Card Factory: Shares rocket as investors cheer ‘solid’ performance April 30, 2024 Shares in personalised gift and party supply business Card Factory grew eight per cent in early trade, as the firm resumed its dividend payout and reported a rise in revenue.
UK banks to ramp up data sharing in dirty money crackdown June 22, 2023 British banks are gearing up to share more data with their peers on suspected serious economic crime as part of wider efforts to stem dirty money flows into the country from Russia and elsewhere, four sources with knowledge of the matter told Reuters. More than half a dozen banks are in advanced talks with British [...]
Ex-Home Office chief Sir Philip Rutnam launches legal action against Priti Patel April 20, 2020 Former Home Office chief Sir Philip Rutnam has launched legal action against home secretary Priti Patel. Sir Philip, who was the most senior civil servant in the department, today lodged an employment tribunal claim for unfair dismissal and whistleblowing against Priti Patel, according to civil service union FDA. A government spokesperson said: “We do not [...]
Rolls-Royce AI lead replaces Sir Patrick Vallance as national technology adviser September 14, 2023 A former Rolls-Royce technology officer who led on AI is set to replace Sir Patrick Vallance as the government’s national technology adviser. Dr Dave Smith, previously managing director of the software firm Roke that developed Hawkeye, will work on integrating academic and industry expertise with the government. Dr Smith told City A.M. he wanted to [...]
How I built one of Wework’s UK competitors — using a little bit of colour March 26, 2024 Gabriela Hersham had to borrow a man to raise capital for her business. Ten sites later, she's not looking back.
Mark Kleinman: WeWork’s decline foretells trouble in the property market November 9, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Luxury retailer Kering warns of profit slump as Gucci burdens continue April 23, 2024 Kering braces for a profit slump in the first half of the year as the luxury goods giant struggles to win back Gucci sales.
Barings sells listed St James’s office building for £71m February 17, 2020 Real estate investment manager Barings has sold a Grade II listed office building in St James’s to a German property investor for £71m. Cara Real Estate, the property investment arm of Cara Investments, has acquired 7-10 Waterloo Place, in its second London deal following the purchase of 20 Soho Square for £117m in 2018. Barings [...]
Whoever wins the election, the London Mayor needs real power April 23, 2024 The two main candidates for the 2024 London mayoral election, Sadiq Khan and Susan Hall, have largely run campaigns centred around not being the other one. For both, this is probably sensible electioneering, but it doesn’t exactly inspire.
Met Police names Commissioner to replace Dame Cressida Dick while force is in special measures July 8, 2022 Former counter-terrorism chief Sir Mark Rowley has been appointed as the new Metropolitan Police Chief. The move comes after the resignation of former top officer Dame Cressida Dick, and the force being put into special measures over its failings. The Met was in particular criticised over the death of Sarah Everard, who was kidnapped raped [...]