Two more crew members from Mike Lynch’s yacht placed under investigation August 28, 2024 Lynch and six others lost their lives when the Bayesian capsized and sunk after being hit by a storm off the coast of northern Sicily.
JD Wetherspoon boss clashes with Ryanair chief over calls for airport pint limits August 28, 2024 Michael O'Leary claimed on Tuesday there had been a rise in in-flight violence over the summer due to increasing drug and alcohol use.
Hargreaves Lansdown co-founder’s private equity firm shutters August 28, 2024 A private equity firm run by Hargreaves Lansdown co-founder Stephen Lansdown has shuttered.
Founder Favourites: Founder of Admiral on how NOT to be a sh*tty boss August 28, 2024 In this episode of Founder Favourites, City A.M. sits down with Henry Engelhardt, the energetic businessman and founder of the UK’s largest specialist car insurer Admiral Group, to find out the secret to being a great boss.
FTSE 100: Natwest, Barclays and Lloyds shares drop on fears of Labour tax raid August 28, 2024 Shares in the UK's largest banks dropped on Wednesday amid concerns that the new Labour government could raise taxes on the sector in October's Budget.
WFH? Health experts uncover airborne dangers lurking in your space August 28, 2024 An increase in invisible moulds, microbes, bacteria and viruses in the City air may be impacting your health without you realising, an NHS doctor warns.
Water firms warn of ‘material risk’ to stopping sewage leaks with Ofwat bill cap August 28, 2024 Plans to cap water bill increases at £19 per year would prevent suppliers from raising enough cash to improve performance, Water UK said.
Thames Water: Ofwat proposals ‘not tenable’ with supplier’s recovery as new bill hikes planned August 28, 2024 Debt-laden Thames Water has appealed to Ofwat to sign off on a five-year business plan to make it "investible."
Why London’s wealthiest are shelling out up to £40,000 a month to rent prime property August 28, 2024 It might seem counter-productive to spend tens-of-thousands of pounds on something you won’t see any return on, but that’s exactly what’s happening in London’s super-prime lettings market at the moment. Properties can range from £5,000 per month to something closer to £40,000, with lettings more often than not arranged off-market. For wealthy families unsure if [...]
Activist short seller Hindenberg accuses stock behind AI boom of ‘accounting manipulation’ August 28, 2024 Activist short seller Hindenberg Research has targeted Super Micro Computer in its new report for “accounting manipulation”, as the group takes aim at the centre of the AI boom. The $32bn company has “ridden the wave of AI enthusiasm” to grow its stock price almost 700 per cent over the last two years, the group [...]
