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News

  • May 25, 2024

‘Customers can’t afford to pay’: Fears for London’s hospitality scene mount before general election

Fears for London’s hospitality scene are mounting among restaurant and pub owners, as many reveal they are still trading below pre-pandemic levels due to red hot supply costs and pressures on consum

  • May 24, 2024

BoJ Faces Dilemma: Hiking Rates into Economic Weakness as Inflation Path Wavers

A worsening economic backdrop, declining consumer spending and a lack of progress in the desired wage-price spiral hampers the BoJ amid future rate hikes

  • May 24, 2024

Gold Prices Sink, Support Breakdown Heralds More Weakness; XAU/USD Key Levels

This article explores gold’s technical and fundamental outlook, discussing potential scenarios that could play out over the coming days and weeks.

  • May 24, 2024

Royal Mail owner finally delivers annual results… and news of an Ofcom probe

Regulators have launched an investigation into Royal Mail after it delivered less than three quarters of first class post on time in the last year.

  • May 24, 2024

‘A tumultuous time’: The ups and downs of Bird’s time at the top of Abrdn

While Abdrn chairman Douglas Flint praised the outgoing chief this morning for having spearheaded a fundamental reshaping of the company, analysts suggest his legacy is, at best, mixed.

  • May 24, 2024

‘He was a consonant force’: The five best psstk social media posts about Abrdn chief’s exit

The City has given outgoing Abrdn chief Stephen Bird a vowel-stripped send off today after the fund chief announced he would be stepping down after four years at the top.

  • May 24, 2024

KPMG: UK and Swiss partners vote ‘overwhelmingly’ for £3.5bn merger

Big Four KPMG UK and Swiss partners have voted "overwhelmingly" in favour of merging to become a $4.4bn business

  • May 24, 2024

Artificial Intelligence expert Nina Schick talks weaponisation of AI, deepfake and the elections

Nina Schick, an AI Advisory Council Member at Qlik, explains to City A.M. news editor Emmanuel Nwosu how we are only "at the beginning of the AI revolution" and how it will "change everything".

  • May 24, 2024

Elizabeth Line turns two: The highs, the lows and the future for London’s favourite route

The Elizabeth Line turns two years old today and it has been a rare success story in Britain's infrastructure scene.

  • May 24, 2024

Abrdn launches succession plan as chief executive Stephen Bird steps down

Asset manager Abrdn is on the hunt for a new leader after it announced today that Stephen Bird will be stepping down as chief executive.

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