Russian invasion of Ukraine would ‘echo around the world’, warns Johnson February 19, 2022 Prime Minister Boris Johnson has warned that the shock of a Russian invasion of Ukraine would “echo around the world” as he told world leaders today that the crisis in Ukraine represented a "moment of extreme danger for the world".
Private equity firms outgun banks on pay after fees soar February 16, 2022 Top US private equity firms are now outgunning big investment banks on pay as the they set aside more than twice as much to dish out to employees last year.
Exclusive: What the departure of Lloyd’s of London would mean for the City February 14, 2022 Lloyd’s of London may be leaving its gigantic headquarters in the City. A pandemic-induced hit to office footfall has left it mulling a move to another location. The company told City A.M. recently it is weighing up leaving iconic headquarters’ as it seeks out ways to adapt to shifts in working habits brought about by [...]
The unofficial economy of gossip has always been a powerful lure of the City February 8, 2022 The City has weathered an almighty storm over the last two years. And yet, there is still a strong appetite for people to come back to their offices even in the midst of so much uncertainty. The pros and cons of home working, hybrid and the office have been discussed at length. It has become [...]
London markets climb as airlines take off February 7, 2022 London markets posted a strong start to the week yesterday, led higher by airlines taking off. The capital’s premier FTSE 100 index closed 0.76 per cent higher at 7,573.47 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, added 0.39 per cent to reach 21,797.29 points. [...]
London markets register sobering day as Bank of England rate hike spooks investors February 3, 2022 London markets dropped sharply yesterday after investors were spooked by the Bank of England hiking interest rates at successive meetings for the first time since 2004. The capital’s premier FTSE 100 index closed 0.71 per cent lower at 7,528.84 points, while the domestically-focused FTSE 250, which is more aligned with the health of the UK [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 2, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. finnCap Group finnCap Group has posted an HR veteran to its board, who has joined as a non-executive director. Annette Andrews brings some three decades worth of experience to the role, from across Lloyd’s of London, which [...]
Former Which? boss in line for top FCA job February 1, 2022 The former boss of consumer group Which? is in line to take over as interim chairman of the Financial Conduct Authority in a sign that a permanent appointment is still some way off.
British stocks primed to reverse years of underperformance January 31, 2022 UK stocks are primed to turnaround years of underperformance and embark on a “winning streak,” according to analysis by a top City consultancy. London markets are ready to capitalise on the world’s top central banks launching a rate hike spree this year to get on top of inflation, according to Pantheon Macroeconomics. The FTSE 100 [...]
London markets snap back from bruising day January 25, 2022 London markets snapped back from a dismal start to the week as investors were buoyed by Monday’s Wall Street rally. The capital’s premier FTSE 100 index added 1.02 per cent to reach 7,371.46 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, climbed 0.9 per cent [...]