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      ‘Defining moment’: UK’s largest train operator enters public ownership

      The Arterio trains are five years behind schedule due to a protracted dispute with unions over its safety, and a number of seperate faults.

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By: Simon Hunt

City Editor Simon Hunt is City editor at City AM, covering the economy and financial markets. He was previously business correspondent for the Evening Standard and a reporter for Bloomberg News.

All 564 Articles
  • Recruitment firms shutting at fastest rate since financial crash

    April 24, 2025

    Recruitment agencies are shutting for business at their fastest rate in fifteen years as companies tear up hiring plans amid rising taxes and global economic uncertainty. As many as 120 recruitment businesses have appointed liquidators in the past six months, a City AM analysis of insolvency disclosures has found, a jump of 17 per cent [...]

  • London juice bar chain Crussh enters liquidation

    April 23, 2025

    One of London’s best-known juice bar chains has entered liquidation, City AM can reveal, after the healthy drinks business faltered under squeezed consumer spending and a surge in costs and tax hikes. Wimbledon-based Crussh, which operated stores in Kensington, Soho and the Square Mile, has this week appointed Mayfair-based business recovery firm Voscap to act [...]

  • Jorginho-backed investing app Gather Being re-emerges from administration

    April 22, 2025

    An investing app backed by Arsenal star Jorginho has been re-launched after being put in administration, City AM can reveal. Gather Being, which was founded as Gather in 2019, was launched in the summer 2023 after the Italian midfielder acquired a 10 per cent stake. But within months the startup was issued a winding-up petition [...]

  • Businesses on the brink: Company closures surge amid fears over UK economy

    April 22, 2025

    Businesses across Britain are being shut down at a rate not seen since the financial crash, City AM has found, in a major warning sign for the health of the UK economy. More than 1,100 companies have faced winding-up orders in the first fifteen weeks of 2025, according to an analysis of published insolvency notices [...]

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