FTSE 100 today: London markets set for muted open ahead of US PCE inflation June 25, 2024 Asian markets quieted post-Wall Street tech sell-off, with Nvidia falling 6.68 per cent. All eyes are on US house price data and Fedspeak.
Motorola sues UK government over £14m worth of unpaid bills June 24, 2024 Telecoms giant Motorola has filed a lawsuit against the UK government over claims it has failed to pay £14.5m worth of bills linked to a contract to modernise communications for the country’s emergency services.
Nine in 10 financial firms expect to perform well over next year despite economic challenges June 24, 2024 Almost nine in 10 financial services firms are confident they will perform well over the coming year, data shared exclusively with City A.M. suggests, although economic pressures remain a leading concern ahead of the general election on 4 July.
UK Election: Criminal justice system at the point of no return. Where is the outrage? June 24, 2024 The British criminal justice system is nearing collapse, plagued by backlogs, overcrowded prisons, budget cuts, and barrister strikes
Fishy business: Salmon farmers accused of inflating prices in new £382m class action June 24, 2024 Six of the world’s top salmon producers have been hit legal action in the UK over alleged collusion and unlawful price-fixing of its Atlantic farmed product
Yen on brink of breaching ‘psychological barrier’ as Bank of Japan poised to intervene June 24, 2024 The Japanese yen is at risk of passing the psychological barrier of 160 per dollar as markets prepare for the country's central bank to intervene in an effect to prop up the currency, as it has in the past.
FTSE 100 today: London markets set to extend Friday’s losses, echoing weak global lead June 24, 2024 Asian stocks dip on China-EU trade worries; gold rises on lower Treasury yields. Focus is on US PCE inflation and the US presidential debate.
Labour could face £7bn bill to keep public sector unions onside: leading think tank June 23, 2024 Labour would need to find roughly £7bn to fund pay deals due immediately after the general election, a think tank has warned, as unions demand public sector pay return to its pre-austerity value.
Week ahead: US inflation data could bolster case for Fed rate cut in September June 23, 2024 The US Federal Reserve's preferred measure of inflation is expected to show its coolest monthly reading since late 2023, offering hope that policymakers could start lowering interest rates in September.
All rise (up)! Politicians have been silent on the criminal justice crisis – that must change June 23, 2024 The criminal justice system is at breaking point. But as the general election draws near, there has been near silence from our politicians on this crisis. Maria Ward-Brennan argues this has to change