Car dealer Lookers predicts small profit after 2020 turbulence March 18, 2021 Car dealership Lookers this morning said that it was expecting a full year profit of £10m for 2020, beating analyst expectations of a small loss. Shares in the firm rose 5.4 per cent as markets opened this morning. In an update, the FTSE 250 firm said it was still working on its full accounts for [...]
Three amazing jobs to apply for this week September 3, 2021 As summer draws to a close (sad times), we’ll all start noticing changes. The weather, the kids back to school and so on. These changes may inspire you to make some changes of your own – where your job is concerned of course. September is notoriously a popular month for people looking for new jobs, [...]
Malaysia’s 1MDB launches legal bid to recover $23bn in assets after fraud scandal May 10, 2021 Malaysian state fund 1Malaysia Development Berhad (1MDB) has launched a legal bid to recover $23bn (£16.3bn) in assets following a fraud scandal that rocked the southeast Asian country. Malaysia and US state investigators estimate at least $4.5bn was stolen from 1MDB between 2009 and 2014 in a corruption scandal that has implicated former prime minister [...]
Train operator Go-Ahead admits to ‘serious errors and failures’ as shares suspended December 9, 2021 Train operator Go-Ahead Group has seen the trading of its shares temporarily suspended as it admitted to serious errors and failures in the way it ran the Southeastern rail franchise.
Consumer business leaders to ramp up cost-cutting measures this year, survey finds March 11, 2021 The economic pain caused by the pandemic is set to continue in the consumer business sector, as most bosses said they will continue to cut costs for the foreseeable future. Research showed that 73 per cent of chief executives and chief financial officers are planning to ramp up cost reduction programmes this year due to [...]
Snakes and Ladders: Who is moving jobs in the City this week? December 10, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City
Fast-fashion giant Missguided edges closer to a rescue deal December 19, 2021 Fashion retailer Missguided is on the cusp of a rescue deal, after a challenging pandemic period for the fast-fashion machine.
Amber Group toasts ‘gold standard’ SOC 2 compliance success January 19, 2022 Amber Group, a leading global digital asset platform, announced today that it has successfully achieved the Service Organisation Control (SOC) 2 compliance.
AJ Bell ends year overseeing £72.8bn in assets amid retail investor boom December 2, 2021 AJ Bell has enjoyed soaring profits and inflows for the year as non-professional investors turned to the platform in record numbers.
City Moves: Who’s switching jobs in the Square Mile today? November 30, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. KPMG KPMG has posted a new partner to its financial services technology practice, who moves from technology and consulting giant IBM. The former chief technology officer for IBM’s financial services offering, Bharat Bhushan, joins the Big Four [...]