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London
10:37, 10 OCT 2025
Treasury 'lobbied to block China audit' as questions mount over collapsed espionage trial
By City AM
The Treasury lobbied the Prime Minister's national security adviser to block reports on the threat posed by China in the midst of the probe against the two men accused of spying for Beijing
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Zilch CEO Philip Belamant teases unique offering for fintech IPO market amid new product launches
By City AM
Zilch has been eyed as a top IPO candidate for the City after Belamant told an Innovate Finance conference 12 months ago that it would be "fantastic" to list in the City and that it was "the right thing".
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Hedge funds bet on Domino's Pizza share price fall, making it º£½ÇÊÓÆµ's most shorted company
By City AM
Domino's Pizza is the º£½ÇÊÓÆµ's most shorted public company, with several investors expecting the beleaguered franchise's market capitalisation to fall even further
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NatWest bolsters venture banking team with strategic hires to support º£½ÇÊÓÆµ tech scale-ups
By City AM
NatWest has made two senior strategic hires in its newly formed venture banking team as it looks to double down on its support for the º£½ÇÊÓÆµ's high-growth and innovation economy
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Lloyds Bank set to increase motor finance provisions after FCA redress scheme update
By City AM
The FTSE 100 banking giant - which owns the º£½ÇÊÓÆµ's largest motor finance lender Black Horse - currently leads the pack for £1.2bn in provisions
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HSBC shares sink as bank moves to take full control of Hang Seng Bank
By City AM
The FTSE 100 banking juggernaut has offered to pay HK$155 per share for the 36 per cent not already owned by the bank. The proposal values the stake at HK$106.1bn (£10.7bn)
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Anthropic's º£½ÇÊÓÆµ staff earn huge salaries as AI giant seeks to establish British foothold
By City AM
The business, which only launched in the º£½ÇÊÓÆµ at the start of 2023, increased its headcount from six to 43 in 2024 while its staff costs rocketed from £3.6m to £24m
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Snapchat º£½ÇÊÓÆµ reports £565.8m loss despite revenue reaching £2bn
By City AM
Snap Group, the º£½ÇÊÓÆµ arm of Snapchat, has reported a pre-tax loss of $757.7m (£565.8m) for 2024, new accounts filed with Companies House show
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Greencore shares surge as sandwich maker delivers strong full-year performance
By City AM
The FTSE 250-listed group, which supplies sandwiches, rolls and wraps to Marks & Spencer, reported a full year revenue of around £1.95bn and upgraded its adjusted operating profit guidance to £125m, above previous forecasts
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Five Guys' losses widen despite revenue rising to £560m in 2024
By City AM
The London-headquartered division has posted a pre-tax loss of £36.7m for 2024, new accounts filed with Companies House show.
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Lloyds' 'slow' wealth progress sparks takeover talk as bank looks to beef up offering
By City AM
Lloyds has been slow to build out its wealth management offering and could look to acquire a player in the space, according to analysts at RBC Capital Markets
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Revenue at º£½ÇÊÓÆµ arm of Lime bikes soars by more than 70 percent in 2024
By City AM
Lime Technology has reported a turnover of 111.3m for 2024, according to new accounts filed with Companies House
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Intel's º£½ÇÊÓÆµ revenue takes a £1.1bn hit as competition and economic challenges bite
By City AM
The º£½ÇÊÓÆµ arm of US technology giant Intel has seen its revenue slashed by almost $1.5bn (£1.1bn) and its profit cut significantly during its latest financial year.
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Oxford Street pedestrianisation hailed success as º£½ÇÊÓÆµ's busiest shopping street 'thrives'
By City AM
The pedestrianisation of Oxford Street led to higher sales at the majority of stores, a new survey has found
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Personal injury firm merges with larger legal group
Law
VWV Group has offices in Bristol, Birmingham, Watford and London
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Tesco agrees deal with black-owned publishing house
Black Communities
The tie-up for Black History Month will see a number of titles going on sale in Tesco stores around the º£½ÇÊÓÆµ
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'Everything is designed': Why the creative industries across the º£½ÇÊÓÆµ are central to national economic growth
Creative & Digital
The Thick of It creator Armando Iannucci says creative sector should not be seen as an 'afterthought'
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Thames Water creditors propose rescue deal for struggling utilities firm
Finance
A group of lenders has pledged an extra £1bn investment into the ailing business which is on the brink of nationalisation
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Black History Month 2025: Power list shines spotlight on 25 entrepreneurs to watch
Black Communities
The list is compiled by Jamaica rum brand Wray & Nephew in partnership with business growth organisation Foundervine
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Pandora º£½ÇÊÓÆµ profit falls as sales slip after record high
Retail & High Street
The London-headquartered division has posted a pre-tax profit of £14.9m for 2024
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º£½ÇÊÓÆµ economy stalls in second quarter as growth remains sluggish
By City AM
This figure is significantly lower than the 0.7 per cent growth observed in the first three months of the year
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London tops index of European cities as more British destinations rise up the rankings
Commercial Property
Manchester, Liverpool and Bristol see success in European Cities Growth Index
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Entrepreneurs to share secrets of success at London event during Black History Month 2025
Black Communities
The Barclays Black Founder Accelerator Showcase is taking place at the bank's Moorgate branch in the city
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Live Nation º£½ÇÊÓÆµ reports £10.7m pre-tax loss in 2024 results
London
Turnover also fell from £453.8m to £415.2m
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