Rhode Beauty: How Hailey Bieber earned her $1bn payday June 6, 2025 Hailey Bieber bet on the power of community, not marketing, to build Rhode. Its $1bn exit last week is proof it worked, writes Viviane Paxinos
British businesses celebrated in third year of The King’s Awards for Enterprise: June 5, 2025 The recipients of The King’s Awards for Enterprise have now been announced, celebrating the achievements of leading businesses from across the UK and Channel Islands and recognising their vital role in growing our economy to improve lives. This year, 197 businesses representing a diverse range of sectors, have been recognised by His Majesty The King [...]
Rob Cross: Darts star banned as director over unpaid tax of £450,000 June 5, 2025 Darts star Rob Cross has been banned from being a company director for five years after his company failed to pay almost half a million pounds in tax. Cross, who won the World Championship in 2018 and is one of the leading names on the elite PDC tour, owed HMRC £465,403 when his company went [...]
‘Never again’: Shadow Chancellor apologises for Truss’ mini-budget June 5, 2025 Shadow Chancellor Mel Stride is set to apologise for the fallout from the 2022 mini-budget, vowing that “never again will the Conservative Party undermine fiscal credibility by making promises we cannot afford.” In a speech later today, Stride is expected to apologise on behalf of the Tory government for having “put at risk the very [...]
Neil Woodford: ‘I could not have been more transparent’ June 5, 2025 Neil Woodford has denied misleading investors over the contents of his collapsed investment fund, insisting that he “could not have been more transparent” to his thousands of retail shareholders. Speaking exclusively to City AM, Woodford said he regularly published information on his fund’s portfolio and his investment strategy prior to its implosion, arguing that the [...]
Spare a thought for in-house lawyers; their job is not as ‘easy’ as some think June 5, 2025 The workload for an In-House legal team is set to increase as businesses strive to reduce costs.
Conservatives must remember that small government is better government June 5, 2025 Labour’s tax-raising, interventionist approach is strangling the economy. Conservatives must make the positive case that individuals, families and businesses make better decisions for themselves than distant bureaucrats, says Brandon Lewis Among its many crises and policy reversals in the past few weeks, a leaked memo from Angela Rayner revealed that a vocal subset of the [...]
Mark Kleinman: Corley’s LSEG board post looks messy June 5, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Aren’t asset managers supposed to be the exemplars of robust corporate governance? It’s a question worth posing in the context of goings-on at Schroders, the FTSE-100 money manager where last week’s confirmation of my scoop that [...]
Fulham Premier League hospitality: Margaritas, caviar and £20,000 season tickets June 4, 2025 Fulham FC’s Riverside Stand features a new Sky Deck offering over three floors. City AM took a look around to see what it was all about. Worth the price tag? You decide. One of the newest features adjacent to the stretch of the River Thames between Putney Bridge and London’s famous River Cafe soars into [...]
Private equity: Are the doors to the most exclusive club in town finally opening? June 4, 2025 Private equity has carved out a record as one of the best-performing assetclasses of the last 25 years – for the exclusive benefit of a privileged few. Now, at last,private investors can get in. Trillions of dollars have flowed into private equity in the past twenty-odd years. Global private capital assets under management reportedly more [...]