House prices grow for tenth month in a row, but market continues to cool June 1, 2022 House prices have growth for the tenth month in a row, according to the latest figures, though costs are continuing to slow in their steamroll. The average price of a home in the UK grew 11.2 per cent to £269,914 in May, slowing slightly from the more than 12 per cent growth reported in April, [...]
Keir Starmer follows Rishi Sunak and publishes tax return March 23, 2023 Sir Keir Starmer has published his tax returns, showing he paid £67,000 in tax over the last year. The Labour leader paid £51,547 in 2020/21 and £67,033 in 2021/22, he said, which is a total of £118,607. It came just a day after Prime Minister Rishi Sunak published his own tax returns, which revealed he [...]
Ranking Barbie movie merch from awful to making our skin crawl August 3, 2023 We’ve ranked Barbie movie merch so you don’t have to… I’m a Barbie girl, in a Barbie world, life in plastic, it’s full of Barbie Ketchup, Barbie Crocs, Barbie Airbnbs, Barbie burgers and Barbie pasta. Is it fantastic? At City A.M., we’ve ranked the most ridiculous Barbie movie merch we could find to let you [...]
Over 100 Businesses Attend City Giving Day Breakfast June 17, 2024 The Lord Mayor of the City of London Alderman Professor Michael Mainelli joined over 100 City business representatives at Mansion House on 12 June to mark the three-month rundown to City Giving Day at the City Giving Day Engagement Breakfast. Taking place in September, City Giving Day is the City’s chance to showcase their charitable [...]
Meet the fund manager: Picking the best bonds in the world May 20, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A.
Exclusive: City insider urges retail not to make knee-jerk cuts in ad budgets September 27, 2022 Recent figures show retail is feeling the effects of the cost of living crisis. Latest figures from the Office for National Statistics show a 0.5 per cent drop in spending last month, with a 1.6 per cent decrease in food sales. As a result, many businesses are under so much pressure they have no choice but to [...]
How a little-known vaping group went from nothing to sales of $1bn in just two years March 9, 2024 How has a vaping group reached $1bn in sales in only its second year?
Parkdean Resorts suffers £100m slump as post-pandemic holiday competition heats up October 1, 2024 The return of short-haul travel following the Covid-19 pandemic contributed to holiday park operator Parkdean Resorts’ pre-tax loss widening by almost £100m during its latest financial year. The business, which is headquartered near Newcastle upon Tyne, has reported a loss of £135.2m for 2023, having previously posted a loss of £36.4m in 2022. The last [...]
Bravissimo: Founder sells up ahead of 30th anniversary September 27, 2024 Lingerie retailer Bravissimo, which was set up by entrepreneur Sarah Tremellen almost 30 years ago, has been sold to a Japanese giant. The Warwickshire-headquartered company has been snapped up by Wacoal’s European division, which is based in Northamptonshire, for an undisclosed sum. Tremellen has owned Bravissimo with her husband Mike since she founded the firm [...]
Cineworld shareholders to be wiped out under new restructuring plan April 11, 2023 Shares in Cineworld tanked over 30 per cent this morning after the embattled cinema chain revealed that it would be forced to wipe out shareholders as part of its plan to exit bankruptcy. The London-listed firm, which filed for bankruptcy in the US last autumn, said today that it has filed a “plan of reorganisation” [...]