Trainline and Firstgroup shares tumble as Labour pledges rail nationalisation April 25, 2024 Trainline and Firstgroup shares fell this morning after Labour announced plans to renationalise Britain's railway network in the next five years.
What do analysts think of BHP’s £31.1bn proposal for Anglo American? April 25, 2024 Though the proposal mandates divesting two of Anglo American's problem children, it appears BHP is fine with keeping diamond brand De Beers.
Canary Wharf: Property value falls as London banking hub secures £550m financing deal April 25, 2024 The developer and manager of Canary Wharf in East London has reported a 14.7 per cent annual fall in the value of its property holdings to £6.8bn.
Schroders posts rise in assets as it looks to rebound from ‘challenging’ year April 25, 2024 Schroders has reported an uptick in assets under management during the first three months of this year as it looks to rebound from a challenging 2023.
Aston Martin DBX707 updated with fresh interior and new tech April 25, 2024 The Aston Martin DBX707 has received a comprehensive range of interior upgrades for 2024. The British company’s flagship SUV already offered class-leading power and performance when launched in 2022, but its infotainment tech could hardly be described as cutting-edge. That has all changed now, though, thanks to the addition of Aston Martin’s new in-house multimedia system, [...]
Engineering group Weir sees bright future for mining as 2024 orders tick up April 25, 2024 Weir Group said it is on track to reduce company costs by £60m and grow operating margin to 20 per cent by 2026.
Astrazeneca’s revenue surges as pipeline investments pay off April 25, 2024 Pascal Soriot, chief executive officer of AstraZeneca, said: "Astrazeneca had a very strong start in 2024 with substantial total revenue growth of 19 per cent in the first quarter.
John Neal: Why Lloyd’s of London ‘had to change’ April 25, 2024 John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces fears over its future
SFO cases tower the Shard: Top barrister reveals his disclosure report April 25, 2024 The leading barrister who is currently conducting an independent review of the challenges of disclosure and fraud offences said it is evident "that a perfect solution does not exist".
Worst corporate jargon of the week: Mission April 25, 2024 Offender: Mission Every one of us has been an email chain which is borderline unintelligible for the amount of corporate lingo thrown in there. At City A.M., we’re taking a stand and calling out the worst jargon which travels around the City faster than you can drink an overpriced pint. This week: mission. What does [...]