Let’s be honest, Tesco making big profits is a good thing April 18, 2024 Instead of criticising Tesco for having a bumper year, we should praise it for providing cheap food and jobs for millions, says Matthew Lesh There’s an unorthodox tourist sight that I always tick off on trips abroad. It’s not that I don’t check out the historic squares, the museums and galleries or even the nightlife. [...]
The next Mayor must extend the Night Tube April 17, 2024 The Night Tube only covers half of lines and doesn’t run on a Thursday – the busiest night for socialising in the City. Extending it would get London nightlife back on track, says Mimi Yates If you’ve attempted a night out in the capital recently, you’ll recognise the scenario. After a few pints in the [...]
Easyjet founder’s charity hands out £300k to three budding entrepreneurs April 17, 2024 A new UK competition, set up by the founder of Easyjet, Sir Stelios Haji-Ioannou, has just awarded a total of £300k to three young entrepreneurs on a mission to contribute to growth and job creation. The Stelios Philanthropic Foundation, established by the Greek-Cypriot entrepreneur, held its inaugural Young Entrepreneurs Awards yesterday in one of the [...]
UK failing to fight ‘dirty money epidemic’ costing £350bn a year, MPs warn April 17, 2024 The UK is “utterly failing” to fight the “dirty money epidemic” that is costing £350bn a year, MPs have warned.
Majority of top athletes back ban on trans athletes in female categories April 17, 2024 A majority of female athletes have backed sport categorisation based on biological sex rather than gender identity in a survey on transgender inclusion. The survey of 175 top level athletes saw a majority support the move in contact and endurance sport. Over 75 per cent of those who were classed as world-class athletes backed biological [...]
Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group April 16, 2024 In the letter, which City A.M. has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."
Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat April 15, 2024 Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores.
UK markets are ‘generationally mispriced,’ says youngest investment trust manager April 15, 2024 Laurence Hulse, manager of the Onward Opportunities trust, led the first float of an investment trust since 2021 last year.
Abrdn and two more City giants shun Sizewell C nuclear project April 15, 2024 The government is currently the majority shareholder and is currently investing a total of £2.5bn in financial support for the project.
Peter Cowgill: Former JD Sports boss set to take stake in Applied Nutrition April 14, 2024 The former boss of JD Sports is eyeing a stake in Applied Nutrition, the budding sports nutrition company which is eyeing a flotation on the London market.