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City A.M. Content

  • 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 [...]

  • A new favourite has emerged to replace Holly Willoughby on This Morning

    October 25, 2023

    A new favourite has emerged as producers search for a new favourite to replace Holly and Phil on This Morning

  • Wine sellers bottle it as middle-class customers scale back amid cost of living crisis

    October 25, 2023

    Virgin Wines' chief executive officer, Jay Wright, is "confident" in the group's longer-term prospects — despite a 10 per cent drop in share price.

  • Boeing cuts 737 deliveries amid latest defect

    October 25, 2023

    The US planemaker now expects to deliver between 375 and 400 Boeing 737 airplanes this year, down from 400 to 450.

  • Government on the hunt to tackle Britain’s unemployment gloom

    October 25, 2023

    Prime Minister Rishi Sunak’s top business advisor is reportedly on a hunt to tackle Britain’s unemployment crisis as next year’s election looms. According to a Bloomberg report, Franck Petitgas met with recruitment and payroll business Employment Hero last week to discuss in detail how to get Britons back to work. Reforming the labour market could [...]

  • Bitcoin rally takes a breather

    October 25, 2023

    Bitcoin is trading for $33,839, down in price by 0.3% in the last 24 hours, while Ethereum has also slowed and is down by two per cent.

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