TNT Sports will show the men’s Ashes series this winter after striking a one-year deal with Cricket Australia. England head Down Under looking to end Australia’s grip on the urn, …
August 2025
Domino’s: Higher employment costs and slowing sales dampen profitability
New store openings at Domino’s have been lower than expected as it franchisees struggle with lower profitability in a tough market. Just 11 stores have been opened in the year …
Cut interest rates to four per cent, City AM Shadow MPC says
Top economists have voted 8-1 for interest rates to be slashed by 25 basis points in City AM’s new Shadow Monetary Policy Committee (MPC). Amid high inflation and falling job …
Swissport creates 900 UK jobs as profit almost quadruples
Swissport created 900 UK jobs as its profit almost quadrupled during its latest financial year, it has been revealed. The Cheshire-headquartered UK arm of the aviation services giant has posted …
BP launches buyback despite profit hit from weak oil prices
BP recorded a hit to profit and revenue in the first half of 2025 as weaker oil prices and lower trading performance weighed on takings. The London-listed oil major posted …
Spectris bidding war intensifies as KKR submits fresh offer
The private equity bidding war for precision instrument business Spectris has stepped up a gear after New York-based KKR stepped in with a fresh offer that values the business at …
Diageo: Profit at FTSE 100 giant tumbles despite Guinness growth
Profit at FTSE 100 giant Diageo has fallen far short of expectations as high costs hammer the drinks giant. Net sales fell 0.1 per cent to $20.24bn (£15.24bn), Diageo told …
FCA boss rebukes criticism of motor finance redress
The head of the UK’s financial watchdog has rebuked criticism that the wide scope of the motor finance redress scheme was “impractical”. Nikhil Rathi, chief executive of the Financial Conduct …
London cocktail chain Simmons enters administration amid site closures
London cocktail chain Simmons has entered administration after announcing plans to close at least four sites as it became the latest victim of the immense cost pressure facing hospitality firms. …
Y-Combinator-backed agritech Supplant put up for sale after plunging into administration
An agritech firm backed by the likes of Y-Combinator has been put up for sale after being plunged into administration, City AM can reveal. Cambridge-based Supplant, which had raised more …