Worst corporate jargon of the week: Blue sky thinking March 28, 2024 City A.M.'s stand against corporate jargon this week takes aim at blue sky thinking, domain of self-help gurus who we'd rather see on Mars.
Why UK consumers had to foot a £7bn (and-growing) gas bill for National Grid March 28, 2024 In 2023 alone, balancing the grid cost billpayers £2.85bn, equivalent to every electricity consumer in Britain paying an extra £80 per year.
City set for takeover battle as rivals enter bidding for DS Smith March 27, 2024 A US-listed paper producer has thrown a spanner into the works of Mondi's takeover of DS Smith, with a potential £5bn-plus bid of its own.
Buy now, fail later? Banks struggle to cash in on Klarna’s success March 27, 2024 Natwest recently confirmed it would axe its buy-now pay-later scheme. Industry experts suggest the move could be a sign of things to come as traditional lenders struggle to gain a foothold in the market.
Cocoa prices set another new high leaving bitter taste for chocoholics March 26, 2024 The cost of Easter eggs could increase again as bad harvests continue to dent global cocoa supplies, sending prices to a new all-time high.
Ember: All-electric intercity bus network backed by Monzo co-founder Tom Blomfield raises £11m March 26, 2024 Ember, a company which is creating one of the UK’s first all-electric intercity bus networks, has raised an extra £11m.
Wood Group pushes cost-cutting drive and upgrades 2024 outlook March 26, 2024 The company currently employs around 6,500 in the UK, most of whom are in Aberdeen.
Flutter’s big bet on US’ FanDuel pays off but $1bn-plus charges hit bottom line March 26, 2024 Gambling giant Flutter saw revenue jump almost 25 per cent in the last financial year, driven predominantly by significant growth in the US.
Revolution Bars confirms it’s looking at ‘strategic options’ as it fights to survive March 26, 2024 Revolution Bars is undergoing talks to sell off around a quarter of its venues, according to reports.
London’s top private dining rooms for family gatherings March 25, 2024 London's finest restaurants are here to help with stunning private dining rooms, from Michelin-starred legends to sky-high locations