Hiking capital gains tax would harm small businesses June 24, 2024 A blanket increase in CGT rates would not only affect gains on publicly quoted stocks or investments in second homes, it could also impact investors who have taken much more significant risks with their capital to back small, growing companies to achieve their potential, says Claire Madden It’s looking inevitable that Labour will win the [...]
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.
R&Q Insurance sales to go ahead despite liquidation plans June 24, 2024 Bermuda-based insurance firm R&Q has confirmed that it filed for liquidation, but that this will not affect the sale of its program management business.
Prudential launches $2bn share buyback plan and outlines progress for further returns June 24, 2024 Prudential has unviled a multi-billion-dollar share buyback programme.
Top economists say Labour will have to raise more taxes if it wins election June 24, 2024 The UK's leading economists widely agree that Labour will put up more taxes if it wins the general election on 4 July, a City A.M. poll suggests, as the party comes under pressure to explain how it will fund its plans.
Green Flag hits record profit after price hikes for breakdown customers June 21, 2024 Breakdown recovery firm Green Flag saw its revenue leap last year as additional fees for customers helped to boost its bottom line, according to newly-published results.
UK borrowing totalled £15bn last month as debt nears 100 per cent of GDP June 21, 2024 In fresh figures from the ONS, public sector net debt, excluding public sector banks, was just under 100 per cent of total GDP.
Retail sales blow past expectations in sign UK economy is on the turn June 21, 2024 UK retail sales rebounded last month, according to fresh data, after a rainy April saw a slump in high street spending.
Sainsbury’s to pay Natwest £125m to take bank division off its hands June 20, 2024 Natwest has agreed to acquire Sainsbury's core retail banking arm - with the supermarket giant paying the lender £125m to take it off its hands.
Mark Kleinman: Melrose 2.0 may shine more than Shein June 20, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.