City A.M.
Why UK banks fear Autumn Budget tax hikes from Rachel Reeves
- Title
- Why UK banks fear Autumn Budget tax hikes from Rachel Reeves
- Runtime
- 1:53
- 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.
Read more of the story here 👇
https://www.cityam.com/rachel-reeves-could-use-bank-windfall-tax-to-plug-labours-u-turns/
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- Title
- Trump tariffs return: Can Canada reach 'very hard' trade deal with US?
- Runtime
- 1:07
- Date posted
- 10 months ago
- Description
- Can Canada reach a 'very hard' trade deal with the US?
The brief extension to US President Donald Trump’s 90-day tariff pause is over, and countries that didn’t get a US trade deal in time are being hit with heavy tariffs.
This time – unlike in April – it looks like these levies are here to stay. Markets lurched almost immediately, with London’s flagship FTSE 100 index dipping half a percentage point within an hour of opening, having hit record highs in the last couple of weeks of July.
Canadian Prime Minister Mark Carney posted on X that he is “disappointed” by the tariffs. He says that Canada accounts for just one per cent of the supply of fentanyl coming into the US, after Trump used the proliferation of the drug as a major reason behind targeting Canada.
Click the related video link below to watch the full video on this story ▶️
#news #usa #canada #uk #donaldtrump #markcarney #keirstarmer #tariffs ...
- Title
- Trump tariffs return: Can Canada reach 'very hard' trade deal with US?
- Runtime
- 2:32
- Date posted
- 10 months ago
- Description
- The brief extension to US President Donald Trump’s 90-day tariff pause is over, and countries that didn’t get a US trade deal in time are being hit with heavy tariffs.
This time – unlike in April – it looks like these levies are here to stay. Markets lurched almost immediately, with London’s flagship FTSE 100 index dipping half a percentage point within an hour of opening, having hit record highs in the last couple of weeks of July.
Canadian Prime Minister Mark Carney posted on X that he is “disappointed” by the tariffs. He says that Canada accounts for just one per cent of the supply of fentanyl coming into the US, after Trump used the proliferation of the drug as a major reason behind targeting Canada.
Read more of the story here 👇
https://www.cityam.com/global-markets-take-a-tumble-as-trump-pushes-on-with-his-trade-war/
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- Title
- Do small businesses believe Starmer can grow the UK economy?
- Runtime
- 1:13
- Date posted
- 10 months ago
- Description
- Prime Minister Keir Starmer is now talking a big game on backing small businesses – often referred to as the backbone of the UK economy.
But firm owners may not necessarily be feeling empowered to grow under this Labour government – mixed survey results have made it harder to take the temperature on how these businesses are feeling about reforms.
In fresh legislation to be set out in parliament, the government is set to offer powers to an independent public body to dish out fines to firms making late payments to small businesses.
This new crackdown comes as the prime minister has previously complained about its 11 billion pound cost to the UK economy.
Click the related video link below to watch the full video on this story ▶️
#uk #business #politics #economy #economics #smallbusiness #sme #finance #personalfinance #labourparty #keirstarmer #news
- Title
- Do small businesses believe Starmer can grow the UK economy?
- Runtime
- 3:40
- Date posted
- 10 months ago
- Description
- Prime Minister Keir Starmer is now talking a big game on backing small businesses – often referred to as the backbone of the UK economy.
But firm owners may not necessarily be feeling empowered to grow under this Labour government – mixed survey results have made it harder to take the temperature on how these businesses are feeling about reforms.
In fresh legislation to be set out in parliament, the government is set to offer powers to an independent public body to dish out fines to firms making late payments to small businesses.
This new crackdown comes as the prime minister has previously complained about its 11 billion pound cost to the UK economy.
Read more of the story here 👇
https://www.cityam.com/firms-face-fresh-fines-for-making-late-payments-to-small-businesses/
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- Title
- An uncertain future and a weak economy push hardworking Brits to the exit | Week in Business
- Runtime
- 5:07
- Date posted
- 10 months ago
- Description
- Do you know when the UK economy last grew at that rate? City AM's Editor in Chief, Christian May, asks in this episode of Week in Business.
This week, Christian argues that the UK government has taxed too much and has lost control of basic state functions, pointing out that this will drive away not just the non-doms and the super-rich, but people who feel that their efforts aren’t rewarded in the UK.
Watch or listen to more episodes of Week in Business here 👇
https://linktr.ee/weekinbusiness
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Produced by: Christian May, Joe Lee, Emmanuel Nwosu
#news #business #politics #businessnews #politicalnews #brexit #economics #economy #finance #financialnews #personalfi...
- Title
- Who inspires the CEO of Omaze?
- Runtime
- 0:24
- Date posted
- 10 months ago
- Description
- Speaking to City AM's UK Editor, Jon Robinson, on Boardroom Uncovered, Matt Pohlson, who is the co-founder and CEO of Omaze, opened up about how his mother inspires him to grow.
Click the related video link below to watch the full episode 👇
#business #businessnews #businessgrowth #podcast #interview #inspiration #inspirationalstory #inspirational #ceo #founder #omaze #housing #housingmarket #realestate #property #housingcrisis
- Title
- Kyle accuses Farage: How will UK's age verification impact online safety?
- Runtime
- 1:18
- Date posted
- 10 months ago
- Description
- UK Tech Secretary Peter Kyle has made headlines this week with an explosive statement. He directly alleged that if the sex offender Jimmy Savile were alive today, his criminal actions would take place online.
He controversially added that Nigel Farage's opposition to this legislation positions him "on their side".
Farage swiftly condemned these comments as an "absolutely disgusting smear" – swiftly appearing on a livestream alongside Zia Yusuf. The Reform UK leader demanded an apology, but Kyle has so far remained stubbornly resolute.
Click the related video link below to watch the full video on this story 👇
#nigelfarage #peterkyle #uk #news #politics #technology #tech #technews #onlinesafety #ageverification #vpn #business #businessnews #finance #financialnews #economics #economy
- Title
- Kyle accuses Farage: How will UK's age verification impact online safety?
- Runtime
- 2:15
- Date posted
- 10 months ago
- Description
- UK Tech Secretary Peter Kyle has made headlines this week with an explosive statement. He directly alleged that if the sex offender Jimmy Savile were alive today, his criminal actions would take place online.
He controversially added that Nigel Farage's opposition to this legislation positions him "on their side".
Farage swiftly condemned these comments as an "absolutely disgusting smear" – swiftly appearing on a livestream alongside Zia Yusuf. The Reform UK leader demanded an apology, but Kyle has so far remained stubbornly resolute.
Read more about the UK's online safety crackdown here 👇
https://www.cityam.com/uk-hits-big-tech-with-online-safety-crackdown/
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...
- Title
- How England's Lionesses are impacting women's football
- Runtime
- 1:43
- Date posted
- 10 months ago
- Description
- More than 65,000 people lined up in the streets along The Mall as England's Lionesses celebrated their victory in the 2025 Women’s Euros with an open-top bus parade, followed by a ceremony in front of Buckingham Palace.
It was a sea of red-and-white flags and bucket hats as fans of all ages gathered to see their heroes take the stage.
But what will the Lionesses’ legacy be, and have they encouraged more people to engage with women’s football? City AM asked some of the fans on the ground at the victory parade.
Click the related video link below to watch the full video on this story 👇
#news #sports #sportsnews #soccer #football #lionesses #womensfootball #womensoccer #footballteam #euro #euro2025 #uefa #uefaeuro #final #eurofinal #business #economics #economy #finance #financialnews #uk #unitedkingdom #england
- Title
- How England's Lionesses are impacting women's football
- Runtime
- 3:32
- Date posted
- 10 months ago
- Description
- More than 65,000 people lined up in the streets along The Mall as England's Lionesses celebrated their victory in the 2025 Women’s Euros with an open-top bus parade, followed by a ceremony in front of Buckingham Palace.
It was a sea of red-and-white flags and bucket hats as fans of all ages gathered to see their heroes take the stage.
But what will the Lionesses’ legacy be, and have they encouraged more people to engage with women’s football? City AM asked some of the fans on the ground at the victory parade.
Read more of the story here 👇
https://www.cityam.com/will-lionesses-increase-interest-in-womens-football-i-asked-fans-at-parade/
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Produced by: Andreea...
- Title
- How has England's Lionesses changed women's football?
- Runtime
- 1:18
- Date posted
- 10 months ago
- Description
- More than 65,000 people lined up in the streets along The Mall as England's Lionesses celebrated their victory in the 2025 Women’s Euros with an open-top bus parade, followed by a ceremony in front of Buckingham Palace.
City AM attended the celebration and spoke to some of the fans in the sea of people. Here's what the fans had to say.
Click the related video link below to watch the full video on this story 👇
#news #sports #sportsnews #soccer #football #lionesses #womensfootball #footballteam #euro #euro2025 #uefa #uefaeuro #final #eurofinal #business #economics #economy #finance #financialnews #uk #unitedkingdom #england
- Title
- Opinion: What did the resident doctors' strikes in England achieve?
- Runtime
- 1:10
- Date posted
- 10 months ago
- Description
- Resident doctors are endangering their patients’ lives with immoral strikes based on distorted calculations. The British public must finally see their militant union for what it really is, says City AM's Opinion and Features Editor, Alys Denby.
Click the related video link below to watch more about this story 👇
#uk #england #news #opinion #health #healthcare #doctors #residentdoctors #juniordoctors #strike #protest #juniordoctorprotest #politics #economy #economics #business #finance #personalfinance #worktrends
- Title
- What did the resident doctors' strikes in England achieve? | Opinion
- Runtime
- 2:08
- Date posted
- 10 months ago
- Description
- Resident doctors are endangering their patients’ lives with immoral strikes based on distorted calculations. The British public must finally see their militant union for what it really is, says City AM's Opinion and Features Editor, Alys Denby.
Read more opinions from Alys Denby here 👇
https://www.cityam.com/doctors-pay-demands-arent-just-unaffordable-theyre-undeserved/
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Produced by: Alys Denby, Scarlett Wild, Emmanuel Nwisu
#health #doctor #strike #protest #residentdoctors #juniordoctors #juniordoctorprotest #healthcare #politics #politicalnews #economy #economics #business #businessnews #finance #financialnews #personalfinance #worktrends #news #uk #ukeconomy #ukpolitics ...
- Title
- Why might over 25% of young British workers flee the UK?
- Runtime
- 1:08
- Date posted
- 10 months ago
- Description
- Under the age of 30, frustrated with your economic prospects? Considering moving abroad in the hope you’ll be able to build a better life elsewhere? If so, then data suggests that you’re very much not alone.
According to a new study, over a quarter of young Brits are likely to move to another country because of their increasing disillusionment with the UK’s stagnant economy and unaffordable housing market.
As many as 28 per cent of 18-30 year olds polled by the Adam Smith Institute – a free-market think tank – said they were either seriously considering emigrating or are already making plans to do so.
Click the related video link below to watch the full video on this story 👇
#uk #news #economics #economy #business #housing #housingmarket #property #propertymarket #realestate #wealth #finance #personalfinance #tax #taxcuts #costofliving #costoflivingcrisis #genz #millennials #workers #worktrends #travel #uknews #ukeconomy...
- Title
- Why over 25% of young British workers might flee the UK
- Runtime
- 2:31
- Date posted
- 10 months ago
- Description
- Under the age of 30, frustrated with your economic prospects? Considering moving abroad in the hope you’ll be able to build a better life elsewhere? If so, then data suggests that you’re very much not alone.
According to a new study, over a quarter of young Brits are likely to move to another country because of their increasing disillusionment with the UK’s stagnant economy and unaffordable housing market.
As many as 28 per cent of 18-30 year olds polled by the Adam Smith Institute – a free-market think tank – said they were either seriously considering emigrating or are already making plans to do so.
Read more of the story here 👇
https://www.cityam.com/facing-low-pay-and-rising-rents-a-quarter-of-young-brits-weigh-uk-exit/
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- Title
- Where are London workers' favourite places in the City? 🤔
- Runtime
- 1:15
- Date posted
- 10 months ago
- Description
- The City of London is home to some of the capital’s most innovative restaurants, bars and cultural projects – now it’s time to celebrate them at the inaugural Toast the City Awards 2025! 🥂
City AM's Toast the City Awards 2025 will celebrate the people and places that make the Square Mile a vibrant destination for workers and visitors alike.
There are only four days left to nominate your favourite places in the City! Nominations close Thursday, 31st July 🗓️
Thanks to our partners at the five City Business Improvement Districts for making this possible: Eastern City BID, Culture Mile BID, Aldgate Connect BID, Cheapside Business Alliance, and Fleet Street Quarter!
🔗 Click the link in our bio to nominate your favourite spot or search the URL below👇
[www.cityamevents.co.uk/toast-awards]
#ToastTheCity #london #business #lifestyle #awards
- Title
- How much will resident doctors' strikes cost the UK economy?
- Runtime
- 1:12
- Date posted
- 10 months ago
- Description
- As many as 50,000 junior doctors – now known as resident doctors – are three days into a strike called by the British Medical Association.
The strike could hit the UK economy with a £13m bill as the BMA calls for a 29 per cent pay rise. That’s according to the Centre for Economics and Business Research, which says that over five days the strike will cost £64m in total.
Click the related video link below to watch the full video on this story 👇
#news #uk #health #doctor #strike #protest #residentdoctors #juniordoctors #juniordoctorprotest #healthcare #politics #economy #economics #business #finance #personalfinance #worktrends
- Title
- How much will resident doctors' strikes cost the UK economy?
- Runtime
- 2:12
- Date posted
- 10 months ago
- Description
- As many as 50,000 junior doctors – now known as resident doctors – are three days into a strike called by the British Medical Association.
The strike could hit the UK economy with a £13m bill as the BMA calls for a 29 per cent pay rise. That’s according to the Centre for Economics and Business Research, which says that over five days the strike will cost £64m in total.
Read more of the story here 👇
https://www.cityam.com/five-day-doctors-strikes-begin-as-wes-streeting-bma-talks-break-down/
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Produced by: Matt Kenyon, Joseph Curay Teneda, Joe Lee, Emmanuel Nwosu
#health #doctor #strike #protest #residentdoctors #juniordoctors #juniordoctorprotest #healthc...
- Title
- Starmer and Trump's meeting: Will Putin respond to the 12-day Ukraine ceasefire deadline?
- Runtime
- 0:51
- Date posted
- 10 months ago
- Description
- In a Scottish holiday that has swiftly given way to a multi-sided international summit, Keir Starmer has held a bilateral meeting with Donald Trump, which has spanned from the UK-US trading relationship to immigration policy and international conflicts.
Before the meeting had even started, Business Secretary Jonathan Reynolds poured cold water on the prospect of a more favourable agreement on steel, saying that the government wasn’t likely to have anything immediate to announce.
However, Trump did amp up pressure on Vladimir Putin to engage seriously in peace talks with Ukraine, announcing a new deadline of “ten or twelve days, from today”.
Click the related video link below to watch the full video on this story 👇
#donaldtrump #vladimirputin #keirstarmer #volodymyrzelenskyy #usa #uk #russia #ukraine #russiaukrainewar #israel #news #politics #economics #economy #business #finance #worldnews
- Title
- Starmer and Trump's meeting: Will Putin respond to the 12-day Ukraine ceasefire deadline?
- Runtime
- 1:48
- Date posted
- 10 months ago
- Description
- In a Scottish holiday that has swiftly given way to a multi-sided international summit, Keir Starmer has held a bilateral meeting with Donald Trump, which has spanned from the UK-US trading relationship to immigration policy and international conflicts.
Before the meeting had even started, Business Secretary Jonathan Reynolds poured cold water on the prospect of a more favourable agreement on steel, saying that the government wasn’t likely to have anything immediate to announce.
However, Trump did amp up pressure on Vladimir Putin to engage seriously in peace talks with Ukraine, announcing a new deadline of “ten or twelve days, from today”.
Read more of the story here 👇
https://www.cityam.com/is-brexit-britain-a-winner-of-the-eu-and-us-trade-tie-up/
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Instagr...
- Title
- How Donald Trump's US-EU tariff deal averted the trade war
- Runtime
- 0:55
- Date posted
- 10 months ago
- Description
- The EU can let out a sigh of relief now that a trade agreement between the EU and the US has been agreed upon, preventing a possible transatlantic trade war.
But has the bloc conceded too much?
Donald Trump and European Commission chief Ursula von der Leyen announced the trade deal from Trump’s Turnberry golf course on Sunday after months of negotiations between the two parties.
The deal will see a 15 per cent tariff placed on EU imports to the US, swerving away from the damaging 30 per cent that was initially threatened.
Tap the link in our bio for more on the story 🔗
#donaldtrump #ursulavonderleyen #usa #europe #europeanunion #eu #tariffs #trade #tradewar #tradedeal #news #economics #economy #politics #business #finance
- Title
- How Donald Trump's US-EU tariff deal averted the trade war
- Runtime
- 1:43
- Date posted
- 10 months ago
- Description
- The EU can let out a sigh of relief now that a trade agreement between the EU and the US has been agreed upon, preventing a possible transatlantic trade war.
But has the bloc conceded too much?
Donald Trump and European Commission chief Ursula von der Leyen announced the trade deal from Trump’s Turnberry golf course on Sunday after months of negotiations between the two parties.
The deal will see a 15 per cent tariff placed on EU imports to the US, swerving away from the damaging 30 per cent that was initially threatened.
Read the full story here 👇
https://www.cityam.com/trump-and-eu-seal-trade-deal-with-15-per-cent-tariffs/
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Produced by: Maisie ...
- Title
- Do CEOs have imposter syndrome? 🤔
- Runtime
- 0:36
- Date posted
- 10 months ago
- Description
- Speaking to City AM's UK Editor, Jon Robinson, on Boardroom Uncovered, Andria Vidler, CEO of Allwyn UK, opened up about her imposter syndrome and how she tries to deal with it.
Click the related video link below to watch the full episode 👇
#nationallottery #lottery #gambling #money #allwyn #podcast #interview #ceo #business #finance #personalfinance #impostersyndrome #opinion #mentalhealth #news #uk
- Title
- Can Starmer wipe out all Trump tariffs on UK steel over golf?
- Runtime
- 1:07
- Date posted
- 11 months ago
- Description
- For Donald Trump, this weekend presents a relaxing weekend to unwind at his Scottish golf courses.
But for Keir Starmer, the lead-up to Monday will involve prepping for a high-stakes trade negotiation – to hopefully spare the British steel industry a lot of pain.
He’s going for lunch and a “bilateral meeting” with Trump on Monday, where Starmer will be looking to shmooze some extra trade concessions out of the US President.
So far, the government has managed to secure carveouts for the automotive and aerospace sectors, but the steel industry remains particularly exposed.
Though the 25 per cent levy on British steel is half the global rate of 50 per cent, ministers are hoping that the tariff can be wiped out altogether.
Tap the link in our bio for the full story 🔗
#news #uk #usa #keirstarmer #donaldtrump #nigelfarage #usa #politics #trade #tariffs #business #businessnews #finance #financialnews...
- Title
- Can Starmer wipe out all Trump tariffs on UK steel over golf?
- Runtime
- 2:04
- Date posted
- 11 months ago
- Description
- For Donald Trump, this weekend presents a relaxing weekend to unwind at his Scottish golf courses.
But for Keir Starmer, the lead-up to Monday will involve prepping for a high-stakes trade negotiation – to hopefully spare the British steel industry a lot of pain.
He’s going for lunch and a “bilateral meeting” with Trump on Monday, where Starmer will be looking to shmooze some extra trade concessions out of the US President.
So far, the government has managed to secure carveouts for the automotive and aerospace sectors, but the steel industry remains particularly exposed.
Though the 25 per cent levy on British steel is half the global rate of 50 per cent, ministers are hoping that the tariff can be wiped out altogether.
Read the full story here 👇
https://www.cityam.com/trump-scotland-visit-starmer-to-push-for-zero-steel-tariffs/
Get more of City AM 👇
🌐 http://www.cityam.com
- Title
- Office dating rules: What are the dos and don'ts of workplace relationships? | Opinion
- Runtime
- 1:16
- Date posted
- 11 months ago
- Description
- Finding your colleague attractive is understandable, but is it advisable? City AM's Deputy Comment and Features Editor Anna Moloney asks 🤔
According to Forbes, 60 per cent of adults have had a workplace romance, but done wrong – as the Astronomer Coldplay kisscam scandal showed all too well – there can be considerable consequences.
To ensure you don’t end up in any compromising positions at normcore gigs, here’s a handy how-to guide to office dating.
Click the link in our bio to read more of the story 🔗
#relationship #dating #workplace #workplacedating #workplaceromance #workplaceculture #office #officedating #officepolitics #romance #hr #humanresources #business #businessnews #opinion
- Title
- Office dating rules: What are the dos and don'ts of workplace relationships? | Opinion
- Runtime
- 2:13
- Date posted
- 11 months ago
- Description
- A viral video showing the CEO of Astronomer canoodling with his head of HR at a Coldplay gig last week was a comms nightmare, but it was hardly a shocking matter of affairs.
After all, whether they should or shouldn’t, office workers have been flirting around the water cooler since the dawn of the cubicle, but there is a knack to it.
To ensure you don’t end up on any kisscams at normcore gigs, here’s our handy how-to guide to office dating by City AM's Deputy Comment and Features Editor Anna Moloney.
Read more of the story here 👇
https://www.cityam.com/office-dating-rules-what-to-do-and-not-do/
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Produced by: Anna Moloney, Scarlett Wild, Matt Kenyon, Emma...
- Title
- Can Elon Musk save Tesla shares with the robotics division?
- Runtime
- 1:12
- Date posted
- 11 months ago
- Description
- Can Elon Musk save Tesla shares with the robotics division?
Tesla is entering its most uncertain phase in years. Once the undisputed face of the electric vehicle revolution, the company has reported its steepest sales decline in more than a decade, and investors are taking notice.
To add to this, Musk hasn't sugarcoated the outlook either. On the latest earnings call, the controversial billionaire and CEO warned of ‘a few rough quarters’ ahead, as Tesla faces slowing demand, rising tariffs, and the end of US EV tax credits.
Click the link in our bio to read more about Tesla 🔗
#news #elonmusk #technology #tech #technews #tesla #cars #ev #electriccar #electricvehicle #business #businessnews #businessgrowth #finance #financialnews #personalfinance #stockmarket #stocksandshares #stocks #shares
- Title
- Can Elon Musk save Tesla shares with the robotics division?
- Runtime
- 1:36
- Date posted
- 11 months ago
- Description
- Tesla is entering its most uncertain phase in years. Once the undisputed face of the electric vehicle revolution, the company has reported its steepest sales decline in more than a decade, and investors are taking notice.
To add to this, Elon Musk hasn't sugarcoated the outlook either. On the latest earnings call, the controversial billionaire and CEO warned of ‘a few rough quarters’ ahead, as Tesla faces slowing demand, rising tariffs, and the end of US EV tax credits.
Read more about Tesla here 👇
https://www.cityam.com/people-and-organizations/tesla/
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Produced by: Saskia Koopman, Scarlett Wild, Matt Kenyon, Emmanuel Nwosu
#technology #tesla #elonmusk #musk ...
- Title
- How will Starmer and Modi's UK-India trade deal impact the British economy?
- Runtime
- 1:17
- Date posted
- 11 months ago
- Description
- Today, the UK-India trade deal has finally been signed by Keir Starmer and Narendra Modi at Chequers.
The agreement will apparently be worth £6bn, which Starmer has hailed as a “historic day” for both countries.
It’s the culmination of years of negotiations, and will see tariffs on as many as 90 per cent of British exports slashed – from spirits to cars.
The bilateral agreement means that the average tariff rate on Indian imports will drop from 15 per cent to just three per cent.
Click the link in our bio to read more of the story 🔗
#uk #india #news #trade #tradedeal #tariffs #tax #politics #economics #economy #business #businessnews #finance #financialnews #keirstarmer #narendramodi
- Title
- How will Starmer and Modi's UK-India trade deal impact the British economy?
- Runtime
- 2:05
- Date posted
- 11 months ago
- Description
- Keir Starmer and his Indian counterpart Narendra Modi have signed a trade deal worth an estimated £6bn, with the UK Prime Minister hailing the landmark agreement a “historic day” for Britain and India.
The trade pact – the result of over three years of negotiations – will see tariffs on the whisky and cars that British firms export to India drastically reduced in return for Britain opening up elements labour market to Indian workers.
The bilateral deal is understood to be one of the most valuable of its kind to the UK economy, and will bring the average tariff on Indian imports from Britain from 15 per cent to three per cent. It is hoped the deal will eventually provide an annual boost of £25.5bn in bilateral trade between the two countries.
Some 90 per cent of all tariffs on UK-made goods sent to India will come down as a result of the deal, which was first announced in May, while 85 per cent of tariff lines will have no trade levies wh...
- Title
- Where does The National Lottery's money go?
- Runtime
- 1:21
- Date posted
- 11 months ago
- Description
- Speaking to City AM's UK Editor, Jon Robinson, on Boardroom Uncovered, Andria Vidler, CEO of Allwyn UK, breaks down how the money received by The National Lottery is divided.
Click the link in our bio to watch or listen to the full episode 🔗
#nationallottery #lottery #gambling #money #allwyn #podcast #interview #ceo #business #finance #personalfinance #news #uk
- Title
- Why did the UK Supreme Court overturn these London traders’ criminal charges?
- Runtime
- 0:55
- Date posted
- 11 months ago
- Description
- Former City traders convicted of the rate-rigging scandal have had their criminal charges overturned by the top UK court after years of fighting.
Former UBS and Citigroup trader Tom Hayes was found guilty in August 2015 of conspiracy to defraud by ‘rigging’ the Libor. He was sentenced to 11 years in prison and was released after five and a half years.
A former Barclays trader, Carlo Palombo, was found guilty in March 2019 of conspiracy to defraud by rigging the Euro Interbank Offered Rate (Euribor). Palombo served four years in prison.
Click the link in our bio to read more about the story 🔗
#uk #london #news #legal #law #business #finance #banking #supremecourt #traders #trading #tomhayes #carlopalombo
- Title
- Why did UK Supreme Court overturn these London traders’ criminal charges?
- Runtime
- 2:23
- Date posted
- 11 months ago
- Description
- Why did the UK Supreme Court overturn these London traders’ criminal charges?
Former City traders convicted of the rate-rigging scandal have had their criminal charges overturned by the top UK court after years of fighting.
Former UBS and Citigroup trader Tom Hayes was found guilty in August 2015 of conspiracy to defraud by ‘rigging’ the Libor. He was sentenced to 11 years in prison and was released after five and a half years.
A former Barclays trader, Carlo Palombo, was found guilty in March 2019 of conspiracy to defraud by rigging the Euro Interbank Offered Rate (Euribor). Palombo served four years in prison.
Read more of the story here 👇
https://www.cityam.com/city-traders-criminal-convictions-overturned-by-supreme-court-after-decade-long-legal-battle/
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- Title
- UEFA Women's EURO 2025 final: How much could England's national team win?
- Runtime
- 1:28
- Date posted
- 11 months ago
- Description
- In total, 114 nationalities are represented among fans looking to celebrate women’s football at the UEFA Women's EURO 2025 final.
UEFA has forecasted the tournament would deliver a revenue of £111.3m. That’s double what the Women’s EURO generated in 2022.
More than half of this revenue is expected to come from media rights, approximately £62.6m, with commercial rights forecasted to deliver £35.6m, and just under £13m is expected to come from tickets and hospitality.
Click the link in our bio to read more about the UEFA Women's EURO 2025 🔗
#news #football #sports #sportsnews #soccer #womensfootball #footballteam #euro #euro2025 #uefa #uefaeuro #final #eurofinal #business #businessnews #businessgrowth #economics #economy #finance #financialnews #unitedkingdom #england #france #germany #italy
- Title
- UEFA Women's EURO 2025 final: How much could England's national team win?
- Runtime
- 2:26
- Date posted
- 11 months ago
- Description
- In total, 114 nationalities are represented among fans looking to celebrate women’s football at the UEFA Women's EURO 2025 final.
UEFA has forecasted the tournament would deliver a revenue of £111.3m. That’s double what the Women’s EURO generated in 2022.
More than half of this revenue is expected to come from media rights, approximately £62.6m, with commercial rights forecasted to deliver £35.6m, and just under £13m is expected to come from tickets and hospitality.
Read more about UEFA Women's EURO 2025 here 👇
https://www.cityam.com/lionesses-semi-final-drama-breaks-itv-viewing-figures-record/
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Produced by: Andreea Gheorghe, Scarlett Wild, Emmanuel Nwo...
- Title
- Is playing The National Lottery still gambling? | Boardroom Uncovered
- Runtime
- 35:21
- Date posted
- 11 months ago
- Description
- In this episode of Boardroom Uncovered, the CEO of Allwyn UK has insisted that The National Lottery is not gambling, despite the company being regulated by the Gambling Commission.
Andria Vidler, who has been the head of Allwyn UK for nearly two years at the time of recording, sought to set The National Lottery apart from betting giants such as Bet365, Betfred and PaddyPower.
Vidler also opened up to City AM's UK Editor and host, Jon Robinson, about her aim to encourage the British public to spend a few pounds extra on The National Lottery.
The CEO said this would help Allwyn UK invest in The National Lottery, continue its digital transformation and increase the amount of money donated to good causes and the prize money.
Watch or listen to more Boardroom Uncovered episodes here 👇
https://linktr.ee/boardroomuncovered
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- Title
- How food inflation in the UK will impact your groceries bills
- Runtime
- 0:44
- Date posted
- 11 months ago
- Description
- Food inflation surged in May as the prices of dairy and fresh meat products skyrocketed.
Grocery price inflation hit its highest level since January 2024 at 5.2 per cent in the four weeks to 13 July, according to Kantar.
The average household spends at the grocers has now reached £5,283 a year, which could add £275 to bills “if people’s shopping habits stay the same”, Kantar added.
“Just under two-thirds of households say they are very concerned about the cost of their grocery shopping, and people are adapting their habits to avoid the full impact of price rises,” Fraser McKevitt, head of retail and consumer insight at Worldpanel, said.
Click the link in our bio to read more about the story 🔗
#uk #news #inflation #food #foodinflation #grocery #groceryshopping #bills #business #finance #money #personalfinance #retail #economy #economics
- Title
- How food inflation in the UK will impact your groceries bills
- Runtime
- 1:29
- Date posted
- 11 months ago
- Description
- Food inflation surged in May as the prices of dairy and fresh meat products skyrocketed.
Grocery price inflation hit its highest level since January 2024 at 5.2 per cent in the four weeks to 13 July, according to Kantar.
The average household spends at the grocers has now reached £5,283 a year, which could add £275 to bills “if people’s shopping habits stay the same”, Kantar added.
“Just under two-thirds of households say they are very concerned about the cost of their grocery shopping, and people are adapting their habits to avoid the full impact of price rises,” Fraser McKevitt, head of retail and consumer insight at Worldpanel, said.
Read more of the story here 👇
https://www.cityam.com/food-inflation-could-push-annual-grocery-bills-up-by-275/
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- Title
- Will Sizewell C nuclear power plant create 10,000 jobs in the UK?
- Runtime
- 1:06
- Date posted
- 11 months ago
- Description
- How will Labour’s £38 billion Sizewell C nuclear power plant impact the UK economy?
Energy secretary Ed Miliband has signed off on a £38bn deal to build Sizewell C, with Canadian investment fund La Caisse, British Gas owner Centrica and French state companies lining up to back the nuclear power station.
In a final decision signed off by Miliband, the government has agreed to be the largest equity shareholder in the project – which had been slated to cost £20bn – with an “initial” stake of 44.9 per cent.
The newly-created National Wealth Fund will provide the majority of Sizewell C’s debt finance alongside French public credit agency Bpifrance Assurance Export, which is providing £5bn in debt guarantee, to support its building. La Caisse will take a 20 per cent share in Sizewell C while Centrica’s stake will be 15 per cent.
Click the link in our bio to read more about the story 🔗
#uk #news #energy #g...
- Title
- Will Sizewell C nuclear power plant create 10,000 jobs in the UK?
- Runtime
- 2:49
- Date posted
- 11 months ago
- Description
- How will Labour’s £38 billion Sizewell C nuclear power plant impact the UK economy?
Energy secretary Ed Miliband has signed off on a £38bn deal to build Sizewell C, with Canadian investment fund La Caisse, British Gas owner Centrica and French state companies lining up to back the nuclear power station.
In a final decision signed off by Miliband, the government has agreed to be the largest equity shareholder in the project – which had been slated to cost £20bn – with an “initial” stake of 44.9 per cent.
The newly-created National Wealth Fund will provide the majority of Sizewell C’s debt finance alongside French public credit agency Bpifrance Assurance Export, which is providing £5bn in debt guarantee, to support its building. La Caisse will take a 20 per cent share in Sizewell C while Centrica’s stake will be 15 per cent.
Read more of the story here 👇
https://www.cityam.com/sizewell-c-gets-38bn-sign-off-w...
- Title
- Why MAS Markets is excited about crypto's future in the UK | Growth 500
- Runtime
- 5:32
- Date posted
- 11 months ago
- Description
- City AM attended the Growth 500 awards, sponsored by Business Leader – the definitive celebration of the fastest-growing businesses in the UK and the leaders behind them.
Managing Editor Rupert Hargreaves had the opportunity to speak with Robert Brown, the co-founder of MAS Markets, which is a global FCA-regulated liquidity provider that tailors solutions for brokers, hedge funds, family offices and professional traders.
Brown expressed his excitement about the future of crypto in the UK and also touched on how, in the next five to 10 years, the use of crypto will be mainstream in overall operations.
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Produced by: Rupert Hargreaves, Joseph Curay Teneda, Emmanuel Nwosu
...
- Title
- How did the UK government spend £1.4 billion on management consultants?
- Runtime
- 1:35
- Date posted
- 11 months ago
- Description
- Government spending on management consultants rose by over £150m during Labour's first year in office, despite the party's manifesto pledge to halve the amount departments dish out to third-party advisers, City AM can reveal.
Total spending on management consultancy contracts totalled £1.44bn during the first 12 months of the government's four-year term, up from £1.28bn the year before, according to data from public sector contract platform Tussell.
The jump in spending has left the government's pre-election pledge to crack down on what it branded "the excessive use" of the sector in jeopardy, and is further evidence of civil servants' proclivity to lean on corporate advisers to help manage key government projects.
Click the link in our bio to read more about the story 🔗
#uk #news #politics #labourparty #keirstarmer #rachelreeves #business #finance #consulting #consultant #bigfour #managementconsulting #deloitte #kpmg #ey #pwc
- Title
- How did UK government spend £1.4 billion on management consultants?
- Runtime
- 2:47
- Date posted
- 11 months ago
- Description
- How did the UK government spend £1.4 billion on management consultants?
Government spending on management consultants rose by over £150m during Labour's first year in office, despite the party's manifesto pledge to halve the amount departments dish out to third-party advisers, City AM can reveal.
Total spending on management consultancy contracts totalled £1.44bn during the first 12 months of the government's four-year term, up from £1.28bn the year before, according to data from public sector contract platform Tussell.
The jump in spending has left the government's pre-election pledge to crack down on what it branded "the excessive use" of the sector in jeopardy, and is further evidence of civil servants' proclivity to lean on corporate advisers to help manage key government projects.
Read the latest political stories here 👇
https://www.cityam.com/category/politics/
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- Title
- Will abolishing Ofwat help the UK government cut British water pollution?
- Runtime
- 1:12
- Date posted
- 11 months ago
- Description
- Ofwat is set to be scrapped and replaced by a “single, powerful regulator” aimed at cutting water pollution and protecting families from higher bills, the government has revealed.
The Department for Environment, Food and Rural Affairs (Defra) has said operations conducted in England by Ofwat will be merged with the Environment Agency, Natural England and the Drinking Water Inspectorate, tying up water regulation into one body.
Labour officials will also work with the Welsh government to devolve regulation of water.
Environment secretary Steve Reed said reforms were urgent as he described the water industry as “broken”.
Click the link in our bio to read more about the story 🔗
#uk #news #environment #politics #business #businessnews #finance #personalfinance #economy #economics #water #river #thamesriver #ofwat #labourparty #stevereed
- Title
- Will abolishing Ofwat help UK government cut British water pollution?
- Runtime
- 2:42
- Date posted
- 11 months ago
- Description
- Will abolishing Ofwat help the UK government cut British water pollution?
Ofwat is set to be scrapped and replaced by a “single, powerful regulator” aimed at cutting water pollution and protecting families from higher bills, the government has revealed.
The Department for Environment, Food and Rural Affairs (Defra) has said operations conducted in England by Ofwat will be merged with the Environment Agency, Natural England and the Drinking Water Inspectorate, tying up water regulation into one body.
Labour officials will also work with the Welsh government to devolve regulation of water.
Environment secretary Steve Reed said reforms were urgent as he described the water industry as “broken”.
Read the full story here 👇
https://www.cityam.com/ofwat-should-be-replaced-review-says/
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...
- Title
- How the Astronomer CEO’s Coldplay concert cameo broke the internet
- Runtime
- 1:07
- Date posted
- 11 months ago
- Description
- It’s the story that has brought a software company specialising in data pipelines onto global front pages, City AM's Deputy Life&Style Editor, Adam Bloodworth, says.
As the Jumbotron camera panned around a Coldplay concert in Boston earlier this week, a seemingly happy couple were filmed embracing.
It turns out that the pair are colleagues, who are Andy Byron, the chief executive of New York-based software company Astronomer, and the firm’s chief people officer, Kristin Cabot.
Click the link in our bio to read more Life&Style stories 🔗
#news #chrismartin #coldplay #coldplayconcert #concert #astronomer #lifestyle #tech #technews #technology #science #astronomy #music #andybyron #kristincabot
- Title
- How the Astronomer CEO’s Coldplay concert cameo broke the internet
- Runtime
- 2:00
- Date posted
- 11 months ago
- Description
- It’s the story that has brought a software company specialising in data pipelines onto global front pages, City AM's Deputy Life&Style Editor, Adam Bloodworth, says.
As the Jumbotron camera panned around a Coldplay concert in Boston earlier this week, a seemingly happy couple were filmed embracing.
It turns out that the pair are colleagues, who are Andy Byron, the chief executive of New York-based software company Astronomer, and the firm’s chief people officer, Kristin Cabot.
Read more Life&Style stories here 👇
https://www.cityam.com/life-and-style/
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Produced by: Matt Kenyon, Adam Bloodworth, Joseph Curay Teneda, Emmanuel Nwosu
#news #chrismar...
- Title
- Would you prefer pizza or volunteering days as a perk at work?
- Runtime
- 0:39
- Date posted
- 11 months ago
- Description
- [PARTNER CONTENT]
Would you prefer pizza or volunteering days as a perk at work?
Now the votes are in! City AM teamed up with YourCause from Blackbaud to ask Londoners what they would prefer: free pizza days or volunteering as an office perk?
We found four out of five workers in the City prefer to give back. What would you prefer as an office perk? Let us know in the comments 👇
Looking to boost employee engagement while making a difference at your organisation? Head over to yourcause.co.uk to speak with a CSR expert at YourCause 🔗
Special thanks to Blackbaud for making this possible!
#blackbaud #yourcause #voluteering #employeeengagement #worktrends #business #london #uk #pizza #lifestyle #partnercontent
