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      Stansted Airport owner hit with cyber attack as millions of customers’ data stolen

      London Stansted Airport is part of the wider Manchester Airports Group (MAG).

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      Saudi Arabia backs Gianni Infantino ‘at this time’ in major boost to Fifa president

      Mohammed bin Salman, Gianni Infantino, and Vladimir Putin applauding at an event.

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      Golf, events and bags of nostalgia at Newport’s Celtic Manor

      The Celtic Manor Resort in Newport, with a golf course bunker and green foreground under a clear sky.

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City A.M. Content

  • Talk to Me is the creepy horror film you need to see now

    July 27, 2023

    Australia has produced some impressive horror movies in recent years, most notably the iconic Babadook, which tapped into our deepest fears through deceptively simple techniques. Hoping to repeat that success is Talk To Me, the first feature from short film makers and popular Youtubers Danny and Michael Philippou (collectively known as RackaRacka). Like so many [...]

  • Bitcoin offers muted response to interest rate hike

    July 27, 2023

    Bitcoin was trading close to $29.5k - up by around one per cent on yesterday, while Ethereum’s Ether is in the green by 1.1%. 

  • Beverly Hills, 9021: Oh! Checking into the Beverly Hills Hotel for its centenary year

    July 27, 2023

    The Beverly Hills Hotel, aka The Pink Palace is still the place to be seen in Hollywood, says Siobhan Grogan. From celeb-spotting to relaxing, this is still a rare paradise at 100 years old Within a few short hours of arriving in Los Angeles, I’m sitting metres away from two of the most famous women [...]

  • Drax locked in talks with UK government over £2bn carbon capture project

    July 27, 2023

    Drax has confirmed talks are still ongoing with the government over its multibillion pound plans to develop its BECCS facilities.

  • Foxtons profit jumps despite ‘challenging’ sales market

    July 27, 2023

    Foxtons reported a jump in profit for the first half of the year, but warned that the wider sales market “continues to remain challenging”. The estate agency posted £6.1m in pre-tax profit, up from £4.3m year on year.  Foxtons said that overall revenue for the period was up nine per cent to £70.9m as “strong [...]

  • Hammerson: Paris and Croydon disposals leave £1.2m dent but revenues rise

    July 27, 2023

    Hammerson reported a loss of £1.2m after the disposal of its stakes in  Croydon and Paris shopping centre developments, while its revenue rose eight per cent. The property developer’s loss in its half-year results this morning was made against a £50.3m profit compared to last year.  This comes after the shopping centre giant sold its [...]

  • Mobico shares tumble despite revenue jump as inflation and wage costs bite

    July 27, 2023

    Mobico Group, formerly known as National Express, saw its revenue rise 18.5 per cent to £1.57bn in the first half of the year, as it benefited from rising passenger demand across the majority of its international networks. However, this was not enough to offset rising wage costs associated with inflation and the removal of a [...]

  • ITV earnings plunge over 50 per cent amid ‘challenging’ ad market

    July 27, 2023

    British broadcaster ITV reported a steep drop earnings today as it grapples with the downturn in the advertising market. The streaming giant said their group adjusted EBITA plummeted to 52 per cent to £152m in the six months ending June 30, down from £318m in the first half of 2022. ITV said this reflected “the challenging advertising [...]

  • Frasers: The boy done good! Ashley son-in-law guides firm to £5bn revenue

    July 27, 2023

    Frasers Group  revenues surged 15.8 per cent in the last financial year, totalling £5.56bn, as the retail powerhouse shows signs of performing well under the reign of new chief Michael Murray.  Murray, who is the son in law of founder and business tycoon Mike Ashley, took over the business in 2022 after Ashley announced plans [...]

  • BT: Departing Jansen’s investment in fibre and Openreach pays off with revenue jump

    July 27, 2023

    Telecoms giant BT has today reported a notch up in revenue after continued successful roll out of their Openreach full fibre broadband. The British mobile network operator’s revenue grew to nearly £5.2m in the first quarter this year, up four per cent from the same period in 2022. This was mainly driven by revenue from [...]

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