Nissan: Qashqai maker in the red despite sales accelerating by over £2bn April 4, 2025 The UK arm of Japanese carmaking giant Nissan fell into the red despite its sales surging by more than £2bn, it has been revealed. Based out of its Sunderland factory, Nissan’s UK arm has reported a pre-tax loss of £67.2m for the 12 months to 31 March, 2024, new accounts filed with Companies House show. [...]
Heathrow warned about power supply days before outage closure, MPs told April 2, 2025 Heathrow Airport was warned about its power supply in the days before it closed because of an outage, MPs were told. Nigel Wicking, chief executive of Heathrow Airline Operators Committee, which represents airlines that use the west London airport, said there were a “couple of incidents” which made him concerned. The airport was closed to [...]
Ryanair at court seeking to appeal employment rights case April 1, 2025 Budget airline Ryanair is in court today seeking to overturn a decision on the worker status of a Ryanair pilot
Aston Martin to accelerate bonuses after struggling to attract top talent March 26, 2025 Aston Martin is planning to pay its top bosses more than its fellow FTSE 250 companies after having struggled to attract talent in recent years. The Warwickshire-headquartered luxury car maker is proposing to increase the bonus opportunities for its chief executive and chief financial officer from 200 per cent to 250 per cent of their [...]
Why boss of FTSE 100 giant Auto Trader might ditch his Tesla March 25, 2025 The boss of FTSE 100 Auto Trader may ditch his Tesla in the future as rivals to Elon Musk's giant become more competitive on price.
Grid operator to ‘urgently investigate’ Heathrow power outage after fire March 22, 2025 Energy secretary Ed Miliband has ordered the National Energy System Operator to “urgently investigate” the power outage caused by a substation fire that shut Heathrow Airport on Friday. He is working with Ofgem and using powers under the Energy Act to formally launch the grid operator’s investigation. “We are determined to properly understand what happened [...]
Heathrow ‘open and fully operational’ after disruption caused by power outage March 22, 2025 Heathrow Airport said it is “open and fully operational” on Saturday after the airport was shut over a loss of power caused by a substation fire. Flights resumed at the west London airport on Friday evening and restrictions on overnight flights were temporarily lifted following hours of closure, after a blaze knocked out an electricity [...]
Auto Trader: FTSE 100 CEO on how to fix the London Stock Exchange March 17, 2025 The government needs to encourage more investment into companies listed on the London Stock Exchange to revive the fortunes of the City, according to the CEO of FTSE 100 giant, Auto Trader. Nathan Coe, speaking on an upcoming episode of City AM’s Boardroom Uncovered podcast, said the UK doesn’t have the same level of “encouragement [...]
IAG: Pay for British Airways owner’s CEO takes off after FTSE 100 success March 5, 2025 The chief executive of British Airways owner IAG has received a huge pay rise after its shares surged on the FTSE 100 over the last year. Luis Gallego has been handed a pay packet of £4.6m for the group’s latest financial year, up from the £3.1m he received for 2023. The latest figure also compares [...]
London’s secret lost underground temple | History of the City February 28, 2025 Join City AM in this episode of History of the City, as we descend into the depths of London and uncover the secrets of the Mithraeum, from its Persian origins to its significance in the Roman world.