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      Poundland owner ‘commits to protecting jobs’ after pressure from business secratary

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      Ice Hockey World Championships sponsor threatens to pull out over Russia

      USA player #12 with a puck, pursued by Finland player #40, during the IIHF Ice Hockey World Championship.

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      Andy Burnham says stockpile beans and tuna: Here’s the wine to pair with that

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City A.M. Content

  • ULEZ: Khan under fire over scrappage scheme grant figures

    January 31, 2024

    Sadiq Khan has been criticised by City Hall Conservatives after new figures showed the ULEZ scrappage scheme paid grants to less than half of applicants.

  • George Osborne joins Coinbase as crypto giant plots global expansion

    January 31, 2024

    Former Chancellor George Osborne has joined Coinbase’s global advisory council, the firm announced today, as the multibillion-dollar cryptocurrency exchange eyes up international expansion.

  • IKEA to open new stores as UK profits more than double

    January 31, 2024

    IKEA's UK profits more than doubled during its latest financial year as it sets it sights on opening new stores.

  • Central London Alliance calls on Treasury to reinstate tax-free shopping and generate an estimated £10 billion

    January 31, 2024  |  City Talk

    Ahead of the budget announcement on 6 March 2024, Central London Alliance (CLA) has submitted a proposal calling for the Treasury to reinstate tax-free shopping in efforts to help the retail sector recover from post-pandemic challenges. CLA backs requests by the retailers to reintroduce the scheme allowing foreign visitors to the UK to shop tax-free. [...]

  • Universal to pull songs from TikTok while demanding protection from ‘harmful effects of AI’

    January 31, 2024

    Universal Music has said it plans to strip its extensive song library from TikTok amid payment negotiation breakdowns.

  • Oak Furnitureland slumps to £32m loss as rising costs bite

    January 31, 2024

    Oak Furnitureland slumped to a loss of almost £32m during its latest financial year, newly-filed documents have revealed.

  • Samsung profits tumble 34 per cent after chip business hits rock bottom

    January 31, 2024

    Samsung has reported a 34 per cent drop in operating profits in its four quarter and new lows for its chip business.

  • Santander UK rides out interest rate peak but expects further mortgage weakness

    January 31, 2024

    High street lender Santander UK has reported a jump in annual profits as it rode out the end of an interest rate spike, while weakness continued in the mortgage market.

  • Challengers say new law will end Big Tech’s ‘stranglehold’

    January 31, 2024

    A number of tech challengers and startups have urged the government to pass the digital markets bill before the next election to help end Big Tech's "stranglehold" on the sector.

  • Network Rail must improve performance after Elizabeth Line and Paddington disruption, says Sadiq Khan

    January 31, 2024

    The Mayor of London has called on the UK's rail infrastructure manager to get its act together after disruption on the Elizabeth Line.

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