Shares in JD Sports slumped more than four per cent on Monday morning after analysts at stockbroker Deutsche Numis questioned the retailer’s ability to generate cash. Analysts downgraded the stock …
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Boris Johnson sized up for Telegraph editor role amid bidding war
Former Prime Minister Boris Johnson is reportedly being considered for the role of global editor-in-chief at The Daily Telegraph. The approach has been made by Johnson’s former chancellor, Nadhim Zahawi, …
Bremont slumps further into the red despite Bill Ackman investment in luxury watch brand
British luxury watch brand Bremont slumped to a loss of more than £14m in the year American billionaire hedge fund manager Bill Ackman became a minority investor, it has been …
Whittard of Chelsea: UK popularity grows but international sales falter
Whittard of Chelsea’s UK sales increased during its latest financial year but its international performance suffered in 2023, it has been revealed. The Oxfordshire-headquartered company has posted a turnover of …
Inmotion Ventures: Jaguar Land Rover’s investment arm slips to loss after busy year
Inmotion Ventures, the investment arm of Jaguar Land Rover (JLR), made a loss during its latest financial year after backing six new companies. The Coventry-headquartered business has posted a pre-tax …
Burger King UK’s revenue spikes after restaurants revamped and new sites opened
Burger King has reported a rise in sales and revenue in 2023 after a boost from new restaurant openings. Revenue spiked by a huge 30 per cent, although like-for-like sales …
Aquis Exchange boss says UK poised for ‘tidal wave’ of foreign investment under Labour
The chief executive of challenger stock exchange Aquis has said the UK is in store for a “tidal wave of international investment” following Labour’s election victory. Alasdair Haynes, who founded …
S&U: Motor finance lender urges Labour to change ‘restrictive’ regulation after profit warning
Specialist lender S&U has urged the new Labour government to change the UK’s “restrictive and constantly changing” regulatory regime after warning that actions by the City watchdog would have a …
Samarkand: E-commerce firm shifts focus to UK amid China struggles
E-commerce group Samarkand, which focuses on connecting Western brands with Chinese customers, has struggled to weather Beijing’s slowdown and said it will change its primary focus to the UK. Revenue …
Meet the Fund Managers: Pantheon International co-lead manager talks mistakes and defends private equity
Meet the Fund Managers is a weekly series, both in video and print, where City A.M. investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. In …