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      Motor finance trade body gears up for legal challenge to £9bn redress

      Financial watchdog announces motor finance redress scheme, sparking potential banking sector mergers and acquisitions wave

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coronavirus

  • Manchester proves industry has the answers to boosting regional growth

    Opinion

    Manchester’s tech sector is one of the fastest-growing clusters in Europe – all thanks to a culture of innovation going back to the industrial revolution, says Alison Ross When Boris Johnson was Prime Minister, I developed a fierce hatred of the phrase ‘levelling up’, even stronger than the antipathy triggered by the ‘Northern Powerhouse’ motif [...]

    Venture capital funding in the UK is still the largest in Europe. (Photo by Anthony Devlin/Getty Images)
  • Letter to the editor: Why the Covid Inquiry should interest City A.M.

    Opinion

    [RE: The UK economy is suffering from long Covid and a short memory, 23 Sept] It was disappointing to read the suggestion from your editor-in-chief Christian May yesterday that the “main purpose” of the UK Covid-19 Inquiry is “a form of stage-managed catharsis”. I cannot agree.It is estimated that the total cost of UK government [...]

    A member of the public observing the National Covid Memorial Wall, Photo credit: Jordan Pettitt/PA Wire
  • Old Trafford development could be worth £7.3bn to UK economy each year

    Sport Business

    A new Old Trafford development could boost the UK economy by over £7bn per year should Manchester United’s masterplan become a reality. United, who last year had a 27 per cent stake in the club purchased by chemicals billionaire and Ineos founder Sir Jim Ratcliffe, are looking to spend £2bn on a new 100,000 capacity [...]

    A new Old Trafford development could boost the UK economy by over £7bn per year should Manchester United’s masterplan become a reality.
  • Grainger snaps up Manchester landmark in £31m deal

    July 24, 2024

    Residential property giant Grainger has snapped up a £31m build-to-rent scheme located in one of Manchester's most thriving neighbourhoods.

  • Ipsos Mori: Profit rises for UK General Election polling giant

    July 12, 2024

    Profit rose at the UK arm of polling giant Ipsos Mori ahead of the UK General Election, newly-filed accounts have revealed.

  • Bistrot Pierre cuts jobs and closes restaurants as it tumbles further into the red

    July 2, 2024

    French restaurant chain Bistrot Pierre has more than 100 staff and closed multiple sites as its goal as it battled to return to profitability.

  • Buzz Bingo hails ‘reset’ as chain posts best results since Covid-19 pandemic

    July 1, 2024

    The company behind Buzz Bingo cut its pre-tax loss as its sales passed the £200m mark during its latest financial year, according to new figures.

  • Rolls-Royce now worth over £40bn thanks to ‘Turbo Tufan’

    June 21, 2024

    Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever.

  • Old Vic Theatre: £20m needed to keep historic London venue running ‘a challenge’

    June 12, 2024

    The Old Vic Theatre said it faces a challenge to raise the more than £20m needed to keep its historic Waterloo home in working order, as it battles to create a financial model robust enough - despite the success of its record breaking musical Groundhog Day.

  • Exclusive: Des Gunewardena on the rift that ended his decades-long leadership of D&D

    June 12, 2024

    Des Gunewardena ran D&D restaurant group for 18 years. He speaks to Steve Dinneen about the split and his big plans for the future

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