A breakdown in activity across the manufacturing sector has deepened as new data has shown export work coming to a halt and investment falling flat. S&P Global’s purchasing managers’ index …
KFC sheds jobs as UK profit jumps to almost £100m
KFC has shed jobs in the UK and its profit surged to almost £100m during its latest financial year, it has been revealed. The fast food giant has posted a …
Omaze house price draws fuel first UK profit
Omaze, which runs house prize draws across the UK, has made its first profit since launching in this country. The division of the US-headquartered business has posted a pre-tax profit …
David Beckham shares huge pay day amid record year
David Beckham has shared a huge pay day after profit at his business empire jumped by almost a quarter in 2024, it has been revealed. DRJB Holdings Limited, which includes …
Selfridges: Losses slashed despite revenue hit
Losses at luxury department store chain Selfridges have been slashed during its latest financial year despite its revenue taking a hit. The business, which has UK stores in London, Birmingham …
The Dalmore unveils rare red wine cask edition
The Dalmore has launched the third instalment in its ultra-premium Cask Curation Series, finished in red wine casks sourced from Château Mont-Redon in France’s Châteauneuf-du-Pape region. The Highland distillery used …
Surrey close £60m Oval Invincibles deal with Reliance after eight months
Surrey have finally exchanged contracts with Reliance Industries over the shareholders’ agreement governing their new partnership in the Oval-based Hundred team after almost eight months of negotiations. The Mumbai Indians …
Global uncertainty: Political and digital risks reshape corporate priorities
A surge in political risk and tensions has resulted in geopolitical volatility entering Aon’s top ten global business concerns for the first time. Aon’s ‘Global Risk Management Survey’, based on …
JP Morgan scraps Nutmeg in launch of new personal investing brand
JP Morgan is to scrap its Nutmeg brand and roll its services into a new consumer wealth management business as it intensifies its battle with market leader Hargreaves Lansdown. The …
FTSE 100 Live: London sinks to 23rd in global IPO rankings
Good morning from the liveblog team at City AM. Some acronyms are so entrenched in common parlance that they need not be explained: NHS, GDP, MOT. Up until now, we …