Monday's front page 🗞️ #TomorrowsPapersToday

Michael Gove has said he cannot look at official figures showing a record number of children living in temporary accommodation with “anything other than regret” and blamed not enough homes being built.
cityam.com/gove-admits-re…

Rishi Sunak has insisted that “things are starting to feel better” and that confidence in the economy is growing after the UK economy moved out of recession, although he conceded it would “take time” for people to really feel the benefits.
cityam.com/sunak-insists-…

NHS outsourcer Totally has warned of “unforeseen pressure” on its services after it initiated a restructuring to manage growing costs.
cityam.com/struggles-cont…

If the immigration system remains as it is, the UK will be closed for business, writes London Chamber of Commerce & Industry chair Julia Onslow Cole
cityam.com/the-uks-immigr…

London-based payments fintech GoCardless is weighing up further acquisitions in the open banking space as it looks to rebound from a challenging 2023 and achieve profitability next year.
cityam.com/gocardless-fin…

Policy makers love that we're building tech companies like Darktrace in the UK but hate it when they scale in the US. Time to regulate for reality

Says Camilla

cityam.com/does-the-darkt…

US law firm Quinn Emanuel Urquhart & Sullivan has hiked the salaries of its newly qualified (NQ) London lawyers to £180,000, the firm said today.
cityam.com/us-law-firm-up…

The FTSE 100’s record-breaking run looks set to run a little longer, with the index on course for its best week all year.

Shortly before 1.30pm, it was at 8,446.89, about 0.78% up, having set a new all-time high of 8,455.20 earlier in the morning.

cityam.com/ftse-100-live-…

Automotive giant Jaguar Land Rover netted a record £29bn in revenue last year, up 27 per cent, while pre-tax profit rose to £2.2bn to the highest level since 2015.
cityam.com/jaguar-land-ro…

The FTSE 100’s record-breaking run looks set to run a little longer, with the index on course for its best week all year.
cityam.com/londons-ftse-1…

The #FTSE100 powered higher on Friday with miners leading the charge on London’s premier index.

The blue-chip index was trading 0.80 per cent higher at 8,448.68, having set yet another all-time high.

#FTSE250 also performed well, climbing 0.78 per cent
cityam.com/ftse-100-live-…

Tech giant Apple has said sorry for a controversial advert crushing various creative items in an industrial machine, saying it “missed the mark”.
cityam.com/apple-missed-t…

City A.M. gathered insights from six major investment banks, finding that three foresee a rate cut in June, while the other three suggest it might happen in August.

Some big names like Morgan Stanley, Deutsche Bank, and HSBC anticipate a June rate cut.
cityam.com/banks-divided-…

FTSE 100 movers and shakers, as London continues to make strides!

#FTSE100

Vodafone - up 2.20%
Glencore - up 2.28%
Rightmove - down 5.39%

#FTSE250
Crest Nicholson - up 4.01%
Watches of Switzerland - up 3.33%
Marshalls - up 3.01%
C&C - down 3.07%

cityam.com/ftse-100-live-…

Drivers have been warned of significant disruption on the M25 as sections of Britain’s busiest motorway are set to close over the weekend.

The M25 will be shut between junctions 9 and 10 in Surrey, from 9pm on Friday 10 May to 6am on Monday 13 May.
cityam.com/m25-closure-tr…

“How can we have a culture in which we avoid talking about the big picture?”

Lucy Kenningham speaks to Hilary Lawson, metaphysicist and founder of philosophy festival How the Light Gets In HowTheLightGetsIn Festival cityam.com/how-the-light-…