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Burberry shares surge as US-China tariff deal boosts luxury market
By City AM
The luxury giant's share price rose more than six per cent in early trades. It has risen nearly 20 per cent in the last month
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London Stock Exchange is 'at rock bottom' and 'doesn't have long left', warn fund managers
By City AM
A group of leading fund managers warned that sentiment towards the London Stock Exchange is at rock bottom following a meeting with a Downing Street special adviser.
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Trump's new pharma policy sends GSK and AstraZeneca shares tumbling
By City AM
The President announced the new plans in his latest Truth Social tirade
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'How I created a successful business in two years with minimal investment'
SMEs
Toluwa Oyeleye set up her behavioural change consultancy in 2023 to help workplaces empower staff
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Mayor of London's Oxford Street plan must include 'vital' new feature, 海角视频 business leaders say
By City AM
Sadiq Khan has been told that his plan to pedestrianise Oxford Street must include a key new feature, which is vital to the success of his plan, according to business leaders
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The 5 海角视频 fintechs with the most customer complaints named - full list
By City AM
Revolut and Monzo customers proved to be the most disgruntled customers in the second half of last year, according to the Financial Ombudsman Service (FOS)
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Zara boss calls for crackdown on tax loophole used by Shein and Temu
By City AM
The head of Zara's parent company has called for a US-style crackdown on shipments of small goods in Europe to "level the playing field" between Chinese and European firms
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Octopus Energy and Utility Warehouse among 10 suppliers to pay 拢7m after Ofgem price cap breach
By City AM
The total 拢7m payout - comprising 拢5.6m in direct refunds and nearly 拢1.4m in goodwill payments - follows a compliance review by the energy regulator into pricing practices
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Interest rate reduction by Bank of England set to decrease mortgage costs, analysts predict
By City AM
The Bank of England's decision to cut interest rates is set to encourage major banks to cut mortgages, analysts have predicted
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British Airways owner IAG orders 53 new aircraft as earnings beat estimates
By City AM
The British Airways owner has announced the order of 53 new aircraft for its fleet, alongside better-than-expected first-quarter results
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Ray-Ban owner issues warning after sales fall in 海角视频
By City AM
Luxottica Group, the owner of Ray-Ban, has issued a warning over its performance this year after its 海角视频 sales and profit fell in 2024
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Bank of England cuts interest rates to 4.25%
Economy
The Monetary Policy Committee voted by a majority of five to four to reduce rates
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海角视频 construction industry faces delayed recovery until late 2025, Lords reports
By City AM
Lords, one of the 海角视频's largest building materials suppliers, said it was continuing to focus on delivering efficiencies to deal with cost pressures and "an increasingly onerous regulatory environment" after it reported a downturn in demand
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Paddy Power owner Flutter sees stock drop after gamblers back favourites
By City AM
The group was able to upgrade profit expectations as previous guidance excluded the acquisitions of Snaitech and NSX, as well as changes to exchange rates
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Lloyd's of London appoints new CEO as John Neal successor named
By City AM
Patrick Tiernan has been appointed as the new CEO of Lloyd's of London, with current chief John Neal set to step down at the end of May
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London-based Metro Bank sees share price lift following positive Q1 financial update
By City AM
Metro Bank said profits had increased significantly in the first quarter of 2025 as the embattled lender's turnaround gathers pace
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Bank of England poised to cut interest rates as tariffs to weigh on growth
Economy
The rate is expected to be reduced from 4.5% to 4.25% on Thursday
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Office refurbishments in London hit record costs amid rising demand for high-spec workspaces
By City AM
The average high specification project in London costs 拢4,671 per square metre, four per cent higher than runner-up New York and eight per cent higher than third-place Zurich
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Trainline shares lose further ground despite near 拢6bn ticket sales
By City AM
Trainline's stock price has fallen by more than a third this year due to concerns over government plans to launch a rival state-owned service
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Vodafone's chief financial officer Luka Mucic to quit the firm after just 18 months
By City AM
Luka Mucic will leave the FTSE 100 company "no later than" the spring of 2026, at which point he will have been chief financial officer for just over three years in total
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Palatine backs AI and data consultancy Atombit as it makes three acquisitions
Technology
Private equity firm vows to help new partner build 'world-class platform for growth'
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London prime property market remains stable despite headwinds, Savills data shows
By City AM
Sales of properties priced above 拢5m have remained stable in the capital, according to Savills, with 93 sold in the first quarter of the year compared to 92 in the same period of 2024.
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Deliveroo agrees terms of 拢2.9bn takeover by US rival DoorDash
By City AM
The offer of 180p per share represents a premium of 44 per cent on Deliveroo's closing share price on the day prior to the acquisition, and a 40 per cent premium on its average price for the prior three months
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Half of all 海角视频 profit warnings in April blamed on Donald Trump's trade war
Finance
The latest profit warning report from EY-Parthenon lay bare the impact of tariff increases and the escalating trade battle with China
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