Labour candidate’s failed FX firm held £2.7m for company embroiled in bribery scandal June 27, 2024 The collapsed foreign exchange (FX) firm owned by Labour candidate and former deputy mayor of London, Rajesh Agrawal, was holding millions of pounds in cash for a Maltese company linked with a bribery scheme, City A.M. can reveal.
Untitled F*ck M*ss S**gon Play: A tough slog at the Young Vic September 28, 2023 Kimber Lee’s Untitled F*ck M*ss S**gon Play had me right up until the moment when it didn’t. It’s a work filled with righteous indignation about the portrayal of Asian people in popular fiction, from Madam Butterfly to Miss Saigon to a thousand other white, colonial fantasies about mystical “orientals”. The same story is essentially acted [...]
TikTok fined £296m by watchdog over how it processed children’s data September 15, 2023 TikTok has been fined 345 million euro (£296 million) by Ireland’s data watchdog following an investigation into how the social media platform processed children’s data. The fine was imposed on TikTok Technology Limited (TTL) by the Data Protection Commission (DPC) after the probe into how certain privacy settings and features complied with obligations under the EU’s General Data [...]
McColl’s still owes £45m to unsecured creditors following collapse June 19, 2023 Unsecured creditors to McColl’s are still owed £45m following the collapse of the convenience chain. The high street grocer and newsagent, which first launched as a food stall in the late 1800’s, was acquired by Morrisons for £182m with an extra £8m to be handed to unsecured creditors. Now an administration report seen by The [...]
TVL makes ‘strides’ in securing £19.5m investment for refinery set to power UK’s EV boom August 5, 2024 The company behind Tees Valley Lithium (TVL) said it is making "significant strides" in securing up to $25m (£19.5m) in funding for its Wilton refinery project.
More than 200 jobs axed after M&S deal to buy Jaeger fails to save stores January 15, 2021 More than 200 high street jobs have been axed after womenswear brand Jaeger collapsed, resulting in the closure of its 63 stores. Marks & Spencer has acquired Jaegers stock and marketing assets but the retailer’s stores and concessions were not part of the deal. In total 211 store staff and 22 head office employees have [...]
F1’s Coulthard, Hakkinen and McNish in classic car firm seeking £50m injection December 17, 2023 Former racing drivers David Coulthard, Mika Hakkinen and Allan McNish are looking to raise £50m as part of a consortium of investors focusing on classic cars. The trio of motorsporting stalwarts are non-executive directors of a classic car investment firm that is listed on the London Stock Exchange as Tertre Rouge Assets PLC (TRA). TRA [...]
Screenshot – City A.M.’s new weekly TMT column October 16, 2020 This new weekly column brings you all the biggest stories and trends in technology, media and telecoms This week: ** Media Moment of the Week: Piers Morgan makes a confession ** The OECD, Amazon and a terrible week for tech tax ** All streamed up: What’s next for Netflix? Media Moment of the Week “I [...]
Businessman jailed over Gray’s Inn bomb plot amid £1.4m legal wrangle September 22, 2023 A businessman suspected of being involved in an international money laundering ring who targeted two lawyers for Britain’s FBI by orchestrating a bomb plot against them has been jailed for eight years and two months. Jonathan Nuttall, 50, was convicted of conspiring with his driver, Michael Sode, and an ex-marine, Michael Broddle, to plant two [...]
Size’s M can spoil Special comeback win for returning Chadwick February 7, 2023 IT’S GOOD to see jockey Matthew Chadwick back in action for the first time since he fractured his ankle in a track-trial accident back in December. The injury couldn’t have happened at a worse time for the former Hong Kong Champion Apprentice, who was on fire, riding 17 winners, and at the top of his [...]