A consortium of high net worth individuals, including former Sainsbury’s boss Justin King, have raised £50m to snap up businesses in the high end restaurant sector. Hestia Hospitality has so …
Retirement Planning
London loses another listed company as pharma riser goes private
The AIM market has continued to shrink, with Redx Pharma being the latest company to pull away from the London Stock Exchange’s scale-up public market. In a statement today, the …
Rollercoaster Tycoon rights sale boosts cash at Frontier Developments
Frontier Developments said its cash position had risen to £23.4m at the end of March 2024, up from £19.9m at the end of December 2023, following the sale of rights to …
House prices fall in March as market continues rates-driven seesaw
House prices slipped in March despite rising optimism that interest rates are on their way down. Property remains up on an annual basis – by 1.6 per cent – but …
It’s not all about you! How self-help made us into miserable egotists
From manifestation to Emily Ratajkowski’s divorce ring, our obsession with self-help is materialism dressed up as philosophy, writes Phoebe Arslanagic-Little An American writer called Tyler Austin Harper has coined the …
Here’s one area of the economy doing better than before Brexit
If there’s one thing that the Conservatives and Labour can agree on, it’s that the UK economy needs businesses to invest more. This is hugely important for any economy because …
Car insurance premiums fall in ray of light for British motorists
The cost of car insurance in the UK is slowly starting to fall for the first time in years, new data suggests. The average motor insurance premium stood at £892 …
The best and worst corporate April Fools’ Day gags
From Haggis ice cream to double-decker trollies, City A.M. rounds up the best and worst gags by businesses on April Fools Day. Aldi axes Love ‘Aisleland‘ A statement from Aldi …
UK shop price inflation eases to lowest rate since December 2021
Shop price inflation eased to its lowest level since December 2021, driven by falling food costs and supermarkets remaining competitive about price. Shop price inflation fell to 1.3 per cent …
Tube and train strikes: Everything you need to know as April and May disruption begins this week
A major round of industrial action will disrupt National Rail services and the London Underground over the next month, as train drivers strike in a dispute over pay and conditions. …