Mark Kleinman’s big predictions for the Square Mile in 2019 January 11, 2019 Sir Martin Sorrell’s WPP exit, Unilever’s HQ U-turn, Melrose’s swoop for GKN: 2018 was a year full of surprises in the City. And while forecasting might be a fool’s errand, here are 10 predictions for the year ahead. •Theresa May will decisively lose next week’s “meaningful vote” on Brexit: that’s not a punt that will [...]
London Calling: Why we back the City June 10, 2021 London remains one of the preeminent financial centres of the world. For some this statement is an outdated notion which forgets the turmoil of recent years. Brexit, relatively unstable governments, and the pandemic have all contributed to a misplaced sense of decline. However, for all the drama of the past few years, if you step [...]
Don’t ruin Christmas by bringing Brexit to the dinner table December 21, 2018 The build up to Christmas has almost reached its agonising conclusion. Since November, when the first few flinching bars of Slade seeped from the radio, we’ve crawled through endless reels of TV adverts and Christmas lights. It’s nearly over, though; the bonus has been frittered on tat for loathed relatives, the out-of-office message is on, [...]
London-based tech company Fever secures $20m Series C funding July 5, 2018 Secret London owner Fever is set to expand into new markets across Europe and North America after securing $20m (£15.1m) in a Series C fundraise. The company runs a fast-growing entertainment and experience booking app that uses a recommendation algorithm to help its 12m unique weekly users discover new restaurants, bars, events, concerts, and experiences. [...]
Auction house breaks record with £10m Aston Martin sale July 14, 2018 Auction house Bonhams yesterday broke the record for the most valuable British car sold at a European auction when an Aston Martin was sold for more than £10m. The 1961 Aston Martin DB4GT Zagato fetched £10,081,500, which Bonhams said was a record. It sold in the room to a European buyer. The lot was part [...]
Bonhams breaks record with £10m Aston Martin sale | City A.M. July 14, 2018 Auction house Bonhams yesterday broke the record for the most valuable British car sold at a European auction when an Aston Martin was sold for more than £10m. The 1961 Aston Martin DB4GT Zagato fetched £10,081,500, which Bonhams said was a record. It sold in the room to a European buyer. The lot was part [...]
Bricking it: Lego sales and profits fall on weaker dollar September 4, 2018 Lego was impacted by the weaker US dollar in the first half of 2018, reporting lower sales and profits today. The Danish toy company said it was pleased with performance given the challenges of the toy industry, and is now focused on stabilising the business. The figures Global consumer sales grew one per cent in [...]
Standard Life Aberdeen’s share price falls as firm reveals plans to return £1.75bn to shareholders May 29, 2018 Standard Life Aberdeen’s share price fell this morning after the firm revealed plans to return £1.75bn to its shareholders following the sale of its UK and European insurance business to Phoenix Group. The finance giant this morning announced plans to gift £1bn to shareholders via a B share scheme, in which new B shares will [...]
Standard Life Aberdeen’s share price falls as firm reveals plans to return £1.75bn to shareholders May 29, 2018 Standard Life Aberdeen's share price fell this morning after the firm revealed plans to return £1.75bn to its shareholders following the sale of its UK and European insurance business to Phoenix Group. The finance giant this morning announced plans to gift £1bn to shareholders via a B share scheme, in which new B shares will [...]
From cricket paté to worm salad, insects are the planet-saving diet of the future October 23, 2018 The health trend is a peculiar thing. Societies have long been captivated by the latest in-vogue recipe or ingredient, often for calorie-reducing and appearance reasons. From the Victorian fad of adding arsenic to diet regimes, to 1920s tobacco companies promoting cigarettes as appetite-suppressants, trends designed to help the public lose weight have long been popular – [...]