Lotus eyes up IPO to supercharge production February 21, 2022 Iconic British car maker Lotus is heading towards a multi-billion pound floatation as it readies to open a new production plant in China and targets 100,000 sales a year by 2030.
Mark Kleinman: Ascential’s messy breakup, audit tensions and ARGA’s impasse October 5, 2023 Mark Kleinman, City editor of Sky News, writes weekly for City A.M. This week he talks Ascential, FCA tensions and the ARGA impasse.
Rightmove: First monthly dip in UK house prices this year recorded in August August 16, 2021 The average price tag on a home dipped by just over £1,000 this month. Across the UK, the average asking price in August was £337,371, down by 0.3 per cent or £1,076 compared with July, Rightmove data out this morning shows. It marked the first monthly fall in the average price of property coming to [...]
Is Premier League loan ban really aimed at Newcastle United and Ruben Neves? November 9, 2023 Premier League clubs are set to vote on the ban later this month.
The City View: ‘The balance between medical risk and economic harm is not right’ — Mark Tanzer, CEO of ABTA June 18, 2020 In this episode Christian talks to Mark Tanzer, CEO of ABTA, the travel association, which represents the UK’s travel and tour operators. Mark gives a candid assessment of the challenges facing the sector and also of the government’s response to the crisis. He argues that the quarantine measures were badly conceived, badly implemented and badly [...]
Borrowers ‘needn’t panic just yet’ after interest rates hike February 3, 2022 Real estate experts have said a rise in interest rates is “unlikely to dampen motivation to move” despite warnings that the news signals higher mortgage costs down the line. The Bank of England has hiked rates at successive meetings for the first time since 2004, with a majority of the Bank’s rate setters voting to [...]
Oil prices rebound heading into next week’s trading with China to ease pandemic restrictions May 15, 2022 Oil prices are up heading into next week, with China set to ease some of its pandemic restrictions while the EU weighs up a Russian oil ban.
Mark Kleinman: Vodafone’s CEO call, audit watchdog delays and a wave of insolvencies May 4, 2023 It's the column that gets the Square Mile talking, from the man who talks to everybody - Sky News' Mark Kleinman
First-time buyers in London struggle to keep up as north east offers most affordable house prices | City A.M. July 25, 2018 London has been the least affordable region for hopeful first-time buyers in 14 of the last 19 years, according to new statistics out today. Buyers looking to get onto the property ladder in the capital last year could have expected to spend 13 times their earnings on property. However, that stands in stark contrast to [...]
Warriors’ land deals could be overturned if they enter administration August 23, 2022 Unexplained land deals undertaken by the owners of Worcester Warriors could be investigated and ultimately overturned if the Premiership rugby club goes into administration. The West Midlands club’s hierarchy have confirmed talks with HMRC after receiving a winding-up petition over unpaid tax, amid fears that a team who finished 11th last season could go into [...]