B&M sees rise in sales and plans wave of store openings November 9, 2023 B&M has reported a rise in sales as customers are squeezed by high inflation and the discount retailer plans a wave of new stores, including those formerly owned by collapsed rival Wilko.
WH Smith plans US store expansion as return to travel delivers bumper profits November 9, 2023 WH Smith said that revenues leaped 28 per cent for the year to August as the airport newsagent pans to bolster its presence at travel hubs through a “forensic approach to space management”. The book and stationery supplier said revenues were at £1.7bn, as the firm was boosted by surging return to travel after the pandemic. [...]
National Grid profits slip near 20 per cent as chief slams government inaction November 9, 2023 National Grid has called for policy to keep up with the company's push to electrify the country's grid following record spending.
Meet the group shaking up the City old boys’ club November 9, 2023 The 93 per cent Club is looking to break down the class barriers still running through the City. Founder Sophie Pender tell City A.M. there’s still plenty of work to be done.
Mark Kleinman: WeWork’s decline foretells trouble in the property market November 9, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
The Notebook: Victoria Scholar on the retail winners this year November 9, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar of Interactive Investor
Can’t keep up: Wise halts new UK and EU business customers amid capacity strains November 9, 2023 London-listed fintech firm Wise has been forced to freeze onboarding all new business clients across the UK and Europe due to “high demand”, in the latest hiccup to face the firm after it “deactivated” all US business cards last week.
Airbus earnings soar – but fail to rise above analyst expectations November 9, 2023 Airbus reported higher underlying third-quarter profit on Wednesday and raised its production targets going forward.
Airbus UK boss: Europe must march in step on defence in the face of conflict November 9, 2023 Airbus UK chairman says when countries work together, governments get the product they want — and revenues
High street banks pull back lending to small firms as funding gap widens November 9, 2023 High street banks are pulling back from lending to small and medium-sized enterprises (SMEs) while demand for capital is set to rise, according to a survey of more than 100 brokers.
