KPMG UK and partner fined over £1m after probe into Carr’s audit June 12, 2025 KPMG was hit with sanctions over an audit of a London-listed farm supplies company following the regulator's finding of "serious" breaches
Bob Bob Ricard boss: ‘Champagne is in our DNA’ June 12, 2025 Bob Bob Ricard has become that incredibly rare thing: a London restaurant that hasn’t been forced to close. It has outlasted a financial crash, a pandemic and a cost of living crisis, all because it is very, very good. The dining room is designed to make you feel like you’re careering through Europe on an [...]
Dignity: Funerals giant returns to profit after ditching London and shedding hundreds of jobs June 12, 2025 Funerals giant Dignity retuned to profit in its first full year since ditching the London Stock Exchange as it shed hundreds of jobs. The Sutton Coldfield-headquartered group delisted in May 2023 after it accepted a £281m cash offer to sell itself to a group of investors in January. Dignity was established in 1994 and listed on the [...]
Wincanton: Losses double as GXO takeover decision drags on June 12, 2025 Losses at Wincanton have doubled after leaving the London Stock Exchange as a decision over its acquisition by GXO has still yet to be made. The Wiltshire-headquartered business slipped into the red for the first time in more than 20 years in the year to 31 March, 2024 – posting a pre-tax loss of £44.9m. [...]
How to earn £15,000 during Queen’s and Wimbledon Championships June 12, 2025 Walk out of Barons Court tube station – via your preferred District or Piccadilly line train – turn right and within 100 yards you’ll see the HSBC red colour scheme branded across a sign that welcomes you to Queen’s Club. Because this and next week, in the leafy London Borough of Hammersmith and Fulham, the [...]
Pod Point valued at £10.6m as EDF set to takeover June 12, 2025 Struggling Pod Point is to be taken over by France’s EDF in a deal that values the company at just £10.6m. The London-listed chargepoint provider had a market capitalisation of £352m when it began trading on the stock exchange in 2021. EDF will take full control of the group via the transaction, having previously held [...]
Nvidia’s Jensen Huang: ‘Praise and promise are useless’ without UK AI infrastructure June 12, 2025 “Praise and promise are completely useless” without AI infrastructure, Nvidia’s chief executive, Jensen Huang, told City AM when asked about the effusive comments he made on Britain’s AI capabilities just a couple of days prior. At London Tech Week on Monday, the tech heavyweight dubbed ‘AI godfather’ lauded the UK’s AI talent, but flagged a critical lack [...]
Crest Nicholson: Profit triples as housing market recovers June 12, 2025 Housebuilder Crest Nicholson has reaffirmed its annual guidance as it reported a jump in half-year profit. The London-listed firm said adjusted pre-tax profit more than tripled to £7.9m in the six months ended 30 April. On a statutory basis, the company swung to a £9.4m profit after posting losses of £30.9m in 2024. Revenue declined [...]
Sam Renouf: From athlete to CEO and City AM Triathlon Team Challenge June 12, 2025 The CEO of the Professional Triathletes Organisation (PTO), Sam Renouf, on his journey from athlete to founder and launching the City AM Triathlon Team Challenge. Sam Renouf knows exactly when he realised he had to give up on his dream of becoming an Olympic champion. A rising star in the British triathlon set-up, the 21-year-old [...]
Law isn’t like other professions; misusing AI may put lawyers in jail June 12, 2025 Lawyers were slapped with the reality that when AI goes wrong, they will be liable for it, and may face serious consequences