British machine and semiconductor manufacturing giant Renishaw continued to struggle in the second half of last year, following a profit warning in the first half. The FTSE 250 listed company …
Investing
Proposed pension and investment reforms drive revenue and profits at wealth manager Mattioli Woods
Mattioli Woods saw its revenue and profits increase during the first half of its financial year. The Leicester-headquartered wealth manager has reported a revenue of £59.1m for the six months …
‘Too early to tell’ the financial hit as BP rig downs tools after pipe goes AWOL
A gigantic oil rig performing sub-sea drilling for UK supermajor BP has malfunctioned in bad weather, reports suggest. Upstream Online has said that the semi-submersible rig known as Ocean GreatWhite, …
UBS reinstates dividend and plans share buyback despite second consecutive quarterly loss
UBS has announced that it will resume share buybacks in the second half of this year and plans to award shareholders up to $1bn (£797m) as it integrates fallen rival …
London’s gay history is woven into the bricks of its LGBTQ bars – and they’re crumbling
The loss of London’s gay bars is a loss to the LGBTQ community’s own history, which is woven into the bricks and mortar, writes Adam Bloodworth London’s full of nice …
An election this year may not free up much private investment
City A.M.’s economics reporter Chris Dorrell looks at the big issues defining the economy. Debates around the future direction of the election and the UK’s economic policy are framed by …
Investors’ greenwashing fears must lead to greater City scrutiny
They say the two things one should never see made are law and sausages. To that, cynics might sometimes add journalism. At the risk of opening up the magic box …
Cazoo founder and state-backed investor drive £76m injection into AI fund
The state-backed investor British Patient Capital and founder of troubled car firm Cazoo have backed a £76m injection into a London-based venture capital firm as it gears up for a …
In Good Company CEO: What I learnt leaving the corporate climb behind
Alexandra Birtles was just shy of 33 when she realised climbing the corporate ladder was no longer enough to keep her happy, even if it meant giving up a healthy …
Closing time: UK brewers calling last orders with the North and Wales hit hardest
The number of brewery closures during 2023 continued to fall – with the North and Wales hit the hardest, according to new figures. Newly-released figures by the SIBA UK Brewery …