan B restrictions, he says after quitting as Brexit minister December 20, 2021 Lord Frost could not support the government’s Plan B policy, he said today, after quitting as Brexit minister over the weekend. “I left the government, as I think is well known, because I couldn’t support certain policies, most recently on Covid restrictions and ‘plan B’,” said Frost. “I don’t support coercive policies on Covid. The [...]
Ryanair stops trading on LSE over post-Brexit regulations December 20, 2021 Ryanair announced that it has stopped trading on the LSE’s main market from 8am this morning, while maintaining a primary listing on Dublin’s Euronext. With an £18.4bn value, Ryanair was one of the biggest airlines listed in London. The decision pushed down the low-cost carrier’s shares on the Irish market to €13.85, 4.25 per cent [...]
Exclusive: London rides wave of floats to snatch Europe listing crown December 20, 2021 London has ridden the crest of a wave of companies listing in the capital over the last year, reveals a fresh study shared exclusively with City A.M. today. The City muscled out its rivals on the continent to take the crown as Europe’s top listing hotspot, research by consultancy KPMG has found. The capital breezed [...]