CMC Markets: Firm founded by Lord Cruddas sees shares tank January 23, 2025 CMC Markets’ share price has nosedived more than 12 per cent after issuing a brief trading update to markets. In a stock exchange announcement this morning, the firm said it remained “on track” to deliver annual net operating income in line with previous guidance. “Management also remains confident in meeting its cost guidance of approximately [...]
The Capitalist: Davos, Prince Harry and the City’s unstoppable salad cult January 23, 2025 Dispatches from Davos, Prince Harry's settlement and the salad's unstoppable conquest on the City: catch up on the latest City gossip.
The Debate: Is Tiktok rotting our brains? January 23, 2025 Forget about the Chinese espionage, is Tiktok rotting our brains? Our writers hash it out in this week's Debate.
The government is on a charm offensive in Davos, but businesses are sceptical January 23, 2025 UK business confidence is set to decline compared to 2024, with more than half of all UK executives expecting business risks to increase in the year ahead, says Heather Blundell Chancellor Rachel Reeves has attended the World Economic Forum’s annual meeting in Davos this week with a clear mission – to convince global CEOs and [...]
Mark Kleinman: Kicking the Abbey habit may be harder than it looks for Botin January 23, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he looks at Santander shifts, a tale of two cities in banking and a canary in the Poundland coalmine Kicking the Abbey habit may be harder than it looks for Botin Is this the [...]
Spending cuts risk ‘doom loop’, ex-Bank of England economist warns January 22, 2025 Andy Haldane warned cutting government spending would be harmful for the UK’s longer term fiscal position, because it would weigh on growth. The Chancellor will receive fresh economic forecasts from the Office for Budget Responsibility (OBR) in March which will take into account sluggish growth since the Budget and higher government borrowing costs. These forecasts [...]
Further tax rises ‘a good bet’ after Chancellor’s borrowing blow January 22, 2025 Borrowing in the month of December was at its third highest level since monthly records began back in 1997, excluding only the pandemic and 2009.
Top 5 sustainability trends for 2025 January 22, 2025 By Mark McLardie, Head of ESG, Westcon-Comstor As 2024 slides into the rear-view mirror, policymakers and business leaders are left to reflect on a mixed and challenging year in the fight to protect the planet from the effects of climate change. New data confirms last year was the hottest on record, with Earth warming by more [...]
President Trump threatens to double tax rates for foreign firms January 22, 2025 Donald Trump has threatened to double tax rates for foreign nationals and companies in the US in what he said was a bid to hit back at “discriminatory” duties on American firms. The President set out a memo on his ‘America first’ trade policy on Monday which referred to an almost 100-year old element of [...]
Is Hamilton and Ferrari the biggest deal in sport, not just Formula 1? January 22, 2025 Lewis Hamilton tests his Ferrari today for the first time. Is this partnership one of the most iconic in sport? We take a look. Usually the thought of Formula 1 drivers testing their cars ahead of a new season wouldn’t even approach the realms of interesting. But at Fiorano Circuit near Maranello in northern Italy [...]