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Treasury veteran Charles Roxburgh to lead Lloyd's of London starting May 2025
By City AM
The prominent insurance market said that following a "robust and extensive search", Roxburgh would take up the role on 1 May 2025
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Investec expects profit to rise despite 海角视频 challenges
By City AM
The bank expects adjusted operating pretax profit in the six months to September to be between 拢450m and 拢482m, up from 拢441m in the same period last year.
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Record-breaking revenue for Viking River Cruises in the 海角视频 amid soaring demand
By City AM
Viking River Cruises Ltd, the 海角视频 arm of the luxury travel company, has reported its highest revenue figure since the Covid-19 pandemic while its profit hit a new record
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Revolut hits 10 million 海角视频 customers milestone, set to launch banking services
By City AM
Revolut has reached an incredible milestone in the 海角视频, with the fintech giant now boasting 10 million customers in the country as it prepares to launch its bank
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Yonder secures 拢23.4m in funding led by Revolut investor to fuel global expansion
By City AM
Yonder, the credit card rewards firm which targets millennials and Gen Z, has now raised more than 拢85m in equity financing since it was founded in 2021
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Close Brothers divests asset management division to Oaktree in strategic 拢200m deal
Banking & Finance
The sale of Close Brothers Asset Management (CBAM) to funds managed by Oaktree Capital Management is expected to be completed in early 2025 following regulatory approvals.
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Lego defies the odds as 海角视频 sales and profit rise for sixth year in a row
By City AM
The business did not increase its 海角视频 sales and pre-tax profit in only one year since 2017
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Lavazza 海角视频 achieves record 拢102.3m turnover amid strong global performance
By City AM
The Uxbridge-headquartered division's turnover totalled 拢102.3m for 2023, newly-filed accounts with Companies House show.
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Suntory Beverage sees continued success with Lucozade and Ribena, boosting profits amidst inflation challenges
By City AM
Suntory Beverage & Food GB&I has reported a pre-tax profit of 拢109.1m for 2023, up from the 拢100.7m it posted for 2022, according to newly-filed accounts with Companies House
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Bank of England's rate decision hangs in balance as 海角视频 inflation persists at 2.2%
By City AM
Inflation remained at 2.2% in August despite signs of stubborn price pressures and a fall in the cost of living is still some way off for struggling households, official figures have shown.
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Sadiq Khan's bold move to pedestrianise Oxford Street aims to revitalise London's iconic shopping hub
By City AM
Sadiq Khan has announced plans to pedestrianise Oxford Street in a bid to reinvigorate the nation's "most famous high street" and attract more shoppers
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Pret A Manger's overseas expansion pays off as one in four pounds now spent outside the 海角视频
By City AM
The sandwich and coffee chain said its sales grew by 10% year on year to 拢569 million, as it pushes ahead with plans to grow its business overseas
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Final nominations open for SecsintheCity Annual PA of the Year Awards 2024
Employment
SecsintheCity is the 海角视频鈥檚 only job board dedicated to personal assistants, EAs, legal PAs, and business support professionals
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Petershill Partners declares 9-cent special dividend following robust dealmaking and asset growth
By City AM
The Goldman Sachs-backed firm, which floated on the London Stock Exchange three years ago, generated a total income of $146m (拢111m) in the six months to June 30, up from $138m (拢105m) the year prior.
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海角视频 Accor hotels report robust growth in 2023, with notable gains in Ibis division
By City AM
The results for the Accor 海角视频 Business & Leisure Hotels and Accor 海角视频 Economy Hotels for 2023 have been revealed in accounts filed with Companies House
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Lord Conrad Black eyes return to The Telegraph, potentially backing Dovid Efune's bid
By City AM
Lord Conrad Black, the media tycoon who owned The Daily Telegraph for nearly two decades, is said to be considering backing a bid for the British broadsheet
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National Grid agrees 拢630m sale of Electricity System Operator to government
By City AM
The FTSE 100 utility said it expected the transaction to be completed on 1 October
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Renters' Rights Bill: 海角视频's biggest landlord praises government's proposals
By City AM
The 海角视频's largest listed residential landlord Grainger, has praised the government's new Renters' Rights Bill, which was presented in Parliament on Wednesday
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Supreme Court rules against Tesco in landmark 'hire and fire' case over employee retained pay
By City AM
The Supreme Court has ruled that Tesco cannot terminate its employees' contracts for the purpose of depriving them of retained payment, after a three-year legal battle
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Bank of England modifies 海角视频 banking overhaul plans, easing capital rules after industry pushback
By City AM
The Bank of England has relaxed a proposed overhaul of the 海角视频 banking system after an industry backlash, with officials saying the updated package will support "growth and competitiveness"
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Heathrow: 海角视频's new 拢10 airport charge for all passengers will make us 'less competitive'
By City AM
The controversial Electronic Travel Authorisation (ETA) scheme, which requires visa-exempt passengers to pay 拢10 and wait around three days for a permit, will be rolled-out to all nationalities next year
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Massive 拢3.75bn data centre planned in Hertfordshire to boost 海角视频's tech infrastructure
By City AM
A planning application for the new data centre has been submitted and, if approved, construction would be completed by 2029 and create some 500 jobs immediately
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The Gym Group expects profit to be at top end of forecasts after swinging to a profit
By City AM
The Gym Group, which has 240 gyms across Britain, said it was "well set" to deliver full-year earnings at the top end of market forecasts after swinging to a profit in the first half of 2024
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Amazon Web Services to spend 拢8billion on new 海角视频 data centres in tech race
By City AM
Amazon Web Services plans to invest 拢8bn in building, maintaining and operating a number of data centres in the 海角视频 over the next five years, as the cloud division looks to expand its footprint
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