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Moneybox's 2024 profits soar as billions flood into the fintech firm
By City AM
The investment platform's net inflows more than trebled to £5.8bn, from £1.7bn the year prior – a jump of over 241 per cent.
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Hays to cut dividend by nearly 60% as recruitment firm reports sharp drop in profit
By City AM
The London-listed recruitment firm Hays has reported a sharp drop in profit amid continued weakness in recruitment markets
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Forest e-bike operator raises prices in London, citing increased borough fees
By City AM
Forest, the e-bike operator recently licensed by Hounslow Council, has announced it is raising its "pay as you go" service fee by 50 per cent to £1.50
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Costain shares plummet as HS2 delays impact revenue, with rail services hardest hit
By City AM
The construction firm said its overall revenue fell 17.8% to £525m for the first six months of the year, of which revenue for its rail infrastructure services slumped 23.3% to £185m
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º£½ÇÊÓƵ-based Databricks surges to $100bn valuation after new funding round
By City AM
The San Francisco-based firm has sealed a new funding round that is set to increase its valuation by 61 per cent to over $100bn, making it one of the world's most valuable companies.
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Starling Bank acquires º£½ÇÊÓƵ fintech Ember to enhance small business services
Banking & Finance
The London-based firm said as part of the takeover, Ember's tax and bookkeeping software will be built into Starling's app and online bank.
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Close Brothers shares downgraded despite Supreme Court victory in motor finance case
By City AM
The FTSE 250-listed bank's stock rating was lowered to 'Sector Perform', down from previous 'Outperform' expectations
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BHP's profits plummet to a five-year low amid falling iron ore prices and economic challenges
By City AM
The mining giant's profit has been hit by lower iron ore prices and economic turmoil.
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Monzo to follow Klarna and Revolut with launch of mobile service
By City AM
The London-based firm is looking to offer a Monzo-branded service to its over 12 million in account holders.
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Close Brothers shares fall as analysts downgrade despite motor finance court victory
By City AM
Close Brothers shares have taken a hit despite the bank's motor finance win at the Supreme Court last month
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Dr Martens turnaround is in full swing, says City broker
By City AM
Dr Martens, the boot company, has been in the doldrums for years, but a new strategy has sparked hopes of a recovery - and City analysts are starting to get on board
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Landsec sells Westminster building to group bidding to lead Heathrow expansion
By City AM
The sale of Queen Anne's Mansions, located in SW1, by Landsec marks a major step in the property firm's ambition to sell off £2bn of its office portfolio by 2030
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Standard Chartered shares struggle to rebound after $3bn sell-off triggered by US lawmaker
By City AM
The bank's stock nudged up by one percent as markets opened, reaching 1,319.50. But, this remained far below the 1,407 price point prior to the sell-off on Friday, when shares tumbled by as much as nine percent.
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FTSE-100 chief executive pay hits record high for third year running
Finance
On average, the bosses of Britain's largest firms were paid 122 times the salary of a full-time º£½ÇÊÓƵ worker, the report found
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º£½ÇÊÓƵ 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
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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£½ÇÊÓƵ's biggest cultural events
Black Communities
The first carnival took place in 1966, just a few years after race riots tore through the area
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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
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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
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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.
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Harrods stores first ever padel brand as sport continues to grow in the º£½ÇÊÓƵ
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£½ÇÊÓƵ
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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.
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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£½ÇÊÓƵ's largest student accommodation providers, Unite, has agreed to acquire competitor Empiric Student Property
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