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Law firm says 'record' results due to investment in people and tech
Company Results
Bristol-headquartered TLT employs 1,800 staff across a number of offices including Manchester, Birmingham and London
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海角视频 economy set for rebound after two months of contraction
By City AM
The Office for National Statistics is expected to post 海角视频 growth of 0.2 per cent for June when the figures are released on Thursday, according to economists
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S4 Capital in merger talks with MSQ Partners after approach to Sorrell's agency group
By City AM
The digital advertising group said the talks were 'at a very preliminary stage' and stressed there was 'no certainty that a transaction will be forthcoming'
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Plus500 customer deposits more than double to record $3.1bn as wealthy investors pile in
By City AM
The London fintech said the average deposit held by an active customer stood at $17,250 by the end of the first half of the year, a jump of 105 per cent compared to 2024 in signs the company's strategy to attract higher value investors was paying off.
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Royal London reports robust profit growth and successful BPA market entry in first half of 2025
By City AM
The insurance company recorded a 15 per cent rise in pre-tax profit to 拢166m, compared to 拢144m in 2024, crediting its higher business sales and bulk purchase annuity buy ins.
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Clerkenwell Films reports 拢1.5m loss despite Baby Reindeer success on Netflix
By City AM
Clerkenwell Films has posted a pre-tax loss of 拢1.5m for the year to 31 March, 2025, down from a pre-tax profit of 拢2.7m in the prior 12 months
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Netflix 海角视频's profits soar as revenue approaches 拢2bn
By City AM
The streaming service's 海角视频 arm reported pre-tax profits of 拢63m for 2024, up from the 拢60.6m it achieved in 2023 - the previous record
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Flutter raises profit guidance after record quarter driven by US boom
By City AM
The world's largest online sports betting operator saw revenues rise 16 per cent to $4.2bn (拢3.12bn) in the three months to June 30, and earnings jumped 25 per cent to $919m
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海角视频 P&I Club expands presence with Newcastle office opening
Employment
The London based shipping insurance specialist is now recruiting into it new Quayside office
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Bank of England cuts interest rates
Bank Of England
Bank warns inflation will increase further
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Cocktail bar chain owed millions to OakNorth, HMRC before collapse
By City AM
The company has made at least 30 staff redundant alongside closing several sites as founder Nick Campbell battled to secure rescue funding to buy the company in a pre-pack administration deal
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Hiscox shares jump as firm hikes buyback despite huge wildfire losses
By City AM
Hiscox has posted a slight fall in interim profit as wildfire claims hit its reinsurance division, but the company increased capital returns on the back of substantial investment income
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Legal & General delivers solid profit growth after international expansion
By City AM
The company recorded a six per cent increase in core operating profit for the first half of 2025 after recording steady growth across all three of its business arms.
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High street bank triples profits by shifting focus to small business loans
By City AM
The bank recorded an underlying profit before tax of 拢45m in the six months to the end of June, up from 拢12.8m in the second half of 2024
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Bank of England's persistent 'groupthink' issue highlighted ahead of crucial interest rate cut
By City AM
The Bank of England's Monetary Policy Committee is expected to cut interest rates on Thursday
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Pandora hit by data breach as retailer confirms customer details were stolen
By City AM
The premium jeweller confirmed the attack on August 5, as the retail sector struggles to contain a surge in cyber attacks
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London cocktail chain Simmons enters administration after closing four sites
By City AM
The upmarket bar group, which had operated more than 20 venues across the 海角视频, has appointed advisory firm Kroll to oversee the administration, company filings show.
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BP shares jump despite profit and revenue hit in first half of 2025
By City AM
BP shares jumped on Tuesday despite the oil major recording a hit to profit and revenue in the first half of 2025 amid weaker oil prices and lower trading performance.
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Diageo faces profit plunge and high costs despite Guinness sales surge
By City AM
Sales of the iconic stout have exploded in the past two years as it has gone viral on social media. But it has not been enough to offset a broader slowdown in the FTSE 100 giant's spirits unit
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Dishoom sold to firm backed by LVMH in mega deal for popular 海角视频 restaurant chain
By City AM
Dishoom has agreed a deal for an undisclosed sum with US-based L Catterton in a move which will see founders Shamil Thakrar and Kavi Thakrar dilute their stakes
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Close Brothers shares rocket as bank wins Supreme Court finance case
By City AM
Shares in the FTSE 250 lender surged over 25 per cent during early trading, hitting a high of 500p.
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McDonald's 海角视频 doubles profit to 拢120m in 2024 despite job cuts and competition
By City AM
The US fast food giant has posted a pre-tax profit of 拢120m for its latest financial year, up from the 拢66.3m it reported in 2023 as it also cut 2,000 jobs
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Bank of England to cut interest rates but faces dilemma over future policy decisions
By City AM
The Bank of England is expected to cut interest rates this week, but the future of monetary policy is uncertain, according to leading economists
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Heathrow tables 'shovel ready' plans for new third runway after rival bid submitted
By City AM
The airport said it had submitted "shovel-ready" plans for a privately financed runway ahead of the Department for Transport's deadline on Thursday, which it said would clear the way for flights to take off within a decade
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