Number of AIM-listed firms sinks to lowest level since 2001 March 11, 2025 The number of companies on the Alternative Investment Market (AIM) has sunk to its lowest level since 2001 after a blitz exodus in the last 12 months. 71 companies departed London’s junior stock exchange since February 2024, according to data from UHY Hacker Young. The number of IPOs also fell to their lowest levels since [...]
How has the Eastern City BID impacted the growth of the City of London? March 11, 2025 Kate Hart, the Chief Executive of the Eastern City Business Improvement District, sat down to answer five questions with City AM.
New Morgan Supersport is here to take on the Porsche 911 March 11, 2025 Morgan has affixed a ‘Supersport’ badge to go-faster versions of its existing cars since 1927. However, after 98 years, the Supersport has become a model in its own right, replacing the Plus Six at the top of the Morgan range. With bold design, new technology and even somewhere to put your shopping, Morgan hopes the [...]
Newcastle United sponsor Sela opens London office with Olympics veteran March 11, 2025 Saudi sport and entertainment company Sela is launching an office in the capital with the backing of London 2012 veteran Sir Keith Mills. Sela delivered the Anthony Joshua vs Daniel Dubois fight at Wembley last year and is the main sponsor of Premier League club Newcastle United, who play in the Carabao Cup final on [...]
Manchester United reveal plans for Britain’s biggest stadium March 11, 2025 Manchester United have revealed plans to build Britain’s biggest stadium, a £2bn 100,000-capacity venue to replace Old Trafford that will sit at the heart of a “miniature city of the future”. New conceptual images of the venue show an “umbrella” canopy with three spikes, a nod to the prongs of the devil’s trident on the [...]
Unilever rushes to sell underperforming food labels as it focuses on ‘power brands’ March 11, 2025 Unilever will speed up the sale of its underperforming labels and focus on its 30 power brands, according to its chief executive. Fernando Fernandez said the FTSE-100 company would act at a “faster pace” and that the firm has around €1bn (£840m) of brands in its Foods Europe division, which “don’t fit well” with its company’s portfolio. [...]
Boohoo rebrands as Debenhams in shift to a marketplace model March 11, 2025 Boohoo will rebrand to Debenhams as it shifts to a marketplace model to house its brands in the first phase of its turnaround plan. Shares in the company dropped just over three per cent on the news. The Manchester-based company has been struggling with low sales for its youth brands—Boohoo, PLT, and MAN—posting a pre-tax [...]
Costain doubles dividend as pipeline jumps March 11, 2025 Costain has doubled its full-year dividend after reporting a record increase in forward work. On Tuesday, the London-listed construction firm said it would increase its dividend per share from 1.2p to 2.4p. Earnings per share also rose by nearly a fifth to 14.6p, up from 12.2p the year prior. It came as Costain’s forward work [...]
Exclusive: London Lions owner pledges ‘hundreds of millions’ for new arena March 11, 2025 The Lithuanian billionaire who rescued London Lions has revealed he is ready to spend “hundreds of millions of pounds” to build their new home. Tomas Okmanas, the co-founder of cybersecurity company Nord, said the purpose-built basketball arena – by far Britain’s biggest – could house up to 20,000 spectators. The plans were first announced on [...]
Kier Group shares tumble despite record orders March 11, 2025 Kier Group shares tumbled this morning despite the firm hiking dividends by a fifth and reporting a record £11bn order backlog. The London-listed group said it would pay investors an interim dividend of 2p, up 20 per cent from last year’s 1.67p. Kier Group’s record £11bn order book rose two per cent year-on-year and means [...]