Exclusive: Two-thirds of voters have no confidence in Rachel Reeves February 4, 2025 A majority of Brits now have little confidence in Rachel Reeves’ plan to generate economic growth despite a renewed push from the Chancellor to kickstart Britain’s ailing economy, exclusive polling for City AM has found. More than 70 per cent of voters have said they are not confident in the Chancellor’s fiscal plans and around [...]
EY to relocate 1,200 employees to new city office February 3, 2025 Professional services giant EY has revealed plans to relocate 1,200 employees in Birmingham to a new office. The move, scheduled for 2026, will see staff switch from One Colmore Square to Three Chamberlain Square, which is part of the Paradise Birmingham development. EY has been based at its office at One Colmore Square for the [...]
Bank of England to cut interest rates as growth fears build February 3, 2025 Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the economy.
UK economy will ‘struggle’ to grow more than one per cent in 2025 February 3, 2025 The Big Four firm slashed its 2025 growth projections to 1.0 per cent, down from the 1.5 per cent forecast back in October.
KPMG UK increases partner pay after profit jumps January 29, 2025 KPMG UK recorded a double-digit growth in profit before tax over 2024, a better performance than 2023, however, its revenue only increased by one per cent
Chancellor’s growth plans will create a ‘dynamic economy’ – if they materialise January 29, 2025 The Chancellor's plans to kickstart economic growth will help to create a more "dynamic economy", experts said - if they become a reality.
UK listed firms issued third-most profit warnings ever last year January 27, 2025 One in five UK-listed companies issued a profit warning in 2024, according to EY, revealing the scale of the challenges facing the business community.
Further tax rises ‘a good bet’ after Chancellor’s borrowing blow January 22, 2025 Borrowing in the month of December was at its third highest level since monthly records began back in 1997, excluding only the pandemic and 2009.
What does the world really think about freedom? January 22, 2025 On a round-the-world trip, Rainer Zitelmann conducted the most extensive ever survey of global attitudes to capitalism and the market economy. Over the coming weeks he’ll be sharing his insights with City AM Many people dream of travelling the world. Well, from April 2022 to December 2023, I went on a round-the-world trip that took [...]
Pressure on Reeves after more sluggish growth – but it’s not all doom and gloom January 16, 2025 Rachel Reeves’ handling of the UK economy is likely to come under further scrutiny after the publication of another set of lacklustre GDP figures. The UK was the fastest growing economy in the G7 in the first half of last year. It is now on track to be stagnant in the second half, having grown [...]