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By: City AM reporter

All 600 Articles
  • Co-op expected to reveal financial hit from cyber attack

    September 21, 2025

    The Co-operative Group is expected to shed light on the impact of a damaging cyber attack in its first financial update since being targeted by hackers. Shoppers were faced with empty shelves and issues with payments during the fallout from the cyber incident in April, as a raft of retailers were hit. On Thursday, the [...]

  • UK to explore ‘reparations loan’ for Ukraine using frozen Russian assets

    September 20, 2025

    Rachel Reeves will announce plans to explore using frozen Russian assets to fund a “reparations loan” that could provide billions of pounds for Ukraine’s war effort. The Chancellor is expected to make the announcement at a meeting with her European counterparts in Copenhagen on Saturday, saying it is “right to explore all options to support [...]

  • Le Cordon Bleu London announces winner of record scholarship

    September 18, 2025

    Le Cordon Bleu London awarded its largest-ever scholarship prize last week, marking 130 years since the school was founded. The 2025 Scholarship Competition concluded on Monday with 27-year-old Emma Keenan from Enniskillen, Northern Ireland, announced as the overall winner. Keenan impressed judges with her Savoury Choux Ring featuring mushrooms, mascarpone, hazelnut and parmesan craquelin. The [...]

  • Primark owner says larger stores to come under pressure from rates changes

    September 15, 2025

    The boss of Primark’s parent firm has warned the Government that proposed business rates changes are “mistaken” and heap pressure on big stores on UK high streets. George Weston, the billionaire boss of Associated British Foods (ABF), told the PA new agency that the Labour Government “should not increase taxes on businesses any more” in [...]

  • Food inflation to spike as suppliers can ‘no longer absorb’ costs, FDF warns

    September 15, 2025

    Food and drink inflation could climb to 5.7% by the end of the year thanks to cost pressures on manufacturers “trickling down” to supermarket shelves, a leading industry body has warned. The Food and Drink Federation (FDF) said current prices were “steeper than anything in recent decades”. The group – whose members make a quarter [...]

  • US financial firms pledge investment into the UK before Trump visit

    September 13, 2025

    US financial firms have announced investments in the UK worth £1.25 billion before Donald Trump’s state visit next week. Citi Group has confirmed it will invest £1.1 billion across its UK operations, while S&P Global will put £4 million into their Manchester offices. PayPal has confirmed a £150 million investment in product innovations and growth [...]

  • Chinese retail giant in talks to buy Argos

    September 13, 2025

    UK supermarket group Sainsbury’s has confirmed that it is in discussions for a potential sale of struggling retail chain Argos to a leading Chinese e-commerce giant. Retailer JD.com is looking to buy Argos, as it seeks to position itself in the UK market. The bid comes following JD.com’s failure to purchase electrical retailer Currys last [...]

  • Astrazeneca pauses £200m Cambridge investment

    September 13, 2025

    British drug giant Astrazeneca has paused a planned £200 million expansion of its research site in Cambridge in a fresh blow to the UK pharmaceutical industry. It comes after the pharmaceutical firm abandoned plans to invest £450 million in a vaccine plant in Merseyside earlier this year in a blow to the Government as it [...]

  • Thousands gather in London as police brace for protests

    September 13, 2025

    Thousands of people have gathered in London for a rally organised by activist Tommy Robinson. The “Unite the Kingdom” event takes place in Whitehall on Saturday afternoon but huge crowds have already massed near Waterloo Station with people wearing and waving union flags and the St George cross. Meanwhile, a counter-protest, dubbed March Against Fascism, [...]

  • No 10 aware of Mandelson emails before Starmer defended him

    September 13, 2025

    Officials at No 10 and the Foreign Office were aware of the damning emails between Peter Mandelson and Jeffrey Epstein before Starmer defended him at Prime Minister’s Questions. The Foreign Office was allegedly sent details of the emails between the pair on Tuesday and passed them on to Downing Street, two days before Starmer withdrew [...]

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