London-based retail investment platform PrimaryBid is reportedly preparing to cut its UK consumer app as the fintech struggles with a dearth of stock market activity in the capital. The London …
Estate Planning
Richard Branson ‘set for £650m payout’ from potential Nationwide takeover of Virgin Money
Sir Richard Branson is set to receive upwards of £650m from a potential takeover of his challenger bank Virgin Money by Nationwide, it has been estimated. The two lenders announced …
Berkeley and Persimmon to reveal housebuilder pain of interest rate hikes
UK housebuilders are set to shed light on the state of the fragile property market amid a number of key updates from firms next week. Shareholders are braced to see …
The Punter Summary Podcast – Cheltenham Festival Tuesday
Here’s your chance to discover all of City AM racing editor Bill Esdaile’s selections for Tuesday at the Cheltenham Festival in a short summary episode of ‘The Punter Podcast’ alongside …
Morgan Stanley to stay in Canary Wharf in boost to struggling banking district
Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district, according to reports. The American investment bank, which began looking …
Reeves: ‘Under no illusions’ about public finances – but we’ll spend anyway
Rachel Reeves pledged an “initial injection” of funding into public services should her Labour party take power in the next election, despite the perilous state of the public finances. The …
US inflation top of the agenda with Fed interest rate cuts ‘not far’ away
The latest US inflation figures will dominate markets’ attention this week as investors look for signals on when central banks will start cutting interest rates. Inflation has fallen sharply across …
‘Ticket sales alone can’t save London theatre – the 2024 budget is a lifeline’
Sofi Berenger, Executive Producer and Acting CEO of the King’s Head Theatre, on how the 2024 budget announcement was a “huge win” for London theatre On 6th March, the announcement …
Public investment in Canary Wharf is a vote of confidence in British business
British life sciences are a beacon of hope with the power to transform lives, but to realise their full potential, the public and private sectors must work together, says minister …
Rail strikes, fare hikes and European growth: What to expect from Trainline next week
Trainline investors will get a first indication of the ticket seller’s 2024 performance in a trading update next Thursday. Shares in Trainline have risen over 20 per cent in the …