Mark Harper: Transport secretary ‘proud’ of decision to axe Manchester leg of HS2 October 5, 2023 Transport Secretary Mark Harper said he was “proud” of the decision to cut HS2 north of Birmingham as he shrugged off criticism from Tory former premier David Cameron and ex-chancellor George Osborne. Prime Minister Rishi Sunak used his speech at the Conservative Party conference on Wednesday to confirm he has axed Phases 2a and 2b [...]
Mark Kleinman: Ascential’s messy breakup, audit tensions and ARGA’s impasse October 5, 2023 Mark Kleinman, City editor of Sky News, writes weekly for City A.M. This week he talks Ascential, FCA tensions and the ARGA impasse.
Metro Bank drafts in investment bankers to explore capital raise October 4, 2023 Metro Bank has reportedly drafted in a top team of investment bankers to explore ways to boost its capital position.
World No1 Vu and rising star Zhang primed for Aramco Team Series debuts October 4, 2023 Lilia Vu and Rose Zhang are looking to bounce back from Solheim Cup disappointment at the Aramco Team Series in Hong Kong this week.
Why Dame Sharon White failed at John Lewis and what her successor needs to do October 4, 2023 The current chair of John Lewis was always a risky appointment, Simon Neville writes, but she made mistakes that her successor would do well to learn from as they seek to restore the retailer to relevance
A wine-lover’s guide to Sober October October 3, 2023 I fully support those doing Sober October, though I’ll be cheering from the side-lines with a glass of champagne in hand. It can be a worthwhile if rather grim undertaking, so here are my top tips for dealing with tee-totalism with style, flair and, most of all, flavour. Gone are the days of lacklustre lemonade [...]
Aurelius: Lloyds Pharmacy owner joins race for The Body Shop October 3, 2023 The owner of Lloyds Pharmacy, Aurelius, is understood to have joined the race to buy ethical cosmetics brand The Body Shop, as it looks to change hands again for the third time in five years. The investment company has joined Epiris, the private equity firm, and Elliott Advisors, the owner of Waterstones in the bidding [...]
Watch the moment a fireball caused by a lightning strike engulfs an Oxfordshire plant October 3, 2023 A large fire caused by a lightning strike has broken out at a processing facility in Oxfordshire.
Food inflation lowest level since last August, as supermarket price wars pay off October 3, 2023 The rate at which food prices increase has fallen to 9.9 per cent in September, down from 11.5 per cent the prior month, and the lowest level since last August, in the latest signal that cost of living pressures customers face at the till are beginning to ease. Shop price annual inflation is now also [...]
Ratcliffe contemplating minority Manchester United bid, reports October 2, 2023 British billionaire Sir Jim Ratcliffe is reportedly contemplating a new bid for Premier League club Manchester United that would see the Ineos chemicals company owner seek a minority 25 per cent stake in the Old Trafford outfit. Ratcliffe was seen to be in a two-horse race with Qatari Sheikh Jassim Bin Hamad Al Thani for [...]