Oh Shein! Fast-fashion giant hit with legal action in London by competitor June 19, 2024 Chinese founded Shein and its entities have been slapped with a lawsuit in the English High Court by its UK competitor Oh Polly
End of an era: The man behind Canary Wharf’s rise to step away after 36 years June 19, 2024 Canary Wharf chairman Sir George Iacobescu is to step down as chair of the developer
Buy-now pay-later firm Zilch raises £100m debt ahead of hotly-anticipated public listing June 19, 2024 London fintech Zilch has raised £100m in securitised debt financing in a deal arranged by Deutsche Bank ahead of a hotly-anticipated public listing.
Hargreaves Lansdown ‘willing to recommend’ £5.4bn CVC-led takeover to shareholders June 18, 2024 Hargreaves Lansdown has said it is ready to recommend a takeover to its shareholders today after a group of private equity bidders led by CVC rounded again with a fourth non-binding cash offer for the firm.
One of Russia’s top food retailers cancels London listing June 18, 2024 O'Key group pulled out of London this morning, after notifying markets about its intention to do so last month.
Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors
Superdry’s restructuring plan receives court approval as retailer tries to avoid administration June 17, 2024 Troubled fashion retailer Superdry has received court approval for its restructuring strategy as it looks to avoid administration.
Kingfisher: Former Tesco exec heads for big role at B&Q owner June 17, 2024 A former-Tesco exec is set to join the leadership team at Kingfisher, which owns B&Q and Screwfix, following the resignation of its chief financial officer Bernard Bot.
On the 200th birthday of the pint and after Euro 2024, let’s pour beer duty down the sink June 17, 2024 As you’re enjoying the Euro 2024 Championships in Germany don’t forget how much the taxman is hitting each and every pint you drink. So on the 200th birthday of the pint measurement it is time the political parties help us all out, on both sides of the bar, writes Emma McClarkin OBE, British Beer and [...]
Yes in my backyard! It’s time to get London building June 17, 2024 In JG Ballard’s High-Rise, life in a pseudo-luxury tower block disintegrates into atavistic violence with residents of different floors battling for territory and against the rigid class divisions the building itself imposes on them. London hasn’t quite reached this stage, but like all dystopias the novel magnifies a basic truth – that the urban environment [...]