Sainsbury’s refocuses on food in new growth strategy with ‘progressive’ dividends and buybacks too February 7, 2024 Currently only 15 per cent of its supermarkets offer the full food range, with the new plan to focus on 180 of these highest potential stores.
Smurfit Kappa revenues slip as Irish giant prepares for merger February 7, 2024 Irish packaging giant Smurfit Kappa saw profit before income tax drop 18 per cent last year, as the firm prepares to merge into one of the largest packaging companies in the world. In the FTSE 100 firm’s full year results for 2023, it revealed that revenue had dropped 12 per cent, from €12.8bn in 2022 [...]
‘Huge potential’ for City says UK science minister amid soaring UK quantum investment February 7, 2024 Investment into quantum computing has "huge potential" for London, according to the UK's science minister, Andrew Griffith.
Ashmore suffers further outflows as emerging markets improve February 7, 2024 Ashmore, the emerging markets manager, has suffered further outflows despite stronger performance over the last six months.
House prices rise for fourth month in a row as 2024 starts with a bang February 7, 2024 House prices rose by 1.3 per cent in January, marking the fourth monthly rise in a row, according to the latest reading from Halifax.
The Debate: The urban fox – friend or foe? February 7, 2024 Urban foxes prowl the streets in ever-increasing numbers – is that a good thing? Our columnists battle it out before City A.M. delivers the verdict.
BlackRock holds top spot for tenth time in ‘another bruising year’ for UK fund industry February 7, 2024 BlackRock came in first place for gross retail sales throughout the year, followed by Legal & General, Fidelity and HSBC AM.
Alternative lenders ‘pick up the slack’ as SMEs demand larger loans February 7, 2024 Alternative lenders are taking the wheel as the demand for larger loans by Britain’s small and medium-sized enterprises (SMEs) rises, according to a new poll of over 120 brokers. The survey, conducted as part of fintech firm Iwoca’s SME Expert Index, found that small businesses in the fourth quarter of 2023 demanded loans of over [...]
Lower Thames Crossing boss: HS2 debacle has driven investors and talent away from UK February 7, 2024 Struggles at HS2 are affecting other UK major infrastructure projects, the man leading the delivery of the UK's largest road tunnel has said.
ULEZ: Watchdog scolds TfL and London mayor Sadiq Khan over misleading ads February 7, 2024 Transport for London (TfL) and the Mayor of London have received a scolding from the UK's advertising watchdog for misleading radio ads surrounding the ULEZ expansion.
