London leads Europe in follow-on fundraising with busiest period in a decade July 13, 2020 While London markets may have faced a lull in new placings, they had their busiest half for follow-on fundraising in a decade. Data from accountancy firm EY shows more than £21bn of funds were raised in the first and second quarters in London. In the six months to June, existing issuers dominated the market raising [...]
DS Smith profit strengthened by e-commerce demand during lockdown July 2, 2020 Packaging supplier DS Smith has said a strong demand in ecommerce, as well as a growing environmental awareness, helped full year-profit inch up five per cent. The figures DS Smith reported full-year revenues of £6.04bn, down from £6.17bn in the year before. The coronavirus crisis has dented revenues by approximately £15m in the final two [...]
The Week Ahead: ITV, Rolls Royce, Morrison, ECB and UK GDP data March 8, 2021 It’s Monday morning. City A.M. looks ahead at what this week has in store. China Trade for February This morning – The Chinese economy finished 2020 on a strong note, its surplus hitting a record high in December. Exports rose by 18.1 per cent, slightly down from November’s 21.1 per cent but still better than expected, [...]
Pawnbroker H&T’s share price plunges on FCA review November 18, 2019 Shares in the UK’s leading pawnbroker plummeted this morning after the firm revealed it was working closely with the City watchdog to review its high-cost short term credit (HCSTC) loans business. H&T group’s share price crashed 25 per cent in early morning trading, with the firm announcing it has ceased all HSCTC unsecured lending, at [...]
Britain’s tech scene ready to welcome foreign talent after Trump’s visa ban June 24, 2020 The UK stands to gain from US President Donald Trump’s visa ban that will prevent foreign talent from setting up shop on American soil, tech figures have told City A.M., providing new opportunities to entrepreneurs and highly-skilled workers. An executive order signed by Trump this week suspended foreign work permits such as the H1-B and [...]
Twindemic warning: 30m Brits urged to get ‘potentially life-saving’ flu and covid jabs September 28, 2022 30 millions Bris have been urged to have flu and Covid boosters before the winter sets-in to avoid a “twindemic”. The UK Health Security Agency (UKHSA) said people should protect themselves against H3N2 – a subtype of influenza type A – and coronavirus, before expected resurgences of both happens in colder months. H3N2 is currently [...]
Boeing to pay $2.5 billion to settle U.S. criminal probe into 737 MAX crashes January 8, 2021 Plane maker Boeing will pay over $2.5bn to resolve the US Justice Department's investigation into two deadly 737 Max crashes that killed 346 people, the Justice Department said
Celebrities come out for crypto, but will Iron Mike have diamond hands? July 19, 2021 The Bitcoin price continues to hold above $30,000 again today, although it’s now down eight per cent on this time last week.
Lewes FC takeover OFF after failing to agree strategy with investors Mercury/13 November 27, 2023 Lewes and Mercury/13 said they h ad mutually ended the discussions.
Fashion industry magnate Karl Lagerfeld dies February 19, 2019 Karl Lagerfeld, the designer of haute-couture, died today aged 85, according to reports. The fashion icon died this morning at the American Hospital on the outskirts of Paris after being admitted yesterday, French site Pure People reported. Read more: MPs call for a penny tax on new clothes to cut waste Designer Donatella Versace posted a [...]