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 [...]
Tenants will have to ‘accept higher rents’ June 16, 2024 “Tenants are just going to have to accept higher rents as there’s no property available”, a fund manager told City A.M.
Superdry avoids insolvency after shareholders approve £10m lifeline June 14, 2024 Superdry has avoided insolvency after shareholders voted to approve a £10m lifeline today.
Raspberry Pi extends gains after London listing as retail investors start trading stock June 14, 2024 Sahres in Raspberry Pi have accelerated their gains after retail investors started trading the computer firm's stock, which made its London Stock Exchange debut earlier this week.
Clintons: Card giant axes stores and hundreds of staff as it slips back into the red June 13, 2024 Gift card giant Clintons has fallen back into the red after laying off hundreds of staff and closing more than 50 UK stores, as its owners grapple with its customers' changing shopping habits.