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  • 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.

  • Soon-to-sell sofa chain ScS finds little comfort in cost of living Britain

    October 25, 2023

    Sofa chain ScS has swung to a loss according to its preliminary results, with the soon-to-be acquired sofa chain blaming a challenging economic climate for the dip. 

  • Seat and Cupra chief: There’s a ‘perfect storm’ ahead for European carmakers

    October 25, 2023

    City A.M. sits down with Seat chief Wayne Griffiths to discuss the European car industry and Cupra's roaring success.

  • UK digital ad spend continues to see ‘extremely strong growth’, despite economic uncertainty

    October 25, 2023

    A total of five per cent year-on-year growth was reported in the UK's digital advertising market — despite ongoing economic uncertainty.

  • Brits lose ‘staggering’ £580m to fraud in six months as banks urge Big Tech to do more

    October 25, 2023

    After Fraudsters took £580m from Britons in 2023, the banking trade association UK Finance called the issue a "national security threat".

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