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Piers North is new CEO at Mirror publisher Reach plc as Jim Mullen moves to Jockey Club 
London
Incoming leader says 'It’s a huge honour to lead Reach as we continue to serve essential journalism to our audiences'
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'How I launched a luxury British fashion brand': Jenine Baptiste on the power of creative freedom
Fashion
Jenine Baptiste has worked for brands such as Victoria Beckham, Erdem, Doi Tung, and trained in Savile Row tailoring under Maurice Sedwell and Chittleborough & Morgan
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London's luxury real estate resilient amid non-dom reforms and global economic shifts
By City AM
The super-prime London property market has held up better than expected in the face of the government's non-dom reforms, according to one of the world's top luxury estate agencies
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Norwegian oil fund buys a quarter of London's Covent Garden from Shaftesbury
By City AM
Under the terms of the contract, Norges Bank Investment Management (NBIM) will buy a 25 per cent non-controlling stake in the £2.7bn Covent Garden estate, which Shaftesbury will continue to manage.
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Mining giant Rio Tinto counters calls to abandon London for Australia
By City AM
The mining giant holds a dual-listing in the º£½ÇÊÓƵ capital and Sydney, but has faced pressure from investors to abandon its current set up in favour of an Australian-domiciled holding company
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Lloyd's of London reports profit drop to £9.6bn amid US wildfire claims and market volatility
By City AM
Lloyd's of London, the world's leading insurance and reinsurance marketplace, has reported a profit before tax of £9.6bn for 2024, a drop from the £10.7bn reported for 2023
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Steven Bartlett's debut Dragons' Den investment, saved by Albex Group after administration
By City AM
Cheesegeek, the artisan cheese retailer that Steven Bartlett invested in during his first series on Dragons' Den, has been rescued after collapsing into administration
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Tech infrastructure company Softcat beats analyst expectations as profit jumps
By City AM
Softcat has beaten analyst expectations in the first half of the year, with gross profit jumping 12.1 per cent to £220.2m
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M&G reports jump in outflows as it slumps to loss in 2024
By City AM
The insurer and asset manager reported outflows of £9.5bn throughout 2024, compared to £4.7bn in 2023, it revealed in its annual results
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Thames Water £3bn emergency loan: Court of Appeal rejects challenge
By City AM
The Court of Appeal has dismissed an appeal against a £3bn rescue package for Thames Water - the º£½ÇÊÓƵ's biggest water supplier - following a three-day hearing last week
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Asos shares plunge as investors 'lose confidence' in retailer's turnaround plan
By City AM
Asos shares have plummeted more than 50 per cent since the start of the year as investors have lost faith in the firm's turnaround plan
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Lord Andrew Lloyd Webber's theatre empire facing 'notable impact' of Reeves tax hike
By City AM
LW Theatres is coming into next month off the back of a financial year which saw its turnover increase to almost £200m but its pre-tax profit slashed in half.
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London office market outperforms global rivals as supply hits record lows
By City AM
The City of London and the West End achieved prime rental growth of 11.6 per cent and 9 per cent last year, respectively, helped by a city-wide vacancy rate of 6.6 per cent
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Gong Cha: Bubble tea brand to open 225 new º£½ÇÊÓƵ stores in nationwide expansion
By City AM
Gong Cha, which was founded in Taiwan in 2006, said the deal forms part of its wider strategy to reach 10,000 locations across the world by 2032
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Savills reports significant profit growth but shares decline amid investment management struggles
By City AM
The company's revenue increased by seven per cent in the year ended December 31, reaching £2.4bn
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PensionBee hails 'transformative year' as losses slashed and revenue climbs
By City AM
PensionBee has hailed a "transformative year" for the listed business as it slashed its pre-tax loss and grew its revenue by almost £10m as it expanded into the US
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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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