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Pennant International makes duo of senior appointments
Appointments
The chief executive of cyber security firm Intercede has joined the company - and it has also hired an interim CFO
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Oakley Capital sells Ocean Technologies Group to Lloyd's Register
By City AM
Private equity firm Oakley Capital has sold the digital learning platform to the maritime classification society for an undisclosed sum
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海角视频 high street suffers as tax-free shopping for tourists ends, says Kurt Geiger boss
By City AM
Kurt Geiger's chief executive, Neil Clifford, said the end of VAT-free shopping has had a "massively negative effect" on Britain, as the 海角视频 continues to shoot itself in the foot.
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REA Group eyes 拢4.4bn takeover of Rightmove, reshaping global property market
By City AM
REA Group, one of Australia's largest companies and is majority owned by Rupert Murdoch's News Corp, said it was considering a cash and share offer for the 海角视频's largest property portal
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Pound set to outperform major currencies with projected rise to $1.41, says Bank of America
By City AM
The pound has been one of the world's best-performing major currencies this year and is set to continue its surge against the dollar, according to Bank of America
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Burberry's downfall is about more than just a challenging market - it's also self-inflicted
By City AM
Burberry is set to drop out of the FTSE 100 in its quarterly reshuffle, which will be based on market caps as of 2 September
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Rodrigo Maza leads Naked Wines in strategic shift towards customer-focused growth
By City AM
The wine retailer has had a tough time over the last year, and issued a warning in December that it might not be able to pay its debts if things didn't turn around
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CAB Payments partners with Visa to boost emerging markets service
By City AM
The fintech firm is hoping to move on from its disastrous London float last year
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Nvidia shares plummet despite record quarterly revenue of $30bn
By City AM
Revenue for the second quarter hit a new record of $30bn (拢22.7bn), up 15 per cent from the first quarter and up 122 per cent from the previous year ago
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Octopus Group invests 拢25m in London's AIM market, betting on undervalued companies
By City AM
Octopus Group has quietly pumped 拢25 million into the London Stock Exchange's junior AIM market, in a bet on the future of the segment
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Prudential confident in achieving ambitious 2027 goals despite sluggish start to the year
By City AM
The Asia-focused insurer reported a slowdown in new business profit in the first half of the year, but said it was confident in its ability to meet its targets for the full year
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HSBC's incoming boss weighs up middle management overhaul
By City AM
Georges Elhedery is reportedly considering measures like removing layers of middle management in a sign that he wants to streamline Europe's biggest bank
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GSK and Pfizer challenge expert testimony in Zantac cancer case at Delaware Supreme Court
By City AM
Delaware's top court is set to hear an appeal from GSK and other pharmaceutical giants to throw out over 70,000 lawsuits alleging that the now-discontinued heartburn drug Zantac caused cancer
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Mike Ashley's Frasers Group acquires 14.65% stake in Australian retail giant
By City AM
The London-listed retail empire has acquired a 14.65% stake in the Australian retail and distribution firm
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High street shops that have disappeared from the 海角视频
Retail & High Street
Brands such as Woolworths and Blockbuster - popular in the 1980s and 1990s - have been consigned to history
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Taylor Swift's Wembley concerts generate 拢300m for London, MP proposes top city honour
By City AM
Taylor Swift's record-breaking Eras Tour has given a huge boost to London's economy, with an estimated 拢300m spent in the capital during her two shows at Wembley Stadium
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Beavertown Brewery introduces 'friendship-building' stools in London pubs to ease social anxiety
By City AM
Beavertown Brewery has placed distinctive bright blue stools in pubs across the capital in a bid to encourage patrons to meet new people in a relaxed environment
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TikTok and Prince's Trust to host market at Battersea Power Station for black-owned businesses
Black Communities
The companies involved in the Black Pound Marketplace have been set up with support from the trust鈥檚 enterprise programme
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Shein faces scrutiny over child labour cases ahead of potential London Stock Exchange float
By City AM
The revelation will likely fuel concerns in the City ahead of a potential blockbuster float on the London Stock Exchange, after the China-founded retailer admitted it found two cases of child labour in its supply chain last year
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Ofwat starts search for independent 'monitor' to oversee Thames Water
By City AM
The new appointment is part of a string of new measures that Thames has signed up to in order to avoid a hefty fine for breaching its licence conditions
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Farnborough Airshow boosts 海角视频 airline orders to a 2024 high amid supply chain woes
By City AM
The number of aircrafts being ordered by 海角视频 airlines hit its highest monthly figure in July as a slew of deals at the Farnborough Airshow helped the industry weather wider supply chain issues
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Hiscox makes decision following Jonathan Bloomer's death in Italy yacht tragedy
By City AM
Jonathan Bloomer was on the yacht that sank off the coast of Sicily in the early hours of Monday morning - the former Prudential boss was also the chair of Hiscox
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Ted Baker seller Baird Group in the red after strategic overhaul, closing stores and cutting jobs
By City AM
Baird Group, which sells Ted Baker clothes in the 海角视频, went into the red as it closed stores, cut jobs and refocused on its Suit Direct brand
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CMA issues warnings to Barclays and Santander 海角视频 for breaches in data sharing
By City AM
The Competition and Markets Authority (CMA) has reprimanded Barclays and Santander 海角视频 for breaking the rules on data sharing and open banking
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