Avison Young loses over £100m for a second year as more jobs cut May 29, 2025 More than £100m has been lost for a second consecutive year by the UK and European arm of global commercial real estate services firm Avison Young as it continued to cut jobs, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2024, having posted the same total for 2023. [...]
Premier Miton: Asset manager faces tariff strain May 29, 2025 AIM-listed fund manager Premier Miton recorded a drop in its assets for the first half of the financial year, citing “investor caution, particularly toward UK and European equity strategies”. The firm’s assets under management dropped to £10.2bn, compared to £10.7bn in September 2024. Net outflows jumped to £254m, a sharp increase from £46m for the same [...]
Hiscox picks former Man Group boss as new chair May 29, 2025 Peter Clarke, the former CEO of Man Group, has been appointed to join Hiscox's board
Hollywood Bowl: Ten-pin bowling operator raises dividend May 29, 2025 Bowling and leisure operator Hollywood Bowl has reported stable trading as it targets a significant expansion in the UK. The company reported like-for-like revenue growth of 2.1 per cent in the six months ended March 31, with UK like-for-like total revenue up 1.3 per cent. It said revenue was dented by a late Easter and [...]
Tom Sellers: My message for Gen Z chefs May 29, 2025 Twelve years ago Tom Sellers, aged just 26, launched Restaurant Story. The fine dining restaurant in Bermondsey went on to land two Michelin stars and became one of the most sought-after meal tickets in the land. The menu, which revolved around stories from Sellers’ life, was a hit with both diners and critics, with dishes [...]
Mark Kleinman: AA float needs smart pricing to avoid breakdown May 29, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Here’s a candidate for toughest IPO mandate in the City: return the venerable AA, the UK’s biggest breakdown recovery service, to the public markets roughly five years after it was taken private for a fraction of [...]
The post-Buffett era is an opportunity for UK small caps May 29, 2025 Undervalued, small UK companies are ripe for Warren Buffett-style investing, says Edmund Hill-Smith Warren Buffett’s decision to step down as CEO of Berkshire Hathaway marks a historic turning point, not just for the company, but for global capital allocation more broadly. For over six decades, Buffett’s disciplined, value-oriented approach has steered billions into what he [...]
Revolut: UK is ‘entrepreneurial hub of Europe’ May 28, 2025 UK entrepreneurship has stormed ahead of its European rivals, according to findings from the region’s most valuable fintech company. Fresh data from Revolut’s business arm shows half of British businesses using its services are startups, a figure that dwarfs its European counterparts. Their closest rivals, the Netherlands and Ireland, sit at near 40 per cent. [...]
Crypto deals in sport up 20 per cent to over £400m May 28, 2025 Sponsorship of sports organisations by crypto brands has increased by 20 per cent to over £400m with football driving new business, new research shows. The $565m spent by the blockchain-anchored organisations in the past season is closing in on the 2022-23 peak, when $685m was spent (£508m), according to SportQuake data. Nearly two thirds – [...]
Gen Z investors reliant on LinkedIn and TikTok finfluencers for advice May 28, 2025 Gen Z has led the charge in a growing trend of using social media for investment advice, according to new data from Charles Schwab. Over 70 per cent of Gen Z use social media and financial influencers – dubbed finfluencers – when making investment decisions, the data suggests. LinkedIn was valued as the top social [...]