Allica Bank chief bets on rapid growth to force improvement in SME finance May 9, 2024 Allica only launched in 2020 but has already become a certified fintech darling. It was named by Deloitte as the UK’s fastest-growing fintech last year and in April posted its first annual profit of £16.1m.
How to find the right investor for your start-up — and stay ahead of the game May 9, 2024 After spending two days in Porto with hundreds of start-ups and investors at Startup Portugal’s SIM Conference last week, Ambition A.M.’s Jennifer Sieg put together her own key takeaway guide for those about to embark on their funding journeys. With some 200 start-up exhibitions and nearly 400 start-ups in attendance, I didn’t know what to [...]
More than Money: Can makeup change lives? CEO donates products to people battling cancer May 9, 2024 Join us in this episode of More than Money as City A.M. multimedia journalist Larissa Howie explores the deeper mission behind Sculpted by Aimee.
BBVA launches hostile takeover bid for TSB owner Sabadell May 9, 2024 BBVA has launched a hostile takeover bid for Banco Sabadell after its first offer was rejected.
Balfour Beatty: Key projects with BP, Equinor and Rolls-Royce help construction giant trade in line May 9, 2024 Balfour Beatty is forecasting an increase in profit and earnings in 2024 as progress continues on several major UK projects.
Bonds & Ballots: Can a British ISA save London’s stock market? May 9, 2024 In this week's Bonds & Ballots, City A.M. asks: did Jeremy Hunt do enough for UK financial services? And will a British ISA really boost London's markets?
Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’ May 9, 2024 "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.
Ex-Bank of England economist claims he was ‘debanked’ like Nigel Farage May 9, 2024 Ex-Bank of England economist Andy Haldane has said he was refused a bank account because of his "political" connections, comparing himself to Nigel Farage, as MPs criticise lenders for "debanking" individuals due to reputational concerns.
Gas mask supplier Avon Protection wins £38m MoD contract amid chemical warfare threat in Ukraine May 9, 2024 Avon Protection has won a £38m tender from the MoD to supply gas masks for the UK army, amid allegations of chemical weapons use by Russia in Ukraine.
3i Group ups dividend as Action’s ‘remarkable growth’ continues May 9, 2024 Private equity giant 3i Group upped its dividend as its full year results were boosted by the "remarkable growth story" of Dutch retailer Action.