Cost of living squeeze deals financial crisis level blow to Brits’ optimism April 4, 2022 Brits’ optimism is eroding at the fastest pace since the financial crisis amid the tightest cost of living squeeze in a generation, reveals a closely watched survey released today. A combination of inflation scaling to its highest rate in three decades, tax hikes, swelling energy bills and weak wage growth have bound together to deal [...]
The Notebook: Victoria Scholar on why it’s not all doom and gloom for the economy March 8, 2023 The Notebook is where interesting people say interesting things. Today, it’s Victoria Scholar, head of investment at Interactive Investor, on why it’s not the time to be gloomy about the UK’s prospects, the battle for your coffee pound and a new podcast. You wouldn’t be blamed for thinking that the UK economy is in a [...]
Easyjet, Ryanair and Wizz Air: Have carriers reached the summit of a record rebound? October 12, 2023 Airlines have posted record profits throughout the year on soaring demand, but is this peak to be followed by a trough?
FTSE 100 today: London markets set to open lower amid US rate cut and domestic political uncertainty May 29, 2024 Asian markets fell on inflation fears, IMF raised China's growth forecast. Investors await Fed speeches, Beige Book, Friday's PCE index.
Birmingham is a city on the cusp, but its economy is at a crossroads moment September 12, 2023 Birmingham has become a powerhouse, but the council has been too busy with internal squabbling to make sure all of its residents are part of the transformation, writes Adam Hawksbee
Transport secretary outlines new Charter to ensure travellers know their rights this summer July 17, 2022 The transport secretary today outlined a new Charter to ensure that travellers know their rights when it comes to flight delays and cancellations this summer. The government’s Aviation Passenger Charter, which was developed alongside industry, consumer and disability groups, seeks to give holidaymakers confidence for their travels, from booking, all the way to their return [...]
Take it from a tax expert, we are all too obsessed with Reeves’s Budget September 25, 2024 Reeves' Budget has become the talk of the town, but even KPMG tax expert Tim Sarson thinks we should calm down about it
Why Meta’s Northern Europe chief is going all in on AI February 27, 2024 Derya Matras, Meta's vice president for Northern Europe, sits down with City A.M. to explain how the company is looking to harness the power of AI and why the firm still believes in the Metaverse.
UK economy shrinks 0.3 per cent amid recession worries June 13, 2022 The UK economy shrank in April, for the second month in a row, amid fears of a recession. Gross domestic product (GDP) declined by 0.3 per cent in April, following a 0.1 per cent drop in March, according to figures published by The Office for National Statistics on Monday morning. The drop was fuelled by a [...]
Airlines blame ‘shambolic’ government Covid response for travel disruption June 20, 2022 The airline industry has blamed world governments’ “shambolic” response for the ongoing travel disruption. “The cost of government mismanagement was substantial. It devastated economies, disrupted supply chains and destroyed jobs,” Willie Walsh, director general of the International Air Transport Association (IATA), said today during an industry summit. According to Willie Walsh – former chief executive [...]