Lloyds Banking Group said on Thursday morning it would “likely… be required” to hike its motor finance provisions following further updates on the regulatory redress scheme. The FTSE 100 banking …
Investing
Exclusive: Warrington Wolves to announce record shirt deal
Super League side Warrington Wolves are today expected to announce a record deal with existing front-of-shirt sponsor Hoover, City AM can reveal. The Wire will see their agreement with the …
FTSE 100 Live: AJ Bell results, gold rushes to fresh highs
Good morning from the City AM liveblog team. While the FTSE has been on a tear since the start of the year, there’s no denying that the glittering allure of …
My dozen questions to get inside the minds of English cricket fans
An invitation from the England and Wales Cricket Board arrives, forwarded by Middlesex Cricket. A survey no less, and one with a laudable aim – to find out what it …
The FCA’s refusal to regulate AI is pushing the problem onto City firms
The FCA claims it does not regulate technology, only outcomes, but this line of thinking can only go so far with AI, writes Omar Salem “Read my lips: no new …
Big Technologies board made ‘outrageous allegations’ about me, says ousted founder
The founder of a London-listed tech firm has hit back after she was ousted by her own board, describing misconduct allegations levelled against her as “outrageous.” In a rare public …
Labour’s unemployment benefit reforms could ‘save £3bn a year’
A government proposal to replace the unemployment benefits system with an “unemployment insurance” benefit could save the government up to £3bn a year despite being higher than the current new …
The Capitalist: Tories disco through decline, trouble at Harper Collins and Mishcon’s ‘party from hell’
Tory Conference, chaos at Harper Collins and Mishcon de Reya’s “party from hell”; catch up on the latest gossip in this week’s The Capitalist Tories disco through decline Despite lagging …
Off the menu: Domino’s is UK’s most shorted company
Delivery franchise Domino’s Pizza is the UK’s most shorted public company despite the beleaguered franchise having launched a major buyback to prop up its share price last month. The FTSE …
Business confidence slumps to three-year low as tax fears ‘quash risk-taking’
Business confidence has plummeted to its lowest level in three years, an industry body’s leading quarterly survey has found, as rising tax fears ahead of the Budget are “quashing” investment …