How Virgin Media 02 keeps your data running 24/7
City AM was invited inside one of Virgin Media 02 (VM02)'s largest data centres in the UK, located in Slough.
Burberry set to re-enter the FTSE 100 in March reshuffle
Burberry looks set to re-enter the FTSE 100 in March after its shares doubled since their lows in September. The luxury brand fell out of the FTSE 100 in its September quarterly reshuffle last year af
X looks to raise $44bn in valuation as Musk woos investors
Elon Musk’s social media platform X is in discussions to secure new investment at a $44bn (£34.93bn) valuation. The same price was spent by Musk to purchase the firm, formerly known as Twitter, in
Reeves told to improve investment incentives by industry bosses
Rachel Reeves has been told by top global financial firms she needs to ease investment taxes, sources told Reuters. In a meeting with executives from JPMorgan, BlackRock, Goldman Sachs, Morgan Stanley
Thames Water: KKR makes £4bn offer for majority stake
KKR has offered £4bn for a majority stake in the crisis-hit utility Thames Water, according to a report. Sources close to the matter told Bloomberg that KKR had no plans to sell any assets should its
Aviva Investments warns three funds failing on performance
Aviva Investors has flagged three of its funds as failing to deliver value for customers on performance, though it said no changes will be made to the funds. Aviva, which manages 15 investment funds,
Who watches the Watches?
As a newly minted Picture Editor and thus part of the management team of a then-popular left-wing national newspaper, I sat in on a discussion about why the poor ate so badly. Having only recently lan
BAE Systems forecasts more than £30bn in sales in 2025
BAE Systems has forecast more than £30bn in sales in 2025 as governments across the globe face pressure to hike military spending. The London-listed defence giant said it expects sales to increase by
Glencore launches $1bn buyback programme despite profit fall
Glencore has launched a $1bn (£792m) share buyback programme despite recording a 16 per cent drop in adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) in 2024. The firm’
Jet2: Budget airline warns of £45m hit from tax hikes and green levies
Budget airline Jet2 has reported a boost in profit before tax but warned margins may come under pressure in the near future due to a raft of cost pressures. Jet2 expects to report profit before tax of