Danish bakery Ole & Steen brews up success with buns on demand June 18, 2025 International bakery Ole & Steen has reported a double-digit uplift in sales, boosted by online deliveries to business and consumers. Turnover grew five per cent last year after a strategy revamp, with revenue increasing to £36m from £34m in 2023. UK managing director Graham Hollinshead said the company has “firmly re-established [its] position as London’s [...]
Toyota braced for motor finance pay out as ruling nears June 18, 2025 Toyota has amassed a huge war chest in case the Supreme Court rules the company and the wider industry should pay customers compensation when it delivers its verdict on the motor finance saga in the coming weeks. The UK-based financial services arm of the car giant has set aside hundreds of millions of pounds to [...]
The Debate: Should MPs pass the assisted dying bill? June 18, 2025 As MPs prepare for a final vote on the assisted dying bill this Friday, we get two experts to outline the cases for and against.
Fifa defends ticket sales as only 3,500 attend Club World Cup match June 18, 2025 Fifa has defended their ticket sales process after just 3,412 fans attended a Club World Cup match this week. Fewer than 3,500 fans attended the match in Orlando between South Korean side Ulsan HD and Mamelodi Sundowns of South Africa. It comes after fewer 23,000 fans watched Chelsea take on MLS side Los Angeles FC [...]
Shell and BP: FTSE 100 giants get analyst backing after oil surge June 18, 2025 FTSE 100 oil heavyweights are back in analysts favour after oil prices surged from the intensifying Middle Eastern conflict. BP and Shell shares have jumped around three per cent in the last week and climbed further as President Donald Trump weighed in on the attacks in Israel and Iran. Russ Mould, investment director at AJ [...]
Peel Hunt: Bonuses scrapped for third year running June 18, 2025 Peel Hunt has scrapped bonuses for its top executives for a third year running as losses at the investment bank continued. Chief executive Steven Fine took home a pay packet of £465,000 for the year to 31 March, 2025, while chief financial and operating officer Sunil Dhall received £316,000, according to its latest annual report. [...]
Speedy Hire swings to loss amid depot closures June 18, 2025 Speedy Hire has slumped into the red as it grapples with a challenging economic backdrop and tax hikes announced in Chancellor Rachel Reeves’ Autumn Budget. The London-listed firm, an equipment hire specialist, swung to a pre-tax loss of £1.5m in the year ended 31 March, 2025, down from gains of £5.1m the prior 12 months. [...]
Magnet: Hundreds of jobs lost as kitchen maker closes more stores June 18, 2025 More than 300 jobs have been lost at the company behind kitchen maker Magnet as it continues its fight to return to profit. Nobia Holdings UK has been attempting to turn itself around since 2019 when it last made a pre-tax profit. Since then its transformation plan has seen hundreds of jobs lost and stores across [...]
Growth 500: Celebrating Britain’s fastest-growing businesses June 18, 2025 A green agriculture company, a luxury tour guide, and a music promoter have been named as three of the 10 fastest-growing businesses in the UK, in a new list charting Britain’s hottest companies. According to the newly launched Growth 500 – an index of fast-growing British businesses which claims to be the most comprehensive ever [...]
Muse Capital: The rise and rise of women-led multi-team ownership groups June 18, 2025 With more and more women-led investment groups in sport, City AM sat down with Muse Capital to discuss SailGP and changing tides. A recent phenomenon among the plethora of sports deals recently has been the involvement of celebrity capital. Whether that be Tom Brady at Birmingham City, Serena Williams with Toronto Tempo or the late [...]