British Gas poised for record profits after Ofgem’s hike in price cap allowances July 23, 2023 British Gas is expected to post record profits next week, powered by Ofgem's decision to temporarily hike allowances for suppliers.
Investors to receive ‘temperature check’ on global economy alongside Nvidia and inflation updates May 19, 2024 Analysts at Deutsche Bank said the surveys would provide "a temperature check on growth across the key economies as perceived inflation risks subside".
UK bank staff numbers see biggest jump in a decade as sector outperforms Europe July 10, 2024 The number of staff employed by UK banks saw its biggest increase in a decade last year, new data shows, as headcount returned to pre-pandemic levels and lenders enjoyed record profits.
Value of posh pads in London’s richest postcodes falls by £50k November 30, 2023 The value of luxury flats in London’s poshest postcodes has fallen by 6.1 per cent in the last year as the capital’s mega rich put off buying homes amid the cost of living crisis. According to a new report by Investec Wealth & Investment, shared with City A.M., in the last year the average price [...]
UK M&A deals sink in 2023 as private equity surges February 7, 2024 UK Mergers and Acquisitions (M&A) fell sharply last year, declining by 17 per cent compared to a global decline of just six per cent. In total, the UK saw 3,628 M&A deals across 2023, compared to 4,362 the previous year, though this was still around pre-pandemic levels, data from PwC has revealed. In the second [...]
Energy bills could drop below £2,500 per year, saving the government billions in support packages January 13, 2023 Energy bills could fall under £2,500 per year in the second half of this year, saving the Government billions of pounds.
Exclusive: European rugby chiefs in Challenge Cup sponsor talks August 31, 2023 European rugby chiefs are in exploratory discussions with companies over a potential title sponsor for the Challenge Cup, City A.M. can reveal. The relative of the Champions Cup, which on Thursday announced bank Investec as its title sponsor on a five-year deal, the Challenge Cup has not had a sponsor since insurer Amlin partnered the [...]
Energy bills set to RISE next year as volatility spooks oil and gas markets November 6, 2023 Household energy bills will not ease any time soon, with forecasters warning that the energy price cap is now set to rise again.
Quins’ time in Paris: Marcus Smith inspires Premiership side to famous European win December 10, 2023 Smith kicked a drop goal from near the half-way line as Quins beat Racing 92.
‘This competition is unforgiving’ – Saracens warned after defeat at the Bulls December 10, 2023 The Premiership champions played much of the game with 14 men.