Firms outside London attract the majority of private capital May 9, 2024 The majority of private equity and venture capital investment in 2023 was made outside of London, according to new data from an industry body.
Bonds & Ballots: Can a British ISA save London’s stock market? May 9, 2024 In this week's Bonds & Ballots, City A.M. asks: did Jeremy Hunt do enough for UK financial services? And will a British ISA really boost London's markets?
The Notebook: The City still has a class problem, and it needs to address it May 9, 2024 Paras Anand, CIO of Artemis Fund Managers, takes the Notebook pen to talk about class, grad schemes and Rory Stewart.
Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.
Devolution: Should London have power to raise its own taxes? May 9, 2024 Calls for the government to share some tax revenue with devolved administrations - including in London - have been backed by organisations in the capital.
Train strikes, bad weather, hotel fire and ‘significant cost increases’ hit Brighton Pier operator May 8, 2024 Inflationary pressures led to “significant cost increases” particularly in food, drinks, wages and insurance, the company said.
Direct Line hikes prices as it tries to reassure investors it’s on track May 8, 2024 Insurer Direct Line has grown its written premium across its three main divisions as the firm looks to bolster investor confidence in its new turnaround strategy.
Why an Aegon sustainable manager is buying bonds in polluting companies May 7, 2024 Rory Sandilands, manager of the Aegon Global Climate Transition fund, is pushing to make companies emit less by buying their bonds.
Rachel Reeves: Nigel Lawson was ‘right’ on not abolishing National Insurance May 7, 2024 Labour’s shadow Chancellor, Rachel Reeves, speaking in the City of London today, set out her party’s attack lines on the Tories’ economic record following the local and mayoral elections last week.
777 Partners takeover of Everton in further doubt after firm hit with legal action May 6, 2024 A prospective takeover of Everton has been plunged into further doubt by legal action from the former owners of Standard Liege. The American private equity firm could lose all of its assets in Belgium as a result. Former owner Bruno Venanzi and the shareholders of Standard’s stadium allege that they have not received the second [...]