Browsing: City AM

The front page of the London business newspaper City AM reports on the Barratt-Redrow merger. The paper says the £2.5bn merger of two of the UK’s largest housebuilders sent shockwaves through the market. 

The paper says shares in major FTSE 100 and 250 housebuilders suffered a mixed day on the London market, as the surprise merger highlighted investors’ skewed opinions on the state of UK housing.

BP’s boss has said the oil supermajor will focus on extracting maximum cash from its investments going forward as the company resets its long-term goals.

Investments into sustainable funds are reducing due to an increase in greenwashing and scepticism towards environment, social and governance focused investing, a new study has found.

UK crown courts heard 226 fraud cases last year compared with 221 in 2022, according to new figures from KPMG’s Fraud Barometer, which tracks cases worth £100,000 and above.

Nearly two-third of first time buyers are entering the property market with someone else, a new report by Halifax has found. 

CITY AM – Market Got No Chill: Disposable vapes to be banned as government cracks down on e-cigarettes CITY AM…

CITY AM SAYS The Bank of England will likely leave interest rates on hold for the fourth time in a row when it meets on Thursday this week, economists have said, as the UK economy teeters on the brink of recession.

CITY AM says Daily Royal Mail deliveries are vital to the UK economy and losing them could risk “real disruption” to the nation’s finances, MPs and business lobbyists have warned.

CITY AM – UK insurers profit from Russian oil UK has insured £102bn worth of Russian oil despite sanctions CITY…

CITY AM SAYS The City’s continued strength has helped push services to a record share of total exports, new research shows, but the relative weakness of the rest of the country has seen the UK slip internationally.

CITY AM reports Heathrow and Gatwick Airport’s plans for another runway are “f***ing off the wall” and far too expensive, Ryanair’s chief executive Michael O’Leary has said.

CITY AM SAYS The City’s small investment banks and brokers have been through a wave of consolidation in the past 12 months. Could Peel Hunt be next?

CITY AM SAYS Signs of stress are emerging in the jobs market after three of the UK’s largest recruitment firms reported significant slowdowns in hiring in the final quarter of last year.

CITY AM SAYS Inflation is expected to continue its descent when new figures are released on Wednesday, amid growing fears that the conflict in the Middle East could spark a resurgence in inflation.

CITY AM – ETON MESS: Thames Water sewers flood as £46,000-a-year school forced to delay term CITY AM SAYS Eton…

CITY AM – Retail revival signals a new era in trading After a difficult 2023, outlook for online trading platforms…

CITY AM SAYS Investors are hoping for a so-called Santa Rally to push the FTSE 100 further into the green this year.

CITY AM SAYS Fast fashion giant Shein has reportedly spoken to London stock market bosses about shifting a planned IPO from Wall Street to the capital. 

CITY AM – Stubbed Out The front page of the London business paper reports on British-American tobacco has taken a…

CITY AM SAYS Jeremy Hunt has denied the UK economy has a “broken leg” but admitted it is suffering from a “sprained ankle.”

CITY AM SAYS Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of top business groups have warned, amid fears that young professionals are increasingly being priced out of the capital.

CITY AM SAYS Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain.

CITY AM SAYS As the dust settles on Jeremy Hunt’s Autumn Statement, it has become increasingly clear that the Chancellor has taken a big bet.

CITY AM – Clear As Mud City is ‘paying too much attention’ to inflation data, says bank governor CITY AM…

CITY AM – Hunt hints at tax cuts for UK businesses Hunt says his ‘priority is backing British business’ as…