Exclusive: Abrdn backs property recovery with UK to ‘lead the way’ July 29, 2024 Asset manager Abrdn has moved its view of property from an underweight position to neutral as it argued the UK is leading the way on a global recovery, City A.M. can reveal.
The Notebook: Britons still view US-UK relationship as ‘special’ – despite Trump July 29, 2024 Where the City’s movers and shakers have their say. Today, Lee Cain, former Downing Street communications director and founder of strategic advisory firm Charlesbye, takes the notebook pen to talk UK-US relations, the toxic Tory brand and a thank you to Gareth Southgate The ‘special relationship’ Newly elected Prime Minister Keir Starmer was keen to [...]
New six-floor £13.5m women’s health centre to open in Harley Street as Brits look for private NHS alternatives July 26, 2024 A private healthcare firm will open a £13.5m six-floor women’s centre on Harley Street in autumn this year in another sign that the industry is booming in the UK. The 13,000 sq ft building will offer private GP services with doctors who specialise in women’s healthcare. It is the latest expansion for HCA Healthcare UK, [...]
Let the Games begin! There’s a rush of excitement for Team GB at Paris 2024 July 25, 2024 The bookies appear to have keyed their odds off the Gracenote forecasts, with a few tweaks. The over/under odds on France golds is currently struck at 24.5; Team GB are at 16.5.
Square Mile and Me: Berry Bros CEO Emma Fox on retail, her career and wine July 25, 2024 Each week we ask a City figure to take a trip down memory lane. Today, Berry Bros CEO Emma Fox, who is also executive director at The City Pub Group and formerly held senior roles at Halfords and Walmart Canada, takes us through her sparkling career What was your first job? Potato picker over the [...]
Mark Kleinman: Is troubled Burberry heading for a chequered flag? July 25, 2024 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City A.M. column. Today, he looks at Burberry’s threads wearing thin, Hammerson’s big Bicester sale and Love Island Is troubled Burberry heading for a chequered flag? Not only a chequered recent past, but on current evidence every [...]
A King’s windfall: Turbines help Crown Estate to record payday. Here’s how much King Charles gets July 24, 2024 King Charles is in line for a bumper £45m pay rise, a 50 per cent increase on last year's packet, thanks to sky high profit at the Crown Estate.
How private equity lost its lustre July 24, 2024 Private equity isn't what it used to be, as a new report finds that private equity returns are a third lower in recent years than usual.
The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter July 24, 2024 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor, with the pen, talking airline stocks, Big Tech earnings season and her summer listening picks Turbulence at Ryanair, BA and Easyjet Airline stocks are having a turbulent time. Just on Monday, shares [...]
DeLorean DMC-12 restomod: Fast forward to the future July 23, 2024 Cocaine trafficking. Blackmail. An FBI sting operation. Terrorism. Political promises. Boardroom bust-ups. A handsome hero. A supermodel wife. Oh, and a supporting cast of cool cars. The DeLorean DMC-12 is recognisable to almost everyone because of that movie. But the true story of the DeLorean Motor Company, its charismatic founder and its catastrophic downfall, seems almost [...]