º£½ÇÊÓƵ

Load mobile navigation
PREMIUM

South East

London sushi chain Wasabi sheds over 100 jobs as profits slump
By City AM
Wasabi - which has 33 locations in London - has reported a pre-tax profit of £2.2m for 2024, according to new accounts filed with Companies House
Bookmark
Wayfair slashes º£½ÇÊÓƵ workforce by 52% in two years as online sales take a hit
By City AM
The US homewares and furniture seller's º£½ÇÊÓƵ operation had a headcount of 405 at the end of 2024, compared to 587 in 2023 and 847 in 2022, it has been revealed
Bookmark
Christie's London showroom rebounds with £919.4m in sales for 2024, led by modern art
By City AM
Christie's posted a 12 per cent rise in sales for the year to December 31 2024 after its º£½ÇÊÓƵ arm reported a 21 per cent slump in sales in 2023, with turnover down by 10 per cent
Bookmark
Rightmove profits rise as estate agents upgrade marketing packages
By City AM
The FTSE 100 property firm posted a 10 per cent rise in revenue and operating profit in the first half of 2025 as more estate agents upgraded marketing packages amid renewed market activity
Bookmark
England's Premiership rugby clubs' finances revealed as sport faces stark warning over future
Business of Sport
Business Live analysis of Companies House data found every single side in the league in the red in the last financial year
Bookmark
Reckitt Benckiser upgrades revenue outlook after 'strong' first half
By City AM
The consumer goods giant said it had a "strong first half performance" after implementing a "significant simplification drive" last year - and said there was "much work to do"
Bookmark
Clifford Chance's profit soars to £944m, partners earn £2.1m each
By City AM
The 36% increase in profit, up from £693m in the 2022/23 financial year, is the third consecutive year of growth for the London-based firm
Bookmark
VodafoneThree merger boosts º£½ÇÊÓƵ operations with significant revenue growth
By City AM
The deal has created the º£½ÇÊÓƵ's largest mobile operator and delivered a double-digit boost to local revenues in the first quarter
Bookmark
Swatch relocates London HQ to Canary Wharf, embracing new office trends
By City AM
The watches and jewellery manufacturer has signed a five-year lease for 9,500 sq ft at the Sierra Quebec Bravo building in Canary Wharf, relocating from Dockside Road
Bookmark
BT Group reports 10% profit drop but remains optimistic about achieving annual targets
By City AM
In a trading update for the three months to 30 June, the FTSE 100 company informed shareholders its reported profit before tax was down 10 per cent to £468m
Bookmark
ITV beats expectations with streaming and Studios boost despite profits dip
By City AM
The FTSE 250 broadcaster reported a 31 per cent drop in group adjusted EBITA (earnings before interest, taxes, depreciation, and amortisation) to £146m for the six months to 30 June, and a three per cent fall in total revenue to £1.85bn
Bookmark
Lloyds Bank reports strong growth in first half of year as º£½ÇÊÓƵ economic conditions improve
By City AM
The FTSE 100-listed bank saw a 4 per cent year-on-year increase in statutory profit after tax to £2.5bn, with underlying profit of £3.6bn
Bookmark
JD Wetherspoon sales soar past pre-pandemic levels for first time in years
By City AM
Sales at the pub group are up 5.1 per cent in the year to date, according to a trading update from the company this morning, putting growth at the chain above the industry average
Bookmark
OpenAI's º£½ÇÊÓƵ earnings surge as AI firm lands Government deal
By City AM
The º£½ÇÊÓƵ arm of OpenAI, the US tech giant behind the ChatGPT artificial intelligence (AI) service, saw its earnings surge in 2024
Bookmark
Rolls-Royce's profits soar as super-rich buyers rush to personalise their motors
By City AM
Rolls-Royce Motor Cars said the rise in demand for its bespoke offering - which lets buyers tailor their car to their exact requirements - helped boost its profit in 2024
Bookmark
French nuclear company to create 1,000 º£½ÇÊÓƵ jobs to support Sizewell C
Energy
The roles will be across Assystem's 10 º£½ÇÊÓƵ sites but in particular in Bristol, Blackburn, Derby, Sunderland and London
Bookmark
IBM º£½ÇÊÓƵ cuts nearly 400 jobs as profits drop by a quarter amidst economic challenges
By City AM
The º£½ÇÊÓƵ arm of the US tech giant saw its headcount reduce in the 12 months from 7,309 to 6,920, new accounts filed with Companies House show
Bookmark
Compass Group acquires Vermaat Groep for £1.3 billion to expand European presence
By City AM
Compass has agreed to acquire European food services business Vermaat Groep for €1.5bn (£1.3bn)
Bookmark
Astrazeneca axes plans for º£½ÇÊÓƵ expansion to pump $50bn into US
By City AM
Astrazeneca said it will spend the huge sum over the next five years, including on a new manufacturing facility in Virginia, its largest-ever single manufacturing investment
Bookmark
West Wales Airport bought by European drone company
Deals
Tekever is headquartered in Portugal but has º£½ÇÊÓƵ sites in Wales, Bath and Southampton
Bookmark
BP names new chair after Helge Lund quits amid shareholder pressure
By City AM
The company announced plans in February to slash renewable energy investment and pivot back to oil and gas. Nearly a quarter of BP's shareholders opposed Lund's re-election at its annual general meeting in April
Bookmark
MPs warn 'farcical' º£½ÇÊÓƵ water sector must be simplified as Thames Water's crisis deepens
By City AM
The Public Accounts Committee has warned that the "financial fragility" of a few large utilities had caused investors to lose confidence in regulation and the sector as a whole.
Bookmark
Government plans to cut energy costs for thousands of businesses
Energy
The proposals are part of Labour's industrial strategy launched last month
Bookmark
Drop off charges at º£½ÇÊÓƵ airports hits record high
Transport
A total of 11 airports have hiked their prices since last year with some now charging £1 per minute, according to the RAC
Bookmark
Story Saved
You can find this story in  My Bookmarks.Or by navigating to the user icon in the top right.