Q&A: Fintech boss Janine Hirt on how London can stay ahead of EU rivals January 26, 2023 Fintech is an increasingly vital part of the UK’s financial ecosystem – so it’s high time to chat with Janine Hirt, the CEO of industry body Innovate Finance, on the challenges that come with keeping the UK out in front of Europe While the UK has historically been a global leader in FinTech – receiving [...]
Exclusive: Millions of small businesses vulnerable as £672bn of business loans go unprotected February 10, 2022 Around £672 billion of corporate borrowing by SMEs is unprotected, which could leave businesses vulnerable to any future financial shocks. New data from Legal & General, shared exclusively with City A.M. this morning, shows that three in four of all small and medium size businesses in the UK are carrying some form of corporate debt, [...]
How to grow your business and break down barriers to international trade April 26, 2024 Ambition A.M. takes a look at why international trade might be for you, and how you can use your long-term ambitions to test the waters.
Barclays shares hit two-year high after profit beats estimates, but investment bank struggles April 25, 2024 Barclays has reported an 11 per cent drop in profit - slightly outperforming analysts' estimates - as the boost from higher interest rates fades and its investment bank struggles to compete with its Wall Street rivals.
London Tech Week: Sunak and Hunt’s charm offensive was no light touch June 12, 2023 Charlie Conchie, City A.M. investment editor, reflects on day one of London Tech Week. What’s a growth mindset and how can I get one? Solving the UK’s tech investment gap is not just tweaking rules and regulation, Chancellor Jeremy Hunt said yesterday, but also “looking at our mindset”. “That’s something I think we need everyone’s [...]
EU pushes ban on petrol cars ahead of climate summit October 24, 2022 The EU is proposing to tighten the bloc's climate policies ahead of the COP 27 summit in Cairo, Egypt, next month.
Funding struggles see UK’s small firms resort to personal loans for financing October 24, 2022 UK small business owners are increasingly taking out personal loans to fund their firms due to the troubles they face in securing external capital. More than half (55 per cent) of UK small and medium-sized enterprise (SME) owners have taken out a personal loan to fund their business, research by tech firm Codat shows. The [...]
Plans to stop NDA abuse provide clarity but aren’t radical, lawyers say April 10, 2024 Non-disclosure agreement (NDA) clauses that aim to stop victims reporting crimes to the police are “likely already unenforceable” under “current laws”, lawyers have said.
European market plunge is opportunity for bargain hunters, say BlackRock analysts July 20, 2022 A plunge in the value of European equities has presented an opportunity for bargain-hunting investors to snap up stocks, a BlackRock investment chief said today.
UK tech firm numbers double in two years – with London start-up growth lower than nearly all other regions February 22, 2023 The number of newly-created UK tech firms is up by a fifth, with London marginally below the national average. There were 46,474 new tech companies created in Britain in 2022, up from 38,240 in 2021. Based on data from Companies House, the uptick in registrations of new firms is almost double that of 2020, when [...]