British Land crowns former Lazard man as chair March 11, 2024 Property giant British Land has appointed banking veteran William Rucker as its new chair, replacing Tim Score.
Canon remains in the red despite capturing near-£100m sales boost October 3, 2024 The UK arm of camera and printer giant Canon failed to return to the black during its latest financial year despite sales rising by almost £100m. The Uxbridge-headquartered division reduced its pre-tax loss from £7.3m to £5.1m in 2023, newly-filed accounts with Companies House have revealed. The last time Canon UK reported a pre-tax profit [...]
Watch out FTSE 100: Bloomberg is coming after ‘entrenched’ players April 30, 2024 The indices were launched last month in the UK as well as France, Germany, Italy and a range of other countries around the world.
Revolution Beauty: Shake-up of top team gives stability with revenue up 20 per cent November 14, 2023 Troubled make-up brand Revolution Beauty has posted a 20 per cent rise in revenue, as a shake-up of its top team appears to have provided some stability for the brand after a volatile few months. In the six months to August, the cosmetics maker said that adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) [...]
FTSE 100 closes above 8,300 barrier amid global rally May 7, 2024 London's FTSE 100 posted a new intraday record on Tuesday amid a global stock market rally driven by renewed optimism on interest rate cuts from major central banks.
Labour’s workers’ rights plans could face ‘significant’ changes, lawyers warn May 4, 2024 Labour’s promised reforms to workers rights could face “significant changes” before taking effect, employment lawyers have warned.
Marks and Spencer: Five charts revealing the remarkable turnaround of a British icon May 25, 2024 Wracked by poor sales figures, rickety online infrastructure and a general identity crisis M&S, the once darling of the British high street has pulled off a remarkable turnaround.
“You have to ask, am I enjoying my job? If you aren’t, try something new” January 28, 2024 The CEO of the Jobs Foundation, Georgina Bristol, tells City A.M. why her work doesn't always feel like it
F1’s Coulthard, Hakkinen and McNish in classic car firm seeking £50m injection December 17, 2023 Former racing drivers David Coulthard, Mika Hakkinen and Allan McNish are looking to raise £50m as part of a consortium of investors focusing on classic cars. The trio of motorsporting stalwarts are non-executive directors of a classic car investment firm that is listed on the London Stock Exchange as Tertre Rouge Assets PLC (TRA). TRA [...]
A whole new Cineworld: Cinema chain back from bankruptcy with ex-WarnerMedia boss on board August 1, 2023 Cineworld has emerged from bankruptcy and added Ann Sarnoff, the former boss of WarnerMedia Studios, to its board. After filing for bankruptcy in the US last September, the embattled cinema chain has come out the other side having slashed its debt pile. The firm said today that the ‘New Cineworld’ has cut its debt by [...]