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    Auto finance industry could face £16bn in compensation payouts from FCA probe

    January 25, 20240346 views

    UK auto lenders could be hit by up to £16bn in compensation payments after the City watchdog confirmed its probe in historic commission arrangements would look at cases going back…

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    FTSE 100: Markets dip lower ahead of ECB meeting, IG group shares plunge

    January 25, 20240318 views

    London’s FTSE indexes opened lower on Thursday as wariness about the likely path of interest rates resurfaced ahead of the European Central Bank’s (ECB) latest decision. The FTSE 100 dipped…

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    Worst corporate jargon of the week: Bandwidth

    January 25, 20240304 views

    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…

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    Workspace: London office provider’s chief to retire after 16 years at the helm

    January 25, 20240313 views

    Flexible office provider Workspace will kick off the recruitment process for a new chief executive, following the retirement of its current boss.  Graham Clemett, who has served nearly 16 years…

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    Ed Warner: What politicians get wrong on policy and how I would fix it

    adminJanuary 25, 20240395 views

    Britons may now be only four months away from their day in the polling booth. Policy wonks will be doing their wonking, party manifestos in early draft form, PR grids…

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    Treasury changes will hit angel and small investors ‘hard’ – with start-ups fearing the worst

    adminJanuary 25, 20240342 views

    Hundreds of start-up and tech investors launched a pressure campaign on the Chancellor Jeremy Hunt over plans to redefine a key segment of the market, which they claim could potentially…

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    St James’s Place brings in £5.1bn of new money as funds swell by £20bn

    adminJanuary 25, 20240367 views

    St James’s Place brought in £5.1bn in inflows throughout 2023, staying well above water but still experiencing a decline from its £9.8bn in new money in 2022. In a stock…

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    Fuller’s: Pub chain in ‘great shape’ after strong 2023 topped off by bumper Christmas

    adminJanuary 25, 20240405 views

    Pub and hotel chain Fuller, Smith & Turner, reported strong Christmas and New Year sales driving growth last year. Fuller’s, which operates almost 400 pubs and inns, said in the…

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    Wizz Air losses mount as Israel-Gaza war and Pratt & Whitney engine issues bite

    adminJanuary 25, 20240359 views

    Wizz Air said it had swung to a loss in the last quarter as supply chain issues at a key engine provider and costs associated with the Israel-Gaza conflict hit…

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    Higher-for-longer London rents and bumped-up property prices leaves Foxtons optimistic for 2024

    adminJanuary 25, 20240690 views

    Estate agents Foxtons has said rent hikes and demand for tenants to get on the property ladder helped drive its revenue to £147m for the full year.  In an update…

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