Watch out ice cream: Frozen yoghurt maestros Sloane Brothers launch first site outside of London September 19, 2016 City summer staple Sloane Brothers Frozen Yoghurt is taking the battle against ice cream a step further with the opening of its first parlour outside of London. The Brick Lane-based froyo makers have opened their second site in Nottingham's Intu Victoria Centre. Sloane Bros focuses its frozen yoghurt toppings on classic British biscuits and desserts, and sources [...]
Stride Gaming share price rises as online bingo group hits the jackpot and profits forecast to rise nearly two-thirds September 19, 2016 Online bingo group Stride Gaming's stock shot up more than 12 per cent this morning on news that the company's full-year profits will be above expectations and rise by almost two-thirds. Stride Gaming is anticipating a full house for the year ended 31 August, with net gaming revenue up 69 per cent to "not less [...]
Jayne-Anne Gadhia: Three things you didn’t know about the chief executive of Virgin Money September 18, 2016 Previously dubbed the “first lady of UK finance” and one of City A.M.’s Power 100 Women, Virgin Money chief executive Jayne-Anne Gadhia has been at the group’s helm since 2007. She led the charge last year when Virgin Money launched its £1.25bn flotation and tried her hand at guest editing City A.M. for a day [...]
City Pub Company says cheers to AIM listing as sales rise by a third September 16, 2016 Quaint pub group City Pub Company has announced its intention to float on the London Stock Exchange's junior market late next year, while revenues at the firm have risen by a third. The figures Sales at City Pub Company rose by 36 per cent to £12.1m in the first half of the year, up from £8.9m in the same period [...]
US president election 2016: Donald Trump reaches highest chance yet to be elected president over Hillary Clinton according to Betfair exchange September 16, 2016 This may not be the relaxing, light-hearted news you probably wanted to hear on a dull Friday afternoon, but Donald Trump has reached his highest chance yet to be elected president – at least according to the Betfair exchange. Trump is now trading at 15/8 odds, equivalent to a 34 per cent chance, on Betfair's [...]
The Racing Post: Exponent Private Equity clears the fence as it completes takeover of the Racing Post September 16, 2016 Exponent Private Equity dashed to the finish line yesterday at it completed the acquisition of the leading horse and sports betting publication The Racing Post. The 30-year-old newspaper, website and mobile app provides comprehensive news, race information and bloodstock data across its formats, turning it into the horseracing industry's "bible". Exponent's takeover was completed with [...]
Bank of England sets 2020 deadline to overhaul interbank payment system September 16, 2016 The Bank of England has said it will aim to overhaul the UK's interbank payment system by 2020 to create a new service that is "resilient but flexible". Future users will pay for the revamp of the "next generation" Real-Time Gross Settlement (RTGS) service through a temporary increase in charges, the bank's executive director Andrew Hauser [...]
Julian Assange: Sweden’s court of appeal refuses to “set aside” Wikileaks founder’s rape case September 16, 2016 Sweden's court of appeal has turned down a bid by Wikileaks founder Julian Assange to have his case "set aside". The court said no new information had emerged in a long-standing legal deadlock between Assange and Swedish authorities, who want to question him over allegations he committed rape in 2010. In a statement, the court said: "The [...]
London is the healthiest region in the UK with the highest number of cyclists and the best BMIs September 16, 2016 If you're someone who's been lured into the world of London Park Runs or has become addicted to the capital's latest healthy food pop-ups – you're not alone. London is the healthiest region in the UK, according to data from healthcare provider Simplyhealth and YouGov. Nearly half of adults living in London have a "healthy" body [...]
Whisky galore: Scotch exports rise for first time since 2013, but Brexit concerns weigh heavy on industry September 16, 2016 Scotch was used to prop up bars a little more worldwide last year as global export volumes grew for the first time since 2013 – though the industry is still hesitant on the challenges of Brexit. Volumes of Scotch, which already adds £5bn to the UK's economy, shipped overseas grew by 3.1 per cent over the first [...]