Urgent appeal after child’s ashes left in back of black cab in the City July 28, 2023 An urgent appeal has been launched after an urn with children’s ashes in it was left in the back of a Black Cab in the Square Mile. The City of London Police is facilitating the plea to reunite the item with its owner, after it was left during a journey in the City in [...]
Britvic cheers strong results as it adds two further brands to its drinks cabinet July 27, 2023 Britvic this morning announced a positive set of third quarter results for the period ended 30 June, with UK revenue leaping 10 per cent on the previous year to reach £476m. The largest supplier of branded still soft drinks in Great Britain, which owns brands such as J20 and Robinson’s, also announced the acquisition of [...]
Ofgem moves to shore up energy sector risk consolidating big firms’ market power July 26, 2023 Suppliers are facing tightening financial rules from regulator Ofgem, which is desperate to avoid a repeat of the domestic energy crisis.
Women rightly top the bill as Diamond League returns to London July 21, 2023 After a four-year absence, top level track and field will return to the capital this weekend when the London Stadium stages Diamond League athletics. More than a decade after Mo Farah did the double, Usain Bolt the treble and Super Saturday took place at the London 2012 Olympics, Sunday offers a chance for the next [...]
Mid-market M&A remains resilient as UK market hopes for deal surge July 20, 2023 Mid-market deal activity in the UK has remained resilient despite a fall in the overall level of deals year-on-year, according to new data from Big Four firm PwC. In the first half of the year mid-market deals worth less than £1bn increased 1.8 per cent in the UK as smaller deals remained easier to finalise [...]
Gresham House to be taken private in £470m deal with US-based Searchlight Capital July 17, 2023 Gresham House will become the latest UK-listed firm to be taken private after agreeing a £470m deal with US-based private equity company Searchlight Capital. Shareholders in the AIM-listed fund manager, which invests in assets such as forestry and solar farms, will receive 1,105p per share, a premium of 63 per cent to its closing price [...]
Uber reveals UK profit for the first time: £32 million July 16, 2023 Uber booked £3.4 billion in revenue from the UK segment of its business last year, it has been revealed.
Bolt to relocate driver hub to the City as UK users hit 9 million milestone July 12, 2023 Ride-hailing platform Bolt has relocated its driver hub to a city centre location on the back of racing demand for its taxis, City A.M. has learned. Bolt told City A.M. that it has relocated the hub from Chiswick to Bermondsey due to soaring passenger demand and increase in drivers, revealing that it now has 100,000 [...]
Trevor Carlin: Formula 1’s Norris has talent of Senna and Verstappen July 5, 2023 You know that feeling when you’ve helped someone out, given them advice and seen them go on to do something special? Well that’s a feeling motorsport team manager Trevor Carlin must have daily about his roster of Formula 1 alumni. Carlin Motorsport, founded in 1996, can lay claim to six of the current 20 F1 [...]
The Notebook: Kate Willard on how building connections is the key to business June 22, 2023 The notebook is a place where interesting people say interesting things. Today it’s Kate Willard, envoy for the Thames Estuary. The best partnerships are forged in person Ploughing through three feet of snow through downtown Detroit one bitterly cold February morning wasn’t perhaps the classic route to a new world of business opportunity. For one [...]