Shell vs. BP, which will have the better 2024? December 25, 2023 Both oil majors are facing crucial periods of scrutiny as spotlights return to net zero targets
Royal Mail boss could face MPs over ‘deeply disturbing’ parcel priority claims December 22, 2023 The Royal Mail chief could face a summons before MPs following allegations that the service is prioritising parcel deliveries over letters.
Retail sales growth exceeds expectations on back of Black Friday December 22, 2023 Retail sales grew stronger than expected last month as shoppers snapped up Black Friday bargains and bought Christmas presents, according to official figures. The Office for National Statistics (ONS) revealed that retail sales volumes increased by 1.3 per cent in November. It was ahead of the predictions of economists, who had forecast 0.4 per cent [...]
Top books of 2023: City A.M. crowns our favourite reads of the year December 21, 2023 City A.M.'s staff choose our favourite books of the year and it's an eclectic mix of the best in prize-winning contemporary fiction to investigative deep dives.
UK retailers report weak December sales, downbeat about January December 21, 2023 British retailers reported a downturn in already weak sales this month as consumers feel the squeeze from high borrowing costs and inflation, and they are gloomier about the start of 2024, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance, a gauge of sales over the year to December, [...]
Private equity firms line up London lawyers ahead of deals frenzy December 21, 2023 Private equity firms are predicting a busy first two months of deals next year - they're hiring lawyers and advisers now to get ahead of the game.
Mark Kleinman: Well of sympathy runs dry for Thames December 21, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column. This week he tackles Thames Water's loan, CoStar Group's and listing reforms.
Susan Hall makes vague pledge to cut City Hall waste, as she slams Sadiq Khan’s 2019 ‘bicycle ballet’ December 20, 2023 Conservative mayoral candidate Susan Hall has vowed she would cut City Hall waste as she criticised Sadiq Khan over spending on “bicycle ballet” from 2019.
It’s Quiz-mas! How will you score in Deloitte’s big economics quiz of the year? December 20, 2023 The answers and a brief explanation of the factors at work are at the end of this note. Obviously, our readers won't be cheating....
Revolut reportedly set for £1.5bn in revenue on higher European interest rates December 20, 2023 Revolut is set to see revenue of more than £1.5bn in 2023, according to an investor presentation seen by Bloomberg, as the pan-European fintech receives a boost from higher interest rates.