Schroders chief: FCA must not ‘muddle’ consumer powers with City competitiveness July 11, 2024 The boss of Schroders has called on the Financial Conduct Authority to more clearly separate its consumer protection powers from its duty to enhance the competitiveness of the City, as he issued a rallying cry to end “safetyism” in financial regulation.
Ten years on, the Sunak government is still beholden to the austerity narrative November 21, 2022 Jeremy Hunt couched his fiscal plans very deliberately as part of a Tory continuum.
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 [...]
The Notebook: James Chapman on getting big money out of politics April 2, 2024 James Chapman takes the Notebook pen to talk about the internet, the boat race and getting big money out of politics.
In memoriam: Two chancellors, Parky, Sir Bobby, business leaders and celebs we lost in 2023 December 26, 2023 As City A.M. looks ahead to the next 12 months, we reflect on those who have departed this year, and the impact they continue to have.
‘You can’t interfere in the markets,’ Asda boss tells government over food price caps May 30, 2023 Veteran retail boss Stuart Rose has warned the government of “unintended consequences” around encouraging supermarkets to impose price caps on food staples to cut the cost of living. Asda chairman Lord Rose, who also ran Marks and Spencer and chaired Ocado, said “you can’t interfere in the markets” and warned of the “unintended consequences” of [...]
Private equity firm set to finalise £200m deal to take over government contracts Amey Plc June 6, 2022 The London private equity firm that currently employs ex-Tory minister Philip Hammond is seeking to a finalise a deal to takeover one of Britain’s biggest civil engineering firms, Amey Plc. Buckthorn Partners, which took on Lord Hammond as a partner in 2020, has teamed up with US private equity firm One Equity Partners to buy [...]
Natwest boss Dame Alison Rose to head government energy efficiency drive February 20, 2023 The government has appointed Natwest chief executive Alison Rose to spearhead its new energy efficiency task-force.
David Cameron: How will Sunak’s ‘salesman-in-chief’ approach China? November 13, 2023 Former Brexit-era Prime Minister David Cameron has rejoined the government in a shock move this morning after being made foreign secretary.
Labour to announce review to ensure more start-ups list in London June 15, 2022 Labour will tomorrow launch a review that aims to ensure that the UK is the best place in the world for start-ups, with the party wanting more to go public in London. Shadow chancellor Rachel Reeves has enlisted former Tory Treasury minister, and renowned economist, Lord Jim O’Neill to “explore how to ensure start-ups can [...]