London’s major insurance companies failed to have a multi-billion-pound aviation lawsuit withdrawn from England and flown to a Russian court. Following Russia’s invasion of Ukraine, the country was hit with…
Ajax have suspended their chief executive Alex Kroes and say they intend to sack him just two weeks into the job over allegations of insider trading. It is the latest…
The tsunami of tech layoffs that plagued much of 2023 has continued to hit companies of all sizes this year, from startups and mid-size companies to the mega caps, including…
London-based artificial intelligence (AI) company Luminance has received $40m (£32m) in Series B funding to fuel its expansion efforts in the US. The funding round is spearheaded by March Capital,…
The Bank of England is examining a claim that Metro Bank “pirated” a US company’s software and put customers’ data at risk, City A.M. understands. The central bank’s regulatory arm…
Gold and precious metal funds swept performance tables in March, taking eight of the top ten positions throughout the month. “There was only one story last month – gold,” said…
Sadiq Khan has announced plans for a ‘Bakerloop’ bus route along the proposed Bakerloo Tube line extension. The mayor of London, who is campaigning for a record third term running…
The Ministry of Justice (MoJ) announced last year plans to raise up to £42m extra a year by increasing some fees for HM Courts and Tribunals Service (HMCTS), but there…
Deloitte is backtracking on its previous cuts after it has taken on extra space in its City of London office, highlighting a boost of its office use. The Big Four…
Royal Mail has appointed Emma Gilthorpe as its new chief executive after former top brass Simon Thompson left amid a flurry of industrial action. International Distribution Services (IDS), the parent…