Square Mile and Me: Admiral CFO Geraint Jones on heading up the FTSE 100’s only Welsh company March 28, 2024 Geraint Jones, chief financial officer at Admiral Group, takes a trip down memory lane to tell us about his career, from exercise tech to insurance.
Bank of England to cut interest rates to three per cent in 2025 after inflation drops March 25, 2024 Interest rates could fall to as low as three per cent in 2025 as the Bank of England slashes the cost of borrowing in response to lower inflation.
UK venture capital investment slumps to lowest levels since Brexit vote despite DAZN and Castore deals March 25, 2024 The amount of venture capitalist investment in the UK slumped by 45 per cent in 2023, according to new data.
City firms face increasing regulatory burden from post-Brexit overhauls March 20, 2024 City firms are facing increased regulatory pressure, according to new data shared exclusively with City A.M., as the UK and EU diverge on financial services rules.
Pet retailer Jollyes’ former owner Kester Capital sees robust demand for new fund March 19, 2024 Kester Capital's latest fund has closed £50m ahead of target at £200m as the low mid-market private equity firm attracts new blue-chip institutional investors.
Some big changes to the tax system no one is telling you about… March 19, 2024 The Budget did little to move the polls, but it included some fundamental philosophical changes to the way we pay tax. Expect unintended consequences, says Tim Sarson Budgets are fleeting spectacles. Like a passing squall they arrive with a few gusts of media speculation, dominate the news for a week at most, then blow themselves [...]
KPMG UK re-elects chief ahead of ‘some big changes’ March 18, 2024 The UK arm of Big Four firm has re-elected Jon Holt to serve a second term as the firm’s chief executive.
City bosses expect strong second quarter while cutting costs amid economic pressure March 18, 2024 Financial services bosses are confident on their second-quarter results, according to a survey of more than 150 senior executives, despite the squeeze from inflationary pressures and higher borrowing costs forcing them to cut costs.
UK economy takes first steps out of recession as growth returns in January March 13, 2024 The figures will raise hopes that the UK is already moving out of the shallow recession it fell into in the second half of last year.
Half of UK workers would turn down pay rise to keep working from home March 12, 2024 Just over half of UK workers would forgo a pay rise in order to not work from the office full time, according to a new survey.