The Financial Reporting Council (FRC) has published its Annual Review of Audit Quality, highlighting troubling performance from audit firms BDO and Mazars. Despite an overall trend of improvement among the …
Retirement Planning
Selfridges chief quits in surprise move for struggling retailer
The chief executive of Selfridges has unexpectedly quit, having been in the job since the start of the pandemic. Andrew Keith, who joined in 2020, will leave the company that …
Eurozone grows faster than expected but Germany faces recession threat again
The eurozone grew slightly faster than expected in the second quarter, but Germany slumped back into contraction as Europe’s largest economy faced the threat of recession again. Figures released today …
WPP: Ad giant names former BT boss Jansen as new chair to navigate AI challenges
Advertising giant WPP has appointed the former BT boss Philip Jansen as its new chair after a long search for a steady hand to help it navigate a difficult time. …
London Underground: Severe delays hit Elizabeth Line, Circle, District and Hammersmith
Commuters are facing chaos on the London Underground as four lines suffer severe delays and the Overground is partially shut. A meltdown on the Elizabeth Line has been caused by …
Paragon Bank confirms targets with business running ‘ahead of expectations’
FTSE 250-listed Paragon Bank said new business levels were running “ahead of expectations” as the lender remained on track for its full year targets. Paragon, based in Solihull in the …
Loss for talent: What impact does the London housing crisis have on start-ups in the City?
Britain’s ongoing housing crisis has created a knock-on effect for start-ups, according to new research shared exclusively with City A.M., as small business owners begin to struggle to attract and …
Games Workshop: ‘Exciting times’ says Warhammer maker amid record year results
Warhammer maker Games Workshop has reported its best-ever set of results as customers continue to spend on the fantasy miniatures and related PC games. Reported revenue grew by 11.1 per …
Diageo: Shares nosedive at Guinness maker as Latin America hangover continues
Shares in Diageo plunged nearly 10 per cent on Monday morning after it reported a decline in annual profit on Tuesday as issues in Latin America continued to weigh on …
Foxtons: London estate agent hikes dividend as turnaround plan gathers steam
London estate agent Foxtons has bucked a pallid property market to report healthy rise in revenue and profit, and raise its dividend, in yet another sign of the turnaround being …