Having your cake and eating it! Three lucky winners receive sweet treats in City A.M. competition January 19, 2023 Three lucky City workers received yummy cakes from award-winning London bakery Cutter and Squidge after teaming up with City A.M. The special delivery to three Square Mile workers took place after this paper ran a competition in response to comments by the boss of the food regulator about cakes. And we take these things very personally. [...]
Pets at Home launches £25m share buyback programme amid slow sales growth June 24, 2024 Pets at Home's share buyback will be undertaken in two phases, the first of which begins today and ends before September 27, 2024, and follows £100m in completed buybacks over the last two years.
Liberty Global’s Andrea Salvato may be new Vodafone Chief December 19, 2022 Andrea Salvato is a contender for the top job at Vodafone according to latest reports from London’s telecom sources. Nick Read, Vodafone’s current CEO will step down at the end of the year after a financially turbulent quarter for the telecommunication giant. Beginning of December, the company had seen a 44 per cent decline in [...]
Body Doubling Is The New Workplace Productivity Hack August 3, 2023 Do you find it hard to start tasks, not to mention complete them on deadline? Studies show that roughly one in five people globally are textbook procrastinators, while a 2019 report found that 88% of the workforce tends to procrastinate for at least one hour a day. Most of us do it to some extent. [...]
Abu-Dhabi backed RedBird IMI makes £1bn swoop on another London media company, All3Media February 16, 2024 Investment fund RedBird IMI is set to snap up British TV and film production company All3Media just months after pouncing on the Telegraph.
Glencore execs used private jets to fly cash bribes to Africa, court hears November 2, 2022 Glencore executives used private jets to fly millions of dollars in bribes to officials in Africa to boost their oil trading activities, a London Court heard today. Traders on Glencore’s London-based West Africa trading desk organised to have bribes, which were withdrawn from the commodity trader’s offices in Switzerland, flown to officials in Cameroon and [...]
Loss of tax-free shopping costing the UK £4.1bn, say London bosses July 26, 2023 Scrapping the tourist tax could generate £4.1bn annually for the UK economy, new research suggests, as a cluster of prominent business owners call for the government to reinstate VAT shopping for international tourists. Rishi Sunak scrapped the tax which saw international shoppers able to claim 20 per cent back with their purchases. It was largely [...]
HMRC hitting businesses who fail to publish tax strategy with hefty fines October 17, 2023 HMRC is cracking down on larger UK businesses that fail to disclose their tax strategies to the public, with possible fines of £7,500.
Harrods hails rise in profit as iconic London store recovers from pandemic lull August 15, 2023 Harrods, the world famous department store in Knightsbridge, recorded a profit for the year ending January 2023, as the iconic London shop fully rebounded from the pandemic lull. Luxury shoppers keen to blow their cash in the capital helped hike operating profits at Harrods to £202.7m up from a weak £71.4m the prior year. The [...]
St James’s Place calls in new finance chief from UBS as turnaround effort continues June 13, 2024 Embattled wealth manager St James’s Place has called in a new finance chief today from investment bank UBS as it continues efforts to steady the ship following a torrid year in which nearly £3bn has been wiped from its value.