FTSE 100 close: JD Sports springs London flagship index to 2018 high January 11, 2023 London’s FTSE 100 index leapt to its highest level since 2018 in afternoon exchanges in the City today after a series of strong retailer earnings signalled the UK consumer is holding up well amid the cost of living crunch. The FTSE 100 index climbed 0.99 per cent to 7,770 points, while the domestically-focused mid-cap FTSE [...]
Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground June 18, 2024 Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures.
England must beat poor Wales in Six nations to show growth February 24, 2023 England’s third round Six nations match against Wales on Saturday has an odd feel about it. On one hand Steve Borthwick’s men will travel along the M4 filled to the brim with confidence given their opponents across the Severn Bridge are in a state of disarray at the moment. The time is right for England [...]
The Post Office scandal: What is the Horizon Inquiry? January 12, 2024 The public outcry following the ITV drama on the Post Office Scandal has resulted in pressure on the Government. However, over the last two years, an inquiry has been going on in the background.
A REIT mess: Home REIT execs to be grilled on takeover approach and shoddy housing at AGM February 20, 2023 Beleaguered housing investor Home REIT is set to be grilled by investors today over the state of its finances, its dilapidated property portfolio and the suitability of a recent takeover approach from a firm with links to its former investment advisor. The troubled former FTSE 250 firm is due to face shareholders at its annual [...]
‘Toxic and bullying’ treatment cited as SNP MP Lisa Cameron defects to Tories October 12, 2023 The Prime Minister said he is “delighted” at her decision while the SNP called on her to “do the right thing” and allow a by-election to take place.
The Notebook: Andy Silvester on suppressed British success stories, why Global Airlines could raise the game and Bazball July 31, 2023 Where the City’s movers and shakers get a few things off their chest. Today, City A.M. editor Andy Silvester takes the pen British cynicism can mean we overlook our success stories Heading east out of the City towards the Strand one passes the ugly, brutalist facade of King’s College London, nobody’s idea of an architectural [...]
Five things we learned from Tory conference: The return of Farage and Trumpification October 5, 2023 This week, top Tories, councillors, activists and party members gathered in Manchester for their annual get-together. With journalists also swarming the panel events, hotel receptions and late night bars, there was little that went unreported. But amid the not-so warm white wine, dodgy dance moves, and endless speeches, there were a few things that became [...]
What are the new changes to employment law that come into force today? Lawyers explain April 6, 2024 There have been several significant changes made to the employment law on Saturday, which employers (and employees) must be aware of to ensure they can navigate them effectively. City lawyers speak to City A.M. to explain what they are, and how they will work. From 6 April, changes include the right to request flexible working [...]
How Brits (and businesses) fell in love with the humble retail park September 20, 2023 On the outskirts of every bustling town and city lies the reliable, yet boring, retail park. But, as dull as they may be, retail parks are having their moment in the sun.