How the seven Conservative Chancellors since 2010 will be remembered July 2, 2024 City A.M.’s guide to each of the seven Tory chancellors since 2010 and how their policies will be remembered by political history.
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
Double-digit boost for City law firm Osborne Clarke as it beats revenue target July 2, 2024 City-headquartered law firm Osborne Clarke international revenue jumped to €525m (£445m), beating its €500m target
Shop price inflation drops to lowest level since October 2021 as retailers slash prices on TVs July 2, 2024 Retailers slashing prices on TVs to capitalise on the Euros helped push shop price inflation to its lowest level since October 2021.
What makes King’s Cross London’s best train station? Competition July 2, 2024 Passengers on the East Coast mainline enjoy fierce fare competition and a choice of routes, so why isn’t this successful model replicated elsewhere on the network? Asks Tony Lodge What makes King’s Cross unique among London’s train stations? Why do passengers who use the station rate most of its train services the very best in [...]
Election 2024: Business leaders prefer Starmer and Rayner’s cabinet over Tories’, poll finds July 1, 2024 Business leaders prefer Labour figures, particularly Starmer and Rayner, over their Tory counterparts, new polling has found. Business heads are twice as likely to pick Angela Rayner (34 per cent) than Oliver Dowden (17 per cent) as their deputy prime minister, according to Savanta Business Tracker polling. The research, which surveyed 1,000 business decision makers, [...]
Why did Blackrock just spend billions on a data company? July 1, 2024 Blackrock revealed this morning it would be spending £2.6bn in cash on Preqin, a private markets analytics and research provider. Why?
Growth in UK manufacturing sector slows but continues to ‘recover solidly’ July 1, 2024 This helped to offset continued weakness from overseas markets, with inflows of new work from abroad falling for the 29th month in a row.
UK company interest payments skyrocket as rate hikes eat into profits July 1, 2024 UK company interest costs have skyrocketed almost 30 per cent as higher interest rates and rising debt ate into the profits of British businesses.
Aircraft orders fall over 75 per cent in May as Boeing and Airbus woes continue July 1, 2024 According to the latest data from the ADS Group, 31 aircraft orders were placed over the month, which is 79 per cent fewer year-on-year.