Housebuilders goose London indexes after dodging £4bn cladding bill April 4, 2022 Reports of the UK government footing most of the bill for fixing the cladding scandal strengthened sentiment toward London-listed housebuilders today. The capital’s premier FTSE 100 index added 0.28 per cent to reach 7,558.92 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.53 [...]
Andy Silvester on market optimism, US wages and a real-life summer thriller July 20, 2023 Bulls are not regularly seen on the streets of the Square Mile, especially recently. It has been all too easy on my recent travels to find people casting their eyes downward when asked about the City’s prospects, as if the irritatingly grey July skies are dimming optimism before the summer holidays. What’s interesting is that [...]
Let’s be honest, teaching everyone more maths won’t boost our economic growth April 20, 2023 Rishi Sunak wants us all to be better at maths, but ultimately it won't matter for our economic growth if we don't have the infrastructure and resources to nurture talent, writes Matthew Lesh
The Square Mile and Me: Prospective alderman Marcus Fincham takes a stroll down memory lane July 27, 2023 We dig into the memory bank of the City’s great and good: this week, Marcus Fincham, prospective City alderman, reveals his top spots, favourite memories and career highlights. What was your first job? Working in a kennels – it was great fun feeding the dogs, but less fun cleaning up after them. What was your [...]
Onshore wind set for revival as backbench pressure weighs on Government November 28, 2022 The seven year de-facto ban on new onshore wind projects could finally be lifted, after Grant Shapps hinted at a possible U-turn.
China’s slumping economy signals the end of a high growth era August 24, 2023 Exports have slumped, growth has stalled and the economy even slipped into deflation. The youth unemployment figures have gotten so bad that the government has stopped publishing them. These figures - or their absence - reveals more than an economy struggling to grow after Covid. What they demonstrate is that China’s growth model over the past few decades has run out of steam.
Mark Kleinman: Vodafone pressure, steel woes and a new business boss October 6, 2022 Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Vodafone boss hopes deal eases the pressure At last, an engaged tone. Two months after I wrote in this column that Nick Read, the Vodafone chief executive, was looking nervously over his [...]
Made.com is no more – where to buy furniture online in 2023 February 19, 2023 When Made.com launched in 2010 it seemed like a miracle of the furniture world, creating stylish, affordable pieces that you were as likely to find in the home of a student as you were an architect. Over the next decade it would become so popular its mid-century-inspired designs became the de facto aesthetic in offices [...]
Square Mile and Me: Harry Hyman on building Primary Health Properties – and his love for the opera December 7, 2023 Harry Hyman, CEO of Primary Health Properties, tells us about his career, opera and working with his family.
Value of mortgage advances tops £70bn as real estate experts say market is cooling off March 8, 2022 Real estate experts have said the latest mortgage lenders statistics show a market cooling off from its earlier frenzy. In figures published by the Bank of England on Tuesday, the outstanding value of all residential mortgage loans was £1,613.4bn at the end of the fourth quarter of 2021. This was 4.7 per cent higher than [...]