Category: Economy
West Ham United London Stadium deal costing taxpayers £19m a year
The London Stadium deal between West Ham United and City Hall costs taxpayers £19m a year, the stadium company’s chair has…
HSBC sells Singapore insurance arm to Allianz in £1.6bn deal
FTSE 100 HSBC has agreed to sell its health and life insurance business to German insurance giant Allianz for $2.1bn (£1.6bn)…
Sky and ITV mount defence of £1.6bn merger as regulators probe deal
Sky and ITV will argue their proposed £1.6bn merger controls only around a fifth of Britain’s advertising market as they seek…
Wise denied US banking licence in blow to expansion plans
Wise has been denied a US banking licence, setting back the payments giant in its biggest growth market just months after…
Apple’s new Siri is a dark horse in the AI race
The iPhone-maker does not need to build models to cash in on the technology …
Don’t blame supermarkets for your expensive groceries
Saying greedy shops have caused rising food prices is populist slop …
Burnham to cut pub business rates by 20 per cent
Andy Burnham has unveiled a 20 per cent cut to business rates for pubs, clubs and music venues. The £100m commitment…
Commonwealth Games must prove crises are thing of past
There is no evidence of Commonwealth Games fever in downtown St Peter Port. Guernsey, an island of 65,000 people, is sending…
FTSE 100 Live: Stocks to slip; Easyjet takes £200m profit hit after share slump
Welcome back to the City AM FTSE 100 liveblog. Easyjet is set to update the markets the day after its stock…
City law firms considering corporate-style models amid capital crunch
Artificial intelligence investment may force top City firms to abandon the traditional limited liability partnership (LLP) mindset and behave like capital‑hungry…
