The UK anti-fraud agency has revealed it charged two former Petrofac senior executives with bribery over influencing contracts awards. The Serious Fraud Office (SFO) has charged Marwan Chedid and George …
Retirement Planning
Former Goldman Sachs analyst given 22-month prison term for insider trading
A former Goldman Sachs analyst who was found guilty of six counts of insider trading and three counts of fraud has been sentenced to 22 months in prison. Mohammed Zina, 35, …
Abu-Dhabi backed RedBird IMI makes £1bn swoop on another London media company, All3Media
RedBird IMI, the investment fund helmed by US media titan Jeff Zucker, is set to snap up London-based TV and film production powerhouse All3Media just months after pouncing on the …
Telco battle hots up as Virgin Media O2 launches challenger to BT Openreach with new broadband unit
Virgin Media O2 has announced plans to establish a new fixed network company alongside its major shareholders Liberty Global and Telefonica as it looks to take on rival telco BT. …
Brits to get ‘much-needed respite’ with energy price cap to drop by 15 per cent
Brits are set to get some “much-needed respite” with their energy bills after a leading energy market analyst predicted a 15 per cent drop in Ofgem’s price cap on bills. …
Inflation still the number one concern for London Businesses, LCCI finds, but confidence improves
Inflation is still the number one concern for London firms found the London Chamber of Commerce andIndustry (LCCI). In its CAPITAL 500 London Quarterly Economic Survey, published on January 24 …
Letters to the editor: Tourist tax proves puzzling, cross words for our crossword
Each week we at City A.M. Towers receive some enlightening and occasionally constructively critical letters. Here are our favourites from this week. London proves it’s still got it [RE: London …
Five London Fashion Week events normal people can attend
Sure, so the big shows are some of the most exclusive tickets of the year – but there are plenty of London Fashion Week events you can attend even if …
Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes
Monthly corporate insolvencies rose year-on-year as companies continued feeling the pressure from the Bank of England’s interest rate hikes, new figures show. According to figures from the Insolvency Service, there …
The Long Way To A Small Angry Planet illustrator interview
To celebrate the 10 year anniversary of modern science fiction classic The Long Way To A Small Angry Planet, The Folio Society has released a hardback, illustrated edition limited to …