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News

  • December 11, 2024

Strathberry: Profit doubles at luxury handbag maker loved by Princess of Wales and Meghan Markle

Profit more than doubled at luxury handbag maker Strathberry, which counts the Princess of Wales, Jennifer Lopez and Meghan Markle among its fans The Edinburgh-based business has reported a pre-tax pr

  • December 11, 2024

Lloyd’s of London insurer Canopius favours IPO in private equity exit

The private equity owners of Canopius plan to list the Lloyd’s of London insurer on the UK stock market next year, City AM has learned. A consortium led by US investor Centerbridge Partners is leani

  • December 11, 2024

Cabinet Office to make hundreds of Civil Service redundancies

Hundreds of jobs are set to be cut by the Cabinet Office, it has been confirmed, in a move which the government department said will create a “smaller, clearer structure”. A total of 400 jobs have

  • December 11, 2024

Sir Brian Leveson leading ‘once-in-a-generation’ review into criminal courts

The man who led the News of the World inquiry has been chosen to review the criminal courts, at a time when data revealed backlogs has reached a record high

  • December 11, 2024

In The Style cuts job as sales continue to fall ahead of stock exchange return

In The Style slashed jobs in a bid to stem its losses amid continuing falling sales as its return to the London Stock Exchange edges nearer. The Manchester-headquartered fast-fashion retailer has post

  • December 11, 2024

Frasers hits out at Boohoo’s Kamani over Mike Ashley appointment

Glass Lewis's opposition comes after a similar recommendation made by Institutional Shareholder Services (ISS) last week.

  • December 11, 2024

Court rejects appeal in data privacy class action against Google

A court has rejected an appeal against a decision to throw out a data privacy class action against Google and its AI subsidiary, DeepMind

  • December 11, 2024

London e-bike battle heats up as Forest strikes partnership to take on Lime

Forest is looking to claw back market share from its larger London rival Lime, which is the only other e-bike operator in the capital.

  • December 11, 2024

Diageo: Shares in FTSE 100 Guinness, Baileys and Johnnie Walker owner are staging a comeback

Shares in Diageo, the giant behind Guinness, Baileys and Johnnie Walker, are staging a comeback after falling to a historic low last month. The London-headquartered group, which also has a listing on

  • December 11, 2024

Whisky Business: Johnson Reserve’s record-breaking release

Whisky Business: City AM’s monthly look at the world of whisky. Whisky has become one of the hottest assets in the world over the past decade, but as the financial returns have stacked up for invest

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