JP Morgan nudges up UK growth forecasts after latest GDP figures August 20, 2024 JP Morgan bumped up their growth forecasts for the UK economy in the third quarter of this year following last week’s GDP figures. The investment bank now expects the economy to grow 0.4 per cent between July and September, up from a previous estimate of 0.3 per cent. This equates to an annualised growth rate [...]
HSBC mulls sale of South African businesses in pivot to Asia August 20, 2024 HSBC is reportedly considering selling its South African businesses as part of its pivot towards Asian markets.
Rick Stein-owned group to open new restaurant in central London after return to profit August 20, 2024 The Stein Group, founded and co-owned by Rick Stein, has announced plans to expand to central London after making its way back into profit last year. Stein’s has reportedly begun the search for a central London site for its thirteenth restaurant. It currently operates twelve eateries across the south of the country, with one already [...]
Compulsory liquidations hit highest level in almost six years August 20, 2024 New figures from the Insolvency Services showed that there were 320 compulsory liquidations in July, the highest number since before the pandemic.
Samsung UK: TVs boost profit despite smartphones losing ground August 20, 2024 The rise in popularly in premium TVs helped Samsung’s UK profit surge during its latest financial year despite the electronics giant losing ground in the smartphones market. The UK arm of Samsung has reported a pre-tax profit of £135.3m for 2023, up from £126.8m, thanks to it boosting its market share in high-end televisions. The [...]
UK on track for record number of new company creations in 2024 August 20, 2024 The UK is on track for a record year of new company creations in 2024, new data has suggested, in a positive sign for the country's economic prospects.
The Notebook: So, when does Labour actually become pro-business? August 20, 2024 The honeymoon is over, Labour needs to start walking the walk when it comes to being pro-business, writes Michael Martins.
Criminals are harnessing the latest tech. So the police must too August 19, 2024 Criminals and fraudsters are only becoming more tech-savvy; if we want to stop them, so must we, writes Lord Mayor Michael Mainelli.
Hays set to reveal profit slump amid tough recruitment market August 18, 2024 Hays is set to be the latest recruiter to reveal lower profits in the face of a challenging hiring market next week. The FTSE 250 commercial recruitment firm has already warned it was set for a “subdued summer” amid cost-cutting across the business to bolster its finances for the longer-term. Investors will be hoping that [...]
Dragons Awards 2024 – Judges page August 16, 2024 Table of Contents As we prepare for the City AM Dragon Awards ceremony on Monday 18th November, we are excited to introduce our panel of judges who will bring their experience and insights to the process of identifying and recognising excellence in Environmental, Social, and Governance (ESG) initiatives. As with all City AM awards, we [...]