What is the solution for small businesses’ biggest worry? November 2, 2023 The chief operating officer of Simply Asset Finance, said there's plenty of conversation on how small businesses can restructure their business.
FTSE 100 close: London rallies after Bank of England holds interest rates November 2, 2023 The blue-chip FTSE 100 rose 1 per cent to 7,418.89 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, rose 1.6 per cent to 17,465.50.
Can Sainsbury’s flat earnings squash profiteering claims? November 2, 2023 Sainsbury's has been ramping up its loyalty Nectar card scheme so that shoppers can get discounts on their groceries during a period of high inflation.
Moving markets today: Fed holds, Tokyo stimulus, and all eyes on Apple November 2, 2023 What’s moving markets today? Wall Street closed higher on Wednesday, led by a 1.6% gain in Nasdaq. This followed the decision by the U.S. Federal Reserve to keep interest rates unchanged at 5.25%-5.50%. The Bank of England is also set to keep its interest rates on hold at a 15-year high of 5.25% on Thursday. [...]
Without the City, this country wouldn’t work November 2, 2023 Every day half a million people pile into the Square Mile, and many more beyond it, to ensure the wheels of UK finance keep spinning around.
Federal Reserve leaves interest rates on hold again as attention turns to Bank of England November 1, 2023 The Fed has kept interest rates on hold for the second time in a row as the central bank's battle against inflation enters a new phase.
Can ChatGPT replace a financial adviser? November 1, 2023 A majority of investors would be comfortable with taking investment advice from bot so CityAM decided to quiz ChatGPT on what moves we should be making.
US labour market resilient as another ‘hawkish’ Fed rate pause looks nailed on November 1, 2023 The US labour market remains resilient despite the US Federal Reserve’s aggressive bout of monetary tightening, new figures out today suggest. According to the Bureau of Labor Statistics’ JOLTS survey, there were 9.6m job openings on the last day in September – little changed from the month before and ahead of the market consensus of [...]
Gender pay gap barely budges in past year while wage growth reaches record annual levels November 1, 2023 The gender pay gap for full-time workers has barely changed over the past year, new figures suggest.
Airline shares have started to slide – is this the end of the great rebound? November 1, 2023 Airline shares have flown high this year after record demand for travel swept across the sector over summer. But cracks are starting to show.