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Tate & Lyle shares fall after Morgan Stanley cuts stock rating and lowers price target
By City AM
Morgan Stanley has downgraded the stock to "underweight", citing increased risk to Tate & Lyle's mid-term targets after Tyson Foods said it would remove sucralose from US-branded products
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British tax fears soar as watchdog launches deregulation push
By City AM
The PRA has outlined plans to slash regulation across the banking sector in a bid to cut red tape
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Gatwick second runway approved by government despite 海角视频 economic downturn
By City AM
In a major win for Gatwick Airport, the government has approved the 2.2 billion second runway plan, which is expected to create thousands of jobs and boost the economy
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Reddit 海角视频 revenue triples to 拢96.7m as profits jump to 拢4.8m in 2024
Enterprise
Reddit 海角视频 has posted a revenue of 96.7m for 2024, new accounts filed with Companies House show
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Heinz 海角视频 profit rockets despite ketchup and baked beans battles
By City AM
The London-headquartered division of the US giant has reported a pre-tax profit of 拢191.9m for 2024, according to new accounts filed with Companies House.
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Lavazza battles 'intense pressure' on supply chain as profits double amid price rises
By City AM
The Uxbridge-headquartered division has posted a pre-tax profit of 拢3.2m for 2024, up from the 拢1.5m it achieved in 2023.
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Spire Healthcare explores strategic sale options following shareholder pressure
By City AM
The hospital operator said it has appointed Rothschild & Co as lead financial adviser to support the review
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Investec outlook in line with expectations despite 'challenging' market backdrop
By City AM
Investec said it is on track to meet full-year expectations, as it battles a "challenging macroeconomic backdrop and market volatility" during the first half of its financial year
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Asda-owned Leon slashes hundreds of jobs as work from home trend bites
By City AM
The firm, which was co-founded by Henry Dimbleby, son of veteran BBC broadcaster David Dimbleby, said it had reduced its headcount by 17% in 2024 - but did not disclose the number of roles cut
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Octopus Energy spins off Kraken as it looks to 'accelerate the energy transition'
By City AM
The group said the move is aimed at "speeding up the platform's expansion across the globe" and allowing Kraken to "fast-track investments into its technology, expand into new energy markets and regions, and drive innovation"
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City of London unveils 拢600m Justice Hub with 18 courtrooms at Salisbury Square
By City AM
The City of London Corporation is topping out the new flagship building, which features 18 courtrooms and will serve as the new headquarters for the City of London Police
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Inflation hits 3.8% as tax hikes see food price spike - and it's set to get worse
By City AM
The previous reading for inflation in July was 3.8 per cent, with the August figure likely to confirm Bank of England rate-setters will vote to hold interest rates at its next decision on Thursday.
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PwC 海角视频 sees slight profit increase amid strategic headcount reductions and tech investments
By City AM
The Big Four firm has reported a slight increase in revenue, profits, and profit per partner for the year ended 30 June 2025, largely due to headcount cuts
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Temu 海角视频's revenue and profits soar as legal battle with Shein approaches
By City AM
The results for Temu's 海角视频 arm come ahead of a trial at London's High Court between the company and online fast-fashion giant Shein due to start in 2026
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GSK to invest $30bn in US over next five years in fresh blow to 海角视频's pharma sector
By City AM
The London-based business said the capital would be deployed over the next five years and would create hundreds of high-skilled American jobs in areas such as AI and advanced digital technologies
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Nvidia to invest 拢11bn in 海角视频 AI with Europe's largest GPU cluster by 2026
By City AM
The investment, unveiled late on Tuesday and timed to coincide with President Donald Trump's state visit to the 海角视频, is set to strengthen Britain's position in the global AI arms race.
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London-based luxury gym club sees profits double after surge in membership
By City AM
The London-based luxury gym club, which operates more than a dozen sites across the capital, posted a 115 per cent rise in pre-tax profit to 拢11.1m in 2024, accounts published to Companies House show
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Sky to axe 900 jobs in 海角视频 as broadcaster shifts focus to take on US streaming giants
By City AM
The broadcaster, which is owned by Comcast, is set to cut around 900 jobs in the 海角视频 as it shifts its focus from new product launches to enhancing existing services and competing with US streaming giants
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Unite and Empiric's student housing deal facing review by 海角视频 watchdog
Deals
Britain's largest provider of student accommodation has proposed a takeover of a London-based rival worth more than 拢700m
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Sainsbury's shares hit highest price in more than a decade after Argos talks
By City AM
Sainsbury's share price has jumped by almost five per cent in early trades this morning to 322p - the highest its shares have commanded since the 323p they were changing hands for in April 2024
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Sandwich chain Pret A Manger 'punished for having a 海角视频 focus'
By City AM
Knoops CEO William Gordon-Harris said the sad fact is for 海角视频 domestic growth is that so many 海角视频 founded businesses focus their growth after launch into foreign markets
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海角视频 fintech SumUp plans London IPO amid Klarna backlash
By City AM
The 海角视频 card reader firm is in talks with investment banks and hopes to float within the next year, but is also considering New York amid concerns over the City's appeal
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Sandwich Sandwich to open new London store with 'revamped' breakfast menu
Food and Drink
The Bristol-founded chain has experienced astounding success since launching in the capital just over a year ago
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Merck scraps 拢1bn London research centre and axes 127 jobs in fresh blow to 海角视频
By City AM
The US pharma giant is to lay off 127 staff alongside abandoning the construction project, which had been set to open in King's Cross in 2027. The firm warned the 海角视频 would lag behind the rest of Europe for spending on health research unless it made conditions more attractive to invest.
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