Gousto founder Timo Boldt: How Al Gore helped my meal-kit maker open doors May 30, 2024 Every week, City A.M.'s Charlie Conchie sits down with the biggest names in tech, fintech and financial services. This week, it's Gousto founder Timo Boldt
Isa explainer: should you go for cash or stocks & shares? February 23, 2023 Savers have just over four weeks to make the most of this year’s tax-free savings allowance. We look at the different types of ISA available and how to find the one that’s right for you. Individual Savings Accounts, or Isas, were introduced by the government to encourage more people to save and allow savers to [...]
December home transactions show ‘strong end to frenzied year’ as markets expected to slow January 21, 2022 According to HMRC data, the provisional seasonally adjusted estimate of UK residential transactions in December 2021 was 100,110. This marks a 20 per cent dip on December 2020 but a 7.6 per cent spike on the prior month. Last year also saw a record level of home transactions of almost 1.5m, the highest since 2007, [...]
As it happened and live reaction: Jeremy Hunt’s Autumn Budget 2022: UK is now in recession November 17, 2022 Welcome to City A.M.’s live updates as the Chancellor of the Exchequer, Jeremy Hunt, delivers the government’s Autumn Budget for 2022. Here the news team will bring you all the key points, policy changes, opinion, analysis, responses from experts, industry reaction and more. Get in touch and let us know your views via news@cityam.com or [...]
House prices to surge another £50,000 over next five years July 27, 2021 House prices are expected to surge another £50,000 over the next five years, further reducing affordability in the UK property market, according to new forecasts published today. Estate agent Savills predicts house prices will jump nine per cent this year, driven by the extended stamp duty holiday and prospective buyers rushing to purchase larger homes [...]
Trust the code, not the confused October 7, 2022 Rufus Round, CEO of GlobalBlock says political systems need to adapt to the crypto and digital assets technology heading their way.
UK banks’ earnings season is tough one to call October 20, 2021 Wall Street’s biggest banks have reaped the rewards of a booming deal environment, the release of loan loss reserves and swelling deposits. Goldman Sachs, Bank of America and JPMorgan all flexed their muscles as they kicked off US earnings season last week. Now, it is the turn of their British pretenders, starting tomorrow with the [...]
As Starmer dreams of Downing Street, beware of sweeping electoral reform September 29, 2022 Labour can finally start dreaming about being able to form a majority government at the next election. So it may seem odd timing for the party’s conference to endorse electoral reform for the first time in nearly a hundred years.
The City View: Bank of England hike rates once more May 5, 2022 Today Andy Silvester talks to Jack Barnett, City A.M.’s Economics and Markets reporter. Together they go through the thinking behind the Bank of England’s 25 basis point rate rise earlier today, which brought the UK’s interest rate to 1%. They take a look at the Bank’s forecasts, and explain why a recession is almost inevitable. [...]
Mortgage lending rose to record £11.8bn in March after stamp duty extension May 4, 2021 UK mortgage lending saw the biggest net increase on record in March driven by extension of the stamp duty rax relief. Mortgage borrowing rose by a net £11.8bn in March, the strongest since the series began in April 1993, Bank of England figures show. The stamp duty holiday was originally due to end in March, [...]