Moving markets: Five things shaping the FTSE 100 today January 9, 2024 Asian markets surge amid weaker dollar, gold and oil prices climb, bitcoin surges, United Airlines uncovers loose bolts on multiple 737 max, eyes on U.S. inflation and JPMorgan chase/Citigroup earnings this week
French finance minister looks to ‘take advantage of Brexit’ and lure firms to Paris January 8, 2024 “We were able to take advantage of Brexit to attract the world’s biggest financial establishments to Paris,” Le Maire said today.
EV battery firm secures £776m subsidy for gigafactory in win for Europe over US January 8, 2024 Brussels has approved €902m (£776.8m) in state aid for a Swedish battery electric vehicle company to build a plant in Germany.
Mortgage options reach 16-year high as banks offer lowest rates since June January 8, 2024 The number of mortgage options for borrowers has reached its highest level in almost 16 years, according to financial information website Moneyfacts, as banks slash rates to compete for business in a smaller market.
First person: How I built a legal firm out of the team defending the ‘Tuna Bonds’ dealmakers January 8, 2024 The Credit Suisse 'Tuna Bonds' scandal combined fisheries, kickbacks and global legal battles. Rupert Butler - the City lawyer who represented the defendants - tells City A.M. how the drama unfolded
Economy expected to return to growth in November – but risk of recession remains January 8, 2024 Experts pointed to a range of factors behind the likely rebound, including the drop in temperature after an unusually mild October.
Nearly 120,000 retail jobs lost in 2023, report suggests January 8, 2024 The numbers of jobs lost in British retail dropped last year, but 120,000 people still lost their employment, figures have suggested.
CFOs are more confident – but the UK’s low productivity is a growing concern January 8, 2024 Finance chiefs at Britain's largest firms have shown increased confidence in the economy as their concern shifts away from inflation and high interest rates to geopolitical risks and the UK's low productivity.
Job hunters still set for pay hikes despite ‘looser’ job market: new data January 8, 2024 According to KPMG and REC’s UK report on jobs, the pool of labour continued to "rise sharply" in December thanks to muted hiring activity and increasing redundancies.
Trump in the White House won’t stop the green investment tide January 8, 2024 Biden's Inflation Reduction Act has unleashed a wave of green investment that even Trump won't be able to reverse, writes Ted Christie-Miller.