The nightlife hospitality chain Revolution Bars confirmed speculation today that it had held a meeting with competitor Nightcap regarding a possible sale. The chain, which is listed on the London …
May 2024
StanChart: Bank bucks the trend and breezes through analyst profit estimates
Standard Chartered has sailed past estimates with a 25 per cent jump in profit on the back of interest rate hikes and a solid performance from its trading and wealth …
Bank spying powers are Orwellian: the government must rethink
Slippery slopes are so named for a reason. One step might feel ok. A second, trouble-free. But suddenly momentum builds, and there’s no stopping you. The metaphor could not be …
UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
The UK could face “sluggish” growth for the next two years as the impact of the Bank of England’s interest rate hikes continue to weigh on the economy, new forecasts …
Smiths News unlocks higher dividends with new loan deal despite profit slump
Leading UK newspaper distributor Smiths News has reported a profit slump as demand for physical newspapers has continued to decline. In its interim results, published this morning, the company said …
Co-op Bank says transformation plan ‘materially complete’ ahead of agreed £780m Coventry merger
The Co-operative Bank has said its multi-year transformation plan is “materially complete” as the lender progresses with an agreed £780m takeover by Coventry Building Society. Co-op Bank has spent the …
Mark Kleinman: BHP’s Anglo bid, Getir’s lack of delivery and what next for Nationwide
Mark Kleinman is Sky News’ City Editor and writes a weekly column for City A.M., this week on the bid for Anglo American, Getir’s struggles and Nationwide’s Virgin Money takeover …
Ed Warner: Forget WrestleMania, Super Bowl or the Olympics – London mayor should seek hefty portfolio of sporting events
It’s mayoral election day, but London is hardly gripped by voting fever. I’m no psephologist, but it seems a safe bet that turnout will slide under 2021’s 42 per cent, …
Gen z aren’t lazy – they just know that work doesn’t pay
Generation z are shunning the corporate ladder because they recognise we live in an asset-driven economy that penalises work, says Eliza Filby Here’s a charming exchange between two young men …
The making of a mayor: What powers do they actually have?
In England and across the world, mayors have wildly disparate powers. So how do they stack up? Lucy Kenningham explains In 1990, Michael Heseltine came back from a trip to …