Rollercoaster Tycoon rights sale boosts cash at Frontier Developments April 2, 2024 Frontier Developments sold publishing rights for its 2004 game, Rollercoaster Tycoon Three, to Atari for $7m in March.
Former Sainsbury’s boss Justin King backs £50m fund to invest in high end restaurants April 2, 2024 A consortium of high net worth individuals, including former Sainsbury’s boss Justin King, have raised £50m to snap up businesses in the high end restaurant sector.
HSBC plots special dividend after completing sale of Canadian business April 2, 2024 HSBC said the deal will unlock "significant value" for the bank. Completion of the transaction will result in an estimated gain on sale of $4.9bn in HSBC's first quarter results.
Why are UK companies like Natwest using share buybacks more? April 2, 2024 UK company buybacks totalled £18bn between 2012 and 2019, but by 2022, that number was over £50bn.
UK shop price inflation eases to lowest rate since December 2021 April 2, 2024 Shop price inflation eased to its lowest level since December 2021, driven by falling food costs and supermarkets remaining competitive about price.
Car insurance premiums fall in ray of light for British motorists April 2, 2024 The cost of car insurance in the UK is slowly starting to fall for the first time, signalling an end to the unprecedented surge in premium prices in recent years.
The best and worst corporate April Fools’ Day gags April 2, 2024 From Haggis ice cream to double-decker trollies, City A.M. rounds up the best and worst gags by businesses on April Fools' Day.
FTSE 100 today: London markets set to open higher, mirroring Asian peers after Easter holiday April 2, 2024 Hong Kong leads Asian stocks higher as the yen holds steady below 152 amid intervention threats. Meanwhile, the likelihood of a June rate cut by the US Federal Reserve drops to around 60 per cent. Focus remains on speeches by several Fed officials and the upcoming US monthly jobs report.
Donald Trump’s social media company posts $58m annual loss despite $8bn stock market valuation April 1, 2024 Former US president Donald Trump's social media firm has reported a $58m loss for 2023, despite its valuation soaring to more than $8bn in its stock market debut last week.
VAT threshold raised to £90,000 in boost for small businesses – but pubs still feeling the pinch April 1, 2024 Hard-pressed small business owners were thrown a lifeline on Monday after the government rolled out an increase to the VAT threshold.