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 [...]
Interactive Brokers is ready to shake up the UK trading market July 23, 2024 “Why is it,” Gerald Perez, the UK boss of global brokerage giant Interactive Brokers, told City A.M., “that UK investors can trade anywhere around the world on our platform for less than £3, but other platforms charge £10 for investors to trade in their home market?” Although it’s currently a fairly small player in the [...]
Bullish analysts think sterling’s rally will continue despite chance of interest rate cuts July 23, 2024 Sterling has been one of the strongest performing currencies this year on the back of sticky inflation and stronger than expected growth.
How to be a Super Yimby – and help fix Britain’s housing crisis July 22, 2024 The UK desperately needs new homes, but some are determined to get in the way. Here's City A.M.'s guide to how to be a Super Yimby.
Is America’s ‘woke backlash’ a warning? July 22, 2024 With Microsoft scrapping a DEI team and Elon Musk moving to Texas, is the tide turning on the ‘woke’ agenda – and should businesses pay attention? Asks Eliot Wilson When America sneezes, Britain catches a cold. It is an idea that became popular after the Wall Street Crash of 1929, when the fall in New [...]
Harland & Wolff: Titanic builder’s week from hell July 21, 2024 Titanic shipbuilder Harland & Wolff has faced its most challenging week yet as it battles to stave off collapse.
FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty July 19, 2024 Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.
Cotton Traders defies high street downturn with new stores as owner nears $1.6bn float July 18, 2024 Cotton Traders has opened a slew of new stores as the former catalogue business continues to weather the challenging environment faced by high street retailers, according to newly-filed documents.
Frasers shares jump as firm’s profit comes in at the ‘top end’ of guidance July 18, 2024 The group, which became one of the UK's top retailers under the stewardship of Mike Ashley, said adjusted profit before tax rose 13.1 per cent to £545m.
FTSE 100 today: London markets poised to open higher as UK job creation likely slows July 18, 2024 Asian stocks fell amid rising US-China trade tensions. Investors now await UK employment data, the ECB decision and AJ Bell's earnings.