Tag: Markets & Economics
over 2 years ago
cityam.com

Abrdn and Citi consider offering investors tokenized stakes in buildings

Abrdn is reportedly partnering with Citi to allow investors to purchase digital tokens in funds, buildings and infras...

Read Full Article
over 2 years ago
cityam.com

Energy supplier Yü Group glitters in the gloom as shares soar on the London Stock Exchange

Shares in independent energy supplier Yü Group have risen rapidly on FTSE AIM-All Share following strong results ahea...

Read Full Article
over 2 years ago
cityam.com

Sureserve Group revels in rebounding revenues following M&A spree

Sureserve has rebounded strongly from challenging pandemic conditions with a 24.7 per cent boost in revenues.

Read Full Article
over 2 years ago
cityam.com

Sunak has enough room to scrap national insurance hike, according to top City economists

Chancellor Rishi Sunak has enough room to scrap the looming national insurance hike to ease the heavy cost of living ...

Read Full Article
over 2 years ago
cityam.com

London markets snap back from bruising day

London markets snapped back from a bruising day yesterday as investors were buoyed by a rally on Wall Street. The cap...

Read Full Article
over 2 years ago
cityam.com

UK financial watchdog to beef up consumer protections

The Financial Conduct Authority (FCA) has said it will take "assertive action" against firms seeking to limit compens...

Read Full Article
over 2 years ago
cityam.com

Credit Suisse issues profit warning amid rising legal fees

Credit Suisse has warned of losses in the fourth quarter as a result of mounting litigation costs and a slowdown in i...

Read Full Article
over 2 years ago
cityam.com

Russia has made EU threats look full of hot air

As the EU's supplies shorten, so does its ability to present a united front in the face of the Kremlin's aggression.

Read Full Article
over 2 years ago
cityam.com

Gas prices soar amid supply shortage fears as Russia-Ukraine tensions escalate

Analysts warned last night that escalating tensions over Russia's seemingly inevitable invasion of Ukraine would hit ...

Read Full Article
over 2 years ago
cityam.com

Financial Conduct Authority staff mull strike action over pay changes

Staff at the Financial Conduct Authority (FCA) are considering strike action over changes to pay proposed by management.

Read Full Article
over 2 years ago
cityam.com

British Gas owner Centrica picks up customers from fallen firm Together Energy

Centrica, owners of British Gas, has swooped in to rescue UK households from doomed supplier Together Energy, which c...

Read Full Article
over 2 years ago
cityam.com

Firms have no choice ‘but to raise prices’ to absorb NI hike

The looming national insurance tax hike will leave British businesses with no choice “but to raise prices,” a leading...

Read Full Article
over 2 years ago
cityam.com

EDF shareholder funds put pressure on French government over energy firm plans

The supervisory boards of two EDF staff shareholder funds are pushing for clarity over the French government’s plans ...

Read Full Article
over 2 years ago
cityam.com

Slump deepens for crypto market as Bitcoin slides below $34,000

The crypto market continues to spiral downwards with Bitcoin today shedding five per cent of its value to stand below...

Read Full Article
over 2 years ago
cityam.com

Looming US Fed rate hike spree sends chill through global markets

A looming rate hike spree from the US Federal Reserve sent a chill through global markets today. Investors took fligh...

Read Full Article
over 2 years ago
cityam.com

UK services economy withstands Omicron plan B assault

Britain’s services economy has stood strong in the face of the re-emergence of curbs on daily life in a bid to clamp ...

Read Full Article
over 2 years ago
cityam.com

London markets slide as Unilever soars to top of FTSE 100

London markets slid this morning driven lower by housebuilders taking a tumble. The capital’s premier FTSE 100 index ...

Read Full Article
over 2 years ago
cityam.com

Computacenter expects profits to top £250m amid record order backlog

British IT firm Computacenter expects pre-tax profits to exceed £250m for the full year amid strong demand for produc...

Read Full Article
over 2 years ago
cityam.com

Amigo Loans shares slide 60 per cent as lender warns of insolvency risk

Amigo Loans has warned the company will collapse if a new scheme to pay back customers and restart lending is not app...

Read Full Article
over 2 years ago
cityam.com

Volkswagen manager fired after raising cyber security concerns

A senior member of staff at Volkswagen (VW) was reportedly dismissed after raising concerns about the company's payme...

Read Full Article
over 2 years ago
cityam.com

Exclusive: Inflexion bolsters green credentials with minority investment in Wood Thilsted

Inflexionhas strengthened its green credentials with a minority investment in an offshore wind engineering consultancy.

Read Full Article
over 2 years ago
cityam.com

Go Ahead shares remain suspended with results overdue

The UK's biggest train operator has requested an extension for filing its accounts after a disastrous year for the co...

Read Full Article
over 2 years ago
cityam.com

Covid-19 curbs decimate London’s retail economy

Onerous restrictions on daily life during the pandemic has decimated London’s retail economy, reveals a fresh study r...

Read Full Article
over 2 years ago
cityam.com

Supply chain crisis threatens to plunge record number of firms into the red

The global supply chain crisis is threatening to plunge a record number of companies into the red, reveals a closely ...

Read Full Article
over 2 years ago
cityam.com

Former BoE deputy governor warns of rapid rate hikes to quash inflation

The Bank of England has backed itself into a corner by refusing to hike interest rates despite inflation surging to h...

Read Full Article
over 2 years ago
cityam.com

Planned redundancies drop 86 per cent from pandemic peak

Businesses are planning far fewer redundancies than they were a year ago amid growing confidence about the UK's econo...

Read Full Article
over 2 years ago
cityam.com

AIM's market cap hits £150bn amid IPO boom

London's Alternatives Investment Marketplace (AIM) grew by 33 companies in 2021, its biggest increase since 2007.

Read Full Article
over 2 years ago
cityam.com

Vin Murria-backed AdvancedAdvT sweetens bid for M&C Saatchi

Tech investment vehicle AdvancedAdvT has sweetened its bid for advertising group M&C Saatchi with a partial cash alte...

Read Full Article
over 2 years ago
cityam.com

Peer-backed technology firm Sensyne Health plots FTSE departure as financial issues escalate

Bosses at Sensyne Health (Sensyne) are now plotting the company’s departure from the London Stock Exchange, according...

Read Full Article
over 2 years ago
cityam.com

CarTrawler CEO Cormac Barry on the travel sector's long road to recovery

No more PCR tests before arriving in England and most travel restrictions out of the window. International arrivals w...

Read Full Article
over 2 years ago
cityam.com

Imminent US Fed rate hike cycle to jolt London markets this week

Strong signals from the US Federal Reserve that a rate hike cycle is imminent at its latest meeting this week could j...

Read Full Article
over 2 years ago
cityam.com

Brexit: Finland, Luxembourg, Portugal and Greece are exploiting Brexit as UK exporters are being ...

Smaller EU countries are benefitting from Britain's departure from the European Union. This is largely because they f...

Read Full Article
over 2 years ago
cityam.com

Brexit onslaught: A third of all British business owners is not sure their company will still exi...

Nearly one in three fear their company will close before the end of this year, primarily as the long-term effects of ...

Read Full Article
over 2 years ago
cityam.com

Head of London Metal Exchange quits for crypto start up

London Metal Exchange chief Matthew Chamberlain is quitting after five years in the role to join crypto start up, Kom...

Read Full Article
over 2 years ago
cityam.com

Oil prices slide as production ramps up Stateside

Oil prices have tumbled as market sentiment took a downturn following rising inventories the US, with questions over ...

Read Full Article
over 2 years ago
cityam.com

Business Secretary says households will have to wait until March for help with soaring energy bills

Business Secretary Kwasi Kwarteng has said households must wait until March to find out what help the government can ...

Read Full Article
over 2 years ago
cityam.com

Brits’ optimism shrinks on soaring inflation and looming tax hikes

An inflation spike, the re-emergence of Covid-19 restrictions and looming tax hikes have combined to dampen Brits' co...

Read Full Article
almost 3 years ago
cityam.com

Producer of The Irishman backs NFT’s first step into Hollywood

Production company NFT Studios announced “the first-ever Hollywood feature film to be fully funded” by “non-fungible ...

Read Full Article
almost 3 years ago
cityam.com

Smart regulations the path to a prosperous post-Brexit future

So, it’s eeyore no more. Philip Hammond – rarely confused for a ray of sunshine during his time as Chancellor – is no...

Read Full Article