Direct Line brings back dividend but warns there’s still work to be done March 21, 2024 Insurer Direct Line has posted an annual operating loss of £189.5m as it battles claims inflation, while looking to achieve £100m in annualised cost savings by the end of 2025.
Mercia wins additional British Business Bank contracts to boost growth in Yorkshire and the Humber March 21, 2024 London-based asset manager Mercia has won two more regional investment fund mandates from the British Business Bank.
Hostelworld beats expectations thanks to Asia travel demand boom March 21, 2024 Online travel agency Hostelworld Group has traded ahead of expectations during the preliminary year, thanks to an increase in demand for travel in Asia.
Jimmy McLoughlin’s notebook: What Rishi (might) do next March 21, 2024 Jimmy McLoughlin is the man behind Jimmy's Jobs of the Future, a podcast looking at the future of work. He writes for City A.M.'s notebook, a place where interesting people say interesting things
Asset manager M&G tops City expectations as firm remains ‘on track’ for its 2025 targets March 21, 2024 "M&G has performed very well in 2023," Andrea Rossi, the firm's chief executive said.
How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Gatwick: Britain’s second-busiest airport boosted by new airlines and station revamp March 21, 2024 The international hub near Crawley, West Sussex, said it had returned to traffic levels of 94 per cent of what it was in 2019 - in July and October.
Next: High street champion trades ahead of expectations again March 21, 2024 Next has traded ahead of expectations again, reporting record pre-tax profit of £918m during the full year.
Firstgroup steaming ahead: Company wins iconic London cable car contract March 21, 2024 The contract with FirstGroup is due to run for an initial five-year term
Virgin Money agrees to £2.9bn Nationwide takeover March 21, 2024 The board of Virgin Money has accepted a £2.9bn takeover offer from high street rival Nationwide to create the UK's second-largest provider of mortgages and savings.