Over 800 directors have been disqualified for abusing Covid loan scheme
More than 800 directors have been disqualified for abusing Covid support schemes over the 2023-24 financial year following investigations by the Insolvency Service.
Former Blackburn Rovers footballer sues HSBC for £2m over loan negligence
Former professional footballer Matt Jansen has launched a legal challenge claiming banking giant HSBC lost him over £2m on property loan agreements during the 2008 financial crash.
Deal agreed to sell 235-acre failed Britishvolt site to US private equity giant Blackstone
A deal has been agreed to sell the site of failed EV battery business Britishvolt in Northumberland to a US private equity giant.
Samsung steals smartphone crown from Apple as Chinese rivals Huawei, Oppo and Xiaomi eat into market
Apple's iPhone sales sagged 10 per cent in the first three months of 2024, while Samsung shipments also fell, but only by 0.7 per cent.
Revolut UK chief: New York threatening London’s ‘supremacy’ in fintech
London is at risk of losing its fintech “supremacy” to New York, the UK boss of Revolut has said, as the city boasts a plethora of top talent and the depth of its capital markets will tempt compan
Health tech group to expand in UK amid booming private healthcare demand
The provider of 'at home' healthcare services is eyeing a £3m funding round, aiming to add seven new sites to its existing three locations.
Goldman Sachs beats expectations as investment bank shows signs of recovery
A nascent recovery in investment banking helped Goldman Sachs outperform expectations, with quarterly profit rising 28 per cent to over $4bn in the first quarter of the year.
Uniqlo: Viral TikTok trend helps boost European sales past £1bn
Uniqlo's sales across Europe surged past €1bn (£853m) thanks to one of its products going viral on TikTok, it has been revealed.
Abrdn and two more City giants shun Sizewell C nuclear project
The government is currently the majority shareholder and is currently investing a total of £2.5bn in financial support for the project.
Boardroom Uncovered: Exclusive interview with IKEA’s UK chief
Watch the first episode of City A.M's new on-camera interview series with the UK boss of retail giant IKEA.