M&S chair Archie Norman blames pension funds for London stock market’s troubles June 9, 2024 City veteran Archie Norman has hit out at pension funds for not investing enough in UK companies, partially blaming them for the decline of London's stock market.
Inside UK banks’ arms race against fintech start-ups June 8, 2024 The UK’s major banks are muscling into new areas of the fintech space as they look to keep up with a wave of young challengers and grab a slice of the lucrative market.
UK households in line for extra £800 annual bill due to planned tax rises June 8, 2024 The biggest single tax rise is the continuation of the frozen thresholds on income tax and National Insurance.
Anne Stevenson-Yang on China, audit reform and why she’s unsure about Yorkshire June 8, 2024 City A.M. sits down with the co-founder of activist short-selling firm J Capital Research to discuss China, its companies and whether they require closer inspection
Renting in London might finally be about to get a bit easier June 7, 2024 The rate at which rental costs in London are rising slowed in April, but tenants are still handing over an average of £2,112 to landlords each month.
London Stock Exchange boss wants market screen in Paternoster Square to create ‘razzamatazz’ – but it’s complicated June 6, 2024 The boss of the London Stock Exchange said a screen will help create buzz around the market.
The City remembers D-Day June 6, 2024 As we fly the Union Flag over Guildhall today, let us remember the D-Day veterans and strive to follow their example, says Chris Hayward On 6 June 1944, the Allies launched the long-anticipated invasion of Normandy. Paratroopers began landing after midnight, followed by a massive naval and aerial bombardment. By nightfall, about 160,000 Allied troops [...]
Selection campaign: How do parties choose their candidates? June 6, 2024 Westminster insider or local champion? Choosing who gets on the ballot paper is harder than you’d think, says John Oxley There’s a little over 24 hours left until the first stage of the election is done. Nominations close tomorrow afternoon, at which point we’ll know the full slate of candidates vying to be MPs. For [...]
Workspace CEO: Wework recovery poses no threat to business as firm hikes dividend June 5, 2024 The chief executive of one of London’s biggest flexible hybrid providers, Workspace, said rival Wework has done a “lot of good things” for the sector as the chain emerges from Chapter 11 bankruptcy.
Burger King father-son team acquires London favourite Crosstown Doughnuts June 5, 2024 A father-son team who once led the largest Burger King franchise in the UK have acquired Crosstown Doughnuts after the brand launched a search for new investment earlier this year.