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City of London approves major new skyscraper on doorstep of º£½ÇÊÓƵ's busiest station
By City AM
The City Corporation has approved a 54-storey skyscraper on the doorstep of º£½ÇÊÓƵ’s busiest station as demand for office space continues to grow in the capital.
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FTSE 100 hits record high in 2025, boosted by global market trends and Smiths Group breakup
By City AM
London's main index has hit another all-time high this morning, with the index up five per cent since the start of 2025 - but it could all end today
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Smiths Group to be broken up as FTSE 100 giant ditches big chunk of business
By City AM
The FTSE 100 engineering group will sell off Smiths Interconnect and separate Smiths Detection via a demerger or sale in a major shake-up
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Fevertree shares soar after 'transformational' deal with Molson Coors
By City AM
The agreement will see Molson Coors handle the exclusive sales, distribution and production of the Fevertree brand in the US.
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Crew Clothing to open 20 new stores across the º£½ÇÊÓƵ in 2025 after strong Christmas sales
By City AM
The fashion retailer has revealed plans to expand further after adding 15 new stores in 2024
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Raspberry Pi stock price dips as shares slide following profit forecast
By City AM
Raspberry Pi said it expected its full year adjusted operating profit to be above $36m (£28.9m), compared to a range of between $35m to $40.8m expected by analysts
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HSBC to shut º£½ÇÊÓƵ investment banking arm as part of major global restructuring
By City AM
HSBC is set to wind down parts of its investment banking operations across the º£½ÇÊÓƵ, Europe and North America as part of a sweeping global restructuring plan
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Bank of England to cut rates five times in 2025, says Morgan Stanley
By City AM
The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank’s monetary tightening and the fallout from the Budget.
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Wickes reports revenue growth and share price surge amidst challenging market conditions
By City AM
The company's share price rose more than 10 per cent in early trades
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BAE Systems wins £285m Royal Navy combat systems contract
Deals
It will support jobs across the south of England including in Filton, near Bristol, and Dorchester
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Jollyes to lower 3,000 prices as it opens new stores in challenge to Pets at Home
By City AM
Jollyes has announced a major move in the price war with Pets at Home as it seeks to drive footfall and sales across its stores and online
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Avanti West Coast's 'lamentable' service levels locked in by Tory-set standards, Labour peer says
Conservative Party
'My postbag... is full of criticism of Avanti West Coast'
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London's Black Sheep Coffee to open in Bristol
Retail & High Street
The speciality coffee brand was founded in 2013 and now has branches across the º£½ÇÊÓƵ
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Exeter wholesale broadband company agrees merger
Deals
The enlarged group will have one of the largest full-fibre footprints in the º£½ÇÊÓƵ
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º£½ÇÊÓƵ's top 10 taxpayers revealed including hedge fund boss who paid staggering £339m
By City AM
The annual Sunday Times Tax List, which ranks the 100 biggest individual taxpayers in the º£½ÇÊÓƵ, has named the top 10 including Sir Chris Hohn, Alex Gerko and Mike Ashley
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Burberry shares soar as luxury giant's transformation plan starts to show results
By City AM
The British brand has been implementing a wide-ranging turnaround plan to boost sales and re-connect with its customer base, which has helped to spark investor interest
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Sale of luxury London hotel boosts profits of family-owned empire
By City AM
Apex Hotels has recorded a significant increase in profits after selling a luxury hotel in London - and it is now looking to expand its portfolio even further
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IG Group boosts share buyback programme to £200m following Freetrade acquisition
By City AM
The firm's first half results have prompted it to increase share buybacks from its previous £150m target to £200m
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Sir Keir Starmer dodges Heathrow expansion query amid Labour's internal rift on airport growth
By City AM
Sir Keir Starmer has refused to say whether he would back the expansion of Heathrow Airport after voting against a third runway in 2018
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EasyJet sees losses narrow and says demand for summer flights is 'continuing'
By City AM
The budget airline expects to report a headline pre-tax profit of £709m in 2025, up from a prior year haul of £610m and in line with consensus.
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Waterstones sees profit soar as º£½ÇÊÓƵ office workers return, boosting city centre sales
By City AM
The bookseller cited the trend of the return to work as a key factor in its pre-tax profit surging from £11.2m to £42.9m in the 12 months to 27 April, 2024
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Government 'set to approve new runways at Heathrow, Gatwick and London Luton'
By City AM
The government is preparing to approve major expansion plans at three London airports, according to reports.
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Mr Kipling mince pies and Brownie Bites double sales at Premier Foods
By City AM
The Premier Foods share price rose this morning after the company said it expected profit to be at the upper end of the range of expectations in its financial year to the end of March
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º£½ÇÊÓƵ unemployment rate rises but pay growth picks up again
Economy
The ONS said the number of jobless people increased in the three months to November last year
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