Start-up boom or doom? How this year could spark the UK’s business appetite January 9, 2025 For many, the new year is a time to celebrate leaving the stress of our past behind – kickstarting a number of resolutions designed to spark a sense of optimism in the months ahead. But that sense of hopefulness can only last for so long when the dreaded sense of reality soon finds its way [...]
De La Rue: Bank of England supplier’s stock surges on takeover offer January 9, 2025 Bank of England supplier De La Rue has received a £246m takeover offer, according to reports, sending its stock price surging more than 12 per cent. The banknote printer has been offered 125p a share in a conditional offer, roughly 25 per cent higher than its stock price before the news, by companies founded by [...]
The Wolseley: Group behind high-end London restaurants eyes new openings January 9, 2025 The group behind some of London’s best-known restaurants is looking to open new locations at home and abroad. The Wolseley Hospitality Group, which is owned by Minor Hotels, currently operates nine high-end restaurants in the capital: The Wolseley, The Delauney, Brasserie Zedel, Colbert, Fischer’s, Belanger, Soutine, Manzi’s and The Wolseley City. The strategy update has [...]
Greggs: Sausage roll-maker passes two milestones despite ‘subdued’ footfall January 9, 2025 Greggs reported a record-breaking year in 2024 as the sausage-roll maker surpassed two key milestones, but warned on headwinds in 2025 after “subdued” footfall. In an update to markets today, the high street bakery reported an 11.2 per cent uptick in total sales, which sprung the company upwards of its sales milestone of £2bn. However, [...]
The femtech revolution is just getting started – but who are the real winners? January 9, 2025 What is so revolutionary about femtech? A once-niche term that, since coined by entrepreneur Ida Tin in 2016, has become synonymous with the future of healthcare and technology. The concept quickly struck a chord with the broader healthtech landscape, tapping into an underserved market for women’s health. The industry has witnessed exponential growth over the [...]
‘The corporate world just isn’t me’: Flight Club boss Steve Moore on building a hospitality empire January 9, 2025 Each week we dig into the memory bank of the City’s great and good. Today, it's the entrepreneur behind Flight Club, Red Engine CEO Steve Moore.
The Capitalist: WFH rows, Zuck’s new watch and the City’s Tesco habits revealed January 9, 2025 WFH causes a ruckus, Zuckerberg's eye-catching watch and the nation's favourite meal deal: catch up on the latest gossip in The Capitalist.
Reed Smith: US law firm appoints real estate veteran as London managing partner January 9, 2025 US law firm Reed Smith has appointed a real estate partner to take over from Andrew Jenkinson, who held the leadership position since 2015
Mark Kleinman: Ratcliffe’s cost-cutting results in Manchester Disunited January 9, 2025 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles Ratcliffe’s own goal, Shawbrook setting the tone and a FTSE 100 Doomsday clash over pay Ratcliffe’s cost-cutting results in Manchester Disunited Sir Jim Ratcliffe might not like to admit it, but 2024 [...]
Financial M&A surges as banks and insurers hunt for scale January 8, 2025 A wave of banking and insurance tie-ups pushed the volume of UK financial services dealmaking to its highest level in more than a decade last year, new figures show. After a slowdown in 2023, mergers and acquisitions (M&A) activity in the UK’s financial services industry rebounded last year with a 26 per cent year-on-year increase [...]