Hydrogen specialist ITM Power quadruples revenues as turnaround plan delivers January 31, 2024 Hydrogen energy storage company ITM Power has quadrupled revenues and cut losses one year on from the adoption of a company-wide transformation plan. The hydrogen energy storage company reported that revenues for the six months period ending October 2023 came up to £8.9m from £2m year-on-year while adjusted EBITDA loss was slashed from £54.1m to [...]
GSK split seems to be paying off as vaccines drive upgraded profit guidance January 31, 2024 "We are now planning for at least 12 major launches from 2025, with new Vaccines and Specialty Medicines for infectious diseases, HIV, respiratory and oncology," Emma Walmsley, chief executive at GSK said.
What does the Brexit legacy mean for the Conservatives? January 31, 2024 The reality of Brexit, for good and ill, is being felt by businesses across the country. But the most fundamental impact of the vote remains the one it had on the Tory party.
China’s January factory activity contracts again, dimming economic recovery prospects January 31, 2024 China's manufacturing sector, while showing slight improvement in January, sustained its fourth consecutive month of contraction despite government efforts to boost growth and weak demand, clouding the country's economic recovery outlook.
Labour: We’ll ‘unashamedly champion’ financial services as party plots rulebook reform January 31, 2024 Labour have promised to reform the City's rulebook to give financial services the support it needs to be competitive on the global stage
Rachel Reeves and Sadiq Khan tell City A.M. readers: ‘When you succeed, we all succeed’ January 31, 2024 Rachel Reeves and Sadiq Khan tell City A.M. that Labour will put the full weight of government behind the City and financial services
Nvidia ranked second most popular stock by UK retail investors – but who came top? January 30, 2024 US chipmaker Nvidia was the second most popular buy among UK retail investors this month - but what was the most popular stock?
IMF: Germany to be weakest major economy in 2024 while UK downgraded again January 30, 2024 In 2025, the IMF expects growth in the UK to pick up to 1.6 per cent, predicting that disinflation would allow "an easing in financial conditions" and real income growth.
Revealed: FCA hikes pay to fend off pull of the private sector January 30, 2024 The Financial Conduct Authority is set to hike pay across the board this year as it looks to pull in more staff from the private sector and fend off pressure from unions, City A.M. can reveal.
The Glory had so much other London gay bars didn’t – its loss is very sad January 30, 2024 The Glory closes its doors tomorrow after 10 years as a stalwart of the London gay scene