Three former bosses at Melrose Industries have raked in the largest share of a £180m bonus scheme shortly after leaving the group following more than two decades of dealmaking. Melrose, …
Personal Finance
‘I’ve changed my mind’: Nigel Farage will stand in the General Election – and lead Reform
Nigel Farage will stand as the Reform UK parliamentary candidate for Clacton, Essex, in the General Election, in an “emergency” announcement. The Brexit leader said the Election campaign needs some “gingering …
E1, Puerto Banus and Saudi Arabia: The PIF mission to lure fans
Why was the marina of Puerto Banus full of electric speed boats backed by the Saudi Arabian Public Investment Fund? Matt Hardy went to find out why the E1 Series …
Book off! There are too many books – here’s a solution
For more content from City A.M. – The Magazine like this story about books, click here Everyone has a book inside them,” Christopher Hitchens once quipped, “which is exactly where …
Has sterling finally recovered from the impact of Brexit?
There was further good news for UK economy-watchers last week as the pound recovered to its strongest level against a basket of global currencies since the Brexit vote back in …
Investec hits rugby club Featherstone Rovers with winding-up petition
The asset finance arm Investec has filed an application to the High Court against rugby league club Featherstone Rovers. According to the High Court claim system, Investec Asset Finance plc …
Investment firm Riverrock faces £2.6m investor lawsuit in London
London-based investment firm Riverrock European Capital Partners has been hit with a €3m (£2.6m) lawsuit by three investors over a failed move to take a stake in the company. The …
Panmure Liberum to cut dozens of jobs after landmark City merger
Newly formed investment bank Panmure Liberum is planning to cut more than two dozen jobs after a merger between two of the City’s leading brokers last year. The cuts are …
Enzo Maresca: Chelsea confirm five-year contract for ‘gifted’ new manager
Chelsea chiefs have hailed Enzo Maresca as “a highly gifted coach and leader” after confirming his appointment as manager on a five-year contract. Maresca replaces Mauricio Pochettino, who walked away …
Marks and Spencer chief’s pay soars to decade high as turnaround pays off
Marks and Spencer’s CEO has received the highest pay package in over a decade, as the high street darling’s turnaround strategy has paid off. Boss Stuart Machin, who took the …