Don’t laugh: Posh Spice is a model for entrepreneurs October 27, 2014 The former pop star followed her passion and ignored the critics A FEW eyebrows might have been raised yesterday by the news that Victoria Beckham has headed a list of the UK’s top entrepreneurs of 2014. The accolade – from business magazine Management Today – has been awarded based on her estimated wealth (£210m), increasing [...]
Exclusive: Mental illness is the most common reason for sick days at the Department of Health February 19, 2015 While the government's health department goes about trying to cure the rest of the nation, it may not be paying enough attention to its own employees. In response to a freedom of information request, City A.M. has discovered that during the course of last year, more sick days were taken at the Department [...]
H&M revenues catch a chill in September October 15, 2013 HIGH street clothing giant H&M yesterday said like-for-like sales fell by two per cent in September compared with the same month last year. This was in line with expectations but was a significant fall on the 11-month high of four per cent growth reported in August.
Eurocell IPO: Shares trade above initial offer price March 4, 2015 Shares in Eurocell traded up today after the window and door maker's debut onto the London Stock Exchange. The Derbyshire-based firm, spun off by private equity group H2 Equity Partners, priced its shares at 175p, valuing it at £175m. But the company's shares were about 5.7 per cent higher in late afternoon trading, at 185p. "We have [...]
Boris Johnson’s vision of a jetpack future is already here as Martin Aircraft Company takes off February 22, 2015 Looking to the future of London, Boris Johnson could only dream of a Jetsons-style space-age capital. “It may be that by 2020 we will all have learnt to commute with jetpacks, but until then, we need to invest in our existing transport modes,” he said a few years ago. Now, however, it seems the mayor’s [...]
H&M boosted by summer collections September 26, 2013 SWEDISH fashion retailer Hennes & Mauritz looked to put a poor run of form behind it yesterday as it posted forecast-beating results for its fiscal third quarter, helped by strong demand for its summer collections and cost control. Pre-tax profit stood at 5.83bn Swedish crowns (£566m) against a year-ago 4.9bn and beating a mean forecast [...]
Ukip spoof Tory attack ad: Nigel Farage has some fun at Cameron’s expense March 9, 2015 The Tory party has been consistently attacking Ed Miliband over whether Labour will enter into a deal with the SNP if the General Election fails to produce a clear result. There was no let-up in the attack today as the Tories unveiled a new poster produced by advertising agency M&C Saatchi showing Ed Miliband in [...]
Exclusive: Sick leave at the Department of Environment, Food and Rural Affairs cost the government almost £1m last year March 4, 2015 Sick leave at the Department of Environment, Food and Rural Affairs (Defra) cost the government an estimated £942,000 in 2014. The figure, uncovered by City A.M. through a freedom of information request, is based on the number of sickness-related absences across the department over the course of the year, multiplied by average employee salary. [...]
No clocking off in Apple Watch battle: Why Swiss watchmaker H. Moser & Cie boss Edouard Meylan is bullish about the future April 26, 2015 Even without the usual queues of devoted fans outside its stores, Apple created enough hype around its long-awaited watch that when it went on sale earlier this month, the limited first run sold out within hours. The £12,000 Watch Edition – made with gold – was one of the first of its 38 style options to [...]
Window and door maker Eurocell sees shares surge on stock debut March 4, 2015 SHARES in Eurocell traded up yesterday after the window and door maker’s debut on the London Stock Exchange. The Derbyshire-based firm, spun off by private equity group H2 Equity Partners, priced its shares at 175p, valuing it at £175m. But the company’s shares closed up 6.6 per cent at 186.62p. “We have been delighted by [...]