Large listed companies came under increasing financial strain over 2023, new figures show, as the burden of higher interest rates weighed heavily on corporate balance sheets. In the final quarter …
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Rise of long-term sickness deepens regional inequalities, report finds
The rise in long-term sickness is deepening existing health inequalities and hampering the labour market’s post-pandemic recovery, new research suggests. Rising inactivity due to ill-health has been a worrying trend …
London house prices: Best time to buy since 2016, experts say, but it won’t last
House prices in London will become more affordable this year, according to a new report, but the capital has been warned not to “get carried away” amid a frenzy of …
American adventure continues for Domestic & General as it makes second acquisition
International appliance care specialist Domestic & General (D&G) has made its second US acquisition following a $75m deal last year. The group, which has a revenue of nearly £1bn and …
Staggering 90 per cent of £500k-a-year professionals denied a mortgage
Corporate high-flyers making more than half a million pounds per year are being knocked back for mortgages, a new report has found. Data, shared with City A.M by financial services …
BT heads to court to fight £1.3bn class action
Telecoms giant BT is set to appear in court today as it faces a £1.3bn class action over allegations it has “disproportionately overcharged” its landline customers, many of whom are …
Investors to focus on AI and antitrust issues as Amazon, Apple and Meta line up to report
Microsoft, Meta, Apple, Amazon and Google owner Alphabet are set to report quarterly earnings this week amid a bullish streak for the tech mega-caps in the S&P 500. The US …
Number of SMEs ‘going green’ has doubled – but it hasn’t been easy
The number of UK small and medium-sized enterprises (SMEs) that have “gone green” doubled last year, research shared exclusively with City A.M. has found, but it wasn’t an easy feat. …
Labour would host annual investment summit if elected, vows Jonathan Reynolds
Labour would host an annual business summit in a bid to showcase Britain as a global investment destination, if elected into power, Jonathan Reynolds has pledged. The party’s shadow business …
London is a top global financial centre – but let’s not get complacent
London may currently hold the top position, but solid policy and reforms are urgently required, writes Chris Hayward Following Brexit, Covid and high-inflation woes, the UK economy is crying out …