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News

  • August 7, 2024

‘More work to do’ on airport accessibility, aviation watchdog warns

Britain's aviation regulator has said "more work" needs to be done to improve airport accessibility, despite significant improvement over the last year.

  • August 7, 2024

WPP sells majority stake in FGS Global to KKR as group growth flounders

WPP also reported its interim results in a separate announcement. Despite flat revenue at £7.2bn, there was a 2.6 per cent drop on a like-for-like basis.

  • August 7, 2024

Legal & General beats profit estimate and raises dividend amid strategic overhaul

Legal & General (L&G) has raised its dividend as its profit for the first half of 2024 exceeded expectations, after its new chief promised a "simpler" future.

  • August 7, 2024

Hiscox: Lloyd’s of London insurer reports ‘robust growth’ despite a more ‘active loss environment’

Hiscox, the Lloyd’s of London insurer, has reported another set of strong results as the company has continued to benefit from a hard insurance market. In its interim results for the six months to 3

  • August 7, 2024

Thames Water handed more special measures from Ofwat after credit rating downgrade

Thames Water will be made to appoint an independent monitor and develop a “suitable” turnaround plan as part of a raft of new measures from the regulator after the its credit rating was downgraded

  • August 7, 2024

Why Virgin Atlantic’s cooking oil flight ad was banned for being ‘misleading’ on green claims

A ruling by the UK ad watchdog has raised questions over Virgin Atlantic's "groundbreaking" biofuel-powered flight across the Atlantic last November.

  • August 7, 2024

UK Government doles out £32m for AI projects – after ditching £1.3bn pledge

The British government has announced plans to back 98 artificial intelligence (AI) projects across the country with an injection of £32m. The funding, which aims to supercharge ‘high-growth’ indu

  • August 7, 2024

Exclusive: Tories spent £10m exploring scrapped Natwest retail offer

The Conservative government spent around £10m exploring a now-scrapped plan to sell part of its stake in Natwest to retail investors, with the bank footing most of the bill, City A.M. can reveal.

  • August 7, 2024

‘This time it’s personal’: Ex-Man Utd boss Richard Arnold vows to take Norton Motorcycles global

As the former-CEO of Manchester United, Richard Arnold knows a thing or two about high stakes. But with a recent career pivot seeing him take the helm of  beloved heritage motorcycle brand Norton –

  • August 7, 2024

Are you really better off investing in Manchester property over London?

It seems a universal truism that Londoners will complain about house prices in the capital, and grumble about not having invested twenty years ago (even when they’re barely mid-twenties themselves).

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