Societe Generale tops forecast, but retail woes put focus on CEO plan August 3, 2023 Societe Generale beat quarterly earnings forecasts on Thursday as the French bank kept costs and provisions down, but a slump at its retail business will turn up pressure on its new CEO as he prepares to unveil his plan. An investor day on Sept. 18 will be a key test for Slawomir Krupa, tasked with [...]
Co-op Live: How Manchester’s new icon turned into a national joke May 3, 2024 The Co-op Live has turned into a national Jon Robinson
How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Women’s Finalissima explained: Why England are playing Brazil at Wembley April 6, 2023 England’s Lionesses are playing in the first ever Women’s Finalissima this week at Wembley Stadium. But what is a Finalissima anyway? Why are England playing in it? And are there tickets still available? For all of those details, as well as how to watch it on TV and online in the UK, read on. What [...]
‘Adverse effect of Brexit’? Braverman rejects link to Port of Dover chaos as weekend of long queues ends April 3, 2023 Queues at the entrance to the Port of Dover have cleared after a weekend of disruption, according to one of the ferry companies hit by delay – but the Home Secretary staunchly denied any links between queues and Brexit. Coach passengers were forced to spend hours waiting to enter the port, be processed and board [...]
Deutsche Bank flags cost cuts as investment bank slump lowers profit July 26, 2023 Deutsche Bank on Wednesday posted a 27 per cent fall in second-quarter profit as investment banking revenue slumped and warned of the need for cost cuts even though higher interest rates fuelled gains at its retail division. The German lender downgraded its outlook for the investment bank, saying it now expected revenues to be slightly lower [...]
Women in Payments Europe 2023 Unites Industry Trailblazers in London April 20, 2023 City A.M. is excited to announce that it will be a media partner for Women in Payments Symposium 2023. This year our symposium is taking place in London – Europe’s major fintech hub and a great place to host a major payments event for good reasons. As a leading global financial centre, the UK capital [...]
England footballers probed by advertising watchdog over promotion of Supreme CBD July 25, 2023 Three former England footballers are the subject of investigation by the Advertising Standards Authority over their promotion of CBD products. Ex-internationals Paul Merson, Chris Kirkland and Alan Thompson have collectively posted almost 200 tweets about the Supreme CBD brand. The CAP Code, which applies to influencer marketing, requires anyone promoting a brand on social media [...]
Drax rules out power cuts as Unite announce nine days of strikes at energy plant February 8, 2023 There is no threat to electricity supplies to homes and businesses, argued energy giant Drax, despite Unite's calls for strikes.
2022: The year the UK economy soured December 23, 2022 Let’s not forget that inflation was already a problem heading into 2022. The final inflation reading of 2021 was for November and came in at 5.1 per cent, nearly three times higher than the Bank of England’s two per cent target and the highest level since September 2011, according to the Office for National Statistics [...]