Harrods stocks padel brand for first time as sport booms August 14, 2025 Harrods has stocked a padel brand for the first time as the racket sport continues to expand across the United Kingdom. Pulco, a UK-based apparel brand, will be stocked in the iconic Knightsbridge department store with the collections designed in the capital. “We are incredibly proud to be the first padel apparel brand at Harrods,” [...]
Centrica: British Gas owner’s shares rise after £1.5bn deal revealed August 14, 2025 Shares in Centrica, the FTSE 100 owner of British Gas, have jumped after it joined forces with Energy Capital Partners (ECP) to snap up Europe’s largest liquefied natural gas (LNG) terminal for £1.5bn In a statement issued to the London Stock Exchange, Centrica hailed its bumper acquisition of the National Grid’s Grain LNG, which stores [...]
‘I was told to hide my age so clients would trust me’: Motorway CFO Liz Kistruck August 14, 2025 We dig into the memory bank of the City's great and good. Today, it's Liz Kistruck, Motorway CFO and former Expedia exec.
Corinthia London: Profit slashed at five-star hotel despite revenue spike August 14, 2025 Profit has been slashed at five-star hotel Corinthia London despite its revenue spiking by 80 per cent, it has been revealed. The hotel, which is located on the corner of Northumberland Avenue and Whitehall Place, has posted a pre-tax profit of £67,600 for 2024, new accounts filed with Companies House show. The figure is down [...]
‘Wonderfully weird’: 7 of the best Edinburgh Fringe shows to book now August 14, 2025 City AM’s theatre writers have been catching the very best of the shows at the Edinburgh Fringe festival. We’re only reviewing productions with London transfers in the autumn, so if you can’t make it to Edinburgh this August, everything you read here is coming to the capital at a later date. From Fleabag to Flight [...]
Gatwick profit jumps after boost to passenger numbers August 14, 2025 Gatwick airport has reported a double-digit rise in profit in the first half of 2025, driven by a boost to passenger and aircraft traffic volume. Total revenue reached £491.4m in the first half of the year, up 0.7 per cent from 2024. Adjusted revenue – accounting for two “large one-off elements” which occurred last year [...]
David Beckham-backed Guild Esports put up for sale on insolvency marketplace August 14, 2025 An esports company backed by David Beckham has been put up for sale on an insolvency marketplace, City AM can reveal. Guild Esports, which owns a multi-story gaming venue in Shoreditch, is seeking offers from prospective buyers with a bid deadline of Friday. Founded in 2018, the company employed esports teams which competed in popular [...]
PensionBee gathers momentum in the UK and US August 14, 2025 Retirement savings app Pensionbee maintained strong momentum in the first half of the year, expanding its UK reach while laying foundations for US growth. The London-listed fintech reported a revenue jump to £18.9m, up from £15.4m a year earlier. The firm improved its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) basis to £2.9m. [...]
Student digs giants Unite and Empiric to merge August 14, 2025 Student accommodation provider Unite Group has agreed to an over £700m deal to acquire competitor Empiric Student Property
Rank Group: Grosvenor casino owner posts strong profit as UK gambling reforms boost outlook August 14, 2025 Grosvenor casino owner Rank Group has posted a sharp jump in profit on the back of double-digit growth across its venues and online arm, with fresh government gambling reforms set to boost future earnings. For the year to 30th June 2025, like-for-like net gaming revenue climbed 11 per cent to £795.3m, while underlying operating profit [...]