Powell confirms Fed may start winding down stimulus measures this year August 27, 2021 The chair of the US Federal Reserve has confirmed the central bank could start winding down the wave of stimulus measures it unleashed to dampen the economic impact of the Covid crisis this year. Jerome Powell said the US economy has reached a point where it no longer needs the same scale of monetary policy [...]
The Notebook: Why the Consumer Duty is something to celebrate August 6, 2024 Where the City’s movers and shakers have their say. Today, Debbie Kennedy, CEO at Lifesearch, takes the notebook pen to tell us why we should cheer the Consumer Duty Happy birthday to the Consumer Duty! Last week saw the one-year anniversary of Consumer Duty – a relative ‘unknown’ for the average person on the street, [...]
Fintech Checkout racks up £100m losses after creating 300 jobs February 15, 2024 Checkout.com, one of the most valuable fintechs in Europe, haw seen its losses widen by over 400 per cent to more than £100m, it has been revealed.
Domestic cruises set to restart from 17 May March 9, 2021 Domestic cruises could restart in the UK along with the lifting of travel restrictions from 17 May, MPs were told today. Maritime minister Robert Courts told the All Party Parliamentary Maritime and Ports Group that such trips could restart along with domestic holidays from that date. A statement from the Department for Transport confirmed that [...]
Cineworld shares fizz as big screen reopening drives ‘strong’ first weekend May 24, 2021 Shares in Cineworld pushed higher this morning after the cinema chain hailed a strong opening weekend in the UK following the easing of Covid lockdown measures. The cinema chain said its performance was led by the success of family hit Peter Rabbit 2: The Runaway, starring James Corden. Cineworld, which also owns the upmarket Picturehouse [...]
City A.M. TV: Daily Market Snapshot (video) February 23, 2021 Following false breakouts in markets last week, downside momentum continued to build yesterday.
China’s housing crisis: Chinese home prices fall in February as property woes deepen March 15, 2024 China's housing market displayed continued weakness in February, with new home prices declining for the eighth consecutive month, according to official data released on Friday.
Bitstamp and Qi Digital team up over cryptocurrency payments July 11, 2023 Companies, banks and payment providers can accept cryptocurrency stored on Bitstamp following a new partnership with Qi Digital.
Compass: Catering firm thanks inflation for surging profits November 20, 2023 Compass has unveiled a jump in revenues for the year as the catering giant was bolstered by food inflation and demand for its products.
Dunelm sales slip as pent up demand eases against ‘demanding backdrop’ October 20, 2022 Dunelm posted dented sales after last year saw a flurry of pent up demand post-lockdown. In first quarter results, the homeware retailer said its sales were down eight per cent compared to the same period last year. Bosses said the performance came despite “a challenging environment”, posting sales of £357m. A dip in sales had [...]