The Universal Music Group (UMG) has settled a UK lawsuit with a representative for English rock band King Crimson over royalties for Kanye West’s ‘Power’ song. UMG was hit with …
Financial Planning
Tui: Record revenue boosts travel giant before it takes flight from London
Tui has reported record revenue in its half-year results amid booming demand for travel and not long before it takes flight from London markets for Germany. The travel giant netted …
London-listed Georgian banks’ shares tank after country approves divisive ‘foreign agent’ law
Both Georgia-focused banks listed in London saw their share prices crater on Wednesday after the country’s parliament approved a divisive new “foreign agent” law, derailing what had been a strong …
Investing in the UK is back… to being the third least preferred option
The UK has slowly climbed up the allocation of Bank of America’s monthly global fund manager survey, now sitting as the third least preferred sector to invest in across the …
How London won round Raspberry Pi
When Raspberry Pi chief Eben Upton boarded a plane to the US late last year, he was 70/30 set on floating his feted computer maker in New York. Upton had …
Why ‘ABC’ should stand for ‘Always buy Chardonnay’
The tide is thankfully turning for the most versatile but maligned grape, Chardonnay. Anyone involved in wine cannot help but wince when someone says they are “ABC” (“Anything But Chardonnay”) …
Southern Europe to help eurozone ‘turn a corner’ in 2024 as Germany stagnates
The eurozone economy is expected to “turn a corner” in 2024 as faster growth in southern Europe will help offset continued stagnation in Germany, new forecasts from the European Commission …
More than half of Invesco funds performance flagged as an ‘area of concern’
Over half of Invesco funds have seen their performance flagged as an “area of concern” in the firm’s annual Assessment of Value report, City A.M. can reveal. 22 of Invesco’s …
Spending watchdog says HMRC in ‘declining spiral’ and needs to rethink ‘unprecedented’ job cuts
Taxpayers spent the equivalent of 800 years on hold when trying to phone HMRC’s customer service in 2022-23, according to a scathing report by the UK spending watchdog that found …
Former Dragons’ Den star Theo Paphitis targets first Boux Avenue profits
Former Dragons’ Den star Theo Paphitis is targeting a first ever profit for his lingerie stores chain Boux Avenue despite its losses widening. Paphitis said the company had seen growth …