A sandwich revolution and the City of London February 26, 2025 The humble sandwich is having a revolution in London, but Carys Sharkey takes a tour of the City to see if bigger is always better In the City, queues spill out of sandwich shop doors as the rigmarole of work is punctured by bread and spread. But the sandwich is no longer a humble thing. [...]
Moneysupermarket owner rolls out buyback after profit jumps February 17, 2025 Moneysupermarket’s parent company has announced a £30m share buyback programme amid a jump in profit. Mony Group reported a two per cent increase in revenue to £439.2m for the year ended 31 December 2024, driven by the performance of the group’s insurance offering. Overall, group profit after tax rose 11 per cent to £80.2m from [...]
Post-Brexit immigration wave could cost Brits £234bn February 11, 2025 The City of London is an immigration success story, but most of those who have entered the country since we ‘took back control’ of our borders will never pay enough tax to cover the cost of the public services and welfare they consume, representing a net fiscal cost of £8,200 for every UK household, says [...]
UK economy: Stagflation concerns persist after worrying week January 24, 2025 Data out this week suggested that concerns about stagflation have not yet fallen off the agenda.
How barrow boy and banker Britain should make a deal with Trump January 24, 2025 Britain has long been a nation that combines street smarts and smart suits in its approach to trade. We should use our unique talents to take on Trump and tariffs, says Matthew Kilcoyne Forgive me for taking you just outside of the bounds of the City for a second. Not far, but just south of [...]
Surging gold price helps pawnbroker Ramsdens to record profit January 14, 2025 Ramsdens has delivered a record profit thanks to the surging gold price and demand for its pawnbroking services. The retailer, which offers financial services as well as pawnbroking, told markets this morning that revenue rose 14 per cent in the year to September 30, to £95.6m from £83.8m in 2023. Gross profit rose 13 per [...]
Transform Your Finances With These 8 Habits [2024] January 13, 2025 It’s 2024, and the financial landscape is becoming ever more volatile, leaving many wondering how to navigate the turbulence and come out unscathed. With rising inflation, unpredictable markets, and a wealth of new financial innovations, having your finances in order has never been more important. But for many people, addressing these challenges can be overwhelming, [...]
Tax hikes on the cards as Rachel Reeves tries to save her fiscal rules January 13, 2025 “Public services now need to live within their means,” Rachel Reeves told a room full of business leaders at the CBI’s annual summit in November, “because I’m really clear, I’m not coming back with more borrowing or more taxes.” The Chancellor’s comments were designed to strike a reassuring tone to the private sector and settle [...]
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
UK wages continue to surge as Bank of England set to decide on interest rates December 17, 2024 UK unemployment remained steady over the last three months as wage growth surged over the quarter to October. Unemployment was unchanged at 4.3 per cent for the second straight month during October, data from the Office for National Statistics revealed. The number of people claiming jobless benefits climbed by just 300 in November, beating the [...]