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By: Sebastian McCarthy

Chief City reporter covering banking, insurance, deals and exchanges. Email stories to seb.mccarthy@cityam.com

All 879 Articles
  • Not what the doctor ordered: Spire suffers profit hit amid drop in NHS referrals

    September 18, 2018

    UK private healthcare provider Spire was diagnosed with falling profits in the first six months of 2018, as a drop in referrals from the NHS ate away at the company’s projected core earnings. Spire Healthcare Group’s share price tumbled more than six per cent in early morning trading, after the firm predicted full-year expected earnings [...]

  • Not what the doctor ordered: Spire suffers profit hit amid drop in NHS referrals

    September 18, 2018

    UK private healthcare provider Spire was diagnosed with falling profits in the first six months of 2018, as a drop in referrals from the NHS ate away at the company’s projected core earnings. Spire Healthcare Group’s share price tumbled more than six per cent in early morning trading, after the firm predicted full-year expected earnings [...]

  • Blistering summer puts the heat on Zalando

    September 18, 2018

    Online shopping giant Zalando suffered a 17 per cent drop in its share price this morning, as the firm cut its 2018 outlook for the second time in as many months. The German-based retailer now expects adjusted earnings before interest and tax (EBIT) between €150m and €190m (£133m-£197m), compared with the previous guidance at the low [...]

  • Blistering summer puts the heat on Zalando

    September 18, 2018

    Online shopping giant Zalando suffered a 17 per cent drop in its share price this morning, as the firm cut its 2018 outlook for the second time in as many months. The German-based retailer now expects adjusted earnings before interest and tax (EBIT) between €150m and €190m (£133m-£197m), compared with the previous guidance at the low [...]

  • One Bartholomew Lane put on the market for £104m

    September 13, 2018

    A major City building is being put up for sale for more than £100m today, City A.M. can reveal. One Bartholomew Lane, which is located opposite the Bank of England in the heart of the Square Mile, currently houeses South Korea’s sovereign wealth fund and the Agricultural Bank of China (one of China’s three largest [...]

  • One Bartholomew Lane put on the market for £104m

    September 13, 2018

    A major City building is being put up for sale for more than £100m today, City A.M. can reveal. One Bartholomew Lane, which is located opposite the Bank of England in the heart of the Square Mile, currently houeses South Korea’s sovereign wealth fund and the Agricultural Bank of China (one of China’s three largest [...]

  • Princesses, stamp duty and the rising tide of indoor swimming pools: The Billionaires’ Row estate agent talks to City A.M. about the changing times on London’s priciest street

    September 13, 2018

    If anywhere is on the front line in the current struggle to sell London’s high-end property, it is The Bishops Avenue, the fabled Billionaires’ Row just north of Hampstead Heath; and if anyone is leading the fight, it is Trevor Abrahmsohn, the area’s legendary estate agent. Through his Glentree agency, Abrahmsohn has over the years [...]

  • Princesses, stamp duty and the rising tide of indoor swimming pools: The Billionaires’ Row estate agent talks to City A.M. about the changing times on London’s priciest street

    September 13, 2018

    If anywhere is on the front line in the current struggle to sell London’s high-end property, it is The Bishops Avenue, the fabled Billionaires’ Row just north of Hampstead Heath; and if anyone is leading the fight, it is Trevor Abrahmsohn, the area’s legendary estate agent. Through his Glentree agency, Abrahmsohn has over the years [...]

  • The Grosvenor Estate weighs up move to become a serviced office space provider

    September 13, 2018

    It might be one of London’s oldest landlords, but the Grosvenor Estate is mulling a move into one of the property market’s newest trends. In a bid to cash in on the growing popularity of serviced office spaces, the Duke of Westminster’s Mayfair business confirmed it is weighing up the idea of challenging market giants such [...]

  • The Grosvenor Estate weighs up move to become a serviced office space provider

    September 13, 2018

    It might be one of London’s oldest landlords, but the Grosvenor Estate is mulling a move into one of the property market’s newest trends. In a bid to cash in on the growing popularity of serviced office spaces, the Duke of Westminster’s Mayfair business confirmed it is weighing up the idea of challenging market giants such [...]

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