A Moscow-born billionaire and former F1 boss Bernie Ecclestone topped this year’s Times tax list, but not for the same reasons. Alex Gerko, the founder of algorithmic trading firm XTX …
Estate Planning
Superdry: Losses widen, CFO quits and boss admits a ‘difficult’ period
Embattled retailer Superdry posted further losses in its half year update, blaming a challenging retail market and underperformance of its wholesale segment. In an update on its performance in the …
WWE’s Vincent McMahon hit with sex trafficking lawsuit in US
WWE’s billionaire founder and executive chairman Vincent McMahon was hit with a lawsuit in the US accusing him of sex trafficking. A former employee at World Wrestling Entertainment (WWE), Janel …
Ollie Phillips: Farrell move tough for Premiership but he’s made the right call
I can do nothing but commend Owen Farrell’s move from Saracens to Racing 92. He owes nobody anything and can really start to relax into the twilight of his career. …
Paragon Bank meets expectations and reports ‘strong credit resilience’
Paragon Bank met expectations for its first trading update of the year, with the firm reporting “strong credit resilience” and arrears below the industry average. In the final quarter of …
Wickes bosses shrug off falling ‘don’t do it yourself’ sales
Bosses at Wickes hailed a “robust” year for home improvement retailer Wickes despite slippage in its ‘do it for me’ offering through the last six months of the year. Total …
Buy Natwest shares – not just crypto, City minister tells young investors
Younger retail investors should back the British stock market and buy shares in Natwest rather than just pumping cash into cryptocurrency, the City minister has told City A.M.’s new Bonds …
WH Smith continues to ride planes and trains to growth with captive audience strategy
WH Smith said it was “confident” of another year of significant growth, as it continues to benefit from a resilient demand for travel. In an update this morning, the popular …
Baroness Michelle Mone assets worth £75m frozen by a court order
Baroness Michelle Mone and her husband’s assets totally around £75m have been frozen, as they face a National Crime Agency investigation into alleged PPE fraud. According to the Financial Times, …
City A.M. unpicks Westminster’s Square Mile charm offensive in new series Bonds & Ballots
Can the Tories win back the trust of the City after two years of turmoil? Will Labour’s new prawn cocktail offensive sway the hearts and minds of the Square Mile? …