Fergie time: Sale Sharks bring in Manchester United LEGEND before Premiership final May 23, 2023 Premiership rugby team Sale Sharks have received a pep talk from legendary Manchester United manager Sir Alex Ferguson ahead of Saturday’s final against Saracens, City A.M. can reveal. The 81-year-old, who won 25 major titles with United, visited Sale on T to speak to players before their first Premiership final since 2006 on Saturday at [...]
Rich list: Richard Branson and Rishi Sunak see fortunes shrink – but who are the wealthiest Brits now? May 19, 2023 The billionaire Hinduja family have topped the Sunday Times Rich List for the second year in a row as their fortune jumped by more than £6 billion. Gopi Hinduja and his family, which is behind the Indian conglomerate Hinduja Group, were named as Britain’s richest just days after Mr Hinduja’s brother Sri died. For the [...]
Rugby World Cup Barometer: Ford wading way into England squad? May 18, 2023 In the lead up to the 2023 Rugby World Cup, City A.M. has put together a barometer in partnership with City Index to assess whose form is hot – and whose is not – in the race to be part of the tournament in France later this year. Player of the week: George Ford, England [...]
FTSE 100 close: HSBC and Lloyds lead gains on London index as Turkish lira slides after inconclusive election May 15, 2023 London’s FTSE 100 kicked off a new week in decent style today, led higher by Britain’s largest banks clocking strong gains. The capital’s premier index advanced 0.30 per cent to 7,777.69 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.37 per cent to [...]
Currys share price soars as profit guidance lifted after trading ‘better than expected’ May 15, 2023 Currys has lifted its prospects for the rest of the year, saying its profit before tax is expected to be £110-120m, up from previously around £104m. Shares in the retailer jumped almost six per cent to 59.45p following the announcement this morning, to their highest level since early April. Currys, which sells everything from computers [...]
We shouldn’t be running out of tomatoes because we can’t sort out our supply chains May 5, 2023 Over the last month, bad weather in Europe and Northern Africa led to certain salad items being in short supply across the UK. Leading supermarkets, including Tesco’s, Morrisons, Aldi and Lidl all limited the number of tomatoes, peppers and lettuce that consumers can buy. Product shortages aren’t necessarily unusual, but since the pandemic, they have [...]
Spoiler: King Charles won’t remember the corporates who wished him good luck May 3, 2023 King Charles's coronation is round the corner, but businesses shouldn't feel like they must say something about it at all costs. Sometimes the best PR strategy for corporates is staying quiet, writes Simon Neville
Only five UK retailers issued profit warnings in first leg of 2023, but experts warn of challenges April 24, 2023 Only five UK retailers raised concerns about their profits in the first leg of 2023. However, the sector has warned that challenges remain for shops and the high street. According to data by accountancy firm EY, the number of profit warnings issued by retailers fell by 44 per cent in quarter one compared to the [...]
Quiche is no Coronation dish – a corgi could have chosen better April 23, 2023 Oops, I’ve let my imagination gets the better of me. Deep in my subconscious mind, I’m desperately ravaging a Beef Wellington; my ever-sweet tooth eager to tuck into the final course of an imaginary feast and scoff the non-existent Peach Melba that doesn’t await me. Already I’m regretting the invented brunch of omelette Arnold Bennett [...]
Two pints at the Tesco? Supermarket to open a London pub for coronation weekend April 20, 2023 Tesco will open a pub for the King’s Coronation right in the heart of the City as it aims to dish out affordable pints to cash strapped boozers over the bank holiday weekend. Located in London’s Farringdon, on 61 Cowcross Street, The King in the Castle, will offer a Coronation-themed menu featuring products such as [...]