Apple goes solo for buy-now pay-later snubbing Goldman June 9, 2022 Apple has snubbed banking partners Goldman Sachs for its new buy-now pay-later offering, instead opting for its own in-house team to manage the service.
UK says Brexit divorce bill is £37.3bn, more than £3bn lower than EU’s figure July 15, 2021 The Treasury today gave an estimate of the UK’s Brexit divorce bill that is £3bn lower than the European Union’s latest figure. Chief Secretary to the Treasury Steve Barclay updated MPs on Thursday to say that the current value of the financial settlement is £37.3bn. This is significantly lower than the updated figure of 47.5bn [...]
Close Brothers faces uncertain future as FCA motor finance probe sparks crisis February 15, 2024 Close Brothers shares collapsed on Thursday after it cancelled its dividend for the current financial year and announced that 2025 payouts would be placed under review amid a City watchdog probe into motor finance - a major part of its business model.
Oil markets volatile as Saudi Arabia hikes crude prices June 7, 2022 Oil prices continued to hover around the $120 milestone, after Saudi Arabia raised its July crude prices amid tightening supplies.
Unilever shares surge after Peltz takes a stake, though reports say job losses loom January 24, 2022 Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
Financials rally boosts London’s top indexes March 22, 2022 A rally among financial stocks boosted London’s top indexes this morning as the FTSE 100 closes in on its pre-Russian invasion of Ukraine high. The capital’s premier FTSE 100 index closed 0.46 per cent higher at 7,476.72 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, [...]
5 Reasons Why This Year’s City Giving Day was the Best One Yet September 29, 2023 On Tuesday 26 September, The Lord Mayor and Lady Mayoress of the City of London, Alderman, Sheriffs and 570 City businesses came together for City Giving Day. Hosted by The Lord Mayor’s Appeal, the annual event unites the City to celebrate and promote the positive impact of philanthropy. Here’s 5 reasons this year’s City Giving [...]
Crypto AM Awards: And the winners are… November 29, 2022 Some of the finest people and businesses in cryptocurrency and blockchain were honoured at the Crypto AM Summit and Awards 2022.
Extinction Rebellion activists block Westminster roads August 24, 2021 On the second consecutive day of action Extinction Rebellion (XR) activists have occupied roads in Westminster, police have warned. In a tweet, the Met Police said that protestors are blocking roads around Parliament Street, Whitehall and Westminster. Officers are at the scene working to minimise disruption to traffic. At around 11am this morning, green rabble [...]
Mark Kleinman: The must-read City column June 15, 2023 Mark Kleinman, City editor of Sky News, writes fortnightly for City A.M. This week he opines on the ICAEW, Eton's new Provost and the future of the Telegraph