Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors
FTSE 100 today: London markets to open higher amid firm global cues June 18, 2024 Asian stocks mirrored Wall Street's gains. Focus on US retail sales, Fed officials' speeches, UK inflation, and Bank of England decision.
‘Heartbroken’: Major buy-now pay-later firm collapses after failing to find a buyer June 17, 2024 Buy-now pay-later firm Laybuy has collapsed into receivership today after efforts to find a rescue buyer failed.
Superdry’s restructuring plan receives court approval as retailer tries to avoid administration June 17, 2024 Troubled fashion retailer Superdry has received court approval for its restructuring strategy as it looks to avoid administration.
Petrol prices: Supermarkets accused of using election ‘distraction’ to keep prices high June 17, 2024 The RAC said prices are "far higher than they should be."
China faces uphill battle for recovery amid mixed economic data June 17, 2024 China faced several economic challenges in May, notably with industrial output growth falling short of expectations.
FTSE 100 today: London markets set to open lower as global sentiment deteriorates June 17, 2024 Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.
Bank of England to take centre stage for markets amid continuing fallout from Macron’s gamble June 16, 2024 In the last week alone BNP Paribas and Credit Agricole have lost around eight per cent while Societie Generale has lost nearly 11 per cent.
Superdry avoids insolvency after shareholders approve £10m lifeline June 14, 2024 Superdry has avoided insolvency after shareholders voted to approve a £10m lifeline today.
Exclusive: Laybuy teetering on the edge of collapse as rescue buyer fails to materialise June 14, 2024 Buy-now pay-later firm Laybuy is teetering on the edge of collapse after efforts to find a rescue buyer have so far failed, City A.M. understands.