Law firm mulls legal claim against Home REIT sister fund April 25, 2024 A law firm is considering bringing a legal claim against a Home REIT sister fund, which has collapsed in value and is being investigated by the Financial Conduct Authority (FCA), City A.M. has learned.
WPP fires employee detained on bribery charges in China October 24, 2023 British advertising giant WPP has fired staff member at GroupM in China after authorities detained them on suspicion of bribery last week.
UK government moves to block Telegraph deal and foreign takeovers March 13, 2024 The amendment may derail the proposed £600m purchase of the Telegraph by an Abu Dhabi-backed investment fund.
Lower prices help Ocado win back customers amid uncertainty over Marks joint venture March 26, 2024 Ocado Retail has continued to see a rise in orders as customers fall back in favour with the brand following a series of price cuts.
Vodafone and Three hit back at national security concerns June 26, 2023 Vodafone and Three UK have dismissed concerns about their merger threatening national security after facing criticism from MPs and trade bodies over Three’s ties to China. Three UK, owned entirely by Hong Kong-based CK Hutchinson Holdings, has provoked MPs and trade bodies to flag their concerns that the telecoms company’s links to China may endanger [...]
Aussie media firms have raked in £111m from Google and Facebook since law shake up March 10, 2022 A new report has revealed that Australian media firms have raked in A$200m (£111m) from Google and Facebook since last year’s regulatory crackdown that forced tech giants to negotiate payment terms.
Brutalist gatekeepers should remember people need homes too April 18, 2024 Another building project, another planning delay. It is as predictable as rain on a bank holiday. And it does the same thing to the mood of investors. London needs to build. The UK needs to build. It also needs to repurpose buildings, find new ways of linking up communities, and generally put the bricks and [...]
Cornish Metals gets £40.5m backing to revive tin production March 28, 2022 Cornish Metals has bagged a £40.5m funding injection as it looks to revive tin production at one of the county’s iconic tin mines.
Legal and General hits out at Apple’s plan to keep AI use secret March 13, 2024 Legal and General Investment Management (LGIM) has announced it plans to vote against Apple's use of AI at its upcoming annual meeting.
City A.M. recognises work of 2020’s Business Heroes December 17, 2020 The business world has never seen its foundations shaken as they have been throughout 2020. Lockdown has been a huge challenge for both companies and their staff, with vast swathes of the population first placed on furlough and then grappling with the technological and social difficulties of working from home. City A.M. has certainly not [...]