Asda turnaround king Allan Leighton hopes for summer boost Retail Allan Leighton, the turnaround expert charged with leading Asda’s resurgence, has been known for his showmanship. During his first stint at Asda in the 90s, he kicked off an annual managers’ conference by revving into the auditorium on a Harley-Davidson motorbike. It was this reputation for bold, eye-catching leadership which prompted struggling discount retailer Asda [...]
Affluent Big Four partners lack ‘fire in the belly’ to disrupt consulting market Advisory The trend of Big Four partners leaving to launch boutique consultancies has accelerated in recent years. But the co-founder of consultancy Q5 Partners has told City AM that many will struggle to build true challenger brands without an “all or nothing” approach. Five founders, including managing partner Olly Purnell, launched boutique consultancy firm Q5 Partners at the [...]
Fed chair Kevin Warsh faces Jackson Hole D-Day Economics Kevin Warsh has opted for a less-is-more approach when communicating his feelings on interest rates and inflation. Ahead of his first set piece speech as Federal Reserve chair, investors want to hear more, writes Ali Lyon. When Federal Reserve chair Kevin Warsh steps up to the wood-panelled stage at this week’s Jackson Hole symposium, investors [...]
GPTZero founder: Even with watermarks, AI slop isn’t going anywhere August 25, 2026 We must learn how AI fits in the writing process effectively, rather than as a short cut to produce spam, writes GPTZero co-founder Alex Cui.
payabl. Teams Up with Visa to Help Merchants Quickly Resolve Disputes and Prevent Costly Chargebacks August 25, 2026 European financial technology provider payabl. has expanded its relationship with Visa to extend access to real-time dispute management tools for merchants across the UK and EU. Through the collaboration, payabl. will offer Visa’s Rapid Dispute Resolution (RDR) services, enabling merchants to resolve disputes automatically at the pre-dispute stage and help prevent costly chargebacks before they [...]
Citi Appointed as Depositary Bank for Agilyx ASA’s ADR Program August 21, 2026 Citi Issuer Services, acting through Citibank N.A., has been appointed by Agilyx ASA (“Agilyx”), as Depositary Bank for its sponsored Level 1 American Depositary Receipt (“ADR”) program. Agilyx’s ADRs trade on the over the counter (OTC) Market under the symbol “AGYXY”. Each ADS represents 10 ordinary shares of the company. Agilyx’s underlying ordinary shares are [...]
Mark Kleinman: Frasers’ touchiness shows importance of Harvey Nicks swoop for Ashley August 21, 2026 Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his City AM column. Touched a raw nerve? Michael Murray, the chief executive of Frasers Group, was forthright in comments to City AM last month when it was put to him that some luxury brands had expressed concerns about Harvey Nichols [...]
Cut student loan repayments to get youths out of chicken shops August 19, 2026 Crippling student loan repayments have stolen billions from the economy sending struggling graduates to cheap food options and public transport, a consultancy firm has argued. Analysts at Baringa found that cutting the student loan repayment rate from nine per cent to five per cent would free up to £6bn in consumer spending each year for [...]
Mary Kay Accelerates Beauty Innovation and Digital Transformation August 19, 2026 Celebrating Milestone Initiatives Positioning Mary Kay For Consumers Today and Tomorrow
New Premier League rules could see £11bn invested into new stadiums August 17, 2026 Alan Sendorek explains why we are seeing a third revolution of football stadium development on these shores. The third football stadium revolution in England is underway. At least two-thirds of Premier League clubs, and a substantial number lower down the pyramid, have either recently completed a major stadium upgrade or have one planned. Everton and [...]