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News

  • May 24, 2024

Coventry Building Society and Co-op Bank £780m tie-up confirmed

The combined group will be led by David Thorburn as Chairman and Steve Hughes as Chief Executive Officer.

  • May 24, 2024

Wood Group rejects latest takeover bid from Dubai-based suitor Sidara

Energy services firm Wood Group has rejected a third bid from Dubai-based suitor Sidara today on the grounds it “significantly “undervalues the firm.

  • May 24, 2024

House of Representatives pass clarity-seeking FIT21 bill with bipartisan support

On Wednesday, the US House of Representatives voted on the Financial Innovation and Technology for the 21st Century Act (FIT21) bill. The bill passed 279 to 136, with support from both Republicans and

  • May 24, 2024

HMRC tax dispute with EY over Tory donor’s affairs on hold for settlement talks

HMRC's tax dispute with accounting firm EY and Jamie Ritblat, a British property investor and Tory donor, has been placed on hold as settlement talks take place, City A.M. has learned.

  • May 24, 2024

What does cooling inflation mean for house prices and mortgage rates?

Inflation cooled to the lowest level in nearly three years in April, but what exactly does it mean for Britain’s housing market?

  • May 24, 2024

British ISA plans thrown into doubt by Sunak’s election call

A number of the government’s flagship City reform efforts including the roll-out of the British ISA and so-called Pisces private market have been thrown into doubt by Rishi Sunak’s gamble to hold

  • May 24, 2024

Rise in consumer confidence gives hope for summer spending boost

UK consumer confidence rose by two points in May in a sign that Brits are becoming increasingly hopeful about their financial position ahead of the summer months.

  • May 24, 2024

FTSE 100 today: Footsie to open lower amid political uncertainty and wavering rate cut bets

Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.

  • May 23, 2024

Japanese Yen Sentiment Analysis & Outlook – USD/JPY, EUR/JPY, GBP/JPY

This article explores retail sentiment on the Japanese yen through an analysis of USD/JPY, EUR/JPY, and GBP/JPY. Moreover, we consider potential near-term scenarios based on market positioning and con

  • May 23, 2024

Gold Price Outlook: XAU/USD Turns on Hawkish Fed, Stronger USD and Yields

Gold loses it shine after a Hawkish Fed and firmer USD Pressure XAU/USD. The precious metal is set for its worst week since December, as bulls waver. Will PCE data extend the slide?

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