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© 2025 a º£½ÇÊÓÆµ
London
08:32, 18 AUG 2025
º£½ÇÊÓÆµ pub closures in first half of 2025 'heartbreaking' as cost pressures bite
By City AM
A combination of rising costs and tax hikes are taking their toll on the sector
Bookmark
Construction firm behind net zero hotel in Exeter opens new office
Construction
RED Construction has delivered numerous projects in Bristol and the wider South West of England over the last eight years
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How Notting Hill Carnival became one of the º£½ÇÊÓÆµ's biggest cultural events
Black Communities
The first carnival took place in 1966, just a few years after race riots tore through the area
Bookmark
Canary Wharf office values see first rise in years amid strong leasing activity
By City AM
The value of a 2bn portfolio, representing about half of the group's office holdings, increased by 0.6 per cent between March and June
Bookmark
Sky announces 'landmark moment' and 'largest-ever' Premier League sponsorship deal
By City AM
Sky has this morning announced it has agreed a 'landmark moment' and 'largest-ever' Premier League sponsorship deal for the broadcaster's coverage of the 2025-26 season
Bookmark
Revenue up but profits down at Corinthia London amid major executive reshuffles
By City AM
The hotel, which is located on the corner of Northumberland Avenue and Whitehall Place, has posted a pre-tax profit of £67,600 for 2024, new accounts filed with Companies House show.
Bookmark
Harrods stores first ever padel brand as sport continues to grow in the º£½ÇÊÓÆµ
By City AM
Pulco is the first ever padel apparel brand to be stocked in Harrods as the sport continues to grow in the º£½ÇÊÓÆµ
Bookmark
Savills reports sales slowdown amid tariff concerns, yet posts 6% revenue increase
By City AM
The real estate giant delivered a 6 per cent increase in revenue to £1.1bn in the six months to end June.
Bookmark
Aviva profits soar ahead of Direct Line merger after CMA gives takeover green light
By City AM
The insurance giant said its operating profit jumped 22 per cent to just over £1bn in the six months to June 30, up from £875m a year earlier
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Student housing giants Unite and Empiric agree to £700m merger
By City AM
One of the º£½ÇÊÓÆµ's largest student accommodation providers, Unite, has agreed to acquire competitor Empiric Student Property
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PwC ramps up office attendance monitoring with new traffic light system
By City AM
The Big Four firm has implemented a new monitoring system to ensure staff are adhering to its in-office requirements
Bookmark
Zilch boosts loss provisions as customer numbers soar in 'record year' for º£½ÇÊÓÆµ fintech
By City AM
The fintech last month said it had booked its first quarterly profit and surpassed a revenue run rate of £100m
Bookmark
London landmark Kensington Roof Gardens faces £26m loss
By City AM
The venue has been popular with celebrities including Madonna, Freddie Mercury and Princess Diana
Bookmark
London's capital markets are in the doldrums - but at least there's crypto
By City AM
The latest monthly capital markets report by Investec shows total equity raised in the º£½ÇÊÓÆµ stood at just £810m in July - down more than 40 per cent compared to the same month last year
Bookmark
Beazley reports profit decline amid rising catastrophe losses and falling insurance rates
By City AM
The specialist insurer reported a profit before tax of $502.5m for the six months ending 30 June 2025, down from the $728.9m reported in the first half of 2024.
Bookmark
London office market enters 'firm recovery' as rents and values rise
By City AM
Derwent London has said the fundamentals of the London office market continue to strengthen despite a "volatile" economic backdrop.
Bookmark
Administrators lined up for troubled Thames Water
Politics
The º£½ÇÊÓÆµ's biggest water supplier says 'constructive' discussions with its stakeholders continue
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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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º£½ÇÊÓÆµ economy set for rebound after two months of contraction
By City AM
The Office for National Statistics is expected to post º£½ÇÊÓÆµ growth of 0.2 per cent for June when the figures are released on Thursday, according to economists
Bookmark
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'
Bookmark
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.
Bookmark
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 £166m, compared to £144m in 2024, crediting its higher business sales and bulk purchase annuity buy ins.
Bookmark
Clerkenwell Films reports £1.5m loss despite Baby Reindeer success on Netflix
By City AM
Clerkenwell Films has posted a pre-tax loss of £1.5m for the year to 31 March, 2025, down from a pre-tax profit of £2.7m in the prior 12 months
Bookmark
Netflix º£½ÇÊÓÆµ's profits soar as revenue approaches £2bn
By City AM
The streaming service's º£½ÇÊÓÆµ arm reported pre-tax profits of £63m for 2024, up from the £60.6m it achieved in 2023 - the previous record
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