Wimpy Restaurants’ Covid-19 recovery stalls as customers cut spending June 26, 2024 The UK arm of fast food chain Wimpy Restaurants has seen its sales dip slightly after a strong couple of years of recovery from the Covid-19 lockdowns.
Four Seasons: Care home operator up for sale following company slim down June 20, 2024 Care home operator Four Seasons, which once ranked among the largest in the UK, has been put up for sale in a move expected to fetch about £300m.
Labour candidate under fire after collapsed FX firm left clients £15m out of pocket June 19, 2024 A Labour parliamentary candidate is facing questions over his past business ventures today after the FX firm he founded collapsed and left customers millions of pounds out of pocket.
Firms still face ‘significant pressure’ despite slight decline in insolvencies June 18, 2024 Last year saw the highest number of company insolvencies since 1993, with 25,000 firms going under.
Debts, disputes and a ‘shadow CEO’: The curious case of Truspine June 18, 2024 Truspine Technologies has failed to take off since it floated nearly four years ago - and some are arguing this failure merits further investigation by City regulators. City A.M. takes a closer look at the firm’s labyrinthine history, uncovering a myriad of debts, disputes and detractors
Superdry avoids insolvency after shareholders approve £10m lifeline June 14, 2024 Superdry has avoided insolvency after shareholders voted to approve a £10m lifeline today.
Former BHS directors hit with multi-million pound ‘wrongful trading’ ruling June 11, 2024 In a landmark ruling, the High Court has delivered a damning verdict against the former directors of BHS Group, eight years after it collapsed
Burger King father-son team acquires London favourite Crosstown Doughnuts June 5, 2024 A father-son team who once led the largest Burger King franchise in the UK have acquired Crosstown Doughnuts after the brand launched a search for new investment earlier this year.
Investec hits rugby club Featherstone Rovers with winding-up petition June 3, 2024 The asset arm of investment firm Investec has filed an application to the High Court against rugby league club Featherstone Rovers
Mark Kleinman: Labour and Tories yet to win business over May 30, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column