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Five years on from lockdown – have your say on how it changed your life and your business
Coronavirus
Tells us how Government restrictions changed your business
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Shurgard-owned self-storage firm Lok'nStore slumps to loss after £378m takeover
By City AM
Lok'nStore, which was listed on the London Stock Exchange's AIM market from 2000 until it was taken private in April 2024, fell to a pre-tax loss of £7.3m for the 12 months to 31 July, 2024
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Deliveroo swings to first full year profit as orders jump in º£½ÇÊÓƵ and Ireland
By City AM
The food delivery company told markets this morning that gross merchandise value (GTV) increased by five per cent to £7.4bn in the year ended December 31, up from £7bn last year.
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Trainline shares tank despite record sales with rivals launching national ticket app
By City AM
Investors were left unimpressed by the figures, with the stock dropping more than 13% in early deals, despite the company's º£½ÇÊÓƵ business seeing ticket sales grow 13% to £3.9 billion
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The Gym Group's revenue and profit rise as growth plan gathers pace
By City AM
The Gym Group, which has more than 250 gyms across the º£½ÇÊÓƵ, reported a pre-tax profit of £3.6m in the year ended December 31, 2024, up from a pre-tax loss of £5.5m in 2023
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Legal & General boosts shareholder returns with £500m buyback after strong 2024 performance
By City AM
The insurance giant announced a £500m share buyback for 2025, as part of its commitment to return over £5bn to shareholders within three years.
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Virgin Media O2 announces £700 million mobile network upgrade
By City AM
The £700m investment will help Virgin Media O2 upgrade its mobile network, making it more reliable and boosting speeds for customers
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Direct Line boss gets huge £7.8million pay day ahead of Aviva takeover
By City AM
The compensation paid to Direct Line Group CEO Adam Winslow was revealed in the insurance giant's annual report, which was published on Thursday
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Domino's º£½ÇÊÓƵ announces new chair and reports mixed financial results for 2024
By City AM
Domino's Pizza Group has announced a new Chair, while its sales rose, profit after tax fell, and the pizza chain said it had 'delivered strong underlying earnings growth'
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Lord Alan Sugar's empire hails record profit despite falling sales
By City AM
Amshold Trading, which is controlled by the former chairman of Tottenham Hotspur, has reported a pre-tax profit of £10.8 million for the 12 months to 30 September 2024
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Lloyd's of London reports 6.5% increase in gross written premiums for 2024
By City AM
In a trading update published this morning ahead of its full results, Lloyd's said gross written premiums increased £55.5bn from £52.1bn in the prior year
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Royal London to share £181m profit with millions of customers
By City AM
The firm reported an 11% rise in pre-tax profit to £277 million in 2024, up from £249 million in 2023, after the group bolstered new businesses and consolidated its consumer book
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The female CEOs leading the way at FTSE 100 and FTSE 250 businesses
International Women's Day
Latest report into stock market giants shows women now occupy 43% of roles on boards
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Ocado CEO's pay jumps to £2.6m despite heavy losses and share price slump
By City AM
Tim Steiner took home more than £2.6m for his company's latest financial year, a rise from the £1.9m he was awarded in the prior 12 months
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Balfour Beatty shares dip as CEO Leo Quinn announces departure
By City AM
Leo Quinn has announced plans to step down from Balfour Beatty after more than 10 years at the helm, with shares in the º£½ÇÊÓƵ's biggest contractor falling more than 4 per cent
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Galliford Try shares jump as construction firm reports profit boost
By City AM
The company said it was "well-placed" to support the government's "commitment to growth" and that it had an order book of £3.9bn
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Jollyes continues to sink into the red despite sales surge as it takes on Pets at Home
By City AM
The company has posted a pre-tax loss of £13.3m for the year to 26 May, 2024, after having also made a £5.3m loss in the prior 12 months.
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Mirror owner Reach plc beats profit forecasts and celebrates online growth
London
BusinessLive parent says print performance also beat market trends
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Close Brothers finalises sale of asset management division to Oaktree
By City AM
The banking group has offloaded Close Brothers Asset Management (CBAM) to global investment management firm Oaktree Capital Management in a bid to strengthen its balance sheet
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GB News suffers huge loss despite doubling revenue and growing audience
By City AM
The TV channel, whose well-known presenters include Reform º£½ÇÊÓƵ leader Nigel Farage, fell to a pre-tax loss of £33.4m in the year to 31 May, 2024
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Sadiq Khan asks for ideas on pedestrianising Oxford Street to 'create world's best shopping avenue'
By City AM
The Mayor of London is asking the public for their ideas on pedestrianising Oxford Street in a bid to transform the iconic shopping district into a "world-class, accessible, clean, avenue"
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London Stock Exchange Group smashes expectations with strong growth and bold 2025 outlook
By City AM
The firm's total income, excluding recoveries, grew by 7.7 per cent in 2024, with broad growth across divisions.
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Rolls-Royce shares skyrocket as iconic company brings back dividends
By City AM
The FTSE 100 engineering giant on Thursday proposed a 6p per share dividend for investors in what marks its first payout since before the pandemic
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Metro Bank sells off £584m personal loan book as it switches to specialist lending
By City AM
Metro Bank today confirmed it will sell its £584m portfolio of unsecured personal loans as the lender moves its focus to specialist lending
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