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South East
13:18, 12 MAY 2025
London prime property market remains stable despite headwinds, Savills data shows
By City AM
Sales of properties priced above £5m have remained stable in the capital, according to Savills, with 93 sold in the first quarter of the year compared to 92 in the same period of 2024.
Bookmark
NatWest analysts say bank will outperform sector thanks to bumper year
By City AM
Analysts at RBC Capital Markets said the lender will 'outperform the sector' after it beat expectations in its first-quarter report
Bookmark
Brighton Pier Group joins JP Jenkins after quitting AIM
By City AM
The company, which owns Brighton Palace Pier, the Lightwater Valley Family Adventure Park and a group of bars and mini-golf sites, unveiled its plans to exit AIM in early April
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Kingsmill-owner ABF confirms merger talks with rival Hovis
By City AM
Allied Bakeries owner Associated British Foods (ABF) has confirmed it is in talks with rival Hovis about a possible merger, in what would create the º£½ÇÊÓÆµ's largest bread maker
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Deliveroo agrees terms of £2.9bn takeover by US rival DoorDash
By City AM
The offer of 180p per share represents a premium of 44 per cent on Deliveroo's closing share price on the day prior to the acquisition, and a 40 per cent premium on its average price for the prior three months
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Papa Johns º£½ÇÊÓÆµ boss on 'difficult decisions' that saw 43 stores shut and 100s of jobs lost
By City AM
The º£½ÇÊÓÆµ arm of pizza chain Papa Johns was said to be "no longer losing money" and was on track to make its first profit since 2021
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Donald Trump's 100% tariff on non-US movies could 'knock out' º£½ÇÊÓÆµ film industry
Enterprise
The US president wants tariff 'on any and all movies coming into our country that are produced in foreign lands
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Bank of England set to cut interest rates as Trump's tariff impact in focus
Economy
Inflation has fallen in recent months which is likely to indicate to policymakers that interest rates can continue to come down
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Heineken to create around 1,000 jobs and reopen dozens of º£½ÇÊÓÆµ pubs
Food and Drink
The brewing giant is planning to pump £40m into its Star Pubs operation
Bookmark
Harrods joins M&S and Co-op as target in recent º£½ÇÊÓÆµ retail cyber attacks
By City AM
Harrods has confirmed it has been targeted by cyber attackers in a fresh attack on a major retailer - the third in just a few days - amid fears of a 'coordinated campaign'
Bookmark
Natwest's profit surge amid stamp duty changes and market volatility boosts shares
By City AM
The FTSE 100 bank booked a £1.8bn pre-tax profit, surpassing the £1.6bn pencilled in by analysts and shares in the lender rose over three per cent during early trading
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Standard Chartered sees profit surge amid market volatility
By City AM
Standard Chartered shares edged up after the firm smashed profit expectations in the first quarter, but warned of the upcoming impact of geopolitical tensions
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Lego moving º£½ÇÊÓÆµ headquarters to iconic Southbank building
By City AM
The Danish toy giant has signed a lease to occupy 192,000sqft across three-and-a-half floors in 76 Southbank, where it will relocate 1,500 staff in 2027
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GSK insists it's 'well positioned' as Trump's pharma tariffs loom
By City AM
The FTSE 100 drugmaker said it was "well positioned" to tackle the impact of sector-specific tariffs as speculation mounts that President Donald Trump is preparing to target pharmaceutical imports
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Ladbrokes owner Entain appoints new permanent chief executive
By City AM
The new boss has twice served as interim CEO and is now stepping into the role on a full-time basis.
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HSBC shares rise after bank unveils $876m loan loss provisions amid trading chaos
By City AM
HSBC shares rose as the London-based bank unveiled its first quarter results, which showed a big jump in loan loss provisions amid escalating trade war tensions
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BP shares plunge as firm slashes buyback amid weakened oil market
By City AM
The British energy major said that the reporting period came before President Donald Trump's 'Liberation Day' on April 2, which saw sweeping tariffs imposed on all trading partners
Bookmark
º£½ÇÊÓÆµ's major banks brace for earnings amidst Trump's tariffs and rate cuts
By City AM
The FTSE 100's 'Big Five' banks will deliver a combined £30bn in cash returns to shareholders in 2025, according to analysts.
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Lidl's ambitious plans to open in Britain's most exclusive neighbourhoods
By City AM
The budget supermarket has already opened in swanky Fulham and Balham as it looks to reach its target of 3,000 stores across Great Britain
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The Ivy owner Richard Caring slashes workforce as £1bn sale discussions continue
By City AM
The billionaire owner of the high-end restaurant chain has been considering a £1bn sale and the group has now published its financial accounts for 2023, seven months after the Companies House deadline
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Visual effects giant behind Disney's The Lion King owed staggering £100m before collapse
By City AM
Technicolor, the visual effects company which worked on films including Disney's The Lion King and Pinocchio when it collapsed into administration in the º£½ÇÊÓÆµ, owed more than £100m to creditors, it has been revealed
Bookmark
Former Google employee named º£½ÇÊÓÆµ tech entrepreneur of the year
Technology
The data scientist turned founder scooped the accolade at the Black Tech Achievement Awards 2025
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M&S shares fall as cyber attack affects contactless payment and click and collect
By City AM
The FTSE 100 retailer said the cyber incident - which it first disclosed to the public on Tuesday - has affected some services
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Fevertree boss nets £1m payday after striking 'transformational' deal
By City AM
Tim Warrillow, the chief executive and co-founder of Fevertree, has been rewarded with a pay packet of more than £1m after striking a deal with Molson Coors
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