British luxury watch brand Bremont slumped to a loss of more than £14m in the year American billionaire hedge fund manager Bill Ackman became a minority investor, it has been …
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Whittard of Chelsea: UK popularity grows but international sales falter
Whittard of Chelsea’s UK sales increased during its latest financial year but its international performance suffered in 2023, it has been revealed. The Oxfordshire-headquartered company has posted a turnover of …
Inmotion Ventures: Jaguar Land Rover’s investment arm slips to loss after busy year
Inmotion Ventures, the investment arm of Jaguar Land Rover (JLR), made a loss during its latest financial year after backing six new companies. The Coventry-headquartered business has posted a pre-tax …
Burger King UK’s revenue spikes after restaurants revamped and new sites opened
Burger King has reported a rise in sales and revenue in 2023 after a boost from new restaurant openings. Revenue spiked by a huge 30 per cent, although like-for-like sales …
Aquis Exchange boss says UK poised for ‘tidal wave’ of foreign investment under Labour
The chief executive of challenger stock exchange Aquis has said the UK is in store for a “tidal wave of international investment” following Labour’s election victory. Alasdair Haynes, who founded …
S&U: Motor finance lender urges Labour to change ‘restrictive’ regulation after profit warning
Specialist lender S&U has urged the new Labour government to change the UK’s “restrictive and constantly changing” regulatory regime after warning that actions by the City watchdog would have a …
Samarkand: E-commerce firm shifts focus to UK amid China struggles
E-commerce group Samarkand, which focuses on connecting Western brands with Chinese customers, has struggled to weather Beijing’s slowdown and said it will change its primary focus to the UK. Revenue …
Meet the Fund Managers: Pantheon International co-lead manager talks mistakes and defends private equity
Meet the Fund Managers is a weekly series, both in video and print, where City A.M. investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. In …
London Stansted records busiest ever July as security now takes under 15 minutes
London Stansted Airport has recorded its busiest ever July as travel demand booms in the peak summer months. Some 2.9m passengers passed through the hub’s terminal over the period, an …
FTSE 100: London stocks erase losses from last week’s selloff
UK stocks have reversed their losses from last week’s massive global selloff, with just eight of the FTSE 100’s components falling in early trading on Monday. The blue-chip index climbed …