It’s a strike for Hollywood Bowl as record revenue drives continued expansion plans October 14, 2025 Hollywood Bowl is rolling into its new financial year on a high after reporting record revenues and pre-tax earnings. The Hemel Hempstead-based bowling and entertainment business saw its shares lift after it reported a 6.4 per cent rise in revenue to £212.4m for the year to end September. The firm said its earnings before interest, [...]
Issa brothers finally repay EG Group loan used to buy private jet October 14, 2025 The Issa brothers have finally repaid the huge loan they borrowed from their own forecourt and retail empire to buy a private jet, City AM can reveal. The billionaire duo had owed as much as $41m (£31m) to EG Group via an Isle of Man-based company they controlled called Clear Sky 2, which was used [...]
Big jump for Big Yellow shares as Blackstone eyes takeover bid October 13, 2025 Shares in Big Yellow rocketed on Monday morning after it emerged the London-listed business could be in line for a takeover from real estate investment giant Blackstone. In a statement, the self-storage firm confirmed Blackstone was “considering its position in relation to the company, which could include a cash offer for the entire issued, and [...]
Astrazeneca vows to lower US medicine prices after pressure from Trump October 13, 2025 Astrazeneca has bowed to pressure from US president Donald Trump to lower the cost of its medicines for patients in America. The Cambridge-based pharma giant said it will provide direct-to-consumer sales to eligible patients with prescriptions for chronic diseases at a discount of up to 80 per cent off list prices, alongside participating in the [...]
Hiking VAT would have ‘serious negative impact’, economists warn Reeves October 10, 2025 A hike to VAT would “have a serious negative impact” on the UK, leading economists have warned, as the chancellor weighs which taxes to put up at next month’s Budget to plug a £30bn shortfall. An increase in the sales levy would have the biggest negative impact of any major tax rise, leading to a [...]
FTSE 100 Live: Ibstock shares tumble, Princes confirms £1.5bn London IPO October 10, 2025 Good morning from the City AM liveblog team. JP Morgan boss Jamie Dimon has joined the chorus of warnings over an AI-driven market boom that some fear could go the way of the dot-com crash. Speaking from Bournemouth, where the bank announced a £350m investment in its local campus, Dimon described himself as “far more [...]
Crispin Odey, Michael Jackson, Sara Murray and the secret offshore trusts October 10, 2025 A question: What connects disgraced financier Crispin Odey with serial tech entrepreneur Sara Murray? For one thing, they’ve both been ousted by their own companies – a rare, noteworthy feat. For Odey, it was from his eponymous Odey Asset Management, following an investigation by the FT into allegations of sexual misconduct. For Murray, it was [...]
Keir Starmer vows to cut red tape for pubs to ‘bring the buzz back’ to high streets October 9, 2025 Keir Starmer has vowed to cut red tape for pubs in a bid to revitalise the ailing hospitality industry following a spate of venue closures. The prime minister has unveiled a four-week “blitz” survey of landlords, customers and neighbours, in a review expected to result in a bonfire of old licensing rules, amid fears some [...]
FTSE 100 Live: Lloyds and HSBC stock tumble drags index into red October 9, 2025 Good morning from the City AM liveblog team. While the FTSE has been on a tear since the start of the year, there’s no denying that the glittering allure of gold is the real asset that investors can’t turn their eyes away from. A flurry of political drama across several major economies has reignited fears [...]
Big Technologies board made ‘outrageous allegations’ about me, says ousted founder October 9, 2025 The founder of a London-listed tech firm has hit back after she was ousted by her own board, describing misconduct allegations levelled against her as “outrageous.” In a rare public intervention following her dismissal from Big Technologies earlier this year, Sara Murray told City AM she felt shareholders “are just fed up with the decisions [...]
