Henry Engelhardt: How Admiral went from start-up to FTSE 100 May 28, 2024 Henry Engelhardt's journey may have begun in Chicago but the Admiral founder's story is a very Square Mile one.
The UK’s three youngest tech entrepreneurs who started billion-dollar businesses May 18, 2024 These are the UK's three richest and youngest tech entrepreneurs who have managed to turn an idea into a billion-dollar business.
Direct Line hikes prices as it tries to reassure investors it’s on track May 8, 2024 Insurer Direct Line has grown its written premium across its three main divisions as the firm looks to bolster investor confidence in its new turnaround strategy.
How to get UK space SMEs beyond the final investment frontier May 6, 2024 The UK has 2000 space SMEs but few have managed to scale. With the right incentives and regulatory environment the industry can go interstellar, says Andrew Turner Shipping in the 1700s, cars in the 1800s and aviation in the 1900s – throughout history London has been the global hub for financing era-defining technology. I believe [...]
Banks drive finance complaints up by a fifth as ‘unaffordable’ credit cards slammed May 1, 2024 Issues with banking and credit cards drove official finance complaints up nearly a fifth in the second half of last year, new figures show, as customers were hit by fraud and "unaffordable and irresponsible lending".
Explained: The UK’s Chinese electric vehicle insurance quandary April 30, 2024 Chinese electric cars are expected to flood the UK market and there is a growing nervousness among insurers that premiums could soar in response.
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 [...]
The AA: Rising insurance premiums help revenue surge but profits slashed April 24, 2024 Rising insurance premiums helped revenue at The AA surge to almost £1.3bn but a slowdown in its breakdown service saw profits slashed by more than 40 per cent.
Goldman Sachs flies top London banker to Paris in latest post-Brexit relocation April 23, 2024 Goldman Sachs has relocated one of its top European investment bankers from London to Paris as part of a shake-up in the group's regional structure following Brexit.
Could DePIN be crypto’s ESG-friendly real world use case? April 18, 2024 So far in this cycle, there have been several narratives that have emerged. These include artificial intelligence (AI), real world assets (RWAs) and decentralised physical infrastructure (DePIN) tokens. Unlike meme tokens, these tokens and projects actually relate to solving a problem.