US markets plunged last night after the Federal Reserve signalled that it would take a more cautious path to interest rate cuts next year. Following the Fed’s announcement, the Dow Jones fell 2.6 pe
British outsourcing giant Serco has said that its pipeline of business opportunities is at its strongest in over a decade thanks to a boost from North American defence contracts. The FTSE 250 firm to
Household water bills in England and Wales will increase by an average £31 a year over the next five years, regulator Ofwat has announced.
Ofwat will use new powers to fine Thames Water £18m for two dividend payments it made in the last year and a half.
The Financial Conduct Authority (FCA) has extended the time that companies have to respond to motor finance complaints following a landmark high court ruling. In an announcement today, the City watchd
A shake up could be coming for the UK’s investment trust industry after US hedge fund Saba Capital launched a campaign to topple the boards of seven different companies yesterday. “Like the Ghost
The London insurance market is the "jewel in the crown'", it's no surprise that US insurer Markel International has the City at the heart of its strategy
“There’s always light at the end of the tunnel,” said one London Stock Exchange executive in March, just after two more firms announced they were heading for the exit. “Don’t lose your head
Each week we dig into the memory bank of the City’s great and good. Today, Edd Lees, takes us through his career which went from finance to farming What was your first job? Working on a stall in Le
Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles buyouts at Boots, big bonuses at Natwest and Reeves’ C