Ocado shares jump after firm hikes sales outlook on M&S joint venture September 19, 2024 Ocado shares jumped more than 10 per cent in early deals this morning after the company hiked its sales guidance. The retail arm of the London-listed group, Ocado Retail, a 50:50 joint venture between Ocado Group and Marks & Spencer Group, reported revenue growth of 15 per cent in the 13 weeks to 1 September [...]
M&S chair Archie Norman blames pension funds for London stock market’s troubles June 9, 2024 City veteran Archie Norman has hit out at pension funds for not investing enough in UK companies, partially blaming them for the decline of London's stock market.
Election 2024: All City A.M.’s winners and losers of the campaign trail this week June 1, 2024 Whether it’s stump speeches, policy implosions or just political gaffes, we’re bringing you the highs and lows from all parties.
M&S aims to launch banking and loyalty ‘superapp’ in long-term commitment to financial services March 17, 2024 Marks & Spencer (M&S) is reportedly close to a seven-year agreement with HSBC to overhaul its banking division as a financial services and loyalty "superapp".
Henri in Covent Garden by Jackson Boxer is City A.M,’s London restaurant opening of the week August 1, 2024 City A.M.’s new London restaurant opening of the week is Henri in Covent Garden WHAT’S THE DEAL WITH HENRI?This Covent Garden opening unites one of the most exciting bar groups and one of the most exciting chefs. The Experimental Group — behind the Experimental Cocktail Club bars in London, Paris and beyond — are on [...]
M&S reinstates dividend and CEO Stuart Machin promises he’s not done yet November 8, 2023 Marks and Spencer (M&S) racked in hefty profits during the half year, as the firm’s reshaping programme continues to show signs of paying off. The Percy Pig maker posted profit before tax of £360.2m up nearly £100m on last figures of £205.5m. M&S also reported a 14.7 per cent rise in food sales as its [...]
Election 2024: Michael Gove backs City A.M.’s ‘Build Baby Build’ campaign June 20, 2024 Outgoing housing secretary Michael Gove has thrown his weight behind CityAM’s ‘Build Baby Build’ campaign ahead of the July 4 general election.
M&S shares: Retailer set to take Christmas crown after bumper festive season January 8, 2024 M&S will update investors on Christmas trading on Thursday as the high street darling is expected to once again dazzle markets with a stellar performance.
M&S pension scheme faces hefty losses as FCA probes Home REIT sister fund April 24, 2024 The M&S pension scheme is facing huge potential losses after pumping cash into a Home REIT sister fund that is now under investigation by the Financial Conduct Authority (FCA), City A.M. can reveal.
FTSE 100 reshuffle: M&S in, Abrdn out, but who else is coming and going? August 29, 2023 As the reshuffle of the FTSE 100 index approaches, several firms are vying for a coveted spot among the UK's top-tier stocks.