Moving Markets Today: Asia Stocks Mirror Wall Street’s Decline, Most AI Stocks Tumble Including Microsoft, Alphabet, and AMD; China’s Factory Activity Contracts, Fed and BOE Meeting in Focus The tech-heavy …
Personal Finance
Labour: We’ll ‘unashamedly champion’ financial services as party plots rulebook reform
Labour has unveiled sweeping plans to shake up financial regulation and boost the growth of the City today as shadow chancellor Rachel Reeves said when the “sector succeeds, we all …
Rachel Reeves and Sadiq Khan tell City A.M. readers: ‘When you succeed, we all succeed’
Rachel Reeves, the Shadow Chancellor, and Sadiq Khan, the Mayor of London, tell City A.M. readers that financial services needs a government on the side of innovation – not in …
Rahm backs Hatton to shine on Saudi LIV Golf Tour
Jon Rahm has backed “fierce competitor” Tyrrell Hatton to help his team win on their inaugural LIV Golf season after the Englishman signed up to the Spaniard’s side. LIV Golf …
Farfetch applies to appoint UK administrator as investors fight Coupang takeover
The directors of online luxury goods retailer Farfetch have applied to the English High Court with an application to appoint an administrator. The company has instructed US law firm Latham …
New visa wage thresholds for foreign workers to come in ‘within weeks’
New visa wage thresholds for foreign workers coming to the UK are set to be enforced “within weeks”, the Home Office has confirmed. Tighter restrictions on immigration will be introduced …
Lawyers question benefit of plan to bring back Employment Tribunal fees
Lawyers have questioned the benefit of a government plan to reintroduce Employment Tribunal fees almost seven years after the Supreme Court declared they were unlawful. The Ministry of Justice (MoJ) …
BGC Partners settles fraud lawsuit against former London partner
US broker BGC Partners has settled a fraud claim it brought against a former long-serving London partner a week before the trial was due to take place. The broker, via …
Yiu runner Sure to leave you feeling Joyful at the Valley
WHILE champion jockey Zac Purton was making hay in the sunshine with six wins at Sha Tin on Sunday, his arch-rival Hugh Bowman was once again having a torrid time. …
Investment trade body open to bigger pay packages for FTSE bosses – report
Fund management trade body the Investment Association has reportedly written to the chairs of FTSE 350 remuneration committees signalling a change in its position on bosses’ pay packages. The news …