BHP trims payouts as nickel glut and dam disaster wipes billions from bottom-line February 20, 2024 BHP Group has watered down its dividend after a steep fall in first-half net income and flat underlying earnings.
The Notebook: LSEG’s data business success calls LSE into focus February 20, 2024 Where the City’s movers and shakers have their say. Today, it’s City A.M.’s own editor Andy Silvester with the pen.
Transitory? UK inflation can’t be explained away by Bank of England’s easy answers February 20, 2024 Last week new figures on the UK economy suggested that something unusual is happening - inflation and unemployment are falling at the same time.
Former Post Office chair claims he was told to stall Horizon compensation February 18, 2024 Former Post Office chairman Henry Staunton claimed he was told to stall Horizon compensation to help the government “limp into the election”.
Recession confirmed for UK after GDP dropped 0.3 per cent in final quarter February 15, 2024 The UK has struggled to generate any momentum over the course of 2023 due to the dual impact of rising inflation and high interest rates.
Limiting litigation funding will prove we learned nothing from the Post Office scandal February 15, 2024 Litigation funding was crucial in helping bring justice to Post Office victims, but that system is under threat, writes Nadhim Zahawi.
There’s a solution to dire public services: make our public sector more productive February 14, 2024 If productivity can be raised, more services can be provided to the public for any given level of spending, writes Paul Ormerod
Lyft soars (briefly) after accidentally misstating forward revenues by, err, 10 times February 14, 2024 Lyft's stock surged over 15% in extended trading as the ride-sharing company projected achieving positive free cash flow for the year. However, enthusiasm waned after Lyft disclosed an error in its press release, injecting drama.
FTSE 100: London markets hit by interest rate cut worries as Tui takes flight February 13, 2024 The daily London update: Moving news from the FTSE 100 and around the world from City A.M.'s newsroom in the heart of the Square Mile.
Hogan Lovells: US-UK law firm’s revenue jumps 10 per cent and surpasses £2bn February 13, 2024 American-British law firm Hogan Lovells global revenue has jumped nearly 10 per cent over the last financial year, which sees the firm surpassing £2bn for the first time. Over 2023, the firm generated £2.15bn in revenue, which was up from the £1.97bn it posted over the previous year. In terms of its practices, its corporate [...]