Asset finance software company Alfa Financial Software has said it expects full-year revenue to be £1m ahead of previous expectations, as the shift to a subscription model has started to pay off. In …
Estate Planning
Enquest ‘disappointed’ with windfall tax plans as revenue dips
North Sea energy firm Enquest has said it was “disappointed” with the ongoing application of the Energy Profit Energy as it reported falls in production and revenue. Enquest, which is …
Currys: AI push drives laptop sales surge as retailer nabs nearly 50 per cent of UK market
Tech retailer Currys has reported a strong start to the year, crediting its “early adoption” of AI products for taking almost half of the UK’s laptop market. The London-listed company, …
Vistry ‘significantly outperforms’ housing market
British housebuilder Vistry has reported a rise in revenue and said it is on track to build close to 20,000 homes this year, bucking the trend in a struggling industry. Revenue …
Ed Warner: My trip to the Paralympics taught me that sport is bad for your health
Our sport business columnist on the danger of watching the Paralympics, dynamic pricing, election season in Olympic land, and Scotland’s Commonwealth Games dilemma. Watching sport is bad for your health. …
RM Funds poaches Brooks Macdonald fund mandate
RM Funds, best known for its shareholding in embattled investment trust Home REIT, has won the mandate for the £146.6m Brooks Macdonald Defensive Capital fund. The Defensive Capital fund, which …
Lloyd’s of London reports ‘superb’ first half as premium growth offsets losses
Lloyd’s of London, the storied insurance market and one of the world’s largest providers of reinsurance, has reported a jump in profit for the first half of 2024. Lloyd’s reported …
Worst Corporate Jargon of the Week Awards: Scrum
Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and …
Building on the green belt won’t fix the housing crisis
Labour’s plans to relax protection for the green belt will incentivise developers to build expensive houses for commuters while leaving city centre brownfield sites to rot, says Sam Fowles Labour …
Playing nice with trade unions won’t fix public services
With trade unions promising further strike action despite generous pay settlements, Labour have found themselves in a bind of their own making, say Matthew Lesh Throughout the election campaign, Keir …