Inside story: How Cavendish became the City’s newest bank September 21, 2023 In late January, two bankers sat across from each other at the 57-year-old Chelsea haunt La Famiglia for a tete-a-tete over wine and dinner. The traditional Tuscan eatery is something of a hotspot for celebs and off-duty City types – a pre-sanctions Roman Abrahamovic even used to entertain Jose Mourinho there over a bowl of [...]
Mark Kleinman: The must-read column September 21, 2023 Mark Kleinman gets the Square Mile talking in his weekly City A.M. column: this week on the CBI's latest travails, a two-horse race at Co-operative Bank and a search for a charity chair
Crypto AM Summit and Awards – 20 days to go September 20, 2023 There are only 20 days to go until the start of the Crypto AM Summit and Awards, and just two days left to submit entries.
Dunelm: ‘Value’ offer leads to record revenue amid cost of living crunch September 20, 2023 Dunelm posted record sales of £1.64bn, in its preliminary results, rising up 5.5 per cent from last year's figures, as the homeware retailer was bolstered by cost reductions.
The Notebook: Neil Bennett on why the ONS needs a shake-up, why the CBI’s future is shaky once more, and a new history of the Barclay Brothers September 20, 2023 The ONS is in need of a shake-up When I became a CEO some 13 years ago, I was taught one rule very quickly; hit your forecasts. Boards and bosses can be quite forgiving on many fronts, but if you don’t deliver the numbers without a really good reason, it quickly becomes a career terminating [...]
Post Office scandal: £600,000 compensation offer ‘gun to head’ for victims, MP claims September 19, 2023 An MP has criticised the offer of £600,000 compensation for every Post Office worker who has had their wrongful Horizon conviction overturned, claiming it is “a gun to their head”. The government announced on Monday that every post office operator who was caught up in the Horizon IT scandal and wrongfully convicted will receive £600,000 [...]
Crypto AM Summit and Awards – THREE WEEKS to go September 19, 2023 There are only 21 days to go until the start of the Crypto AM Summit and Awards, with only threedays left to submit entries.
Cashplus looks to shrug off rival challenger banks after delivering £5m profit September 19, 2023 Cashplus, which secured a banking licence in 2021, delivered a post-tax profit of £5.5m on the back of record revenue, which rose 28 per cent year-on-year to £52m.
Drax’s share price shows signs of recovery as biomass audit looms September 18, 2023 Drax's share price has recovered from last week when the National Audit Office confirmed it will assess the government's biomass strategy.
Russell Brand: Pan Macmillan publisher ‘pausing’ all future projects with comedian September 18, 2023 Russell Brand’s publisher has announced it is “pausing” all future book projects with the comedian after allegations of sexual assault were made against him. Bluebird, an imprint of Pan Macmillan, has published Brand’s titles including Recovery: Freedom From Our Addictions and Mentors: How To Help And Be Helped in recent years. An Imprint is a [...]