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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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John Lewis blames taxes for half-year loss - and issues recruitment warning
By City AM
John Lewis reported a 33million half-year pre-tax loss on Friday, but said it was 'well-positioned' to deliver full-year profit growth
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Starling Bank in talks with Morgan Stanley over secondary share sale
By City AM
The digital lender could sell shares to new investors, in a sale that could potentially raise the firm's valuation to between 3.5bn and 4bn
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Mike Ashley-backed Hugo Boss sees profit tumble
By City AM
The 海角视频 arm of Hugo Boss has reported a second consecutive decline in pre-tax profit and its turnover fell from 391.6m to 377m in 2024
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Clearbank to power up its embedded banking services
By City AM
The challenger bank is looking to expand its API payments tech to corporate clients
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Strongbow and Jagermeister ads banned for promoting irresponsible drinking
By City AM
The ads have been ruled to have breached the 海角视频's advertising code
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Hammerson announces new chief executive
property news
Rob Wilkinson will join the listed group at the end of this year
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MasterChef producer's huge losses continue as details of Gregg Wallace scandal emerge
By City AM
Banijay's 海角视频 division has been in the spotlight of late following the sackling of MasterChef presenter Gregg Wallace following an external investigation
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Workers ditch London for north amid city job cuts and rising living costs
By City AM
The latest jobs report from KPMG and the REC showed demand for workers in the capital has "continued to deteriorate" with both permanent placements and temp billings slumping further
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M&S urges new Labour government to scrap 'family farm tax'
By City AM
Marks & Spencer has urged the Labour government to scrap the "family farm tax" after protests against the decision to end the decades-old inheritance tax relief for farmers
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London Stock Exchange chief urges 海角视频 to fix 'underinvestment' for growth
By City AM
'We have underinvested ourselves as a nation'
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Bank of England 'under pressure' to rethink bond sales after this week's market rout
By City AM
The Bank of England should slow its quantitative tightening programme and stop active sales of long-dated bonds entirely in the wake of this week's bond rout that saw the cost of long-term borrowing soar to its highest level this century, a group of top economists has said.
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Uber warns of threat to 海角视频 profitability despite record breaking 1bn surge in sales
By City AM
The giant ride-hailing and food delivery company said it may need to 'increase revenue substantially to achieve profitability' in the 海角视频
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