After more than three years, Revolut’s wait for a banking licence is finally over after it received authorisation from the banking watchdog. Revolut said it would now enter the ‘mobilisation‘ …
Personal Finance
The Debate: Should B Corps cut ties with fossil fuel companies?
City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with …
BT revenue dips amid cost-cutting strategy and record fibre expansion
BT has reported total revenue of £5.05bn in its first quarter of trading, a two per cent decline from the same period in 2023. The giant said the drop was …
Mitchells & Butlers: Drink sales help Toby Carvery and All Bar One owner achieve another record period
All Bar One owner Mitchells & Butlers said its continuing to rebuild its margins as it reports yet another period of sales growth. The no frills dining and pub chain, …
Centrica: British Gas gets taste of normality after two years of bumper profits
The owner of British Gas, Centrica, has blamed “normalising” market conditions after two years of bumper results for its heavy slide in profit in the first half of this year. …
ITV profit rises after ‘very successful’ period with Euro 2024 and Love Island
UK broadcaster ITV reported a sharp increase in profit over the half-year as its studio business boomed on the Euros and hit-show Love Island, while last year’s advertising slowdown subsided. …
Vodafone posts solid gains as chief Della Valle drives turnaround strategy
Vodafone has reported solid gains in its first quarter of the financial year of 2025 as chief executive Margherita Della Valle continues her bid to revitalise the telco’s stagnant share …
IG Group profit sags as trading activity falls
IG Group’s revenue sagged three per cent over the last year as the firm struggled to bring in new traders to its core business as market volatility remained subdued. In …
CAB Payments attempts to move on from challenging year despite lack of ‘tailwinds’ from Nigerian Naira
CAB Payments reported a “resilient” performance in the first half of the financial year as it attempts to move on from a difficult year. In a trading update covering the …
Revolut and CMC Markets partnership up and running
The partnership between CMC Markets and Revolut had already kicked off, with reports that some Revolut clients are already live and trading. Last month, CMC Markets announced its first ever …