Exclusive: ESG consultancy sector to swell to nearly £12bn in next five years, says industry insider February 7, 2022 Spending by companies on ESG and sustainability consulting is set to more than double over the next five years to a record £11.8bn, or $16bn, according to a new report that was exclusively shared with City A.M. today. The market will grow at a CAGR of 17 per cent, from around $6.24 billion at the end [...]
Hipgnosis announces leadership reshuffle as it gears up for big vote October 19, 2023 The board of Hipgnosis will conduct a "strategic review" as it tries to appease shareholders, set for a continuation vote next week.
Rolls-Royce eyes £1.4bn profit as turnaround continues. But could the long lost dividend return? February 17, 2024 Rolls-Royce investors will get a clear picture of the company's turnaround under new chief Tufan Erginbilgic next week.
The next memestock? Avis shares rocket 218 per cent in a single day November 2, 2021 Shares in car rental giant Avis are surging this afternoon after positive earnings data, leading some to compare the jump to those of memestocks Gamestop and AMC. Its stock price is currently trading up 81.5 per cent to $316, after paring some early gains. Avis shares were rallying as much as 218 per cent immediately [...]
Next boss: Not constructive to say UK is addicted to cheap overseas labour October 6, 2021 Next boss Lord Wolfson has hit back at the Prime Minister’s claims that businesses like his want the government to “fix every problem” by lifting immigration controls. Lord Wolfson, who supported Brexit, told CityAM last month he would urge the government to ease immigration in line with demand, to help fill roles in retail and [...]
Emirates boss: Covid will be ‘history’ by end of next year and aviation will recover October 6, 2021 Emirates president Sir Tim Clark has said that the aviation sector is months away from going back to normal and will not suffer a long recovery, which was initially predicted by industry stakeholders during the peak of the pandemic. Clark, who has run the Dubai-based airline since 2003, told the Telegraph the aviation sector will [...]
Charles Tyrwhitt: Demand for quarter-zips and gilets to lift future sales April 14, 2024 Charles Tyrwhitt expects the business to grow by 20 per cent over the next year, helped by a demand for more casual attire.
Supermarket sweep: Sainsbury’s and Tesco singled out as next takeover targets October 4, 2021 Sainsbury’s and Tesco have been singled out as the next targets for buyout firms after the Morrisons deal. US investment company Fortress – which was beaten to the Morrisons takeover by private equity Clayton, Dubilier & Rice (CD&R) at auction – has indicated it is interested in other UK acquisitions. Joshua Pack, financier at Fortress, [...]
Sunak eyes budget delay to next year July 16, 2021 Chancellor Rishi Sunak could delay the budget until next year to allow him to assess more timely data on the economic impact of ending business support schemes. The news was first reported by The Guardian, which said officials have reportedly told Sunak waiting until the end of spring 2022 may provide him with more time [...]
Next slide please: Professor Van-Tam leaves England’s deputy chief medical officer role January 13, 2022 Professor Sir Jonathan Van-Tam has announced he will be leaving his role as England's deputy chief medical officer.