Dispensa to delist from London Stock Exchange after market cap collapse February 14, 2024 Dispensa, the holding company that focuses on luxury food brands, is set to delist from the London Stock Exchange, as the firm has fallen to just £2.3m in market cap. The delisting was approved by the firm’s board of directors “following extensive deliberation” over how to best maximise shareholder value for the company. The board [...]
A mystery: One of Brick Lane’s iconic beigel shops has shut – and nobody knows why February 14, 2024 One of two Brick Lane beigel shops - which have provoked heated debate amongst Londoners for decades - is shut, and nobody quite knows why.
Bank of England racks up £20m maintenance bill for iconic headquarters February 14, 2024 The Bank of England has reportedly spent more than £20m on maintenance-related contracts for its Grade I-listed building since last September.
Why inflation staying stuck at four per cent is actually good news February 14, 2024 The fact that the headline rate of inflation remained steady in January despite these increases points to stronger than anticipated disinflationary pressures elsewhere.
Standard Chartered looks at restructuring investment bank to boost returns February 14, 2024 The emerging markets-focused lender is considering is a break-up of the bank's investment and corporate banking businesses, Bloomberg News reported
Airbnb ‘reinventing’ itself with £4.8bn share buyback as it looks to go ‘far beyond travel’ February 14, 2024 Airbnb has said it is expanding beyond its core services and has revealed a $6bn share buyback scheme amid mixed results.
Agronomics posts loss, sees improving outlook for cell-cultured low-carbon food products February 14, 2024 The Isle of Man-based venture capital firm saw its net asset value fall 0.2 per cent throughout the year
‘A real market character’: John Bridges (1942-2023) February 14, 2024 This week, a memorial service will be held to mark the passing of John Bridges, a long-time stalwart of the City. His daughter writes for City A.M. on a true gentleman of the Square Mile
Activist investor Kelso gains board seats at The Works as it tries to enhance shareholder value February 14, 2024 Kelso chief John Goold and chief financial officer Mark Kirkland have gained non-executive director positions, and will focus on "all matters relating to shareholder value."
Harry Potter publisher Bloomsbury upgrades expectations once again as readers devour fantasy fiction February 14, 2024 Harry Potter publisher Bloomsbury has forecast its full year pre-tax profits to be "significantly ahead" of market expectations.
