City hails ‘critically important’ reform as FCA looks to revive IPO market July 29, 2024 Leading City figures have hailed the Financial Conduct Authority's shake-up of the UK's prospectus regime and listings rules, calling the red tape-slashing proposals "critically important" if the UK is to become "match fit".
Job vacancies plunge as summer hiring slump arrives early July 29, 2024 UK jobs vacancies fell by almost 20 per cent year-on-year in June to 852,703, to their the lowest levels since March 2021.
Exclusive: Abrdn backs property recovery with UK to ‘lead the way’ July 29, 2024 Asset manager Abrdn has moved its view of property from an underweight position to neutral as it argued the UK is leading the way on a global recovery, City A.M. can reveal.
Against the Olympics: Why we should stop worshipping elite sport July 29, 2024 Expensive, disruptive and just plain annoying, it’s time to stop hero-worshipping the Olympics, writes Anna Moloney Finally this month the Euros ended and I breathed a sigh of relief that I, a loud and proud hater of sport and fun, would no longer have my quiet evenings disrupted by the cheers of sporting enthusiasts. But [...]
Sam Laidlow ditches tri-suit to claim ‘home’ win at London T100 Triathlon July 28, 2024 British-born Sam Laidlow delivered a home win of sorts in the first ever London T100 Triathlon in Docklands on Sunday. The 25-year-old from Bedfordshire took the lead on the bike and held off New Zealand’s Kyle Smith on the run to win by 25 seconds at the ExCeL Centre. Laidlow represents France, where he has [...]
John Lewis gets approval to build hundreds of homes in London July 26, 2024 Bromley council has greenlit a scheme to build more than 350 rental homes in partnership with John Lewis on a brownfield site in the area.
FCA shakes up prospectus regime in bid to revive beleaguered capital markets July 26, 2024 The Financial Conduct Authority (FCA) has laid out a shake-up of the UK’s prospectus regime today as part of a sweeping package of reforms designed to boost the country’s capital markets.
New six-floor £13.5m women’s health centre to open in Harley Street as Brits look for private NHS alternatives July 26, 2024 A private healthcare firm will open a £13.5m six-floor women’s centre on Harley Street in autumn this year in another sign that the industry is booming in the UK. The 13,000 sq ft building will offer private GP services with doctors who specialise in women’s healthcare. It is the latest expansion for HCA Healthcare UK, [...]
Drax shares soar as firm announces buyback and expects profit at ‘top end’ of estimates July 26, 2024 Power generation group Drax reported an increase in profit in the first half and forecast that its earnings for the full year would come at the "top end" of expectations.
Rightmove urges Reeves to keep stamp duty threshold for first-time buyers as it posts ‘solid but uninspiring’ results July 26, 2024 Property giant Rightmove has called on the Government to retain the stamp duty threshold for first-time buyers, as it announced a solid but “uninspiring” set of results. Revenue at Rightmove rose by seven per cent to reach £192.1m, “as both agents and new homes developers renewed contracts, upgraded their packages and invested in additional products”, [...]