The road to Downing Street runs through the City of London March 25, 2024 Both parties are wooing the City – and Rachel Reeves’ Mais Lecture was no exception – because it is business that is best placed to help deliver economic growth, says Chris Hayward Last week shadow chancellor, Rachel Reeves, laid out a blueprint for the future of Britain’s economy in her Mais Lecture. This provided a [...]
Cameron: ‘Nothing can ever justify’ Moscow attacks as death toll hits 115 March 23, 2024 At least three children were among those killed in the attack on Friday night at the hall in Krasnogorsk, Moscow.
Thames Water: Rishi Sunak advisor parachuted into collapse contingency talks March 22, 2024 Rishi Sunak has reportedly tasked his business adviser with overseeing talks regarding the Thames Water crisis amid risk of collapse.
Nespresso challenges Pret and Starbucks opening cafe near Liverpool Street station March 21, 2024 Nespresso will open its first ever cafe near Liverpool Street station, joining the likes of Pret A Manger, Starbucks and Costa to help caffeinate customers on the go.
Jimmy McLoughlin’s notebook: What Rishi (might) do next March 21, 2024 Jimmy McLoughlin is the man behind Jimmy's Jobs of the Future, a podcast looking at the future of work. He writes for City A.M.'s notebook, a place where interesting people say interesting things
How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Virgin Money agrees to £2.9bn Nationwide takeover March 21, 2024 The board of Virgin Money has accepted a £2.9bn takeover offer from high street rival Nationwide to create the UK's second-largest provider of mortgages and savings.
Greggs IT glitch knocked 13 million sausage rolls-worth off its value today March 20, 2024 An IT glitch that temporarily stopped Greggs from using its card machines wiped millions of pounds off the company's value today.
FTSE 100 today: Inflation data and US Fed policy decision to set footsie’s course March 20, 2024 Asia's markets were mixed, while China’s central bank maintained steady loan prime rates. The rally of Bitcoin and Ether takes a breather. Investors focus on UK inflation data and the upcoming US Federal Reserve meeting for insights on future interest rate policies.
One year on from Credit Suisse deal, $100bn UBS finally has the scale to take on Wall Street March 19, 2024 Swiss banking giant UBS has reinforced its status as one of the world's leading wealth managers after its market capitalisation sailed past $100bn shortly before the first anniversary of its landmark deal to acquire rival Credit Suisse.