Exclusive: City fund managers on the impact of the third lockdown January 13, 2021 In this 2-part series, City A.M. asked UK-focused fund managers what they make of post-Brexit trade arrangements, the impact of three lockdowns and the long-term outlook for the UK’s investment community. Yesterday, in part 1, the investment managers focused on the UK-EU deal and which sectors and companies may become the winners and losers from [...]
UK faces blackouts threat if more plants taken offline, warns nuclear boss January 4, 2023 Nuclear power has been “absolutely vital to keeping the lights on this winter”, warned a leading industry boss.
Expenses fintech Pleo rakes in $200m, tripling valuation to $4.7bn December 9, 2021 Fintech Pleo has raised $200m in an extended Series C round at a valuation of $4.7bn, hot on the heels of its last cash injection in July that saw it pass the unicorn threshold at lightning speed. Pitching itself as the “largest spend management company in Europe”, Pleo provides expense management subscriptions to businesses that [...]
Marston’s Christmas sales disappoint but restrictions lifting will enable ‘some semblance of normal trade’ January 25, 2022 Marston’s misses out on bountiful Christmas but signs show consumer confidence ‘rebuilding’ Pub operator Marston’s has joined other hospitality chains in reporting a disappointing Christmas trading period, with sales dipping. In a trading update for the 16 weeks to 12 January 2022, total like-for-like sales were down 3.9 per cent compared to the 2019 financial [...]
Elvis’ brother still lives in The King’s Las Vegas hotel. We met him. April 20, 2024 Elvis Presley's stepbrother still lives in a Las Vegas hotel. We went to meet him
UK brands unprepared for third-party cookie phaseout January 21, 2022 With new privacy updates from Apple and Google coming into force, as well as a deluge of data surfacing from new digital sources, UK marketers are facing a challenging 2022.
Hackers move £2.6bn of Bitcoin stolen in 2016 Bitfinex attack February 1, 2022 Hundreds of millions of pounds worth of Bitcoin, stolen during a 2016 hack of exchange Bitfinex, have been moved by attackers.
Prime London house prices skyrocket by 114 per cent as homebuyers flock back to the city April 30, 2022 While prime London property prices have remained largely flat on a year on year basis, life is starting to return to the capital’s top tier, with some postcodes seeing average sale prices climb by as much as 114 per cent. However, not everywhere has fared so well with some postcodes seeing a reduction in average [...]
M&S pledges to be fully net zero on carbon emissions by 2040 September 30, 2021 Supermarket Marks & Spencer has committed to becoming fully net zero in carbon emissions by 2040, a decade ahead of a national government target. The retailer set out plans for rapid decarbonisation of its operations that will cut its carbon footprint by a third by 2025, from a 5.7m tonne 2017 baseline. M&S has reset [...]
Bake Off’s Prue Leith: Why I’m simulating sex on London stage March 30, 2023 Bake Off’s Prue Leith tells Adam Bloodworth about her latest work, a riotously funny one-woman show Just last month, Prue Leith was on This Morning talking about libido enhancers for the overeighties. Her husband, sat in the audience, was asked whether he’d like Leith to take some herself. “Don’t give her anymore!” he said, as [...]