Maersk hikes guidance as shipping costs rise on Red Sea disruption June 4, 2024 Maersk has hiked its full-year earnings guidance amid strong demand and continued disruption in the Red Sea.
Royal Mail bidder Daniel Kretinsky: We’ll deliver a turnaround or ‘go home’ June 2, 2024 Daniel Kretinsky, dubbed the Czech Sphinx, has dominated City chatter over the past few weeks after tabling a £3.6bn takeover deal for Royal Mail.
Gousto founder Timo Boldt: How Al Gore helped my meal-kit maker open doors May 30, 2024 Every week, City A.M.'s Charlie Conchie sits down with the biggest names in tech, fintech and financial services. This week, it's Gousto founder Timo Boldt
Boots: Profit surges at British icon as owner mulls £7bn London float May 29, 2024 Historic pharmacy chain Boots has reported a surge in its pre-tax profit for its latest financial year amid reports its owner is considering a £7bn float in London.
Can Manchester United and Nice play in the Europa League despite Ineos ties? Yes, says firm May 28, 2024 Ineos has said they are “confident” of finding a solution to an issue that currently does not allow for both Manchester United and French club Nice to both play in the Uefa Europa League. The chemicals company owner Sir Jim Ratcliffe purchased a 27.7 per stake in Manchester united on Christmas Eve last year but [...]
Royal Mail owner finally delivers annual results… and news of an Ofcom probe May 24, 2024 Regulators have launched an investigation into Royal Mail after it delivered less than three quarters of first class post on time in the last year.
Marks and Spencer shares surge to the top of the FTSE 100 as it smashes analyst expectations May 22, 2024 Marks and Spencer has beaten analysts' expectations, posting a 58 per cent jump in profit before tax for the full year, as chief Stuart Machin reaps the benefits of the high street darling's turnaround plans.
Shoe Zone shares slump as store revenue continues to decline May 21, 2024 Shares in affordable footwear company Shoe Zone slumped by over nine per cent in early trade as the business fails to shake the hangover from its profit warning two months ago.
What can a plastic Christmas tree tell us about politics? May 21, 2024 A disappointing Christmas display led to the downfall of Boston’s Conservative council. It’s just one example of how independent candidates across the country are giving the big parties a run for their money by keeping their campaigns local, writes Adam Hawksbee Boston is best known as the Brexit capital of Britain. This corner of Lincolnshire [...]
Marks and Spencer: How the high street darling keeps breaking the internet May 20, 2024 Marks and Spencer is set to report its results this week and the market is expecting a strong showing from the retailer.