James Ashton: In the City with Huddersfield on my mind September 4, 2023 Today, the journalist and author and chief executive of the Quoted Companies Alliance, James Ashton, takes the City A.M. notebook pen
City quintet head for Singer just a year after arriving en masse at WH Ireland September 4, 2023 A TEAM OF City veterans have been poached by Singer Capital Markets to launch a debt capital markets business
Vistry Group: Will Bovis housebuilder show signs of a rebound amid shareholder revolt? September 3, 2023 Investors will turn their focus to Vistry Group’s half year results on Thursday to see if the housebuilder has shown signs of rebounding amid a tussle between shareholders over its chief’s hefty pay rise. At its general meeting last week, some 45 per cent of shareholders voted against plans to double the annual bonus given [...]
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Fed rate rise less likely? More jobs added but unemployment up and wages stabilise September 1, 2023 The U.S. added more jobs than expected in August, but a rise in the unemployment rate to 3.8 per cent, but the Fed may not hike rates again
Octopus buys Shell UK energy arm making it Britain’s second biggest supplier September 1, 2023 The deal will require regulator approval and Shell customers were advised to “sit tight” for now, with it hoped to be formalised in the final quarter of the year.
Manufacturing downturn ‘deepens’ as production drop among fastest on record September 1, 2023 UK manufacturing hit a steep slump this month, figures revealed, as production dropped by a rate “one of the fastest in survey history”. According to the Chartered Institute of Procurement & Supply (CIPS) the UK manufacturing purchasing managers index (PMI) recorded 43.0 in August, down from 45.3 in July. This marked its lowest level since [...]
Exclusive: Bank of London crowned fastest-growing challenger amassing £300m since getting licence August 31, 2023 The Bank of London has amassed £300m in deposits within six months of taking client money, making it comfortably the UK’s fastest growing SME-focused challenger. Chief executive Anthony Watson said that the bank has been “inundated with demand” since exiting its regulatory restrictions in February this year. Businesses in Britain have been “under-served by both [...]
6 Essential Tips On Negotiating Salaries August 31, 2023 The economy may be picking up, but that doesn’t mean employers are increasing salaries at the same rate as inflation or the ongoing cost of living crisis. In fact, global employers have set aside 4% for salary increases in 2024. Predictions show that inflation, while expected to drop slightly in 2024, will still remain higher, [...]
Klarna closes losses and touches monthly profit as cost-cutting drive bears fruit August 31, 2023 Buy-now pay-later giant Klarna has slashed its losses and touched profitability for the first time this year after rolling out a hefty cost-cutting programme and driving down the amount of customers defaulting on payments. In its half year report today, Klarna revealed it had closed its losses to SEK 2.115bn (£153m) from SEK 6.37bn last [...]