UK manufacturing downturn continues but business optimism hits four-month high February 1, 2024 The UK’s manufacturing sector contracted again in January, while business optimism jumped to its highest level in four months, a closely watched survey has suggested.
One Undershaft: Plans resubmitted for 74-storey London tower to rival The Shard February 1, 2024 Developers have submitted updated plans for a new London skyscraper that would be the same height at The Shard.
TSB Bank proposes £120m payout for owner as it sees record profits February 1, 2024 TSB Bank has recommended a £120m award to its Spanish parent company as it reported a jump in annual profits on the back of high interest rates, despite a rise in impairments amid “economic uncertainty”.
Allwyn takes over National Lottery today after ‘legal issues’ delayed promises February 1, 2024 Allwyn is set to take over as the National Lottery operator today, marking the first time the licence has changed hands in thirty years.
Worst corporate jargon of the week awards: Jumping on a call February 1, 2024 At City A.M., we’re taking a stand and calling out the worst jargon which travels around the City faster than you can drink an overpriced pint. This week: jumping on a call.
Hugh Osmond-backed Various Eateries plots Noci expansion as it absorbs inflation price hikes February 1, 2024 The firm said it would open 10 more of its Italian inspired Noci restaurants and three more Coppa Club sites.
Elon Musk to hold ‘immediate’ shareholder vote on moving Tesla fully to Texas February 1, 2024 Elon Musk has said Tesla will "move immediately" to hold a shareholder vote to transfer the company's state of incorporation to Texas.
Phoenix hits targets early as growth in annuities pays off February 1, 2024 In a trading update, Phoenix said its new business long-term cash generation, a key measure of future profitability, was around £1.5bn in 2023.
Belfast is beautiful but its peace walls convey the scars of brutal recent history February 1, 2024 The scars of the Troubles are visible in the physical barriers that divide Belfast's citizens in two, writes Lucy Kenningham
Private equity giant 3i Group boasts strong results thanks to Dutch discount retailer February 1, 2024 Infrastructure giant 3i Group boasted of a "good result" for the last quarter of 2023, thanks in large part to its largest holding, Dutch discount retailer Action.