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By: City AM reporter

All 647 Articles
  • Footasylum calls in the robots with THG Fulfil warehouse deal

    Retail

    Trainers will be shuttled across Footasylum warehouses by automated robots after the sports and streetwear firm struck a deal with logistics company THG Fulfil. THG Fulfil, a division of Manchester-based THG Ingenuity, has signed a deal with Footasylum to revamp its warehouse facilities with robots and automated operation platforms in a so-called Autostore system. The [...]

    THG Fulfil and Footasylum partnership showcasing efficient logistics solutions in a modern warehouse setting
  • THG reports boost in revenue after beauty and nutrition growth

    Markets

    Ecommerce firm THG has reported a boost in first half revenue and adjusted earnings on the back of growth in its nutrition and beauty divisions. In a trading statement ahead of its annual general meeting today, the Manchester-based company said revenue had grown 6.5 per cent in the first half of the year while it [...]

    THG owns e-commerce platform Cult Beauty.
  • K2 PI aims high: Lloyd’s-backed MGA targets larger PI risks

    Partner

    Partner content, in association with K2 PI Freshly backed by Lloyd’s of London, K2 PI, which specialises in professional indemnity, has its sights set on competing with larger brokers through its broker-neutral managing general agent (MGA) model. Speaking to City AM, Richard Smart, managing director of K2 PI, explained, “We’ve got 100 per cent Lloyd’s backing, [...]

    Lloyds-backed MGA K2 PI targets larger professional indemnity risks, aiming to compete with major brokers.
  • King Charles to publish tax bill for ‘transparency’

    June 21, 2026

    The King is to become the first head of state to reveal their personal tax bill to help enhance transparency around royal finances. Charles will publish his financial details as his royal household seeks to increase “clarity and accessibility” around the monarchy’s finances by producing a new report on the subject. The decision by the King, [...]

  • People named Mark called upon to raise money at London charity golf day

    June 15, 2026

    Some of the UK’s estimated 600,000 people called Mark have been called upon to take part in a world record attempt at Royal Blackheath Golf Club to raise money for Prostate Cancer UK. The On Your Marks golf day will take 88 people called Mark and aim to raise £88,000 for charity just a stone’s [...]

  • Elon Musk becomes world’s first trillionaire after SpaceX mega float

    June 13, 2026

    Elon Musk is never far from the headlines and now the Tesla and X owner is making history once again after the blockbuster float of his SpaceX company has made him the world’s first ever paper trillionaire. The 54-year-old’s net worth was estimated at 982.6bn US dollars (£733bn) before the float, according to Forbes, which has swelled [...]

  • Mike Ashley’s Frasers makes £1.7bn takeover offer for Hugo Boss

    June 10, 2026

    Mike Ashley’s Frasers Group has moved to tighten its grip on German fashion giant Hugo Boss, tabling a takeover offer in a deal that values the brand at nearly €2bn. The retail empire, which spans Sports Direct and Flannels, already sits as Hugo Boss’s largest investor with a stake north of 25 per cent, and [...]

  • Raise your glasses to City Beerfest in Square Mile’s Yard of ale

    June 8, 2026

    Returning for its 12th year, the hugely popular City Beerfest will be held in the City ofLondon’s historic Guildhall Yard on Thursday 2 July from 12.30pm to 9pm. City’s ever-popular Beerfest returns to Guildhall Yard to raise funds for TheLord Mayor’s Appeal Festival welcomes 13 brewers – between them, offering 55 beers – to the [...]

  • The AI Summit London turns 10 as businesses move past the AI hype cycle

    June 3, 2026

    A decade ago, AI conferences were still largely populated by researchers and a relatively small group of technologists trying to convince businesses the technology would eventually matter. But this year’s AI Summit London arrives in a very different climate. The event, which returns to Tobacco Dock on 10 and 11 June as part of London [...]

  • How Britain’s most resilient founders turn failures into fuel

    May 28, 2026

    At SCALE EXPO & SUMMIT on 22 April, business journalist Dougal Shaw brought together three entrepreneurs to talk about setbacks and comebacks – the theme of his new book, Fail Smarter. Failure is not something most of us talk about at business events. When you’re pitching to investors, winning over customers, or convincing talented people [...]

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