Election 2024: FTSE 100 in the red but midcap index maintains gains after Labour landslide July 5, 2024 Sterling was trading up around 0.1 per cent this morning at $1.277 while futures on the FTSE 100 edged up by around 0.2 per cent. Markets will open at 8am.
Heatwave: 40c recorded for first time ever in UK at Heathrow July 19, 2022 History has been made with the 40 degree barrier mark being broken for the first time ever, recorded at London’s Heathrow airport. The news comes after the Met Office issued an extreme level four red weather warning for Monday and Tuesday, with it expected to exceed 40 degrees. Earlier in the day, Heathrow said there [...]
The Alchemist toasts record year ahead of European expansion January 11, 2024 The Alchemist enjoyed another year of record sales ahead of opening its first European location, new documents have revealed.
Capita: Local authority contractor says ‘limited’ data accessed by hackers in recent cyber attack April 20, 2023 Outsourcing firm and government contractor Capita said customer, supplier or colleague data may have been accessed by hackers in a recent cyber attack on the firm. The group – a major contractor for local authorities – said investigations since the hack was discovered on March 31 have shown evidence of a “limited” data breach. It [...]
Mark Kleinman: Hambro Perks, Ray Winstone’s side hustle and IPGL shake-up February 9, 2023 Sky News’ Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Hambro Perks’ called-off merger spells bad news for the City November 23, 2021 was a landmark day for the London stock market: the unveiling of the first special purpose acquisition [...]
Mortgages are up but don’t get too excited April 19, 2024 What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven MacDonald When it was announced [...]
Labour taps up City PR firm Brunswick to build ties with big business November 19, 2023 Labour leader Sir Keir Starmer is reportedly set to work with top City PR firm Brunswick to try and build better relationships with FTSE 100 companies.
Gatwick: Britain’s second-busiest airport boosted by new airlines and station revamp March 21, 2024 The international hub near Crawley, West Sussex, said it had returned to traffic levels of 94 per cent of what it was in 2019 - in July and October.
Bank of America at odds with Lloyd’s over state-backed cyberattack exemption April 20, 2023 Bank of America has reportedly raised concerns with Lloyd’s of London about a move to exempt “state-backed” cyberattacks from standard insurance policies. Bank of America highlighted its concerns with the policy in a series of meetings between Lloyd’s and its biggest clients, the Financial Times reported. Marsh, the world’s biggest broker, is also understood to [...]
The Square Mile and Me with Rowland Thomas on the energy of the City and its changes over time July 20, 2023 Each week we ask a City figure to take a trip down memory lane. Today, it’s Rowland Thomas, Close Brothers property finance managing director What was your first job? At the local greyhound kennels spreading sawdust on the training runs. I was accidentally paid double rates – £1 instead of 50p per hour – which [...]