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      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

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      Manchester City appointed new CFO just days before Premier League guilty verdict

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      ‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats

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  • Gentlemen do wear plaid: How to sport the tartan

    September 2, 2021

    I spent the bank holiday weekend in Glasgow. I hadn’t visited the former second city of the Empire for a couple of years, but from its suburbs spring my roots and I always feel a degree of comfort—admixed with wonder and bewilderment, it is true—when I step into the throngs on Buchanan Street or Argyle [...]

  • Tripped up: Competition watchdog to block JD Sports merger with Footasylum

    September 2, 2021

    JD Sports is “perplexed” and “disappointed” after the CMA announced a preliminary decision to block its planned purchase of Footasylum following an appeal. Kip Meek, chair of the group conducting the inquiry, said the deal “would see Footasylum bought by its closest competitor,” which could lead to a worse shopping experience for customers facing higher [...]

  • Pandemic: High Street demise leads to explosion in demand for gigantic warehouses

    August 31, 2021

    The enforced closure of high street stores saw the trend towards greater online sales rocket further this year, with retailers having to invest further into their warehousing capabilities to cope with delivery demand. In fact, the explosive growth in e-commerce, as a result of the pandemic, has seen almost 15m sq ft of new “super [...]

  • Mike Ashley’s successor offered £100m potential pay package

    August 26, 2021

    Michael Murray, who will succeed Mike Ashley as the chief executive of Frasers Group, could receive shares worth £100m under a proposed pay package. The pay package would be linked to the retailer’s stock price performance, Sky News has reported. The company’s share price would have to top £15 for 30 consecutive days before October [...]

  • Channel 4 and BP cut sponsorship ties for Paralympics coverage

    August 24, 2021

    As the Paralympic Games begin today, it has emerged that oil giant BP is no longer a sponsor of Channel 4’s prime-time coverage of the event. An initial press release issued by Channel 4 in January 2020 announced that BP and Toyota would “share sponsorship equally” but a subsequent press release published last week stated that “Channel 4’s Tokyo [...]

  • US markets shake off Delta variant jitters as investors seek to end volatile week on a high

    August 20, 2021

    Wall Street shook off concerns that the rapidly spreading Delta variant of Covid could halt the global economic recovery from the crisis to end the week on a high. The blue-chip S&P 500 jumped 0.69 per cent to 4,436.26 points during early trading, while the Dow Jones added 0.5 per cent to 35,06776 points. The [...]

  • Weak UK retail sales drags FTSE 100 lower – CityAM : CityAM

    August 20, 2021

    London’s FTSE 100 extended yesterday’s sharp losses into this morning as weak UK retail sales figures weighed on market sentiment. The capital’s premier index slipped 0.22 per cent to 7,043.22 points during the first two hours of trading on Friday. The blue-chip index is on track to register its worst week since January. Also Read: [...]

  • Porsche Cayenne Turbo GT 2021 review: the SUV supercar

    August 19, 2021

    The ultimate Porsche Cayenne and the fastest SUV around the Nurburgring, the new Turbo GT puts even the Lamborghini Urus in its place.

  • Klarna considering a listing but not ‘right now’

    August 18, 2021

    Swedish fintech Klarna Bank, which offers ‘buy now and pay later’ loan plans to shoppers, may consider listing as early as 2022. The firm does not have “immediate plans” for an IPO amid “very volatile” markets, chief executive and co-founder Sebastian Siemiatkowski told Bloomberg in Warsaw. Klarna was valued at $45.6bn in its latest funding [...]

  • Mercedes reveals plan to quit Formula E just days after winning a World Championship double

    August 18, 2021

    Mercedes-Benz has announced plans to pull out of Formula E just days after winning the drivers’ and constructors’ championship. The German car maker said it would step away from the electric vehicle racing series at the end of next season. It comes less than 72 hours after Nyck de Vries sealed Mercedes-EQ’s first Formula E [...]

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