Brexit: UK and EU eye Northern Ireland Protocol deal by February December 14, 2022 UK and EU officials are hoping to seal a deal on the post-Brexit Northern Ireland Protocol by February, after more than a year of wrangling. Talks over a deal have intensified over the past month, after relations have thawed between London and Brussels during Rishi Sunak’s premiership. Bloomberg reports that foreign secretary James Cleverly and [...]
Housing stock running dry triggers market slowdown, new data suggests April 22, 2022 Homes changing hands has drastically slowed since the beginning of the year, with the market running dry of properties, according to the latest data. The number of properties up for sale has plunged a third, compared to stock levels available before the pandemic, research by Savills and data analyst TwentyCi has found. The UK’s property [...]
Exclusive: Sunak to unveil plan to slash EU financial services rules in Mansion House speech June 24, 2022 Rishi Sunak will unveil his plan to slash EU financial services regulations in a major set piece Mansion House speech next month. City A.M. understands the chancellor will announce details of his Financial Services and Markets Bill at the City’s annual Mansion House bankers’ dinner on 19 July and will introduce the legislation to the [...]
Industry must avoid return to ‘Wild West’ with ultra-cheap deals, warns energy boss June 27, 2023 Telecom Plus - which trades as Utility Warehouse - has announced record revenues and profits for its bundled household services arm.
Crypto and blockchain: Who among our politicians is really on board with crypto? April 5, 2023 Greengage CEO Sean Kiernan highlights some in-house research analysing which government ministers are championing crypto.
Mark Kleinman on banks, Ocado and London’s IPO market June 29, 2023 Mark Kleinman is City editor at Sky News Politics could push ministers to punish banks This is a cost of living crisis, not a banking crisis: if I had a fiver for every time a senior bank executive had said that to me over the last 18 months, I’d never need another mortgage of my [...]
A solution to Britain’s investment doldrums is right under the noses of politicians October 13, 2023 After weeks of speeches, neither sides of politics have found time to back the financial services sector in the City of London, writes Charles Hall
Our politicians are like labradors – happiest only in the long grass March 30, 2023 Like some sort of raggedy, enthusiastic golden retriever, Britain’s political establishment seem to be happiest when headed for the long grass. Today’s paper is full of decisions, like some unattainable tennis ball, booted over the fence and made somebody else’s problem. Below, the failure to deliver infrastructure. In our deep-dive into capital markets, it’s reform [...]
King’s coronation steers UK economy back into red as GDP shrinks 0.1 per cent in May July 13, 2023 Lost work owing to the additional bank holiday to celebrate the King’s coronation has sent UK economic growth into reverse, official figures out today reveal. UK gross domestic product (GDP) contracted 0.1 per cent in May, a much smaller drop than the City expected and down from a 0.2 per cent expansion in April, according [...]
Fragrance Direct predicts return to growth after ‘challenging year’ January 15, 2024 Fragrance Direct has said it expects its performance to improve over the coming months after blaming its fall in sales on a number of factors including the cost-of-living crisis.