Are Londoners losing their jobs thanks to Rachel Reeves’ tax hikes? February 21, 2025 City AM’s opinion and features editor, Alys Denby, discusses the ongoing negative impact of Rachel Reeves’ jobs tax and whether rumours of the death of DEI have been exaggerated – plus more.
London St Pancras owner inks new partnership as it eyes services to Italy and Germany February 21, 2025 The company in charge of St Pancras International is luring in competition for Eurostar by nearly tripling passenger capacity and launching a range of new European routes. A tie-up between London St Pancras High Speed and Eurotunnel will “lay the foundations for increased cross-Channel rail traffic” alongside faster journey times, the companies said in a [...]
Standard Chartered shares jump after boosting annual profit February 21, 2025 Standard Chartered shares jumped over four per cent Friday morning after the lender posted its full-year results. It announced an overhaul on executive pay, as the multinational bank missed analysts’ profit estimates for the final quarter. Pre-tax profit fell 30 per cent to $800m (£631m) for the fourth quarter. Analysts had estimated the FTSE 100 [...]
Rachel Reeves urges financial services to back emerging markets February 20, 2025 Rachel Reeves has met with top financial services firms to urge them to work with development institutions and within “emerging markets”. The Chancellor met with firms including Aviva, HSBC and Schroders in Canary Wharf today, as she called on industry leaders to seize on growth opportunities and shore up London as a leader in development [...]
Nigel Farage ‘hands ownership of Reform UK to members’, says party February 20, 2025 Nigel Farage has “handed over ownership of Reform UK to its members”, the party has said. The Clacton MP previously said that he was “relinquishing” control of the company as he pledged to “change the structure” and give members ownership of the organisation. It comes as Farage responded to US President Donald Trump’s remarks on [...]
Much Ado About Nothing: Tom Hiddleston stars in glitterbomb show February 20, 2025 Much Ado About Nothing | Theatre Royal Drury Lane | ★★★★★ Jamie Lloyd’s production of Much Ado About Nothing is a blockbuster of such proportions the entire street outside the Theatre Royal Drury Lane was closed so fans could gather en masse to catch a glimpse of Tom Hiddleston and Hayley Atwell. The festival vibe [...]
Standard Chartered shares hit ten-year high ahead of results February 20, 2025 Shares in Standard Chartered climbed to a ten-year high as the bank geared up to post its annual results on Friday. City analysts have pencilled in a full-year profit before tax of $6.2bn (£4.9bn), with the bank expected to pocket $983m (£780m) in the fourth quarter, down on the $1.1bn (£872m) posted in the fourth [...]
London Stock Exchange Group upgraded ahead of results February 20, 2025 Analysts have upgraded London Stock Exchange Group as investors prepare for the bourse’s full-year results next week, with hopes that a further share buyback programme will be announced. In a research note today, RBC Capital Markets analysts upgraded the London Stock Exchange Group’s target price from 11,600p to 12,500p. The stock is currently sitting at [...]
Eat, drink, sleep, repeat: Martin Williams’ own Michelin guide February 20, 2025 There are birthday parties, and then there are A list celebrity parties, complete with The Box style live entertainment and lashings of champagne. Music producer and celebrity booker Azim Majid has been a friend since 2015 when we first hosted his birthday at M in Threadneedle Street and have continued to do so most years [...]
How Virgin Media 02 keeps your data running 24/7 February 20, 2025 City AM was invited inside one of Virgin Media 02 (VM02)'s largest data centres in the UK, located in Slough.