Investors have flocked to UK government debt, hoping to lock in higher yields before the Bank of England starts lowering interest rates later this year. The UK Debt Management Office …
Personal Finance
PMQs sketch: ‘Healer’ Sunak’s medicine proves placebo for fractious Tories
Facing one another down from their opposing green benches, it didn’t require any unique insight to pinpoint what Sir Keir Starmer would lead his weekly grilling of Rishi Sunak on. …
‘Lab to fab’: Semiconductor firms welcome UK entry to EU chip research scheme
Semiconductor firms have welcomed the UK’s entry to an EU funding pot for collaboration on “critical” chip research. Ministers confirmed the UK will join Horizon Europe’s ‘Chips Joint Undertaking’ (CJU), …
This London AI tech firm is set to benefit from a £3.4bn NHS spending injection
London-based software firm Kainos is set to benefit from an increase in spending on information technology by the UK’s National Health Service (NHS) starting in the financial year 2025, analysts …
Embattled miner Ferrexpo postpones results indefinitely as legal claims continue
Embattled mining firm Ferrexpo has delayed the release of its financial results as various legal action against it remains ongoing. In a statement published yesterday, the iron ore pellet producer …
Virgin Active to ‘refocus on growth’ after losses of nearly £150m revealed
Virgin Active is to “refocus on growth” after seeing its losses widen to nearly £150m despite its revenue jumping by almost 50 per cent. The Richard Branson-backed company has finally …
The Punter Summary Podcast – Cheltenham Festival Friday
Here’s your chance to discover all of City AM racing editor Bill Esdaile’s selections for Gold Cup Day at the Cheltenham Festival in a short summary episode of ‘The Punter …
EP: 259 Cheltenham Festival – Friday
Gold Cup Day is for many fans the highlight of the Cheltenham Festival with last year’s champion Galopin Des Champs hoping to retain his title in the Grade 1 event. …
Tom Hayes and Carlo Palombo: Criminal appeal to start for ex-UBS and Barclays traders convicted of rigging
Former bankers Tom Hayes and Carlo Palombo who spent years in prison over Ibor manipulation are back in court this week as their cases will be heard at the Court …
Mercia’s venture capital trusts raise £60m as investors bulk up exposure to private businesses
Mercia Asset Management has raised £60m for three of its venture capital trusts focused on the North of England. In September, the trusts launched a share offer for £42m, with …