Woodford investors take step closer to £230m payout after administrator’s takeover October 9, 2023 Burnt investors in Neil Woodford’s collapsed fund are a step closer to a £230m payout today after the management firm behind the failed vehicle was formally taken over.
Exclusive: Treasury urged to call emergency meeting to solve London’s listings crisis January 8, 2024 The Treasury is faced calls to convene an emergency meeting of top City institutions to try and stem the flood of firms away from London’s public markets, City A.M. can reveal.
Mike Ashley’s Frasers puts Matches Fashion into administration following bargain deal March 8, 2024 Mike Ashely’s Frasers Group is putting Matches Fashion, the luxury online fashion retailer, into administration less than three months after buying it in a cut price deal worth £52m.
Motorola sues UK government over £14m worth of unpaid bills June 24, 2024 Telecoms giant Motorola has filed a lawsuit against the UK government over claims it has failed to pay £14.5m worth of bills linked to a contract to modernise communications for the country’s emergency services.
Woodford investors mount final fight against ‘misleading’ £230m compensation scheme December 4, 2023 Burnt investors in Neil Woodford’s collapsed investment fund are mounting a final fight against a proposed £230m redress scheme today as a vote on the payout enters its final hours.
Energy-inefficient properties could burn £370m hole in pockets of London businesses January 10, 2024 Some 11.9 million sq ft of energy inefficient stock is set to arrive on central London’s market over the next three years, burning a £370m hole in businesses pockets.
Channel 4 to leave London headquarters and make hundreds redundant January 29, 2024 Its new plan also includes "moving out of Channel 4’s London base in the next few years", currently based at the £90m headquarters in Horseferry Road, Victoria, since 1994.
Ireland’s finance minister: Bringing Beyonce to Dublin? Insurance reform might do it October 9, 2023 Ireland’s finance minister Jennifer Carroll MacNeill tells City A.M. how her insurance reforms are more exciting than one might suppose.
General Election 2024: Labour backs British ISA plans but Natwest share sale under ‘review’ May 28, 2024 The Labour party has confirmed it will push ahead with the government’s plans to introduce a British ISA if elected to power but will keep the much-hyped sale of Natwest shares under “review”, City A.M. can reveal.
Man behind O2 Arena plots rival London venue April 21, 2024 The American businessman behind Manchester’s new £365m Co-op Live arena is considering building a second glitzy venue in the UK, this time in Hammersmith, arguing the capital is underserved by its current entertainment options.