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From cityam.com

UK takes down multibillion-dollar Russian crypto laundering network

2 2

The National Crime Agency has taken down a multibillion-dollar international money laundering scheme with ties to the Russian state.

6h ago

From cityam.com

Deutsche Bank boss: A 'wave' of European bank mergers is coming

1 1

The chief executive of Deutsche Bank has predicted a "wave" of European bank mergers, while playing down speculation that he could make a bid for domestic rival Commerzbank.

5h ago

From cityam.com

Debenhams makes first profit since Boohoo rescue

1 1

Debenhams, which was rescued out of administration by Boohoo in 2021, has returned to the black despite its revenue being slashed.

5h ago

From cityam.com

Bank of England: Bailey names 'biggest issue' after tax hikes

1 1

Bank of England governor Andrew Bailey has named the "biggest issue in the immediate future" in the aftermath of the Budget.

8h ago

From cityam.com

Lloyds boss says motor finance scandal poses threat to UK economy

1 1

The boss of Lloyds Bank, Charlie Nunn, has said the rising cost of motor finance claims could have an impact on the UK economy.

14h ago

From cityam.com

Premier Miton: UK equity market still 'out of favour'

1 1

The UK equity market remains "very much out of favour" among investors, Premier Miton said today, as it reported a sharp drop in profit.

16h ago

From cityam.com

Tyson Fury: Firm set up by Gypsy King at risk of being shut down

1 1

A company set up by former world heavyweight boxing champion Tyson Fury to buy, sell and lease real estate is at risk of being shut down.

16h ago

From cityam.com

Centrica and EDF extend lifespan of four UK nuclear power plants

1 1

Ministers see nuclear power as vital to hitting looming emissions targets, given wind and solar power projects are reliant on weather.

17h ago

From cityam.com

Barclays, Natwest and Revolut: Top bankers chew the fat at City summit

1 2

Executives, investors and even royalty turned out for the first day of Financial Times’ annual Global Banking Summit on Tuesday.

on Wed, 1AM

From cityam.com

From porridge to pizza: Junk food ban will have ‘inevitable impact on growth' - advertisers warn

1 2

A pre-watershed ban on advertising junk food will have an “inevitable impact” on the UK’s “wider economic growth”, it has been warned.

on Tue, 9PM

From cityam.com

Changing tune: Now Reeves refuses to rule out future tax rises

0 1

Rachel Reeves has repeatedly declined to guarantee that there will be no more borrowing or tax rises following her first Budget.

on Wed, 1AM

From cityam.com

Pay Ryder Cup players $5m each, says Tiger Woods

0 1

Tiger Woods has said that the Ryder Cup should pay its participants a fee, but that the fee should go to charity.

on Tue, 9PM

From cityam.com

FIA wants key ethics and audit committee rules changes

0 2

The governing body of Formula 1 the FIA wants to change a number of rules to limit how its leadership can be held to account.

on Tue, 7PM

From cityam.com

Tax expert: Bernie Ecclestone may face 'sizeable' tax bill over luxury car sale

0 1

Bernie Ecclestone is set to sell 69 cars from his luxury collection believed to be worth more than £250m, but he may face a tax bill warned a tax adviser

on Tue, 7PM

From cityam.com

CMA takes steps towards probe into BlackRock's acquisition of Preqin

0 1

The British competition regulator takes first steps towards a probe into BlackRock's anticipated £2.55bn acquisition of financial data group Preqin

on Tue, 6PM

From cityam.com

Barclays boss insists Budget has been a 'success' despite gloomy forecasts

0 1

Barclays' chief has insisted the Budget has been a 'success' despite scores of gloomy forecasts over its impact on growth.

on Tue, 5PM

From cityam.com

Households cut essential spending at fastest pace in five years

0 1

According to figures published by Barclays, essential spending fell by 3.1 per cent in November, the sharpest monthly fall since 2019.

on Tue, 3PM

From cityam.com

Microsoft facing £1bn overcharging claim from UK firms

0 2

UK businesses are leading a £1bn legal action against Microsoft over claims the US giant overcharged firms for access to products.

on Tue, 1PM

From cityam.com

Marston's rings in Christmas cheer as profit jumps in 'defining year'

0 1

Pub operator Marston's has surpassed market expectations as pre-Christmas bookings begin to introduce hope for another bumper year of trade.

on Tue, 12PM

From cityam.com

M&S and Waitrose meal deal maker Greencore rebuilds profits

0 1

Meal deal manufacturer Greencore has experienced a "stronger than expected" year of trade as it looks to rebuild profitability.

on Tue, 10AM

From cityam.com

Social medium: Why Gen Z turned to Tiktok tarot readers - City AM

0 1

Gen Z is behind a huge resurgence in the quasi-mystical art of tarot reading. Lucy Kenningham dives into the mystical algorithm

on Tue, 9AM

From cityam.com

Festive period off to a 'bad start' for retail sector as sales drop

0 1

The retail sector suffered a "bad start" to the festive period, even if the sales slump was exaggerated by the timing of Black Friday.

on Tue, 8AM

From cityam.com

UK needs to innovate at wartime pace, defence secretary says

0 1

The UK needs “innovation at a wartime pace”, the defence secretary has said as he announced a new strategy for the industry.

on Tue, 8AM

From cityam.com

The Notebook: Brexit is causing a stink in the world of cheese - City AM

0 1

British cheese is now considered some of the best in the world. After a boom in artisan cheesemaking, Britain produces 1,100 varieties, double the total in France, and many connoisseurs argue it is now superior in quality too. Which meant there were high hopes for British entries at the recent...

on Tue, 8AM

From cityam.com

Lord Mayor criticises ‘misalignment’ of tax in call to unleash the City

0 1

The Lord Mayor will rebuke the government for a “misalignment” in tax policy in a call to revitalise the City and London Stock Exchange.

on Tue, 8AM

From cityam.com

Typhoo Tea takeover: New owner brews cost-cutting turnaround

0 1

With the future of Typhoo Tea secured after it was rescued out of administration, attention is now turning to what could come next.

on Mon, 11PM

From cityam.com

Will our Christmas dinner guests soon be AI chatbots? - City AM

0 1

As AI continues its ceaseless march, we ask whether chatbots will replace relatives around the Christmas dinner table

on Mon, 9PM

From cityam.com

'Good news for insurers' after government ups personal injury discount rate

0 1

Lord Chancellor revealed that the personal injury discount rate will increase to 0.5 per cent, in a move welcomed by the insurance industry

on Mon, 9PM

From cityam.com

Business confidence takes 'decisive turn for the worse' after Budget

0 1

Growth expectations among UK firms turned negative for the first time this year following the government's first Budget, a new survey shows.

on Mon, 5PM

From cityam.com

Stellantis: Shares in Vauxhall owner plunge after boss's shock resignation

0 1

Stellantis last week placed more than 1,000 jobs at risk after announcing plans to close its manufacturing facility in Luton.

on Mon, 3PM

From cityam.com

Tesla back in court after 5G patents licence case was thrown out

0 1

Tesla is back in English court this week as it aims to overturn a ruling that kicked out its 5G patents licence lawsuit

on Mon, 3PM

From cityam.com

Webuyanycar sales plunge by £1bn after slide in used car prices

0 1

Sales at Webuyanycar plunged by almost £1bn during its latest financial year while its profit has also fallen, it has been revealed.

on Mon, 12PM

From cityam.com

Mothercare slumps to loss as market woes in Middle East continue

0 1

Continued difficulties in Mothercare's Middle Eastern markets pushed the firm into the red in the first half of the year.

on Mon, 11AM

From cityam.com

Budget could wipe out 125,000 jobs in family businesses

0 1

The limiting of inheritance tax relief for family-owned businesses in the Budget could cost Britain roughly 125,000 jobs, new research has found.

on Mon, 9AM

From cityam.com

Labour urged to scrap ‘vindictive’ farm tax as Tories set to force vote

0 1

Labour MPs are being urged to scrap “vindictive” changes to inheritance tax on farms, as the Tories prepare to bring a vote on the issue.

on Mon, 6AM

From cityam.com

Ratcliffe feels heat from fans as United enjoy lift-off under Amorim

0 1

Sir Jim Ratcliffe was the subject of protests at ticket prices before Manchester United won a first Premier League game under Ruben Amorim.

on Sun, 8PM

From cityam.com

Bernie Ecclestone puts 'unique' collection of rare cars up for sale

0 2

Bernie Ecclestone is selling his collection of rare F1 and Grand Prix racing cars, believed to be worth in the region of £250m.

on Sun, 7PM

From cityam.com

Typhoo Tea rescued out of administration in £10m deal

0 1

Typhoo Tea has been rescued out of administration by a vapes, batteries and vitamins seller for more than £10m.

on Sun, 7PM

From cityam.com

30th anniversary of VCTs celebrated as 2024 raise approaches £240m

0 1

The total amount of money raised through VCT this tax year is approaching £240m, 20 per cent higher than last year.

on Sun, 5PM

From cityam.com

Tensions flair at Direct Line following Aviva takeover bid

0 1

A battle is brewing within Direct Line over whether to accept any further takeover bids from Aviva, as its CEO begs for more time.

on Sun, 4PM

From cityam.com

UK business leader confidence nosedives towards pandemic lows

0 2

Confidence among business leaders in the prospects for the UK economy nosedived towards levels not seen since the coronavirus pandemic.

on Sun, 4PM

From cityam.com

EY to cut 150 UK consultants as division head steps down

0 1

Big Four accountancy firm EY is set to cut 150 roles in its UK consultancy division and replace one of its most senior executives.

on Sun, 4PM

From cityam.com

Investor row erupts over Loungers private equity bid

0 1

An investor battle has erupted over a private equity bid for Cosy Club and Brightside operator Loungers, with some "furious" over the offer.

on Sun, 3PM

From cityam.com

Trump uses JP Morgan chief Jamie Dimon as 'informal adviser'

0 1

Donald Trump has reportedly used JPMorgan Chase boss Jamie Dimon as a "sounding board" for policy ahead of returning to the White House.

on Sun, 1PM

From cityam.com

Budget: Parents facing 20 per cent childcare fee hike after NIC raid

0 2

The childcare has today warned there will be a “disproportionately adverse” impact on women who want to work and children' s health. 

on Sat, 5PM

From cityam.com

FCA boss says criticism from MPs is not fair

0 1

A report on Tuesday condemned the FCA as “incompetent” and “dishonest” and warned the body needs an urgent overhaul.

on Sat, 4PM

From cityam.com

Daisy Ridley on Star Wars fame: It'd be amazing to feel like a star!

0 1

The Star Wars actor Daisy Ridley on the challenges of living with Graves' Disease, and making her dream film with her husband

on Sat, 3PM

From cityam.com

Peel Hunt swings back to profit despite Budget hit to dealmaking

0 1

Peel Hunt said it swung back into profit in the first six months of its financial year despite the Budget weighing dealmaking in the City.

on Sat, 9AM

From cityam.com

Yorkshire Water hikes dividend despite pollution being 'too high'

0 1

Yorkshire Water has hiked its dividend during the first half of its financial year despite pollution levels remaining "too high".

on Fri, 9PM

From cityam.com

Bank of England warns on threat of global trade barriers

0 2

The Bank of England has warned over the threat of global trade barriers on the stability of the UK’s financial system, .

on Fri, 6PM