Brewdog founder James Watt on Britain’s ‘existential’ debt crisis October 11, 2024 Founder of beer chain Brewdog has warned Britain’s political system faces an “existential crisis”, and has offered a solution to get on top of it. James Watt took to LinkedIn to vent his frustration at the levels of debt being serviced in the UK economy at the moment, which makes it “impossible for us to [...]
London-listed firms say uncertainty over AIM tax relief is hurting investor confidence October 10, 2024 Over 100 major London-listed companies, including Fevertree Drinks and YouGov, have written to the Chancellor warning that the uncertainty surrounding the future of a key tax relief tied to London’s junior stock market is battering investor confidence.
Monzo set for £4.5bn valuation in employee share sale October 10, 2024 Monzo is launching a secondary share sale that is set to value the digital challenger bank at £4.5bn, City AM has learned.
Prepare to flee London’s AIM if Reeves mounts inheritance tax raid, bank warns October 10, 2024 Companies listed on London’s junior AIM market are being told to prepare to flee the exchange or announce emergency share buybacks amid fears that a punishing inheritance tax raid could trigger a sell-off, City AM has learned. In a letter seen by City AM, one investment bank has urged all of its AIM-listed clients to [...]
Mark Kleinman: Will Reeves step back from a Hallowe’en nightmare? October 10, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City AM column.
Nuclear war is not just an 80s TV dystopia, it could happen October 10, 2024 Can we sit calmly when there are 12,000 nuclear warheads in the world? Will Cooling reflects on the continued possibility of nuclear war
Gareth Southgate set to speak at Starmer’s flagship investment summit October 9, 2024 Gareth Southgate and the boss of Aviva will be among the headline speakers at the government’s global investment summit next week as Keir Starmer looks to flaunt the country in front of international financiers. In a programme outlining the schedule, sent to attendees this evening, the government said sessions would cover the new government’s “vision [...]
Thames Water creditors in talks with Ofwat for debt rescue plan October 9, 2024 A creditor group has held a meeting with water watchdog Ofwat this week, to pitch plans to keep the troubled Thames Water out of state ownership
Delays to investment minister appointment ‘totally ridiculous’, says former holder October 9, 2024 The government’s failure to appoint an investment minister nearly 100 days after taking power is “totally ridiculous”, the former holder of the office has said, as ministers scramble to finalise plans for their landmark investment summit next week. The Global Investment Summit, taking place in London on Monday, had been planned this year as a [...]
Netflix: Record profit after password sharing crackdown October 9, 2024 A crackdown on password sharing in the UK helped profit at Netflix surged to a new record in 2023, it has been revealed. The London-headquartered division has reported a pre-tax profit of £60.6m for its latest financial year, according to newly-filed accounts with Companies House. The new total comes after the streaming giant posted a [...]