Telecoms company Airtel Africa has reported a loss after tax of $89m (£71m) despite a huge uptick in its customer base after foreign currency movements wiped a billion dollars off …
May 2024
Kazakh billionaire offloads Mayfair property for £35m
A Kazakh oligarch worth an estimated £5bn has sold his London mansion for just shy of £35m to the property investment firm North Wind Capital in yet another sign capital’s …
More than Money: Can makeup change lives? CEO donates products to people battling cancer
Join us in this episode of More than Money as City A.M. multimedia journalist Larissa Howie explores the deeper mission behind Sculpted by Aimee. Beyond selling makeup, CEO and founder …
Inside the new luxury private terminal at Manchester Airport that’s open to everyone
A new luxury private terminal with a twist has been unveiled at Manchester Airport ahead of it opening later this year. In what is being described as a UK first, …
How to find the right investor for your start-up — and stay ahead of the game
After spending two days in Porto with hundreds of start-ups and investors at Startup Portugal’s SIM Conference last week, Ambition A.M.’s Jennifer Sieg put together her own key takeaway guide …
Bonds & Ballots: Can a British ISA save London’s stock market?
Jeremy Hunt unveiled a more muted budget than some had expected on Wednesday as he slashed national insurance again, scrapped non-dom tax status and tweaked child support thresholds. Among the …
Profit at Character Group jumps after testing few years
The Character Group, a UK-based maker of toys, reported a significant uptick in profit despite turnover remaining steady during the six months to February, according to its half-year statement. The …
Frontier: AIM-listed developer wins rights to make third Jurassic World video game
Video game developer Frontier Developments has signed a licence with Universal to produce the third Jurassic World video game. The game, which will follow on from successes with Jurassic World …
Derwent London shrugs off concerns about the commercial property market with new Cushman & Wakefield deal
Property investment business Derwent London has reported new leases in 2024 totalling £5.4m, including a deal worth £1.8m announced today. The company announced a fresh 15-year lease with Cushman & …
Balfour Beatty: Key projects with BP, Equinor and Rolls-Royce help construction giant trade in line
Balfour Beatty said trading had been in line with expectations in the first quarter as it announced progress on three major UK infrastructure projects. The construction giant said profit from …