BAE Systems has been given the regulatory green light for its blockbuster £4.4bn acquisition of Ball Aerospace. In a statement on the London Stock Exchange, the weapons giant said it …
February 2024
Mastercard and Visa are back in court over class action on interchange fees
The long-running dispute on Mastercard and Visa’s interchange fees is back at the court today for a liability hearing, with another hearing scheduled to run into next year. The case …
Bank of England racks up £20m maintenance bill for iconic headquarters
The Bank of England has reportedly spent more than £20m on maintenance-related contracts for its Grade I-listed building since last September. Financial News reported that, based on analysis of its …
A mystery: One of Brick Lane’s iconic beigel shops has shut – and nobody knows why
One of two Brick Lane beigel shops – which have provoked heated debate amongst Londoners for decades – is shut, and nobody quite knows why. Brick Lane Beigel Shop – …
Dispensa to delist from London Stock Exchange after market cap collapse
Dispensa, the holding company that focuses on luxury food brands, is set to delist from the London Stock Exchange, as the firm has fallen to just £2.3m in market cap. …
UK and London house prices drop again but ‘affordability still a huge barrier’
House prices fell in December with the average price of a property now costing £285k – but it’s still hard to afford a home for lots of Britons. The figure, …
Train drivers to strike for six more months as union boss says transport sec ‘hasn’t seen fit to talk to us’
Train drivers from five rail companies have voted to continue strike action for six months in the ongoing dispute over pay. The Aslef Union voted overhwelmingly to continue industrial action …
‘A real market character’: John Bridges (1942-2023)
This week, a memorial service will be held to mark the passing of John Bridges, a long-time stalwart of the City. His daughter writes for City A.M. on a true …
Agronomics posts loss, sees improving outlook for cell-cultured low-carbon food products
Cellular agriculture investor Agronomics reported a loss of £437,924 last year, down significantly from an £18.6m profit in 2022. The Isle of Man-based venture capital firm saw its net asset …
Clifford Chance: London magic circle law firm brings in long-time Accenture finance boss
Magic circle law firm Clifford Chance has hired a new chief financial officer from professionals service firm Accenture. Daniel Burton is set to join the law firm mid-June, and will …