Mark Kleinman: Post Office needs new leaders to deliver real change January 25, 2024 Mark Kleinman is Sky News' City Editor and writes a weekly column for City A.M. This week, he tackles the Post Office, succession at Lloyd's and the six-days-a-week Royal Mail obligation
Auto finance industry could face £16bn in compensation payouts from FCA probe January 25, 2024 UK auto lenders could be hit by up to £16bn in compensation payments after the City watchdog confirmed its probe in historic commission arrangements would look at cases going back to 2007.
Investing in the weather? Why catastrophe bonds are taking off in the City January 25, 2024 Catastrophe bonds may sound risky, but betting on the weather can prove a sound investment, writes Claude Brown.
Amazon is shutting down its UK insurance store after just a year January 24, 2024 Amazon started rolling out to select customers in October 2022 and available to all UK customers at the end of 2022.
Mark Kleinman: Post Office needs new leaders to deliver January 24, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Aviva, L&G and top Tory MP piles pressure on Chancellor to open up share schemes January 24, 2024 Sir Graham Brady and some of Britain’s biggest firms, including Aviva and BAE Systems, are piling pressure on the chancellor to overhaul so-called share incentive plans and unlock a “new wave of employee share ownership”, City A.M. can reveal.
UK has insured £102bn worth of Russian oil despite sanctions January 24, 2024 A former Cabinet minister has called on the insurance industry to think on its obligations after it was revealed that UK firms have insured over €120bn worth of Russian oil.
The Co-op lowers prices as it eyes ‘golden era’ January 24, 2024 The Co-op has revealed plans to grow its membership to eight million by the end of the decade as it eyes a "golden era of co-operation".
Shareholder revolt at All Bar One owner Mitchells & Butlers as one in three vote against chairman January 23, 2024 Almost one in three shareholders in All Bar One owner Mitchells & Butlers voted against the reappointment of its chairman at the group's annual general meeting.
Falling inflation helps government borrow much less than expected in boost for tax cut hopes January 23, 2024 The latest round of figures come as the government lines up its latest round of tax cuts, which are likely to be announced in the Spring Budget.