A profit warning by the parent of luxury brand Gucci has reverberated across the global luxury goods sector, sending shares in both the firm and its peers tumbling. Shares in…
The Government is to be called on to take the operation of the West Coast Main Line into public hands and terminate Avanti’s contract. At a board meeting of Transport…
More than 400 jobs have been saved after a raft of companies across a manufacturing group were sold out of administration. Interpath Advisory was appointed to oversee the process at…
Bosses from the UK’s biggest high street banks have told MPs that social media companies could do more to prevent the increasing amount of fraud originating on their platforms. UK…
The independence of the US Federal Reserve may come under threat from ballooning government deficits, according to a leading analyst. Liberum’s Joachim Klement argued the Federal Reserve may have to…
Jeremy Hunt has suggested the state pension triple lock may be on the way out. The chancellor made the comments yesterday in front of the House of Lords Economic Affairs…
Last night, Shadow Chancellor Rachel Reeves delivered the prestigious Mais Lecture. She wasn’t the first female Labour shadow Chancellor to make the address, as that honour went to her predecessor…
The Bank of England has increased its IT budget to nearly £100m, while its staff are sharing an almost-£50m pot, City A.M. can reveal. The data, obtained by the think…
A fresh round of train strikes are set to be staged next month with drivers across 16 companies preparing to walk out as part of a long-running dispute over pay.…
Railsr, the fintech company chaired by former chancellor Philip Hammond, has confirmed it’s been running the rule over rival Equals Group. Equals confirmed that as part of an ongoing strategic…