Tax hike: National Insurance increase likely to trigger redundancies once furlough ends September 8, 2021 With the furlough scheme being withdrawn at the end of this month, the increase in National Insurance will make the cost of keeping jobs more expensive for employers, tax experts and accountants told City A.M. today. Yesterday, Brits were told they will be hit with £12bn-a-year tax rises to pay for increases in NHS and [...]
Investec Champions Cup Barometer: Exeter Chiefs riding momentum wave February 12, 2024 In the lead up to the 2023-24 Investec Champions Cup Round of 16, City A.M. has put together a barometer in partnership with Investec to assess which teams are hot – and which are not – ahead of April’s knockouts. Team of the week: Exeter Chiefs, England It was a good weekend to be a [...]
As sales slump, how has Tesla been impacted by Musk buying Twitter? May 9, 2024 Tesla sales are down, its Cybertruck product is facing recalls, and the automaker is cutting jobs – and prices – in response. Some investors have put this decline in fortunes down to the fact that Tesla’s CEO, Elon Musk, is also dealing with running media giant X/Twitter. Others, meanwhile, have pointed to the broader tides [...]
Labour market slowdown might be coming to an end raising questions for Bank of England May 9, 2024 The survey will give conflicting signals to the Bank of England, as policymakers mull their latest interest rate decision, due later today.
Huddled snaps up surplus beauty seller founded by former-L’Oreal lawyer July 8, 2024 Circular economy specialist Huddled has acquired the surplus beauty and cosmetics seller Boop Beauty in the latest in a string of brand takeovers.
Heathrow predicts a record year as consumers return to the skies June 28, 2024 “Operationally, we have performed well, delivering great service and successfully getting passengers on their way, particularly over the busy half terms, Easter and May public holidays,” it said.
Shell expects gas production to jump in first quarter April 5, 2024 Shell's Q1 2024 results are expected in early May.
FCA fines Cyprus-based trading broker £276,100 for ‘pressuring’ customers to put money at risk August 14, 2024 The City regulator has fined Cyprus-based trading broker Forex TB Limited £276,100 for failing to treat its customers fairly and providing unauthorised investment advice.
Clintons: Card giant axes stores and hundreds of staff as it slips back into the red June 13, 2024 Gift card giant Clintons has fallen back into the red after laying off hundreds of staff and closing more than 50 UK stores, as its owners grapple with its customers' changing shopping habits.
SEC dropping lawsuit against Ripple executives October 19, 2023 The US Securities and Exchange Commission says it is dismissing aiding and abetting claims against Ripple Labs bosses Chris Larsen and Brad Garlinghouse.