‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Energy UK calls on Government to offer loans to businesses facing ultra-high bills August 18, 2022 Energy UK has called for the Government to work with industry and financial institutions, and bring in a deficit tariff scheme.
Adyen shares plunge as costs squeeze profit margins August 18, 2022 Shares in Dutch payments giant Adyen plunged this morning after it reported its profit margins were squeezed by a jump in travel and event costs in the first half of the year, at it notched a 37 per cent surge in revenue.
Going old school: why new media’s rise is far from inevitable August 18, 2022 Ian Whittaker is twice winner of the City A.M. Analyst of the Year, a long-standing Square Mile media analyst and founder of advisory firm Liberty Sky Advisors The last 12 months has been a brutal one for many of the most high-profile names in the Media space. According to a recent FT piece, nearly $400bn [...]
How the digital HQ is empowering businesses to do good in the world August 18, 2022 | Sponsored Today, businesses are about much more than making money. Great workplaces now have not just profit as a priority, but people and the planet. They are more conscious of their potential as makers of positive change in the world. This trend can be seen all around us. It’s evident in the rise of the B-Corp [...]
Marex hails record year as market volatility boosts profits to £49m August 18, 2022 London-based broking and trading firm Marex hailed a record set of results today as wild swings in commodity markets helped boost profits by 70 per cent.
AO World swings to £37m loss as costs skyrocket August 18, 2022 Online electrical retailer AO World revealed it had swung to a £37m loss in the year to March as costs skyrocketed and pandemic-induced boom in sales dropped off.
Helios Towers revenue swells as it sets aside $650m for acquisitions spree August 18, 2022 Telecoms infrastructure company Helios has had its revenue swell by a quarter to over $265m, following a M&A spree in Africa. The London-listed firm, which focuses on the Middle East and Africa for its telecoms infrastructure, has also seen its phone tower sites jump by more than 2,000 over the past year to some 10,700 [...]
Exclusive: Britain needs to keep building says Marshalls boss August 18, 2022 The Government must continue its plans to boost domestic infrastructure, argued the boss of building giant Marshalls.
Made.com confirms emergency measures to bolster balance sheet August 18, 2022 Furniture firm Made.com confirmed it is mulling a capital raise to shore up its balance sheet today as it grapples with a plummeting share price and soaring costs.
City Moves: Who’s switching jobs in the Square Mile? August 18, 2022 A roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Allen & Overy Law firm Allen and Overy has announced a new partner to lead its India Corporate practice. Harsh Pais joins A&O after an 11-year stint as a partner at Indian firm Trilegal, where he co-headed the [...]