UK business confidence jumps to highest level since Brexit referendum May 31, 2024 Hann-Ju Ho, senior economist at Lloyds, said the results "highlight a notable improvement in business confidence."
Mark Kleinman: Labour and Tories yet to win business over May 30, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column
Pound Sterling climbs to it highest level against the euro since August 2022 May 29, 2024 The pound hit its highest level against the euro since August 2022.
Is the Bank of England’s quantitative tightening causing problems for banks? May 29, 2024 In a recent speech, Andrew Bailey, the Bank's Governor, said more banks were turning to the facility as the cost of liquidity in money markets rose relative to Bank Rate.
Labour backs away from bank windfall tax in bid to win over City May 29, 2024 Reports suggest Labour is not planning to impose a windfall tax if it comes into power.
Bioscope: Cambridge biotech gold extractor firm eyes IPO May 29, 2024 Bioscope Technologies, which uses micro-organisms to draw out gold and precious metals, currently has a £12.8m turnover.
ONS suffering from staff departures amid concerns over data – reports May 29, 2024 The figures come at a time when the ONS is facing questions about the accuracy of its data, in particular its flagship Labour Force Survey.
Big banks shun demand for SME lending as larger firms prioritised May 29, 2024 Big banks are set to withdraw even further from funding small and medium-sized enterprises (SMEs) this year, data shared exclusively with City A.M. suggests, as high street lenders face criticism for prioritising larger firms.
Debt headache as just a quarter of execs have experience of higher interest rates May 28, 2024 "For many of the people tasked with tackling higher interest costs, this is a new challenge," Nick Forest, a partner at the firm said.
Wimbledon in New York? British tennis Championships return to Big Apple May 28, 2024 New York will have a Wimbledon fan zone yet again after The Hill was recommissioned for a third year. Moving to a bigger venue on the banks of the East River, 3,500 fans will be able to tune into the each day’s play at the All England Club. Sally Bolton, Chief Executive of The All [...]