Mercedes drivers Lewis Hamilton and George Russell have welcomed suggestions that Sebastian Vettel could return to Formula 1 and join the team next year. Four-time champion Vettel, 36, revealed this …
Retirement Planning
Bank of England survey: Wage growth expectations ease in boost for interest rate cut hopes
Finance chiefs at UK firms expect wages to rise at their slowest pace in nearly two years over the coming 12 months in a boost to the Bank of England’s …
Johnny Mercer challenges demand to disclose Afghan whistleblower names – and could face jail if he refuses
Johnny Mercer has said he is appealing against having to disclose the names of whistleblowers who he said alerted him to alleged special forces murders in Afghanistan. The veterans minister …
Competition watchdog escalates probe into Vodafone-Three tie-up
Britain’s competition watchdog has today referred the proposed tie up of Vodafone and Three UK for an in-depth investigation, as expected, and has appointed an inquiry panel to conduct the …
UK services sector continues to grow driving fears of ‘sticky’ inflation
The UK’s all-important services sector lost some momentum in March but its strong start to the year remained broadly intact, according to a closely watched survey. S&P’s purchasing managers’ index …
UK investors pour record amounts into US equity funds as they continue to flee the London Stock Exchange
New data has revealed that UK investors have pumped record amounts of cash into US equity funds this year while pulling cash from the domestic market, in another troubling sign …
Baillie Gifford’s Schiehallion offsets concerns about private company values with NAV growth
Schiehallion, the Baillie Gifford private equity investment trust, said on Thursday that during the financial year to 31 January 2024, its ordinary share net asset value (NAV) returned negative 0.9 …
Future: Marie Claire and Country Life publisher returns to growth as mags continue to sell
Shares in Future climbed over 11 per cent on Thursday morning after the media group said it returned to revenue growth in its second quarter as its Go Compare price …
Gulf Marine Services upgrades outlook again and raises prospect of a dividend as oil sector booms
Oil field service provider Gulf Marine Services (GMS) has posted a strong set of end-of-year results, with net profit, revenue, and margins all up and its debt burden coming down. …
Worst Corporate Jargon of the Week: Talent
Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and …