UK’s next PM could realise Britain’s crypto ambitions August 3, 2022 The UK is now just weeks away from getting its most pro-crypto prime minister ever in all likelihood. Following Boris Johnson’s resignation after a slew of resignations from his government, sexual assault allegations against conservative lawmaker Chris Pincher, and the fallout from ‘Partygate’, there are now only two candidates in the running to lead the [...]
Pound’s dramatic drop is biggest shock of this year, says City grandee October 24, 2022 The pound’s dramatic fall in the wake of the mini-budget market turmoil was the group’s biggest shock of the past year as a City insider likened the sterling sell-off to the Turkish lira crisis. Angela Cretu, global chief executive of beauty giant Avon International, said that sterling’s dramatic fall has caused challenges for the group, [...]
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
What is the future of financial services regulation? June 7, 2023 Lord Holmes of Richmond emphasises the importance of the Financial Services and Markets Bill currently going through the House of Lords.
Explainer: What is the Economic Crime Act and how will it help the government tackle oligarchs? March 17, 2022 The government’s Economic Crime Bill, which gives the UK new powers to tackle oligarchs, has gained Royal Assent after being fast tracked through parliament. In a statement, the government said the new laws will make it easier for the government to “tackle corrupt elites” and crack down on “Putin’s cronies.” Notably, the law will require [...]
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 [...]
Exclusive: How London’s prime property financing space weathered Brexit, Covid and market mayhem October 24, 2022 Prime property finance is experiencing a boom in demand but battling falling prices. Yet, as the most resilient part of the market shows it can insulate itself from Brexit, the pandemic and current financial woes. While not immune from external shocks, its ability to recover faster than the rest of the industry makes it a [...]
UK home to fourth largest rental market trailing US, Germany and Japan March 1, 2022 When it comes to the total volume of privately rented properties, the UK ranks fourth in the global rankings, with just the United States, Germany and Japan home to more rental homes, according to new research shared with City A.M. this morning. Across the UK there are estimated to be over 29.5m homes within the [...]
Strong B&Q earnings rebuild investors’ risk appetite to kick off week May 23, 2022 Investors picked up their risk appetite again during the opening trading day of the week as B&Q owner Kingfisher helped mend market sentiment. London’s premier FTSE 100 index jumped 1.67 per cent to 7,513.44 points, while the mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, climbed 1.56 [...]
Rightmove: Demand surges 50 per cent after housing market reopens August 7, 2020 Property platform Rightmove said demand was up 50 per cent in June and July as potential buyers sought new homes after months spent in lockdown. Rightmove’s share price jumped 8.93 per cent to 629.4p this morning after the company reported a bounce in activity after the housing market reopened. The figures In the six months [...]