B&M: FTSE 250 shares plunge as profit and job cuts revealed June 4, 2025 Shares in B&M have plunged by more than ten per cent after the retailer revealed a lower profit, rising debt and job cuts. The Liverpool-headquartered company, which is a member of the FTSE 250 index, reported a pre-tax profit of £431m for the 12 months to 29 March, 2025, down from the £498m it achieved [...]
Credit Suisse seeks $440m Greensill Capital losses from SoftBank June 4, 2025 Four years after Greensill Capital collapsed, Swiss lender Credit Suisse's $440m legal battle against SoftBank is set for showdown at London's High Court
This new London rooftop bar offers incredible views of the city June 4, 2025 A new London rooftop bar located in Holborn is the latest way to indulge in some sky-high drinking and dining. La-Yam is open now and offers views of St Paul’s, the Shard and the City. The 200-person capacity space is eight floors above Holborn Tube. The rooftop will offer Sunday roasts, DJs on Friday nights [...]
The real reason young Albanians like me are coming to the UK illegally June 4, 2025 Growing up in Kukes in northern Albania, one of the poorest places in Europe, Gezim Hilaj watched as most of the young people he knew crossed to the UK in small boats. Here he argues that Keir Starmer’s return hubs won’t stop more Albanians doing the same In 2019, while I was studying hard to [...]
Spending Review: Athletes urge Starmer and Reeves to back London 2029 bid June 4, 2025 Keely Hodgkinson, Sir Mo Farah and Dame Jessica Ennis-Hill are among more than 100 athletes who have urged the government to back London’s bid to host the 2029 World Athletics Championships in its Spending Review. The plea for funding, in an open letter addressed to Prime Minister Sir Keir Starmer, comes ahead of Chancellor Rachel [...]
Phone Marking Sessions Helping Combat Mobile Theft June 4, 2025 Five City Business Improvement Districts and City Business Partnership have partnered with the City of London Police to run free phone marking events to help combat the increase in mobile phone theft. To make stolen phones traceable and strengthen the criminal case against thieves when arrested, these discreet and unique stickers help police to quickly [...]
Canva boss warns Gen Z about future of the workplace at SXSW London June 4, 2025 A senior leader at Canva, the world’s most-used design platform, has used an appearance at the SXSW London event to warn Gen Z about Gen Alpha and the future of the workplace. Canva’s Head of Europe Duncan Clark suggested that current Millennial and Gen Z workers should already be thinking about how to work effectively [...]
WH Smith nears sale of high street chain as revenue rises June 4, 2025 WH Smith has confirmed it remains on track to sell its high street division to the owner of Hobbycraft by the end of the month. In March, the FTSE 250 company announced it had agreed to offload the arm to private equity firm Modella in a deal which valued it at £76m. When complete, the [...]
Ninety One: Asset manager hopeful of ending years of outflows June 4, 2025 Ninety One was hopeful of ending years of fund outflows after the FTSE 250 firm recorded a positive second-half performance. The asset manager, which is based in London and Johannesburg, has recorded only a single year of net inflows since its 2020 flotation after clients pulled a combined £25bn from the firm. But on Wednesday, [...]
Kennedys breaks through £400m global revenue barrier June 4, 2025 Kennedys reported its 11th consecutive year of growth, with the latest results showing revenue surpassed £400m for the first time