Evoluto Automobili has unveiled a ‘reimagined’ version of the Ferrari F355 at the Goodwood Festival of Speed. The project aims to propel the iconic, V8-powered Ferrari firmly into the 21st …
Personal Finance
The Body Shop: What next for high street icon as tycoon eyes rescue deal?
The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks …
London City Airport granted five-year ban for Just Stop Oil
London City Airport has been granted a High Court injunction against environmental protest groups such as Just Stop Oil, City A.M. can reveal. Lawyers acting on behalf of the airport …
US inflation comes in below expectations as eyes turn to Fed’s next rate decision
US inflation came in below expectations in a boost for hopes that the US Federal Reserve will start cutting interest rates in September. Figures from the Bureau of Labor Statistics …
Government denies Ed Miliband has banned new North Sea oil licences
The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences. Earlier today, The Telegraph …
Asset manager Redwheel buys £1.1bn sustainable investor Ecofin
Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price. Ecofin, which currently has $1.4bn (£1.1bn) in assets …
Meet the man quietly building London’s next bit of vital infrastructure
Internet access is the new crucial bit of infrastructure in any global city. Vorboss offers fast connectivity to London’s fastest growing and most established companies. We meet the man behind …
Heathrow Airport: Landing charge ruling spells trouble for UK’s biggest hub
London Heathrow Airport flew into turbulence this morning after a regulatory ruling deemed the level it charges for landing fees too high. Following a six week consultation, the UK Civil …
Mountain Equipment hit by export sales cut as profit more than halves
Profit at Mountain Equipment more than halved following a strong few years of growth as the brand saw a sharp decline in exports, according to newly-filed documents. The company, which …
Wealth manager takes legal action against fund house for ‘unacceptable performance’
Financial planning firm Tavistock and investment manager Titan have descended into a legal spat over the alleged poor performance of Titan’s model portfolio service (MPS). AIM-listed Tavistock, which agreed to …