Rolls-Royce profits more than doubled last year alongside record free cash flow, as engineering giant’s new chief executive led a remarkable turnaround. Underlying operating profit jumped to £1.6bn from £652m, …
Personal Finance
Why Hays’ first half results should have us worried about the job market
The chief executive of global recruitment firm Hays has said he is “not satisfied” with the company’s performance as demand for permanent jobs slipped again amid an increasingly difficult economic …
London Stock Exchange is proving a boon, says newly floated funds group Amicorp
Funds specialist Amicorp said it is feeling the lift of its new London listing today in a rosy reading of the London Stock Exchange after a gloomy year for the …
Advertising giant WPP looks to AI to improve performance as growth grinds to a halt
Advertising giant WPP has today reiterated its plans to invest £250m in proprietary technology to enhance its AI and data position as it looks to cut costs and improve productivity. …
Jupiter: Fund manager profits surge in better-than-expected results
London asset manager Jupiter surprised markets by exceeding expectations in its annual results, as profits surged to £105.2m, 15 per cent ahead of analyst forecasts. The firm’s results for 2023, …
Morgan Sindall: Construction giant enjoys ‘record’ year, hopes for lower rates to boost industry
Construction and regeneration giant Morgan Sindall enjoyed “another record year” with a 14 per cent boost in its revenue, as it looks ahead to lower rates The company reported £4.1bn …
Eugene Amo-Dadzie: ‘Why can’t the world’s fastest accountant be the fastest man ever?’
Self-styled ‘World’s Fastest Accountant’ Eugene Amo-Dadzie on juggling his day job with his bid for sprint glory at the Paris 2024 Olympics. Not too many of the world’s top sprinters …
Ed Warner: On bad actors and their pernicious influence on so many sports
Last week’s celebration of first class sport for £20 or less elicited a slew of suggestions of other events away from the Premier League circus. You’ve already missed the chance …
Bill Browder: How the UK should punish Putin for Navalny’s death
The UK government must confiscate Russian central bank assets and do “everything in its power” to force the release of imprisoned British-Russian campaigner Vladimir Kara-Murza following the death of Alexei …
Worst corporate jargon awards: ESG
Offender: ESG Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a …