By: Rupert Hargreaves

Rupert is the news editor for City A.M. Before joining City A.M. he was the deputy digital editor at MoneyWeek, working across the weekly magazine and website. Rupert has over 15 years experience in the world of financial journalism and holds qualifications from the CFA Institute as well as the Chartered Institute for Securities & Investment (CISI).

Fund manager Sir Chris Hohn sees pay slump by half but still pockets £276m

Hedge Funds

Billionaire British hedge fund manager Sir Chris Hohn paid himself more than £1m a day this year, despite profit at his fund, TCI, falling.
Jacob Rees-Mogg’s Somerset Capital to wind down after St James’s Place loss

Somerset Capital

Tory MP Sir Jacob Rees-Mogg's boutique fund management house Somerset Capital is set to wind down
Harry Potter publisher Bloomsbury sees profit ‘materially’ ahead as customers keep reading

Retail

Bloomsbury, the Harry Potter book series publisher, said revenue and profit is expected to come in "materially ahead" of expectations.

Customers flock to AJ Bell signalling hope for domestic investing market

December 7, 2023

AJ Bell, one of the UK's largest investment platforms, today announced it had signed up another 50,880 customers in the financial year to 30 September.
Watches of Switzerland reports revenue growth as US customers keep spending

December 7, 2023

Watches of Switzerland, the UK's largest luxury watch retailer, today reported revenue growth of two per cent in constant currency for the first half of its financial year.
THG to acquire Biossance as it bulks up on beauty business

December 5, 2023

E-commerce firm THG has today announced it has acquired prestige skincare brand Biossance for $20m as its builds out its beauty business.
Wizz Air records 29 per cent jump in passenger numbers as low-cost airline expands

December 4, 2023

Wizz Air, which claims to be "one of the most sustainable European airlines" said today it had seen a 29.3 per cent increase in customers.
Petrofac shares as it lays out plan to reverse cash-flow fears

December 4, 2023

Petrofac, the struggling oil services provider, has today warned it will be forced to sell assets after warning on cash flow.
Ceres Power share price dives after sneaking out revenue warning

December 1, 2023

Shares in Ceres Power plunged by more than 20 per cent this morning after the company sneaked out a revenue warning last night.
UK fund manager: ‘Gloomy’ London isn’t interested in growth stocks anymore

December 1, 2023

Baillie Gifford's funds, which focus on growth, have struggled over the past two years due to high rates and the market environment.

Starmer hails ‘seismic’ Scotland by-election win as pressure mounts on SNP

FTSE 100 live

Sunak’s new Rwanda deal is anything but unequivocal

Jon Rahm ‘to earn twice as much as Tiger did in whole career by joining LIV Golf’

A round-up of City A.M.’s Black Friday deals across beauty, fashion and nutrition

Today at COP28: And breathe

By: Rupert Hargreaves

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