The Post Office is predicting a record-high number of personal cash withdrawals this month, reaching upwards of £1bn. The prediction exceeds last year’s record-breaking numbers during the festive s
Labour won the public backing of over 120 business chiefs in a letter before the election – but the enthusiasm of those executives appears to have dimmed since then. City AM tried to track them down
Investors in the FTSE 100 are holding out hope for a Santa rally in the second half of December as markets gear up for some Christmas cheer. “December often delivers investors a festive treat in the
Cineworld has revealed it will close another six of its cinemas across the UK as its major restructuring process comes to an end. The troubled chain will shutter its sites in Castleford, Leigh, Middle
Thames Water’s chief executive has been forced to defend senior executives receiving £770,000 worth of bonuses after the beleaguered water company swung to a loss of £190m and a 40 per cent rise i
Rachel Reeves confirmed in the Autumn Budget HS2 will terminate at Euston station, following a political kerfuffle over how to find the necessary funding.
The chief executive of Robinsons squash maker Britvic has received a bumper pay day ahead of the group’s £3.3bn takeover by Carlsberg. Simon Litherland has been handed a £4.68m pay packet, up from
The heads of the Financial Conduct Authority (FCA) told MPs they will not adopt a “light-touch” approach to regulation today after criticism the City watchdog has hampered growth with burdensome r
Lawyers at US law firms across the City are poised to receive their bonus payouts following another year of fierce competition in the industry. In a year that saw US law firms Quinn Emanuel and Gibson
The value of companies fleeing the London Stock Exchange for foreign markets has reached £107bn this year after FTSE 100 Ashtead announced it would be heading across the Atlantic today. In a statemen