The UK’s highest court has upheld a decision that England has the right to block a Gazprom unit’s Russian lawsuit against Italian bank UniCredit. RusChemAlliance (RCA), a subsidiary of Russian…
Natwest shareholders have approved the bank’s proposal to buy more of its stock from the government to accelerate its privatisation, potentially leaving the Treasury with fewer shares to offer retail…
The Bank of England’s chief economist struck a middle ground on the question of when to cut interest rates, suggesting that rate reductions were “somewhat closer” than at the Bank’s…
Rishi Sunak’s Rwanda plan finally passed late last night, two-and-a-bit torturous years after his predecessor, Boris Johnson, first floated the idea of sending asylum seekers to the East African nation.…
The capital’s cultural institutions have finally twigged that most people who appreciate world-class art also know a thing or two about eating well. It’s seen a boom in gallery restaurants…
Cathie Wood, CEO of the infamous American tech investment firm ARK, has told City A.M. she is still bullish on Tesla and Elon Musk despite the company’s poor performance and…
Jeremy Hunt’s hopes of another big round of pre-election tax cuts are looking more and more unlikely after this morning’s borrowing figures. Weaker-than-expected tax revenue meant the government borrowed £11.9bn…
Copper gains at London-listed miner Anglo American have been offset by a sharp cut to its diamond output as demand still fails to pick up. The company’s De Beers division…
Revolut is planning to monetise customer data through advertising partnerships as the firm looks to diversify revenue streams on its path to more sustainable profitability. The London-based company has hired…
Silicon manufacturer Alphawave Semi has said that licensing fees for its semiconductor technology rose to $154m (£124.6m) in 2023, marking a 222 per cent year on year increase as demand…