It’s been a rough old ride for the shareholders of Amigo Loans. The company began life as a subprime, guarantor lender in 2005 and picked up a load of customers …
Investing
Construction sector delivers growth warning ahead of Budget
The economic growth being promised by the government is in jeopardy unless the Budget delivers a boost for the construction industry, sector leaders have warned. Figures within the construction industry …
Mercury13: Mata-backed women’s football lines up Spanish club
Juan Mata-backed investment group Mercury13 is in advanced negotiations about buying a stake in Spanish top-flight women’s club Levante Badalona. Mercury13, which bought FC Como Women in 2024 before investing …
Autumn Budget Live: FTSE 100 set to rise as tax clouds gather
Good morning, happy Budget day and welcome back to the City AM liveblog. At long last, the day has arrived for the Chancellor’s second Autumn Budget and markets are bracing …
Bond market braces for gilt and sterling tremors
Bond market participants are bracing for a fresh round of turbulence in the aftermath of Wednesday’s Budget, with investors rejigging their exposure to gilts having warned the Chancellor’s fiscal plans …
‘Fiscal rules’ have made Budgets a farce
Chancellors increasingly make policy not on economic grounds, but to satisfy the letter of their own self-imposed fiscal rules, writes Ayushma Maharjan Today, Rachel Reeves will unveil her second Budget. …
Reeves must ignore political wailing and finally cut spending
No amount of wishful thinking can change the economic reality. Reeves must make the hard decisions today, writes James Reed Reeves can no longer ignore economic reality For me, the …
Whatever Reeves announces today, Britain is still paying for lockdown
The Labour Party were great enthusiasts for lockdown, demanding longer and harsher restrictions. The costs of this folly have now caught up with them as the Budget today will demonstrate, …
Shein’s former head of Europe relocates from London to Dubai
The former head of Europe at e-commerce giant Shein has become the latest British executive to relocate to Dubai, City AM can reveal. Cui He, who was director of Europe …
This isn’t a plan for business, it’s a Budget to save Reeves’ job
Sacha Lord, a former advisor to mayor of Manchester Andy Burnham, bitterly regrets calling Labour “the party of business and growth” On 13th of June last year, I was stood …