FTSE 100 rises again after bleak Black Friday November 29, 2021 London’s FTSE 100 has risen up slightly this morning after shedding 3.31 per cent on Friday amid the new coronavirus variant scares. The market movements come as the World Health Organisation and Coronavirus experts around the world called this morning for countries to drop travel restrictions and end mass hysteria – and instead be cautiously [...]
Marshall Motors shares fly more than 43 per cent after Webuyanycar takeover bid November 29, 2021 Car retailer Marshall Motors’ shares have surged more than 43 per cent this morning after receiving a takeover bid from its largest shareholder. The offer of 400p per share – or around £201m – comes from Constellation Automotive which owns a 64.4 per cent stake in the London-listed company. Constellation, which also owns Cinch and [...]
Powered by Darktrace and Wise: IPOs in UK jump 310 per cent in a year with 113 companies listing in London November 29, 2021 The number of initial public offerings (IPOs) on the UK stock market has jumped over 310 per cent in a year, with 113 companies listing in 2020/21 compared to just 36 in the previous 12 months, according to new data shared with City A.M. this morning. The market value of the companies listing has also [...]
Soho’s revival was a boon for the capital – the al fresco revolution must continue November 29, 2021 Eating outdoors with the sun beating down may feel like a distant memory now the nights have drawn in and the mercury has dropped. But we must not forget the critical role al fresco has played safeguarding countless jobs during throughout the pandemic. And what a joy it has been to walk around the West [...]
FTSE 100 firms lag in biodiversity efforts as net zero clutches full focus November 29, 2021 Just 25 FTSE 100 firms have undergone biodiversity audits, with the majority of London largest listed firms distracted by net zero, according to a new report shared exclusively with City A.M. While just 12 of these businesses assessed their biodiversity commitments across their supply chain. More than one in three companies on the index make [...]
UK antitrust chief relies on EU in global drive to regulate big tech November 26, 2021 The head of Britain’s antitrust watchdog said he plans to pick his battles with tech companies carefully as the EU takes a leading role.
Mayor of London slams planned tube strikes for putting women’s safety in the lurch November 25, 2021 Sadiq Khan has attacked tube workers’ plans for strike action tomorrow as he said services help London women “get home safely at night.” The Victoria, Central, Northern, Jubilee and Piccadilly lines will be affected as RMT drivers are urged not to clock in for work tomorrow from 4.30am. Transport for London has said the action [...]
George at Asda launches treasure hunt for second-hand Gucci items November 25, 2021 Supermarket Asda has teamed up with vintage wholesaler PreLoved, ahead of the anticipated release of Ridley Scott’s House of Gucci. Some 30 exclusive pieces have been hidden across 50 Asda stores across the country, with shoppers encouraged to hunt for second-hand items. Pieces will be on sale for as little as £12. With the latest [...]
Five big cryptocurrency trends to watch out for in 2022 November 25, 2021 Raymond Hsu, co-founder and CEO of Cabital discusses the developments that should shape cryptocurrency in 2022.
Vitol snaps up Vivo Energy in $2.3bn acquisition November 25, 2021 The Dutch company will take full control of the UK-based energy firm, which has a network of about 2,330 service stations across Africa.