|  Updated: 

Morning in the City: Live updates on Ofgem price cap, AJ Bell, Young’s, Tate & Lyle and Starling chief quitting

By:

A woman looks out at the London skyline from an upper floor of a newly constructed skyscraper, The Leadenhall Building, as the sun sets on September 9, 2014 in London, England. The skyscraper, located in the City of London, has been dubbed the ‘Cheesegrater’ for its distinctive shape. The building stands at 224 meters high and was designed by ‘Rogers Stirk Harbour + Partners’. (Photo by Oli Scarff/Getty Images)

Welcome to City AM’s live blog on Thursday 25 May! Today we have results from AJ Bell, Young’s, Tate & Lyle and much more.

Ofgem’s decision to lower the energy price cap is also big news this morning, with campaigners saying it will be little relief to consumers.

What you need to know this morning:

  • Anne Boden has QUIT as CEO of Starling Bank
  • AJ Bell’s profits have rocketed 61 per cent
  • Tate & Lyle pre-tax profits up 13 per cent
  • Young’s continues to weather economic storm
  • Ofgem to lower price cap to just over £2,000

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
By signing up to our newsletters you agree to the Terms and Conditions and Privacy Policy.