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City A.M. Content

  • Pizza Express chewing over bid for Wagamama owner – but it’s already under offer

    October 26, 2023

    Pizza Express is contemplating serving up a surprise bid for The Restaurant Group (TRG), but no formal offer has yet been made, it is understood. The British mock-Italian chain has apparently made initial contact with TRG in a step that could lead to a formal bid being made, according to reports late on Wednesday night [...]

  • Ford, Volkswagen and BMW ask Europe for delay to ‘cliff-edge’ post-Brexit tariffs

    October 25, 2023

    Chief executives at a slew of major European carmakers have called for an "urgent" delay to looming post-Brexit tariffs on electric vehicles.

  • No more KFC on Deliveroo as the Colonel chases ‘better commercials’

    October 25, 2023

    Fried chicken favourite KFC is ending its relationship with Deliveroo in a blow to the London-listed delivery outfit's customer offering.

  • Fierce mortgage competition to weigh on banks’ margins, warn brokers

    October 25, 2023

    Mortgage profitability is a key focus for investors as lenders have significantly reduced rates in recent months.

  • Willow Smith posts cryptic Instagram video after Jada Pinkett Smith marriage revelations

    October 25, 2023

    Jada Pinkett Smith and The Smith family have been dominating the news agenda recently for perhaps not being quite the family we thought. Jada Pinkett Smith revealed in her new memoir that her and husband Will Smith have been separated for seven years, even though they have continued to act like a conventional couple in [...]

  • Two more years of misery for London housing market, analysts suggest

    October 25, 2023

    A recent report suggests house prices, including those in London, to decline in the coming months, but the decline will "not likely be sufficient".

  • Shareholders wave through Lithia’s £397m Pendragon takeover

    October 25, 2023

    Pendragon said today that 99 per cent of voting shareholders had backed the £397m sale of its UK motor business to Lithia.

  • Former Natwest boss considering legal action over payoff decision: reports

    October 25, 2023

    Natwest is widely expected to cancel £5.2m of long-term share options that Rose had accrued during her leadership.

  • Aldermore ditches bid for Co-op Bank

    October 25, 2023

    The challenger bank’s bid for Co-op was reportedly derailed by a leadership shake-up at FirstRand, its South African parent company.

  • Mike Ashley’s Frasers raises Boohoo stake to 16.5 per cent

    October 25, 2023

    Frasers, the British sportswear group controlled by Mike Ashley, has raised its stake in online fashion retailer Boohoo to 16.5 per cent, according to a regulatory filing published on Wednesday. The group previously held 15.12 per cent. Frasers, formerly called Sports Direct, said in June its purchase of Boohoo shares was consistent with its strategy [...]

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