Private equity firm Cinven has announced the sale of Kurt Geiger to shoe brand Steve Madden for £289m. Cinven bought the footwear and accessories brand in 2015 for £245m, and has since greatly expan
Barclays announced in its annual results it had set aside £90m to cover potential motor finance payouts, amidst ongoing disputes over the misconduct row. This follows the landmark Court of Appeal’s
The remains of London’s first Roman Basilica have been uncovered near Leadenhall Market during archaeological investigations at 85 Gracechurch Street. The site is currently being excavated by Museum
The UK fintech sector is experiencing lightning growth, with several companies on the road to gaining ‘unicorn’ status, a title given to privately held startups valued at over $1bn (£780m). Accor
Notorious activist investor Elliott Management has taken up a £3.8bn stake in BP, becoming the ailing oil major’s third-largest shareholder, according to reports. The US fund’s investment in the
Train drivers on London’s Elizabeth Line will stage a series of strikes over the next month in a dispute over pay, a union has announced. Members of Aslef, which represents nearly all of the UK’s
Matthew Shaw skipped university to get into the working world as fast as he could. Now he heads up Tokio Marine Kiln. He tells City AM how.
Shares in Barclays slumped on Thursday morning after the bank posted its annual results. The Big Four bank reported a £8.1bn pre-tax profit, up 24 per cent from 2024, surpassing analyst expectations
Litigation funders have said the sector is facing a “moment of reckoning” following a court ruling, with some blaming the lack of action from the government
Whisky Business: City AM’s monthly look at the world of whisky. The key to whisky’s unique flavour is patience, but for producers, there will always be a trade-off between patience and profit. Wh