City A.M.
Can Monzo and Revolut dominate UK fintech with 'super apps'?
- Title
- Can Monzo and Revolut dominate UK fintech with 'super apps'?
- Runtime
- 2:15
- Date posted
- 10 months ago
- Description
- Monzo and Revolut are changing the game with their plans to build “super apps”.
For Revolut, this has included the launch of its hotel booking platform “Stays” in 2021, its crypto network in 2024 and mobile services in 2025.
Now, Monzo has hopped on the mobile market ship with confirmation that the group is exploring plans to offer phone services.
Consumers have responded to this with open arms, with Monzo boasting over 13 million users and Revolut recently surpassing banking giant HSBC with over 50 million customers globally.
However, the push to diversify is beyond just a gimmick – and for many fintech firms, it could be an existential mission.
Read more of the story here 👇
https://www.cityam.com/monzo-to-follow-revolut-and-klarna-with-launch-of-mobile-service/
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- Title
- Will Rachel Reeves’ tax hikes drive non-doms out of the UK?
- Runtime
- 1:17
- Date posted
- 10 months ago
- Description
- One of the hardest political questions of the year is: How many non-doms have left, or are planning to leave, the UK?
Warnings have been sounding out from the ranks of accountants, advisers and lawyers that there would be an exodus of high-worth individuals the moment the tax changes were brought in.
There’s even been a lobbying group for non-doms – the first of its kind – called Foreign Investors for Britain, which tried and failed to secure a new golden visa-type scheme.
Click the related video link for more from City AM's chief reporter, Ali Lyon ▶️
#uk #news #economics #economy #finance #personalfinance #tax #money #business #businessnews #politics #politicalnews #labour #labourparty #rachelreeves #reeves #nondoms #ukeconomy #ukfinance #ukbusiness #ukpolitics #uknews
- Title
- Will the UK middle class suffer from Reeves' inheritance tax raid?
- Runtime
- 1:11
- Date posted
- 10 months ago
- Description
- The UK government needs to raise a lot of money, and fast. However, they’ve also promised not to target certain headline personal taxes.
So, will Chancellor Rachel Reeves plug a roughly £50bn fiscal black hole with taxes on wealth?
Well, reports are emerging that the Chancellor is planning a crackdown on Inheritance Tax, in particular on gifting cash. At the moment, as long as a cash gift is made more than seven years before death, it’s entirely tax-free.
However, it’s not just the super-rich who are gifting chunks of their estates before they die; it’s the middle-income taxpayers too.
Click the related video link for more on this story ▶️
#uk #news #middleclass #politics #labourparty #rachelreeves #autumnbudget #economics #economy #finance #personalfinance #tax #inheritancetax #money #business
- Title
- Will Rachel Reeves’ tax hikes drive non-doms out of the UK?
- Runtime
- 2:15
- Date posted
- 10 months ago
- Description
- One of the hardest political questions of the year is: How many non-doms have left, or are planning to leave, the UK?
Warnings have been sounding out from the ranks of accountants, advisers and lawyers that there would be an exodus of high-worth individuals the moment the tax changes were brought in.
There’s even been a lobbying group for non-doms – the first of its kind – called Foreign Investors for Britain, which tried and failed to secure a new golden visa-type scheme.
Read more from City AM's chief reporter, Ali Lyon, here 👇
https://www.cityam.com/profile/alilyon/
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Produced by: Ali Lyon, Scarlett Wild, Matt Kenyon, Emmanuel Nwosu
#uk #n...
- Title
- Will the UK middle class suffer from Reeves' inheritance tax raid?
- Runtime
- 2:26
- Date posted
- 10 months ago
- Description
- The UK government needs to raise a lot of money, and fast. However, they’ve also promised not to target certain headline personal taxes.
So, will Chancellor Rachel Reeves plug a roughly £50bn fiscal black hole with taxes on wealth?
Well, reports are emerging that the Chancellor is planning a crackdown on Inheritance Tax, in particular on gifting cash. At the moment, as long as a cash gift is made more than seven years before death, it’s entirely tax-free.
However, it’s not just the super-rich who are gifting chunks of their estates before they die; it’s the middle-income taxpayers too.
Read more of the story here 👇
https://www.cityam.com/rumoured-changes-to-inheritance-tax-gifting-spark-concern-for-middle-class/
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- Title
- Why Labour might have to bail out the UK’s biggest water supplier
- Runtime
- 0:59
- Date posted
- 10 months ago
- Description
- Thames Water is set to run out of money entirely within a year – unless there is some kind of long-term financial lifeline.
So, how did the supplier of a quarter of the UK population’s water go so wrong? And is the government about to step in to bail it out?
The company has accumulated an almost incomprehensible 20 billion pounds of debt. As of the end of June this year, Thames Water had 424 million pounds in available cash and cash equivalents.
However, by mid-August, the firm had withdrawn 872 million pounds from the first portion of the super senior facility loan.
Click the related video link for more on this story ▶️
#uk #news #politics #politicalnews #labour #labourparty #rachelreeves #reeves #business #businessnews #finance #financialnews #money #tax #personalfinance #energy #water #thameswater #utilitybills
- Title
- Why Labour might have to bail out the UK’s biggest water supplier
- Runtime
- 1:47
- Date posted
- 10 months ago
- Description
- Thames Water is set to run out of money entirely within a year – unless there is some kind of long-term financial lifeline.
So, how did the supplier of a quarter of the UK population’s water go so wrong? And is the government about to step in to bail it out?
The company has accumulated an almost incomprehensible 20 billion pounds of debt. As of the end of June this year, Thames Water had 424 million pounds in available cash and cash equivalents.
However, by mid-August, the firm had withdrawn 872 million pounds from the first portion of the super senior facility loan.
Read more of the story here 👇
https://www.cityam.com/thames-water-to-run-out-of-money-as-soon-as-september-2026/
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- Title
- Why Trump teased a second Ukraine summit hours before meeting Putin
- Runtime
- 1:04
- Date posted
- 10 months ago
- Description
- European leaders, including Sir Keir Starmer, could attend a second meeting with Donald Trump, Vladimir Putin and Volodymyr Zelensky, which could bring the war in Ukraine to an end, the US president has said.
On the eve of the summit, Mr Trump said leaders from Europe, which could include members of the so-called “coalition of the willing” that have supported Ukraine, could attend a subsequent meeting if the event in Alaska on Friday is successful.
The Prime Minister has been a key player in the group, which has also included French President Emmanuel Macron and German Chancellor Friedrich Merz.
Speaking to reporters in the Oval Office at the White House, Mr Trump said: “We have a meeting with President (Vladimir) Putin tomorrow, I think it’s going to be a good meeting."
Click the related video link for more on this story ▶️
#trump #putin #zelensky #donaldtrump #vladimirputin #volodymyrzelensky #jdvance #usa #...
- Title
- Why Trump teased a second Ukraine summit hours before meeting Putin
- Runtime
- 2:23
- Date posted
- 10 months ago
- Description
- European leaders, including Sir Keir Starmer, could attend a second meeting with Donald Trump, Vladimir Putin and Volodymyr Zelensky, which could bring the war in Ukraine to an end, the US president has said.
On the eve of the summit, Mr Trump said leaders from Europe, which could include members of the so-called “coalition of the willing” that have supported Ukraine, could attend a subsequent meeting if the event in Alaska on Friday is successful.
The Prime Minister has been a key player in the group, which has also included French President Emmanuel Macron and German Chancellor Friedrich Merz.
Speaking to reporters in the Oval Office at the White House, Mr Trump said: “We have a meeting with President (Vladimir) Putin tomorrow, I think it’s going to be a good meeting.
Read more of the story here 👇
https://www.cityam.com/trump-teases-second-ukraine-summit-hours-before-putin-meeting/
Get more of City AM ...
- Title
- What are Londoners spending the most money on? 😳
- Runtime
- 1:21
- Date posted
- 10 months ago
- Description
- City AM ventured into the City of London to ask workers about the most expensive things they bought in 2025.
Head over to www.cityam.com to read stories on personal finance.
#uk #london #londonlife #londoners #economics #economy #finance #personalfinance #money #moneymanagement #moneymindset #budget #budgeting #costofliving #costoflivingcrisis #voxpop #streetinterview
- Title
- Why British productivity is low when the UK economy grew
- Runtime
- 1:05
- Date posted
- 10 months ago
- Description
- The UK economy has grown. However, Brits have been warned not to get too carried away.
In official data released on Thursday, the Office for National Statistics (ONS) said GDP grew by 0.3 per cent in the second quarter of the year, compared to the 0.7 per cent growth in the first three months of the year.
There were contractions in April and May after President Trump’s tariff war and higher taxes threatened the UK economy. But growth of 0.4 per cent in June pushed GDP figures higher, with construction enjoying the largest gains.
UK Chancellor Rachel Reeves said the latest figures were positive for Britain. She claims her policies aimed at getting the UK building are fuelling growth.
Click the related video link for more on this story ▶️
#uk #news #economy #economics #finance #financialnews #personalfinance #money #tax #business #businessnews #businessgrowth #productivity #politics #politicalnews #labour #labourp...
- Title
- Why British productivity is low when the UK economy grew
- Runtime
- 2:41
- Date posted
- 10 months ago
- Description
- The UK economy has grown. However, Brits have been warned not to get too carried away.
In official data released on Thursday, the Office for National Statistics (ONS) said GDP grew by 0.3 per cent in the second quarter of the year, compared to the 0.7 per cent growth in the first three months of the year.
There were contractions in April and May after President Trump’s tariff war and higher taxes threatened the UK economy. But growth of 0.4 per cent in June pushed GDP figures higher, with construction enjoying the largest gains.
UK Chancellor Rachel Reeves said the latest figures were positive for Britain. She claims her policies aimed at getting the UK building are fuelling growth.
Read more of the story here 👇
https://www.cityam.com/uk-economy-grows-faster-than-expected-in-june/
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- Title
- Labour will not ban VPNs: Is the UK Online Safety Act threatening 'free speech'?
- Runtime
- 1:05
- Date posted
- 10 months ago
- Description
- Tech secretary Peter Kyle has pushed back against a damning US government report accusing the UK of backsliding on human rights and curbing freedom of expression under Labour.
The annual State Department dossier, published on Tuesday, warned that Britain’s human rights record had “worsened during the year” amid “serious restrictions on freedom of expression”, and singled out the government’s new Online Safety Act as a key factor.
The report said the UK had urged technology companies, including major US social media platforms, to “censor speech deemed misinformation or ‘hate speech’”, and cited claims of a “two-tier justice system” following the Axel Rudakubana killings, calling it “an especially grievous example of government censorship” against ordinary citizens.
Kyle hit back on Thursday, telling the LBC that the UK has “fantastic” and “historic” measures.
Click the related video link for more on ...
- Title
- Labour will not ban VPNs: Is the UK Online Safety Act threatening 'free speech'?
- Runtime
- 2:03
- Date posted
- 10 months ago
- Description
- Tech secretary Peter Kyle has pushed back against a damning US government report accusing the UK of backsliding on human rights and curbing freedom of expression under Labour.
The annual State Department dossier, published on Tuesday, warned that Britain’s human rights record had “worsened during the year” amid “serious restrictions on freedom of expression”, and singled out the government’s new Online Safety Act as a key factor.
The report said the UK had urged technology companies, including major US social media platforms, to “censor speech deemed misinformation or ‘hate speech’”, and cited claims of a “two-tier justice system” following the Axel Rudakubana killings, calling it “an especially grievous example of government censorship” against ordinary citizens.
Kyle hit back on Thursday, telling the LBC that the UK has “fantastic” and “historic” measures.
Read more of the story here 👇
ht...
- Title
- How will Labour tightening inheritance tax rules impact UK growth?
- Runtime
- 1:10
- Date posted
- 10 months ago
- Description
- Plans to tighten inheritance tax rules on gifting and passing assets on to family members before death would damage UK growth and could lead to “regret” within the government, Labour has been warned.
Treasury officials are reportedly considering changing rules which allow Brits to pass on assets to younger family members over seven years before they die tax-free.
The “taper relief” tax rates on gifts made seven years before someone dies, which increase to 32 per cent if gifts are given three years before the day the person dies, could also be partly replaced with a lifetime cap on the amount of cash or assets individuals can donate, according to a source quoted by The Guardian.
But leading analysts at Hargreaves Lansdown, which is working with the Treasury on a drive to increase retail investment, have suggested that Labour may “come to regret” making complex changes to inheritance tax in the autumn as part of an effort to plug a £40b...
- Title
- How will Labour tightening inheritance tax rules impact UK growth?
- Runtime
- 2:41
- Date posted
- 10 months ago
- Description
- Plans to tighten inheritance tax rules on gifting and passing assets on to family members before death would damage UK growth and could lead to “regret” within the government, Labour has been warned.
Treasury officials are reportedly considering changing rules which allow Brits to pass on assets to younger family members over seven years before they die tax-free.
The “taper relief” tax rates on gifts made seven years before someone dies, which increase to 32 per cent if gifts are given three years before the day the person dies, could also be partly replaced with a lifetime cap on the amount of cash or assets individuals can donate, according to a source quoted by The Guardian.
But leading analysts at Hargreaves Lansdown, which is working with the Treasury on a drive to increase retail investment, have suggested that Labour may “come to regret” making complex changes to inheritance tax in the autumn as part of an effort to plug a £...
- Title
- Will Trump concede Ukrainian land to Russia in peace talks with Putin?
- Runtime
- 1:14
- Date posted
- 10 months ago
- Description
- On Friday, Vladimir Putin will visit the US for the first time since 2015, and it’ll be the first meeting with a US president since the Russian invasion of Ukraine in 2022.
In the meantime, world leaders will be taking part in a frantic, omnidirectional network of video calls to frame the terms of the summit.
Donald Trump has described the summit as a “feel-out meeting” to end the war in Ukraine, but he has also warned that there may be “some swapping, some changes in land”.
Click the related video link for more on this story ▶️
#donaldtrump #vladimirputin #volodymyrzelensky #jdvance #usa #russia #ukraine #ukrainewar #russiaukrainewar #news #politics #economics #economy #finance #business #worldnews
- Title
- Will Trump concede Ukrainian land to Russia in peace talks with Putin?
- Runtime
- 2:38
- Date posted
- 10 months ago
- Description
- On Friday, Vladimir Putin will visit the US for the first time since 2015, and it’ll be the first meeting with a US president since the Russian invasion of Ukraine in 2022.
In the meantime, world leaders will be taking part in a frantic, omnidirectional network of video calls to frame the terms of the summit.
Donald Trump has described the summit as a “feel-out meeting” to end the war in Ukraine, but he has also warned that there may be “some swapping, some changes in land”.
Read more about Donald Trump here 👇
https://www.cityam.com/people-and-organizations/donald-trump/
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Produced by: Matt Kenyon, Scarlett Wild, Emmanuel Nwosu
#trump #pu...
- Title
- How much do you need to earn to live comfortably in London?
- Runtime
- 1:24
- Date posted
- 10 months ago
- Description
- City AM ventured into the City of London to ask workers what they think is a good salary to have a comfortable life in the capital of the UK.
Head over to www.cityam.com to read stories on personal finance.
#uk #london #londonlife #londoners #finance #personalfinance #money #moneymanagement #moneymindset #budget #budgeting #costofliving #costoflivingcrisis #jobs #ukjobs #jobmarket #voxpop #streetinterview #economics #economy
- Title
- Why the Online Safety Act has become a political nightmare for Labour
- Runtime
- 1:13
- Date posted
- 10 months ago
- Description
- The UK’s Online Safety Act was bigged up as a landmark measure to protect children. Instead, it sparked an instantaneous and furious backlash days after it was introduced, and it’s becoming a political waking nightmare for the government.
The new law mandates that web providers enforce ‘highly effective’ age verification to block minors from harmful content. However, its dangerously vague wording has led to widespread and seemingly indiscriminate censorship, sparking a political firestorm.
Now, a petition for its repeal has already been signed by more than half a million people. Nonetheless, tech firms, paralysed by the fear of massive fines of up to £18 million, have adopted an incredibly cautious 'better safe than sorry' approach.
Click the related video link for more on this story ▶️
#uk #news #politics #labourparty #economy #economics #finance #business #tech #technology #internetsafety #onlinesafety #socialmedia #ch...
- Title
- Why the Online Safety Act has become a political nightmare for Labour
- Runtime
- 2:27
- Date posted
- 10 months ago
- Description
- The UK’s Online Safety Act was bigged up as a landmark measure to protect children. Instead, it sparked an instantaneous and furious backlash days after it was introduced, and it’s becoming a political waking nightmare for the government.
The new law mandates that web providers enforce ‘highly effective’ age verification to block minors from harmful content. However, its dangerously vague wording has led to widespread and seemingly indiscriminate censorship, sparking a political firestorm.
Now, a petition for its repeal has already been signed by more than half a million people. Nonetheless, tech firms, paralysed by the fear of massive fines of up to £18 million, have adopted an incredibly cautious 'better safe than sorry' approach.
Read more about the story here 👇
https://www.cityam.com/why-labours-online-safety-act-has-become-a-political-nightmare/
Get more of City AM 👇
🌐 http://www.cityam.com
X(...
- Title
- How will Rachel Reeves face record UK benefits claims?
- Runtime
- 1:07
- Date posted
- 10 months ago
- Description
- The economy is in a “midlife crisis”, and the government has been sent a stark wakeup call after the number of jobless benefit claimants surged to a new high.
That’s according to new figures, which show that the number of out-of-work benefit claimants aged 50 to 64 has shot up by 600,000 since February 2020, up to a record 1.99 million.
The fresh research from the Centre for Social Justice showed a 21 per cent uptick since 2015 in older individuals exiting the workforce due to health conditions.
However, the CSJ points to a bigger systemic issue, suggesting the system is far too quick to mark people as completely unfit for work.
Click the related video link for more on this story ▶️
#uk #news #politics #health #healthcare #benefits #welfare #labourparty #rachelreeves #economy #economics #business #finance #personalfinance #money #tax #jobs
- Title
- How will Rachel Reeves face record UK benefits claims?
- Runtime
- 1:44
- Date posted
- 10 months ago
- Description
- The economy is in a “midlife crisis”, and the government has been sent a stark wakeup call after the number of jobless benefit claimants surged to a new high.
That’s according to new figures, which show that the number of out-of-work benefit claimants aged 50 to 64 has shot up by 600,000 since February 2020, up to a record 1.99 million.
The fresh research from the Centre for Social Justice showed a 21 per cent uptick since 2015 in older individuals exiting the workforce due to health conditions.
However, the CSJ points to a bigger systemic issue, suggesting the system is far too quick to mark people as completely unfit for work.
Read more of the story here 👇
https://www.cityam.com/economy-faces-midlife-crisis-as-benefit-claimants-hit-new-high/
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In...
- Title
- James Bloodworth explains the war on modern masculinity | Free Thinking
- Runtime
- 33:39
- Date posted
- 10 months ago
- Description
- Why are so many young men falling into the online world of the “manosphere”? Journalist and author James Bloodworth joins City AM's opinion and features editor, Alys Denby, on this episode of Free Thinking.
The two discuss a range of topics, from Bloodworth's book, Lost Boys, to figures like Andrew Tate, and dive into how male insecurity, online echo chambers and the erosion of traditional ideas of masculinity have created fertile ground for manipulation.
Read more thought-provoking opinion here 👇
https://www.cityam.com/opinion-2/
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Produced by: Alys Denby, Joe Lee, Emmanuel Nwosu
#politics #genderpolitics #manosphere #andrewtate #redpill #masculinity #toxicm...
- Title
- Why the US government is targeting Nvidia's revenue from China
- Runtime
- 1:06
- Date posted
- 10 months ago
- Description
- Big news from the chip industry over the weekend – Nvidia and AMD have agreed to hand over 15 per cent of their revenues from sales in China to the US government.
It’s part of an unprecedented deal to get export licences for some of the most advanced chips on the market. The US had previously blocked sales of some of both Nvidia and AMD’s chips to China, citing national security concerns.
Essentially, the US government is worried that these AI chips could turbocharge China’s military tech. However, both firms have now, for the first time, agreed to pay the US government a cut of their China sales in exchange for permission to sell these chips there.
Click the link in our bio to read more of the story 🔗
#usa #china #donaldtrump #jensenhuang #nvidia #amd #technology #tech #technews #artificialintelligence #ai #aichips #chips #business #finance #economy #economics #politics
- Title
- Why the US government is targeting Nvidia's revenue from China
- Runtime
- 2:01
- Date posted
- 10 months ago
- Description
- Big news from the chip industry over the weekend – Nvidia and AMD have agreed to hand over 15 per cent of their revenues from sales in China to the US government.
It’s part of an unprecedented deal to get export licences for some of the most advanced chips on the market. The US had previously blocked sales of some of both Nvidia and AMD’s chips to China, citing national security concerns.
Essentially, the US government is worried that these AI chips could turbocharge China’s military tech. However, both firms have now, for the first time, agreed to pay the US government a cut of their China sales in exchange for permission to sell these chips there.
Read more of the story here 👇
https://www.cityam.com/nvidia-and-amd-to-pay-us-15-cut-on-china-chip-sales/
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Ins...
- Title
- Will Premier League footballers be paid in crypto?
- Runtime
- 0:59
- Date posted
- 10 months ago
- Description
- Premier League football players could have their salaries paid for in crypto, a new report into the future of the blockchain suggests.
After over £400m was spent in the 2024-25 sporting season on deals and sponsorships, it has been suggested that digital currencies could replace traditional payments for player transfers and salaries.
In 2021, Spanish footballer David Barral became the first player to be transferred from one club to another using cryptocurrency, with Sao Paulo paying $6m for Giuliano Galoppo through the blockchain the following year.
Click the related video link below to watch the full video on this story ▶️
#sports #premierleague #football #soccer #crypto #cryptocurrency #blockchain #bitcoin #ethereum #news #business #finance #personalfinance #money #salary
- Title
- Will Premier League footballers be paid in crypto?
- Runtime
- 1:45
- Date posted
- 10 months ago
- Description
- Premier League football players could have their salaries paid for in crypto, a new report into the future of the blockchain suggests.
After over £400m was spent in the 2024-25 sporting season on deals and sponsorships, it has been suggested that digital currencies could replace traditional payments for player transfers and salaries.
In 2021, Spanish footballer David Barral became the first player to be transferred from one club to another using cryptocurrency, with Sao Paulo paying $6m for Giuliano Galoppo through the blockchain the following year.
Read the full story here 👇
https://www.cityam.com/premier-league-players-could-be-paid-in-crypto-as-blockchain-evolves/
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...
- Title
- Will Zelensky attend Trump and Putin’s Russia-Ukraine peace talks in Alaska?
- Runtime
- 1:12
- Date posted
- 10 months ago
- Description
- US President Donald Trump and Russian President Vladimir Putin will meet on Friday for a peace summit. Trump will hope to fulfil a long-term political promise to finally end the War in Ukraine.
The hastily arranged summit has thrown up a number of major questions around the shape of a peace.
Is Putin in any way serious about peace talks? Will Trump force Ukraine to give territory over to Russia? And will Volodymyr Zelensky even be involved in the talks?
Click the related video link below to watch the full video on this story ▶️
#donaldtrump #vladimirputin #volodymyrzelensky #jdvance #usa #russia #ukraine #ukrainewar #russiaukrainewar #news #politics #peacetalks #tradedeal
- Title
- Will Zelensky attend Trump and Putin’s Russia-Ukraine peace talks in Alaska?
- Runtime
- 2:44
- Date posted
- 10 months ago
- Description
- US President Donald Trump and Russian President Vladimir Putin will meet on Friday for a peace summit. Trump will hope to fulfil a long-term political promise to finally end the War in Ukraine.
The hastily arranged summit has thrown up a number of major questions around the shape of a peace.
Is Putin in any way serious about peace talks? Will Trump force Ukraine to give territory over to Russia? And will Volodymyr Zelensky even be involved in the talks?
Read the latest stories about Donald Trump here 👇
https://www.cityam.com/people-and-organizations/donald-trump/
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Produced by: Matt Kenyon, Joseph Curay Teneda, Emmanuel Nwosu
#trump #putin #zelensky...
- Title
- US-UK relationship: How will David Lammy debate Gaza with JD Vance?
- Runtime
- 1:10
- Date posted
- 10 months ago
- Description
- JD Vance has touched down in the UK for his summer holidays and – much like US President Donald Trump in Turnberry the other week – the trip looks set to combine business with pleasure.
The US Vice President will be spending the weekend with David Lammy, at Chevening, the foreign secretary’s grace-and-favour home in Kent. In fact, they’ve already been photographed going fishing.
Lammy told the BBC earlier this week that he – a liberal veteran of the centre-left – and Vance – the isolationist, conservative Republican – actually have a lot in common.
According to the White House, the pair will discuss “a variety of topics pertaining to the US-UK relationship”.
Click the related video link below to watch the full video on this story ▶️
#davidlammy #jdvance #donaldtrump #keirstarmer #vladimirputin #uk #usa #russia #ukraine #gaza #palestine #israel #hamas #news #politics #economics #economy #busines...
- Title
- US-UK relationship: How will David Lammy debate Gaza with JD Vance?
- Runtime
- 2:26
- Date posted
- 10 months ago
- Description
- JD Vance has touched down in the UK for his summer holidays and – much like US President Donald Trump in Turnberry the other week – the trip looks set to combine business with pleasure.
The US Vice President will be spending the weekend with David Lammy, at Chevening, the foreign secretary’s grace-and-favour home in Kent. In fact, they’ve already been photographed going fishing.
Lammy told the BBC earlier this week that he – a liberal veteran of the centre-left – and Vance – the isolationist, conservative Republican – actually have a lot in common.
According to the White House, the pair will discuss “a variety of topics pertaining to the US-UK relationship”.
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- Title
- Can Rachel Reeves survive the UK state pension time bomb?
- Runtime
- 1:16
- Date posted
- 10 months ago
- Description
- The Bank of England has said inflation will be higher than expected in September – and that could leave Chancellor Rachel Reeves in limbo at this year’s Autumn Budget.
At the Bank of England's interest rates decision on Thursday, economists upgraded an inflation forecast for September to four per cent. This is absolutely crucial for Rachel Reeves.
Price data for September are used to calculate increases in benefits and the state pension, and the triple lock means that whatever is highest out of inflation or wage growth will represent the increase kicking into effect in April.
If inflation does hit four per cent, the annual state pension will rise by at least £460 for most pensioners, which could cost the Treasury billions of pounds more.
Click the related video link below to watch the full video on this story ▶️
#uk #news #economy #economics #finance #personalfinance #tax #money #interestrates #pension #benef...
- Title
- Can Rachel Reeves survive the UK state pension time bomb?
- Runtime
- 2:37
- Date posted
- 10 months ago
- Description
- The Bank of England has said inflation will be higher than expected in September – and that could leave Chancellor Rachel Reeves in limbo at this year’s Autumn Budget.
At the Bank of England's interest rates decision on Thursday, economists upgraded an inflation forecast for September to four per cent. This is absolutely crucial for Rachel Reeves.
Price data for September are used to calculate increases in benefits and the state pension, and the triple lock means that whatever is highest out of inflation or wage growth will represent the increase kicking into effect in April.
If inflation does hit four per cent, the annual state pension will rise by at least £460 for most pensioners, which could cost the Treasury billions of pounds more.
Read more of the story here 👇
https://www.cityam.com/interest-rates-likely-to-remain-higher-for-longer/
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X...
- Title
- How Trump's 50% tariffs on India and threats to Putin impact Ukraine war
- Runtime
- 1:16
- Date posted
- 10 months ago
- Description
- President Donald Trump’s trade policies are starting to intersect directly with the War in Ukraine. This week, Trump announced that Indian imports would be hit with a massive 50 per cent tariff – up from the expected 25 per cent.
He accused India of “fuelling the war machine” after the country imported Russian Federation Oil. This all comes as Trump’s threats to Vladimir Putin – who he sees as stifling peace efforts and approaching negotiations in bad faith – have been cranked up a notch.
Putin has been given until Friday, 8th August, to agree a ceasefire with Ukraine, with the threat that Trump will impose sweeping secondary tariffs if he doesn’t.
Click the related video link below to watch the full video on this story ▶️
#donaldtrump #vladimirputin #narendramodi #volodymyrzelenskyy #india #usa #russia #ukraine #news #worldnews #politics #economy #economics #business #finance #tariffs #trade #oil #gas
- Title
- How Trump's 50% tariffs on India and threats to Putin impact Ukraine war
- Runtime
- 2:21
- Date posted
- 10 months ago
- Description
- President Donald Trump’s trade policies are starting to intersect directly with the War in Ukraine. This week, Trump announced that Indian imports would be hit with a massive 50 per cent tariff – up from the expected 25 per cent.
He accused India of “fuelling the war machine” after the country imported Russian Federation Oil. This all comes as Trump’s threats to Vladimir Putin – who he sees as stifling peace efforts and approaching negotiations in bad faith – have been cranked up a notch.
Putin has been given until Friday, 8th August, to agree a ceasefire with Ukraine, with the threat that Trump will impose sweeping secondary tariffs if he doesn’t.
Read more of the story here 👇
https://www.cityam.com/trump-hikes-india-tariffs-to-50-per-cent-for-fuelling-russian-war-machine/
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- Title
- First American Eagle, now Brewdog: Why are there so many controversial ads at the moment?
- Runtime
- 2:37
- Date posted
- 10 months ago
- Description
- Brewdog has found itself in hot water this week after an ad got banned by the advertising watchdog for claiming that its beers are a “solution for loneliness”.
So, is this a marketing stunt gone wrong, or a kind of PR nirvana for the self-proclaimed bad boys of beer?
It was a promo for the brand’s ‘Wingman’ session IPA, with its cartoon eagle mascot positioned as a firm friend who QUOTE “stands firm”, in the face of “wifi fails”, “hostile” weather and delayed friends.
Advertising guidelines explicitly ban the promotion of alcohol as a coping mechanism or treatment for feelings of suffering and isolation.
Read the full story here 👇
https://bit.ly/4lcvqQg
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- Title
- What the motor finance ruling means for UK consumers and banks
- Runtime
- 0:54
- Date posted
- 10 months ago
- Description
- The motor finance scandal has gripped the City of London's banking landscape over the last few years and put a number of Britain's biggest lenders in the hot seat.
Lloyds Banking Group – which owns Britain’s largest vehicle financing firm Black Horse – was forced to set aside £1.2bn in provisions for potential compensation.
The saga ramped up a notch when the Court of Appeal ruled it was unlawful for banks to pay a commission to a car dealer without the customer’s informed consent – these were dubbed “secret” commissions.
But lenders Close Brothers and First Rand took their fight to the Supreme Court to successfully overturn the judgment. And this ruling has spared City banks a hefty bill that one analyst said could have topped £44bn.
Click the related video link below to watch the full video on this story ▶️
#news #legal #business #businessnews #economy #economics #finance #financialnews #insurance #i...
- Title
- What the motor finance ruling means for UK consumers and banks
- Runtime
- 1:55
- Date posted
- 10 months ago
- Description
- The motor finance scandal has gripped the City of London's banking landscape over the last few years and put a number of Britain's biggest lenders in the hot seat.
Lloyds Banking Group – which owns Britain’s largest vehicle financing firm Black Horse – was forced to set aside £1.2bn in provisions for potential compensation.
The saga ramped up a notch when the Court of Appeal ruled it was unlawful for banks to pay a commission to a car dealer without the customer’s informed consent – these were dubbed “secret” commissions.
But lenders Close Brothers and First Rand took their fight to the Supreme Court to successfully overturn the judgment. And this ruling has spared City banks a hefty bill that one analyst said could have topped £44bn.
Read more about this story here 👇
https://www.cityam.com/su-motor-finance-redress-scheme-must-show-a-changed-fca/
Get more of City AM 👇
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- Title
- Can Bupa and NHS save the UK healthcare sector? | Boardroom Uncovered
- Runtime
- 24:54
- Date posted
- 10 months ago
- Description
- The CEO of Bupa has rejected calls for the NHS to move to an insurance model and said that while it needs "fine-tuning", its "soul will remain" intact.
Speaking to City AM's UK Editor, Jon Robinson, on this episode of City AM's Boardroom Uncovered, Carlos Jaureguizar said the NHS changing to an insurance model would be "too disruptive".
His comments follow those of former Health Secretary Sajid Javid, who has joined calls for a major overhaul of the NHS, proposing a universal social insurance-based model.
00:00 Coming up
00:40 Introduction
01:13 Welcome Carlos Jaureguizar
01:56 Differences between UK and Spanish education
05:26 Moving from Spain to Chile
06:55 Leading Bupa through the pandemic
08:27 Why Carlos took the UK CEO job
10:01 Improving the NHS
13:00 The advantage of a long-term view
14:02 Quickfire questions
18:19 The relationship between Bupa and the NHS
23:41 What makes ...
- Title
- Why Labour's private school tax raid is backfiring for Rachel Reeves
- Runtime
- 1:08
- Date posted
- 10 months ago
- Description
- Families are scrabbling to avoid Labour’s tax raid on private schools by paying fees in advance.
Analysis from the Daily Telegraph has found that Britain’s top 50 independent schools received £515m in advance fees last year, as parents paid upfront to avoid the 20 per cent levy that came into effect this year
And this has got City AM's opinion editor Alys Denby wondering: Does Labour understand how tax works?
Click the related video link below to watch the full video on this story ▶️
#news #uk #labourparty #politics #politicalnews #economics #economy #business #businessnews #finance #financialnews #personalfinance #keirstarmer #starmer #rachelreeves #reeves #privateschools #tax #ukpolitics #ukeconomy #opinion
- Title
- Why Labour's private school tax raid is backfiring for Rachel Reeves
- Runtime
- 2:44
- Date posted
- 10 months ago
- Description
- Families are scrabbling to avoid Labour’s tax raid on private schools by paying fees in advance.
Analysis from the Daily Telegraph has found that Britain’s top 50 independent schools received £515m in advance fees last year, as parents paid upfront to avoid the 20 per cent levy that came into effect this year
And this has got City AM's opinion editor Alys Denby wondering: Does Labour understand how tax works?
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Produced by: Alys Denby, Scarlett Wild, Matt Kenyon
#news #uk #labourparty #politics #politicalnews #economics #economy #business #businessnews #finance #financialnews #personalfinance #keirstarmer #starmer #rachelreeves #reeves #privateschools #tax #ukpoliti...
- Title
- Is Nigel Farage's Reform UK the new party of business?
- Runtime
- 1:18
- Date posted
- 10 months ago
- Description
- Reform UK is now seen as the most pro-business party in Westminster, fresh polling produced for City AM has found, in one of the first major signs the public is warming to Nigel Farage’s economic policies.
Political parties have long battled to present themselves as a pro-business party, with Labour’s Chancellor Rachel Reeves wooing company bosses and City firms in the lead-up to last year’s elections, promising to be “the most pro-business government” the country has ever had.
But the latest City AM/Freshwater Strategy poll of UK voters shows that Reform UK is deemed to be the party most likely to support UK businesses’ needs.
#farage #nigelfarage #politics #ukpolitics #reform #reformuk #keirstarmer #rachelreeves #business #businessnews #finance #uk #uknews #economics #economy #politics
- Title
- Is Nigel Farage's Reform UK the new party of business?
- Runtime
- 3:02
- Date posted
- 10 months ago
- Description
- Reform UK is now seen as the most pro-business party in Westminster, fresh polling produced for City AM has found, in one of the first major signs the public is warming to Nigel Farage’s economic policies.
Political parties have long battled to present themselves as a pro-business party, with Labour’s Chancellor Rachel Reeves wooing company bosses and City firms in the lead-up to last year’s elections, promising to be “the most pro-business government” the country has ever had.
But the latest City AM/Freshwater Strategy poll of UK voters shows that Reform UK is deemed to be the party most likely to support UK businesses’ needs.
More on the story here 👇
https://www.cityam.com/voters-say-nigel-farages-reform-is-the-party-of-uk-business/
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Instagram: ...
- Title
- Motor finance: A timeline of the legal saga so far
- Runtime
- 2:21
- Date posted
- 10 months ago
- Description
- You might be wondering what the Supreme Court ruling on Motor Finance is all about and where this high-profile case comes from in the first place.
It started with three individuals who brought legal action against Close Brothers and South African FirstRand Bank over secret commissions in their motor finance arrangements.
Amy Hopcraft sued Close Brothers, while Marcus Johnson and Andrew Wrench sued FirstRand Bank.
Originally, each of these cases, like many more, was issued to local courts around England. However, it was these three cases that ended up at the Court of Appeal – the second-highest court – and were merged together for a hearing.
Click the link below to read more on this story 👇
https://www.cityam.com/success-for-close-brothers-as-motor-finance-appeal-allowed/
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- Title
- How did the 'wellness bro' come to rule the City of London?
- Runtime
- 1:15
- Date posted
- 10 months ago
- Description
- As finance bros roam the City clutching pink smoothies, City AM's Deputy Comment and Features Editor, Anna Moloney, examines the changing culture of health and the rise of the 'wellness bro'.
Click the link in our bio to read more of the story 🔗
#london #health #wellness #wellnessbro #financebro #finance #business #opinion
- Title
- How the 'wellness bro' came to rule the City of London
- Runtime
- 2:18
- Date posted
- 10 months ago
- Description
- As finance bros roam the City clutching pink smoothies, City AM's Deputy Comment and Features Editor, Anna Moloney, examines the changing culture of health and the rise of the 'wellness bro'.
Read more of the story here 👇
https://www.cityam.com/how-the-wellness-bro-came-to-rule-the-city/
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Produced by: Anna Moloney, Matt Kenyon, Joseph Curay Teneda, Emmanuel Nwosu
#london #health #wellness #wellnessbro #financebro #finance #business #opinion
- Title
- Why Donald Trump could be given the Freedom of the City of London
- Runtime
- 1:10
- Date posted
- 10 months ago
- Description
- President Donald Trump could be offered the Freedom of the City of London during his second state visit to the UK in September.
The Independent has reported that the Freedom is on the table to get the US President in the room with the City of London Corporation, which hopes to use the symbolic honour as part of a charm offensive to push for a closer trading relationship.
#usa #donaldtrump #cityoflondon #keirstarmer #trump #uk #tariffs #trade #tradedeal #politics #politicalnews #economics #economy #business #businessnews #finance #financialnews #stockmarket #stockmarketnews #news #world #worldnews #uknews #usnews #history #londonhistory #trending
- Title
- Why Donald Trump could be offered the Freedom of the City of London
- Runtime
- 2:46
- Date posted
- 10 months ago
- Description
- President Donald Trump could be offered the Freedom of the City of London during his second state visit to the UK in September.
The Independent has reported that the Freedom is on the table to get the US President in the room with the City of London Corporation, which hopes to use the symbolic honour as part of a charm offensive to push for a closer trading relationship.
Reportedly, plans have been discussed to fly Trump from Windsor Castle to Winfield House – the US Ambassador’s residence in Regent’s Park.
While the purely symbolic honour would not confer any particular modern powers onto the President, though he could, in theory, herd sheep across London Bridge, Trump is reportedly keen on receiving the City gong.
Read more of the story here 👇
https://www.cityam.com/president-donald-trump-could-be-given-freedom-of-the-city-of-london/
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- Title
- Why UK banks fear Autumn Budget tax hikes from Rachel Reeves
- Runtime
- 0:57
- Date posted
- 10 months ago
- Description
- Every analyst and economist is saying that taxes are coming in the Autumn. But will Rachel Reeves turn to her old friends at the banks for an easy cash grab?
Half-year reporting season has come to a close, and the UK’s Big Four banks – Lloyds, Natwest, HSBC and Barclays – have pocketed a combined £24.1bn in pre-tax profit for the first six months of the year.
Analysts at US banking juggernaut JP Morgan warned the Chancellor will look to raise as much as £30bn in taxes later this year to restore her eroded fiscal headroom.
Additionally, HSBC boss Georges Elhedery warned a bank levy would dent growth, and Lloyds’ Charlie Nunn said it wouldn’t be consistent with the government’s growth strategy.
Click the link in our bio to read more of the story 🔗
#uk #news #bank #banking #hsbc #llyods #jpmorgan #chase #natwest #barclays #finance #economics #economy #business #politics #tax #autumnbudget #rachelreeves
