Profit has almost tripled at the UK arm of the luxury goods giant behind the likes of Cartier, Net-a-Porter and Montblanc, new results have revealed. Richemont UK has posted a …
Retirement Planning
KKR and Premialab Announce A $220m Strategic Investment To Power Next Phase Of Global Growth
Premialab, a global provider of data, analytics and risk management solutions for quantitative investing, today announces a significant $220m growth investment from funds and accounts managed by KKR, a leading …
Global recruiter SThree hit by ailing UK jobs market
Global recruiter SThree has felt the pinch of the deteriorating UK jobs market with the region becoming the group’s worst performing large market. The consultancy – which specialises in connecting …
FTSE 100 Live: Unemployment rate rises as Labour taxes bite
Good morning and welcome back to the City AM liveblog. We received another gloomy snapshot of the economy ahead of the ever-important Bank of England rate decision on Thursday. New …
Labour dealt blow as unemployment rate jumps above 5 per cent
The UK unemployment rate jumped above the 5 per cent mark as the Office for National Statistics (ONS) published damning figures that will likely send chills throughout the Labour government …
Mickey Mouse puts copyright woes to bed with Disney-OpenAI deal
Disney’s $1bn investment in OpenAI, coupled with a three year licensing deal for over 200 Disney, Marvel, Pixar, and Star Wars characters on Sora, constitutes a seismic shift in how …
British pessimism is stalling growth
British leaders are now the least optimistic cohort internationally, and it’s having a real-world impact on growth, writes David Stevens Britain has long prided itself on being one of the …
Private landowner sends Lime an £8k bill as e-bike row escalates
A London property firm has invoiced Lime nearly £8,000 for removing, storing and returning dockless e-bikes left on its private land, City AM understands, amid struggles to contain the capital’s …
Why leaking can make for good government
Mic-drop moments does not a good government make. Alastair McCapra makes the case for political leaking In November 1989, cameras were finally allowed into the House of Commons. Just a …
The City is thirsty for more detail from Reform
Appearing before MPs yesterday, Keir Starmer bemoaned the “consultations, regulations [and] arms-length bodies” that create “a thicket of reasons why you can’t do something.” He was responding to a question …