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City A.M. Content

  • Yodel’s future close to being decided amid administration reports

    February 8, 2024

    The future of Yodel could be close to being decided amid reports that it is lining up administrators as a "number of parties" circle.

  • EU could spark row with UK over strike laws which breach Brexit deal

    February 8, 2024

    EU bureaucrats reportedly could launch a formal dispute with the UK after the government’s strike laws came into force, which they argue breach the Brexit deal on workers’ rights.

  • NHS pharmacy chain owed £40m before it was bought out of administration

    February 8, 2024

    An estimated £40m was owed by NHS pharmacy chain Medipharmacy before it collapsed into administration and was rescued, it has been revealed.

  • Competition watchdogs kicks off inquiry into Aviva acquisition of AIG Life

    February 8, 2024

    The Competition and Market Authority (CMA) has launched a merger inquiry into the acquisition of AIG Life by Aviva. It was announced last September that Aviva was acquiring the US giant protection business from its subsidiary Corebridge Financial for a quoted price of £460m. The business Aviva is buying provides has 1.3m individual protection customers [...]

  • Profits rise at DFS-owned Sofology as it opens new stores

    February 8, 2024

    Profits at Sofology increased during its latest financial year as it opened more stores across the UK.

  • Maersk shares plummet amid ‘high uncertainty’ of Red Sea shipping disruption

    February 8, 2024

    Maersk shares plummetted over 14 per cent this morning after the container shipping giant flagged "high uncertainty" in the Red Sea.

  • Aardman: New Wallace and Gromit film helps create almost 100 UK jobs at animation studio

    February 8, 2024

    The up-coming Wallace and Gromit film helped create almost 100 jobs at stop-motion animation studio Aardman.

  • Hiring this February? You’ll be more successful if you understand the priorities of today’s talent

    February 8, 2024

    Chances are, some of the most talented people in your organisation are looking for a new job right now. You might even be looking for one yourself. After all, February is renowned for being a busy month for recruiting staff as managers take advantage of new hiring budgets granted at the start of the year. [...]

  • FCA urges Big Tech to crack down on fraud amid rise in unauthorised firms

    February 8, 2024

    The Financial Conduct Authority (FCA) has launched a fresh call for social media firms to do more to prevent mass fraud on their platforms, City A.M. can reveal.

  • Moving markets: Five things shaping the FTSE 100 today

    February 8, 2024

    Asian shares track Wall Street's surge; China's inflation records the deepest drop since 2009. Oil prices rose amid slim progress in Gaza peace talks. SoftBank rises on Arm results; investors eye earnings, the Fed, and U.S. jobless claims.

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