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.
AI platform Cordel begins data contract with Network Rail to improve engineering on HS1 February 14, 2024 Artificial intelligence platform Cordel Group has commenced its contract with Network Rail, providing high-tech data capture services on High Speed one.
Dunelm sees continued sales and profit growth despite ‘difficult’ trading environment February 14, 2024 Homewares retailer Dunelm has said total sales rose 4.5 per cent in the first half of 2024 as it increased its market share.
Coca-Cola HBC shares up 7.7 per cent as consumers guzzle energy drinks and coffee February 14, 2024 In its results for the period, which were published this morning, the firm said strong performance in energy drinks and coffee volumes were major growth drivers.
