Close Brothers will not pay any dividends on its ordinary shares for the current financial year as it prepares for potential financial impact as a result of a review by …
Investing
BHP to book £5.3bn charge on Samarco dam disaster and nickel mine impairment
Mining giant BHP has said today it will take a non-cash impairment charge of approximately $3.5bn (£2.8bn) against the carrying value of its Western Australia Nickel arm. It will also …
GSK snaps up potential asthma treatment gamechanger in £800m deal
GSK has completed the acquisition of Aiolos Bio, a company working on treatments for respiratory and inflammatory conditions, the pharmaceutical giant announced today. The London and New York listed company …
Recruiter Gattaca sees income slide, cuts jobs amid cooling jobs market
Recruiter Gattaca has reported its income from permanent jobs in the first half of 2024 is expected to slide by 38 per cent compared to last year, due to a …
AO saves more than 70 jobs at mobile phone retailer which entered administration
AO has saved more than 70 jobs after acquiring certain assets from a mobile phone retailer in administration. The Bolton-headquartered business has snapped up the assets, principally the intellectual property …
Who are all the London MPs standing down at the next election?
While the next general election may still be 10 long months away, MPs are nonetheless quitting in their droves. With the Conservative government staring down Labour’s 20-point poll lead, it’s …
If football is pricing you out, try a new sport. You’ll love what’s out there
City A.M. columnist Ed Warner issues a rallying call to those who cannot afford to go to the football. There are incredible sporting experiences out there for just a few …
Meet the man trying to rebuild Purplebricks from the ground up
Each week Charlie Conchie interviews the figures across the world of finance and tech. This week he sits down with Sam Mitchell, who took over collapsed digital estate agency Purplebricks …
Recession confirmed for UK after GDP falls in December
The UK slipped into a recession at the end of last year after a poor performance from the dominant service sector pushed the economy into contraction, new figures show. According …
Limiting litigation funding will prove we learned nothing from the Post Office scandal
Litigation funding was crucial in helping bring justice to Post Office victims, but that system is under threat, writes Nadhim Zahawi The widely-watched Mr Bates vs The Post Office drama …