After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Why we need an ambassador for London May 13, 2024 London is the greatest city in the world, a mayor and a Lord Mayor aren’t sufficient to sing its successes on the international stage, says Eliot Wilson Two mayoral elections in three years have left London politics rancorous, mean and bitterly divided. The postponement of 2020’s election due to Covid-19 was inevitable, and, with a [...]
Sir Paul Smith takes aim at tourist tax as foreign shoppers ditch Mayfair for Milan May 12, 2024 Fashion legend Sir Paul Smith has joined the long list of business figures frustrated by the scrapping of VAT-free shopping for international visitors.
What is TfL’s Places for London, and is it really tackling the capital’s property crisis? May 11, 2024 TfL's property arm has been designed to generate a steady income for the transport body.
Selfridges to make redundancies at London HQ and hits out at ‘absence of a tax-free shopping’ May 9, 2024 Luxury department store Selfridges is to make around 70 redundancies at its London head office.
Profits steady at Frasers Group-owned Jack Wills after store closures and job cuts May 9, 2024 Profits remained steady at Jack Wills, the fashion brand owned by Mike Ashley's Frasers Group, as a raft of store closures and job cuts saw its revenue fall below £30m.
Kazakh billionaire offloads Mayfair property for £35m May 9, 2024 A Kazakh oligarch worth an estimated £5bn has sold his London mansion for just shy of £35m in one of the largest deals this year.
Cazoo preparing to enter administration as car retailer attempts to avoid collapse May 8, 2024 Cazoo has signalled its intention to enter administration and not ruled out winding up the company.
EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contracts May 8, 2024 EV courier Packfleet has informed workers of plans to sack 30 employed drivers and force them to become self-employed, City A.M. understands.
Monzo’s valuation rises as fintech giant bags £150m funding for US growth May 8, 2024 Monzo has raised $190m (£150m) in new funding, taking its total for the year to $610m (£490m) and raising its valuation to $5.2bn (£4.1bn), as the digital bank eyes up international expansion and a flurry of new products.
Plus500 shareholders reject bosses’ paypackets after proxy resistance May 7, 2024 Shareholders in fintech firm Plus500 have revolted against the multi-million pound paypacket of its two bosses today in the first major rebellion of a fractious AGM season marked by resistance over executive pay.