Wall Street banks JPMorgan and Goldman Sachs set for earnings boost on dealmaking rebound July 8, 2024 Wall Street lenders are set to post higher investment banking fees for the second quarter of 2024, as early signs of a rebound in dealmaking partly offset weaker growth in lending income.
Michelin nearly doubles UK profit as tyre price rises accelerate sales July 3, 2024 The UK arm of tyre giant Michelin has almost doubled its pre-tax profit as it fought off the rising cost of production by upping its prices.
Tomorrow, vote for change July 3, 2024 This election is not a choice between higher taxes and higher spending, but a chance for a break from instability and neo-liberal governance, says John McTernan Change. That’s the proposition. Labour promise a break from instability. Instead of five Prime Ministers in six years they offer just one – Keir Starmer. A man with a [...]
Labour’s plan for growth has a renewed partnership with business at its heart July 3, 2024 The shadow city minister says Labour recognises that our financial services industry, both in London and across the country, is one of Britain’s greatest assets and will be key to returning the country to growth Tomorrow the British people will go to the polls, faced with a clear choice. Five more years of low growth, [...]
How the seven Conservative Chancellors since 2010 will be remembered July 2, 2024 City A.M.’s guide to each of the seven Tory chancellors since 2010 and how their policies will be remembered by political history.
Eurozone inflation edges lower in June as food and energy prices ease July 2, 2024 The ECB cut interest rates for the first time in five years last month.
Village Bakery: Price rises too late to save Tesco and Five Guys favourite from slipping further into the red July 1, 2024 Village Bakery, which supplies baked goods to retailers including Tesco, Aldi and Five Guys, said a recent string of price rises came too late to save it from slipping further into the red, according to newly-filed accounts.
UK company interest payments skyrocket as rate hikes eat into profits July 1, 2024 UK company interest costs have skyrocketed almost 30 per cent as higher interest rates and rising debt ate into the profits of British businesses.
Build, Baby, Build: Affordable housing is too hard to sell July 1, 2024 There is a quick fix to get house houses built: Reform Section 106 to make it more viable for developers to sell affordable housing, says Jonathan Seager Housing has been one of the top issues during this general election campaign, with political parties jostling to one up each other in their pledges to tackle a [...]
General Election 2024: Can Labour really hit net zero? June 27, 2024 With the election just one week away, Labour’s pledge to “make Britain a clean energy superpower” has sparked a debate on whether or not their net zero scheme is actually achievable. Sir Keir Starmer revealed that Labour’s transition team is considering setting up an office for Net Zero, should they win the election, in order [...]