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Matalan: Huge losses continue as almost 200 jobs lost
Matalan’s ongoing financial difficulties are reflected in a significant pre-tax deficit exceeding £60 million, accompanied by a substantial workforce reduction as the company’s rev...
Read Full Article →Peel Hunt: Bonuses scrapped for third year running
Despite ongoing financial challenges at Peel Hunt, senior executives received substantial fixed salaries while variable performance-related payments were withheld for the third con...
Read Full Article →Losses continue at maker of BBC Question Time as jobs shed
The production company experienced significant financial challenges, reporting a substantial pre-tax deficit and a sharp decline in revenue over two years, which contributed to wor...
Read Full Article →Wincanton: Losses double as GXO takeover decision drags on
Wincanton reported a significant increase in pre-tax losses, totaling £44.9 million for the year ending March 2024, as uncertainty surrounding a potential acquisition by GXO contin...
Read Full Article →Midland Aerospace: a journey from the brink to a King’s Award for Enterprise
Midlands Aerospace overcame severe financial challenges and industry setbacks to achieve sustained growth and national recognition for its innovative contributions to the aerospace...
Read Full Article →Credit Suisse seeks $440m Greensill Capital losses from SoftBank
Credit Suisse is pursuing legal action in London to recover a $440 million loss linked to Greensill Capital's failure, holding SoftBank financially accountable in the process.
Read Full Article →Sweet success for biscuit giant behind Jammie Dodgers
The company owning popular biscuit brands reported substantial revenue growth exceeding £600 million, alongside job creation and a notable reduction in financial losses during its...
Read Full Article →PureGym: Losses near £90m amid huge expansion drive
PureGym reported a substantial pre-tax deficit of £88.5 million in the latest financial year, reflecting significant investments in workforce growth and new facility openings throu...
Read Full Article →The Guardian slashes losses amid record sales following The Observer deal
The media company improved its financial position by significantly reducing deficits and increasing revenue to approximately £275 million during the fiscal year ending March 2025,...
Read Full Article →Sexy Fish: Billionaire Richard Caring’s restaurant empire reveals losses
The recently published financial statements for Caprice Holding indicate a decline in profitability within Richard Caring’s luxury dining establishments amid ongoing negotiations f...
Read Full Article →Easyhotel significantly slashes losses as return to profit nears
Easyhotel’s substantial reduction in pre-tax losses to €1.8 million in 2024 from €10.5 million the previous year reflects notable financial improvement and progress toward achievin...
Read Full Article →Holland & Barrett: Huge losses continue despite sales surge
Despite increased revenue from rising sales, Holland & Barrett has reported substantial pre-tax losses for the second consecutive year, indicating ongoing financial challenges for...
Read Full Article →The Capitalist: This isn’t just blackmail, it’s M&S blackmail
Marks & Spencer is expected to file a substantial insurance claim potentially valued around £100 million to mitigate financial damages caused by a recent cyber attack affecting its...
Read Full Article →Tui shares slump as losses widen after quitting London
Tui experienced a notable decline in stock value following a significant increase in underlying operating losses, despite revenue growth and strong results in its cruise business d...
Read Full Article →JYSK: Losses continue as stores close and jobs shed
JYSK's UK division reported a £3.2 million pre-tax deficit for the year ending August 2024, reflecting ongoing financial challenges amid store closures and workforce reductions.
Read Full Article →Losses widen at Gary Neville’s university UA92
University Academy 92, founded by Gary Neville and others, reported a pre-tax deficit of £2.2 million for the year ending July 31, 2024, indicating worsening financial challenges.
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