Virgin Media 02 to spend millions upgrading its mobile network March 11, 2025 Virgin Media has announced a £700m investment this year to improve mobile reliability and boost speed for its UK customers. This investment will also help the broadband giant to strengthen its 4G and 5G coverage in rural areas. As part of its mobile transformation plan, the firm plans to roll out thousands of upgrades, including [...]
Mark Kleinman: Football watchdog search approaches injury time March 6, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. Today, he tackles the football watchdog search, big pay at GSK and CityFibre’s M&A warchest Football watchdog search approaches final whistle They think it’s all over. To paraphrase the immortal line of Kenneth Wolstenholme, the 1966 World [...]
Jonathan Reynolds relaunches trade deal talks with India February 24, 2025 The UK has relaunched talks on a free trade deal with India, with Jonathan Reynolds in New Delhi to resume negotiations. The business and trade secretary begins refreshed discussions with his Indian counterpart commerce minister Piyush Goyal in the South Asian capital today (Monday, February 24), marking a new phase of negotiations between the world’s [...]
The most romantic restaurants in the City February 6, 2025 I’ve never met the intrepid Mr Gordon Ramsay, yet our lives have been semi-entwined for over two decades. During his initial peak in the noughties, as I began my own career, I recall my first experience dining in his The Londoner restaurant in NYC, where a maitre d’ complete with Dick Van Dyke accent greeted [...]
Vodafone shares slump as headwinds grow in key German market February 4, 2025 Vodafone shares have plunged more than six per cent in early trade this morning after the FTSE 100 giant reported its third-quarter results. While the group reported overall service revenue growth of 5.2 per cent in the third quarter, beating the average analyst estimate of 4.2 per cent, it noted the migration of 1&1 customers [...]
Can England win the Six Nations Grand Slam? No reason why not February 1, 2025 Serious question: Can England win the Six Nations grand slam this year? To believe it you’ve first got to seriously back Steve Borthwick’s side not to be complete and utter nonsense, and then you’ve also got to have faith that England and their players can actually play a brand of rugby to wound lethal opponents. [...]
BT appoints chief for new UK-centric business arm as revenue dips January 30, 2025 BT has appointed a CEO for its new UK-centric BT Business, at the same time as reporting a dip in revenue due to tough trading outside of the UK. BT’s share price fell just over four per cent in early trades. Jon James will be appointed a CEO of BT Business in March, and it [...]
Major lifeline for Wembley Park developer after huge losses January 23, 2025 The developer behind London’s Wembley Park transformation has secured a huge funding boost just months after losses of more than £700m were revealed. Quintain has completed the refinancing of London Designer Outlet and build-to-rent development Ferrum at the site with a £233.6m loan from Bank of America. The deal comes after City AM reported in [...]
Google Cloud flies in Microsoft and Accenture veteran for UK and Africa expansion January 8, 2025 Google Cloud has appointed a former Microsoft corporate vice president and 25-year Accenture veteran as vice president for the United Kingdom, Ireland (UKI) and Sub-Saharan Africa, as the tech giant looks to bolster its presence. The tech behemoth shared the news on Tuesday, with Maureen Costello taking charge of sales strategy and operations across the [...]
City grandees named in the New Year Honours list 2025 December 31, 2024 Former HSBC boss Noel Quinn, Babcock chair Ruth Cairnie and the Network Rail chief executive Andrew Haines are among the big names from business and industry to be included in the New Year Honours list for 2025. The trio of heavyweights were given knighthoods and a damehood for their services to industry, transport and financial [...]