B&M Retail goes for high IPO price June 11, 2014 B&M Retail is expected to set the price of its initial public offering at 270p per share today, in a show of confidence in the float despite a string of recent disappointments on the London market. The bargain retailer had earlier this week revised up its range to between 260p and 280p per share, encouraged [...]
Where can I use Apple Pay in the UK? The A-Z of shops, restaurants and apps which will accept mobile payment with iPhone 6 and 6 Plus November 17, 2015 Apple launched its mobile payment service, Apple Pay, in the UK in its first mobile payment move beyond the US, capitalising on the boom in mobile and contactless payments among consumers. iPhone 6 and 6 Plus users can now pay with just the tap of a smartphone, or Apple Watch, across the high street and [...]
‘Stupid’ Anthony Martial earns pardon from Manchester United boss Louis van Gaal with Champions League equaliser in Moscow October 22, 2015 CSKA Moscow 1 Manchester United 1 Manchester United boss Louis van Gaal insisted he had forgiven Anthony Martial for a “stupid” blunder after the teenager rescued a point for his side against CSKA Moscow in the Russian capital last night. Returning to the scene of their 2008 Champions League triumph over Premier League rivals Chelsea, [...]
FTSE 100 and 250 promotions and relegations: Tullow Oil, Afren set to slip after quarterly review March 2, 2015 Tullow Oil and Afren are likely to slip out of their respective FTSE indexes after this week's quarterly review. Analysis by Société Générale said Tullow Oil could fall out of the FTSE 100. The Irish firm recently reported a £1.3bn pre-tax loss, its first in 15 years, having revealed a $2.3bn (£1.5bn) write-off in January. [...]
M&B sees some Christmas cheer as sales increase January 29, 2015 PUB GROUP Mitchells & Butlers yesterday said it saw a good performance over the festive trading period. However, it warned its margins remained under pressure owing to the integration of the Orchid business, which it purchased for £266m last June, and pricing pressures. The FTSE 250-listed company said sales in the 17 weeks to 27 January [...]
How B&M Retail IPO nearly beat Prada June 12, 2014 A budget department store founded by a shopkeeper in Blackpool during the late 1970’s has today become the biggest retailer to come to the stock market since fashion house Prada three years ago. According to fresh figures released this afternoon B&M Retail, which started life in the seaside resort in 1978, raised £1.1bn ($1.8bn) in [...]
COP21 Paris climate change summit: UK emissions are dropping faster than the EU average – but what countries are emitting most carbon dioxide? December 2, 2015 As the world waits for the outcome of the Paris talks, where world leaders are hoping to sign a new global climate deal within the next week, how much is each country actually emitting? City A.M. has crunched the numbers to find what countries are emitting most – and, crucially, which have reduced their emissions [...]
Clearbell snaps up £200m of property assets August 19, 2015 CLEARBELL has splurged £200m on two separate portfolios of retail, industrial and office properties spread out across the UK, the private equity real estate fund management said yesterday. The Amber portfolio contains 29 properties totalling two million square feet and is let to tenants such as B&Q, Travis Perkins and Sports Direct.com. Clearbell acquired the [...]
Donald Trump, Jeb Bush, Ted Cruz and others: Who said what in the Republican debate? December 16, 2015 Nine candidates took part in the Republican debate yesterday in Las Vegas, including frontrunner Donald Trump and his rival Jeb bush, and senators Marco Rubio and Ted Cruz. Terrorism and national security were big topics dominating the discussion, while a series of jabs were made at Trump by the other participants. Here's who said what [...]
Crowdfunding: Enter the disruptive finance revolution October 1, 2015 The funding situation for British startups has changed irrevocably since the global financial crisis. Equity crowdfunding has quickly become an important funding mechanism for many small businesses and is now a major part of the UK’s entrepreneurial finance landscape. Currently valued at £146m in 2015, this is almost double the figure for 2014, and [...]