Exclusive: Abrdn backs property recovery with UK to ‘lead the way’ July 29, 2024 Asset manager Abrdn has moved its view of property from an underweight position to neutral as it argued the UK is leading the way on a global recovery, City A.M. can reveal.
Olympics is a chance to win business as well as medals July 29, 2024 If we can pick up friendships as well as prizes at the Paris Olympics, and help deliver successful and sustainable sporting events worldwide, we will feel the benefits here in the City, says Chris Hayward The greatest show on Earth – the Olympic and Paralympic Games – have begun. Over the next couple of weeks, the world’s best athletes will compete in Paris hoping to win medals, break records, [...]
Are we about to witness the death of the bonus? July 29, 2024 In a cost of living crisis, Gen Z employees need a financial boost all-year round, not just a discretionary bonus in December, says Nebel Crowhurst From a “Brucie Bonus” to a “Bonus Round” an unexpected cash reward is always gladly received. A bonus at work, however, isn’t always as welcome as you first might think. [...]
Reeves to pave way for spending cuts with attack on ‘worst inheritance since the war’ July 28, 2024 Rachel Reeves will vow to "fix the foundations of our economy" in a much anticipated speech to Parliament in which she will also reveal the findings of the Treasury's spending audit.
Top shareholder says Anglo should close ‘unfeasible’ Yorkshire mine July 28, 2024 One of Anglo America's top investors has called for the London-listed miner to mothball its flagship fertiliser mine in North Yorkshire because it won't provide a good enough return on investment.
Week ahead: Market holds breath for busy central bank week July 28, 2024 Markets are preparing themselves for one of the busiest weeks of the calendar, with the Federal Reserve, the Bank of England, and Bank of Japan all deciding the path for interest rates in their country over the next five days.
Eurostar disruption resolved as France’s SNCF fixes sabotaged train line July 28, 2024 Saboteurs launched a co-ordinated attacks across the high speed rail network, causing chaos for those heading to the Olympic Games on Friday.
Airbus chief: Starmer should press ahead with Heathrow third runway July 28, 2024 The boss of Airbus has backed building Heathrow’s third runway, as the new government moots whether to put its weight behind the controversial proposals. Heathrow’s chief executive warned last week the airport wouldn’t be able to meet rising demand for travel without expanding capacity. The UK’s busiest hub reported record traffic in the first half [...]
Mike Lynch feared he would die in prison if convicted July 28, 2024 British tech mogul Mike Lynch thought he would die in jail if he had not been cleared of defrauding Hewlett-Packard (HP) in a multi-billion-dollar deal.
Sewage dumping water bosses could face criminal charges July 28, 2024 Water bosses responsible for illegal sewage dumping will face criminal charges and have their bonuses axed under new laws, the Environment Secretary has said. Writing in the Mail, Steve Reed said he would introduce law aimed at giving regulators “more teeth.” “Water bosses responsible for repeated illegal sewage dumping will face criminal charges, and I’ll [...]