Honda and Nissan merger talks collapse
Japanese carmakers Honda, Nissan and Mitsubishi have said they are dropping their talks to integrate their businesses. They agreed to end their consideration of how to build a structure for the three
British American Tobacco reaffirms profit outlook amid shift to ‘smokeless’ world
British American Tobacco has maintained its outlook for profit and sales next year as it doubled down on a pledge to become a “smokeless business” by 2035. The owner of Pall Mall and Lucky Strike
Unilever: Turnover above expectations as growth plan pays off
Dove and Marmite maker Unilever has announced an uptick in profit as its restructuring plan starts to pay off. Turnover at the FTSE 100 consumer giant ticked up 1.9 per cent to €60.8bn (£50.71bn)
Barclays beats expectations after Tesco Bank takeover
Barclays surpassed analyst expectations in its annual results report on Thursday, after a strong year for its investment banking arm and day one benefits of its Tesco Bank takeover. The FTSE 100 bank
Number of FCA complaints about bosses ‘suspiciously’ low
A recent FOI has revealed a "suspiciously" low number of FCA complaints about senior leaders, writes Lucy McNulty.
Former City minister Bim Afolami joins QCA with ‘unfinished business’
Former City minister minister Bim Afolami has joined the Quoted Companies Alliance board, in a ‘coup’ for the trade body that supports smaller and medium-sized listed companies. The former Tory MP
Mark Kleinman: Bonfire of the regulators just beginning
Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles churn at the regulators, bankers’ bonuses and dilemmas at
Crypto fraud surges after Donald Trump’s re-election
Crypto platforms have been warned the industry is at a “critical juncture” after a Sumsub report showed a spike in fraud cases. The verification platform’s State of the Crypto Industry 2025 sa
Kurt Geiger sold to New York’s Steve Madden for £289m
Private equity firm Cinven has announced the sale of Kurt Geiger to shoe brand Steve Madden for £289m. Cinven bought the footwear and accessories brand in 2015 for £245m, and has since greatly expan
Barclays puts aside £90m for motor finance scandal
Barclays announced in its annual results it had set aside £90m to cover potential motor finance payouts, amidst ongoing disputes over the misconduct row. This follows the landmark Court of Appeal’s