Whatever you think of him, the former Post Office boss has guts February 21, 2024 The war of words that has erupted between the ex-Post Office chair and Kemi Badenoch is a welcome example of character, writes Simon Neville.
The Notebook: LSEG’s data business success calls LSE into focus February 20, 2024 Where the City’s movers and shakers have their say. Today, it’s City A.M.’s own editor Andy Silvester with the pen.
The Notebook: The City has to unite against the risks of generative AI February 19, 2024 The UK has opted to steer clear of AI-specific rules, leaving the onus on City businesses to determine how to use GenAI responsibly.
Morgan Stanley accused of duping EU regulators to comply with post-Brexit rules February 18, 2024 Morgan Stanley has been accused of making up a fake job title for one of its employees in an attempt to trick EU regulators into believing it had moved top execs to Europe to meet post-Brexit rules.
Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes February 16, 2024 According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.
EDF swings to profit on back of high electricity prices but notes £11bn Hinkley hit February 16, 2024 French nuclear power giant EDF swung to profit in 2023, despite booking a large impairment on the struggling Hinkley Point C project.
Nigel Farage threatens Natwest with legal action unless it settles his compensation claim February 16, 2024 Nigel Farage threatens Natwest new CEO Paul Thwaite with legal action with an aim to make "sale of shares very difficult", unless the bank settles "an ongoing compensation claim with him"
Brexit friction is hurting firms – Sunak must ‘strengthen EU relations’, top business body warns February 16, 2024 Businesses have still not adapted to the impact of Brexit and the government must “strengthen relations with the EU” to alleviate the strain on firms, the UK’s top business body has warned.
Fintech Checkout racks up £100m losses after creating 300 jobs February 15, 2024 Checkout.com, one of the most valuable fintechs in Europe, haw seen its losses widen by over 400 per cent to more than £100m, it has been revealed.
Brexit left Britain more exposed to higher inflation, warns member of Bank’s MPC February 15, 2024 Greene's comments come after a busy week of data for the UK economy.