‘I was told to hide my age so clients would trust me’: Motorway CFO Liz Kistruck August 14, 2025 We dig into the memory bank of the City's great and good. Today, it's Liz Kistruck, Motorway CFO and former Expedia exec.
Are nicotine pouches the future of Big Tobacco? August 14, 2025 Nicotine pouches are all the rage at the moment. Sometimes erroneously described as ‘snus’ – this only refers to tobacco-based products – the pouches are mainstay of Square Mile pubs, start-up offices and even Premier League football pitches. But are they a passing fad, or the new cornerstone of ‘Big Tobacco’? And, for an industry [...]
Football stakes in UK down since Euros as Premier League returns August 14, 2025 William Hill parent company Evoke says it has seen lower football staking volumes in the United Kingdom and Ireland since Euro 2024. The company earlier today released their H1 interim results, which show a £588.4m revenue in the UK and Ireland for the first half of the year – a 1.4 per cent decrease compared to [...]
Corinthia London: Profit slashed at five-star hotel despite revenue spike August 14, 2025 Profit has been slashed at five-star hotel Corinthia London despite its revenue spiking by 80 per cent, it has been revealed. The hotel, which is located on the corner of Northumberland Avenue and Whitehall Place, has posted a pre-tax profit of £67,600 for 2024, new accounts filed with Companies House show. The figure is down [...]
Billionaire Issa brothers shrink empire ahead of blockbuster IPO August 14, 2025 The forecourts empire founded by the billionaire Issa brothers has sealed a second deal this week to sell off part of its international business as it works up to a possible blockbuster float in New York. Blackburn-headquartered EG Group has agreed to dispose of its operations in Australia to Ampol in a deal which values [...]
Business investment falls as alarm bells rung on low productivity August 14, 2025 Business investment fell by four per cent in the second quarter of the year despite moderate growth of 0.3 per cent, official data has shown, as top economists are ringing alarm bells on low productivity levels across the UK economy. The Office for National Statistics (ONS) said there was a dramatic fall in investment compared [...]
Savills hit by slowdown in sales despite uptick in profits August 14, 2025 Real estate giant Savills recorded a slowdown in sales in the first half of the year as investors digested the implications of tariffs, but recorded strong results. The real estate giant delivered a 6 per cent increase in revenue to £1.1bn in the six months to end June. Underlying profit rose by 10 per cent [...]
FatFace slims down workforce as brand returns to profit August 14, 2025 FatFace shed almost 300 jobs as it returned to profit in its first full year after being acquired by FTSE 100 giant Next. The retailer was snapped up by the Leicester-based group for £115.2m in October 2023 in a deal which saw it fall to an initially reported pre-tax loss of £3.2m in the 35 weeks [...]
Gatwick profit jumps after boost to passenger numbers August 14, 2025 Gatwick airport has reported a double-digit rise in profit in the first half of 2025, driven by a boost to passenger and aircraft traffic volume. Total revenue reached £491.4m in the first half of the year, up 0.7 per cent from 2024. Adjusted revenue – accounting for two “large one-off elements” which occurred last year [...]
David Beckham-backed Guild Esports put up for sale on insolvency marketplace August 14, 2025 An esports company backed by David Beckham has been put up for sale on an insolvency marketplace, City AM can reveal. Guild Esports, which owns a multi-story gaming venue in Shoreditch, is seeking offers from prospective buyers with a bid deadline of Friday. Founded in 2018, the company employed esports teams which competed in popular [...]