Investing

Earnings at private equity-owned Morrisons have laid largely flat for the year, according to an update by the supermarket.  Revenues excluding fuel topped however £14.9bn in the 2022/23 financial year …

Former Chancellor George Osborne has joined Coinbase’s global advisory council, the firm announced today, as the multibillion-dollar cryptocurrency exchange considers relocating to the UK as part of plans for international …

IKEA’s UK profits more than doubled during its latest financial year as it sets it sights on opening new stores. The retail giant has posted sales of £2.46bn for the …

Forget Dishoom, Veeraswamy is the inspiration for the UK’s beleaguered curry houses, says Adam Bloodworth Anjan Saha, general manager at Veeraswamy, does not mess around. “Which starters shall I order?” …

Russian banks posted record profits in 2023 in news that surprised even the country’s own central bank, showing how the state is weathering Western sanctions over the war in Ukraine. …

Microsoft recorded another strong quarter in the three months to December but investors were concerned about the rising costs of investment in AI. In the three months to December, Microsoft’s …

The Prime Minister fasts for 36 hours each week – is that a good thing? Our columnists battle it out before City A.M. delivers the verdict. Benedict Spence is a …

A collaboration between 127 experts, including the former UK COO of Aviva, has resulted in the creation of a code of conduct for the insurance industry for using AI. This …

Oak Furnitureland slumped to a loss of almost £32m during its latest financial year, newly-filed documents have revealed. The Swindon-headquartered company has posted a pre-tax loss of £31.9m for the …

The former City minister claimed Labour’s plans for the City are like “dog food lasagne” today as the government looked to fight off a major Rachel Reeves charm offensive on …