The UK arm of luxury womenswear brand Max Mara has almost doubled its pre-tax profit despite what it described as a “highly uncertain” economic backdrop, newly-filed documents have revealed. The …
July 2024
Lenders expect further rise in mortgage defaults in coming months
UK lenders are expecting a further jump in default rates on home loans in the coming months, according to a Bank of England survey, as mortgage holders face higher refinancing …
England vs Spain: Where to watch in London, from Boxpark to M
We did it! While England have ridden their luck at times, a storming performance against The Netherlands has landed us in a second successive Euros final. England vs Spain will …
Lotus Emeya review: Taking on the Taycan
All is calm as the Lotus Emeya sails past 150mph. With the horizon shrouded in heat haze, three empty lanes ahead and only a muted swoosh from the wind and …
Horse power! Classic Ferrari F355 makes a comeback
Evoluto Automobili has unveiled a ‘reimagined’ version of the Ferrari F355 at the Goodwood Festival of Speed. The project aims to propel the iconic, V8-powered Ferrari firmly into the 21st …
The Body Shop: What next for high street icon as tycoon eyes rescue deal?
The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks …
London City Airport granted five-year ban for Just Stop Oil
London City Airport has been granted a High Court injunction against environmental protest groups such as Just Stop Oil, City A.M. can reveal. Lawyers acting on behalf of the airport …
US inflation comes in below expectations as eyes turn to Fed’s next rate decision
US inflation came in below expectations in a boost for hopes that the US Federal Reserve will start cutting interest rates in September. Figures from the Bureau of Labor Statistics …
Government denies Ed Miliband has banned new North Sea oil licences
The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences. Earlier today, The Telegraph …
Asset manager Redwheel buys £1.1bn sustainable investor Ecofin
Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price. Ecofin, which currently has $1.4bn (£1.1bn) in assets …