Barclays shares hit two-year high after profit beats estimates, but investment bank struggles April 25, 2024 Barclays has reported an 11 per cent drop in profit - slightly outperforming analysts' estimates - as the boost from higher interest rates fades and its investment bank struggles to compete with its Wall Street rivals.
Mark Kleinman: A remix at Hipgnosis and accountancy drama April 25, 2024 Mark Kleinman gets the City talking with his weekly column
John Neal: Why Lloyd’s of London ‘had to change’ April 25, 2024 John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces fears over its future
Nationwide wins current account switching battle with record 163,000 customers after £200 offer April 25, 2024 Nationwide stormed ahead of its rivals by setting a record for UK current account switches in the final three months of last year, according to new data, as intense competition for deposits among lenders continues into 2024.
Worst corporate jargon of the week: Mission April 25, 2024 Offender: Mission Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and calling out the worst jargon which travels around the City faster than you can drink an overpriced pint. This week: mission. What does [...]
Will it work? Labour’s plan to reconceptualise the high street April 25, 2024 In this column Sam Fowles take policies on their own terms. This week he asks whether Labour's plan to revive the high street will work.
Square Mile and Me: Workspace CEO Graham Clemett looks back at his career April 25, 2024 Graham Clemett, CEO of Workspace Group, takes us through his career in the Square Mile ahead of his upcoming retirement.
London was voted best place to work – but play matters too April 25, 2024 This time next week, London will be voting for its Mayor. It has not been a vintage campaign but perhaps the negativity apparent across the political spectrum may soon give way to some optimism about the capital’s prospects. A closely watched annual survey pegged London as, again, the best place to work. And indeed play. [...]
Kings of the Capital: Wentworth, Beaverbrook, Queenwood and London Golf Club April 24, 2024 Some of London's finest and most exclusive golf club - plus one that is open to all.
Is Ithaca Energy’s £754m buy of Eni’s North Sea oil and gas assets a good deal? April 24, 2024 Dark clouds of political uncertainty and the green transition hang over Ithaca Energy's blockbuster £756m buy.