Mortgage options reach 16-year high as banks offer lowest rates since June January 8, 2024 The number of mortgage options for borrowers has reached its highest level in almost 16 years, according to financial information website Moneyfacts, as banks slash rates to compete for business in a smaller market.
First person: How I built a legal firm out of the team defending the ‘Tuna Bonds’ dealmakers January 8, 2024 The Credit Suisse 'Tuna Bonds' scandal combined fisheries, kickbacks and global legal battles. Rupert Butler - the City lawyer who represented the defendants - tells City A.M. how the drama unfolded
Economy expected to return to growth in November – but risk of recession remains January 8, 2024 Experts pointed to a range of factors behind the likely rebound, including the drop in temperature after an unusually mild October.
Job hunters still set for pay hikes despite ‘looser’ job market: new data January 8, 2024 According to KPMG and REC’s UK report on jobs, the pool of labour continued to "rise sharply" in December thanks to muted hiring activity and increasing redundancies.
Nearly 120,000 retail jobs lost in 2023, report suggests January 8, 2024 The numbers of jobs lost in British retail dropped last year, but 120,000 people still lost their employment, figures have suggested.
CFOs are more confident – but the UK’s low productivity is a growing concern January 8, 2024 Finance chiefs at Britain's largest firms have shown increased confidence in the economy as their concern shifts away from inflation and high interest rates to geopolitical risks and the UK's low productivity.
Trump in the White House won’t stop the green investment tide January 8, 2024 Biden's Inflation Reduction Act has unleashed a wave of green investment that even Trump won't be able to reverse, writes Ted Christie-Miller.
I’ve lived in many places – but nowhere compares to the City of London January 8, 2024 It may be January, but Michael Mainelli says it's time for optimism in the City, which already contains an abundance of resources for success.
Moving markets today: What’s shaping the FTSE 100 this morning January 8, 2024 Moving Markets Today: Asia Stocks Trade in Tight Ranges, U.S. Congress Leaders Finalize $1.66 Trillion Budget; Alaska Airlines Cancels 170 Flights, Corporate Earnings Season Begins Investors in Asian stock markets were cautious as they await inflation data from both the U.S. and China, as well as company earnings. U.S. Congress leaders have agreed on a [...]
Bank of England must start thinking about cutting rates, says former chief economist January 7, 2024 While Haldane suggested it "might be premature" to start cutting interest rates immediately, he cautioned against any further rate increases.