Renewable energy producer SSE PLC has said the bad weather that hampered its wind farms’ power generation last year could delay the completion of the major Dogger Bank A wind farm. …
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Prices in China fall at fastest rate since 2009 as risk of persistent deflation looms
Prices fell at their steepest rate since 2009 in China as the world’s second-largest economy continues to grapple with the threat of deflation. In January, the consumer price index fell …
British American Tobacco slumps to £15.7bn loss as higher impairment charge on US brands wipes out profit
British American Tobacco has today reported a £15.7bn loss for its financial year ended 31 December after it recorded a £27.3bn on the value of its US business. The company …
Gaucho and M owner delivers juicy growth again despite consumer fears
THE restaurant group behind Gaucho and M consolidated a bumper post-pandemic year in 2022 with further double digit profit growth in 2023, City A.M. can reveal. Rare Restaurants saw like-for-like …
Watches of Switzerland: Firm ‘encouraged’ by tourist tax review as UK market underperforms
Luxury retailer Watches of Switzerland is continuing to feel the pinch from rich shoppers scaling back and the damage wrought by the so-called ‘tourist tax’. In an update this morning, …
Jon Rahm and Tyrrell Hatton get Ryder Cup lift ahead of LIV Golf’s debut in Las Vegas
Jon Rahm and Tyrrell Hatton have received a Ryder Cup boost ahead of the second LIV Golf event of the season this weekend in Las Vegas. Rahm and Hatton combined …
Astrazeneca: FTSE 100’s biggest firm dodges COVID cliff drop off with revenue boost
Astrazeneca, the biggest company listed on London Stock Exchange, has continued its impressive coronavirus recovery with a six per cent increase in revenue for 2023. The Anglo-Swedish giant based in …
‘The supply-demand balance in sport needs re-calibrating’
It would be nonsense to ask how much money top golfers need. How much they want, however? That’s easy. More. And more is what’s coming their way, this time from …
Hiring this February? You’ll be more successful if you understand the priorities of today’s talent
Chances are, some of the most talented people in your organisation are looking for a new job right now. You might even be looking for one yourself. After all, February …
Mark Kleinman: His weekly column on Arrival, the CBI and Rishi’s latest wheeze
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking, He writes a weekly column for City A.M. To travel well, it’s said, is …