Institutional clients help CMC Markets report bumper profit June 20, 2024 CMC Markets hailed its diversification into institutional clients as the reason behind the bumper results.
Future: Marie Claire publisher on track for full year forecasts September 26, 2024 British publisher Future has said it expects full year performance to be in line with market expectations as it returned to organic revenue growth during the second half of the year. In a pre-close trading update for the year to 30 September, the company said it is making “good progress” with its growth acceleration strategy, [...]
Behind the Business: Meet the founder trying to make meat fat sexy again April 18, 2024 In this episode of Behind the Business, City A.M. SME and entrepreneurship journalist Jenny Sieg sits down with the co-founder of Hoxton Farms Max Jamilly and talks about the secret behind the business of creating a deliciously fatty future and making fat sexy again.
Yodel merger with Shift off the cards after £85m funding deal August 2, 2024 A planned merger between Yodel and the logistics tech firm Shift is no longer on the cards after the parcel delivery giant unveiled an £85m funding package intended to quell concerns following its brush with bankruptcy earlier in the year.
It’s Quiz-mas! How will you score in Deloitte’s big economics quiz of the year? December 20, 2023 The answers and a brief explanation of the factors at work are at the end of this note. Obviously, our readers won't be cheating....
UK-based AI startup raises £4m to automate ‘hyper-personalised’ marketing campaigns August 9, 2024 Userled's funding will allow it to expand its team and continue developing its AI-powered technology, which is already used by companies like Wayflyer, Deel, Onfido and Encord.
Primarybid ditches UK consumer app to ramp up international expansion March 10, 2024 London-based retail investment platform PrimaryBid is preparing to cut its UK consumer app in order to increase spending on overseas expansion.
Expedia: Profit more than doubles as UK sales surge as travel demand returns July 24, 2024 The UK arm of Expedia saw its profit more than double as its turnover surged by almost £60m during 2023, it has been revealed.
Claridge’s Hotel: Major expansion helps sales and profit surge at five-star London icon August 21, 2024 Sales at Claridge’s Hotel surged by more than 20 per cent in 2023 thanks to a “strong” recovery from the Covid-19 pandemic and the completion of a major expansion project. The five-star London hotel has reported a turnover of £119.3m for its latest financial year, up from the £98.1m it achieved in 2022. According to [...]
Analysts ‘sceptical’ about Flutter’s £2bn bid for Playtech’s Italian arm August 19, 2024 Flutter Entertainment’s potential £2bn swoop on Italian betting firm Snaitech, the consumer division of ‘white label’ gambling technology provider Playtech, has left some analysts unconvinced. Playtech has granted a period of exclusivity for Flutter to complete due diligence, although the Paddy Power and Betfair owner said at this stage there is “no certainty” that it [...]