Typhoo Tea made a loss of almost £40m during its latest financial year after trespassers caused “extensive damage” to its Merseyside factory. The company, which recently relocated its registered office …
Personal Finance
Cammell Laird: ‘Boaty McBoatface’ maker hails historic year
Cammell Laird, the company that built the ship that was almost known as ‘Boaty McBoatface’, has hailed its latest financial year as one of its most successful since being founded …
Compulsory liquidations hit highest level in almost six years
The number of insolvencies remained stubbornly high in July with the number of compulsory liquidations rising to its highest level since before the pandemic, official figures showed. New statistics from …
The Stein Group to open new restaurant in central London after return to profit
The Stein Group, founded and co-owned by Rick Stein, has announced plans to expand to central London after making its way back into profit last year. Stein’s has reportedly begun …
Watch: Rocket engine explodes at a UK spaceport in the Shetland Islands
A rocket engine has exploded on the launchpad of a new UK spaceport in the Shetland Islands, its German operator’s have confirmed. Spacecraft firm Rocket Factory Augsburg (RFA) said no-one …
CK Infrastructure jumps on London Stock Exchange debut as rules shake-up pays off
CK Infrastructure Holdings (CKI) bounced on its London debut yesterday as the Hong Kong investor became the first company to list its shares on the London Stock Exchange following a …
Samsung UK: TVs boost profit despite smartphones losing ground
The rise in popularly in premium TVs helped Samsung’s UK profit surge during its latest financial year despite the electronics giant losing ground in the smartphones market. The UK arm …
Welcome to the new Premier League season, same as the old Premier League season
It’s unwise to jump to conclusions from the first round of a new Premier League season, which is probably just as well because the action served up mostly failed to …
Software firm Tribal reports lower profit following legal settlement
Educational software provider Tribal Group reported lower post-tax profit and earnings per share in its interim results, sending shares down 5.3 per cent at market open on Tuesday. The Bristol-based …
Why is Wizz Air training pilots using virtual reality? We went to Budapest to find out
Join City A.M. in Budapest, Hungary, as we visit Wizz Air’s pilot training centre. The budget carrier is using Airbus-developed virtual reality to train new pilots. The technology creates a …