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Asos shares have tumbled more than 10 per cent after customers were sent a message claiming hackers had “fully compromised” the online fashion retailer’s data systems and would leak information unless the company engaged with them. Users of the Asos app received a push notification on Tuesday…
Like a student nearing the end of their gap year, Tesco has careened across Europe, Asia, even the United States, and is now preparing to return home and settle down. The supermarket chain, the UK’s largest, is weighing up whether to offload its operations in Hungary, the Czech Republic and…
Instead of erecting yet another Highland whisky ’shed’, Paddy Fletcher and Ian Stirling hit the scene with their dramatic, vertical Port of Leith distillery in 2023. This restless pair have also embraced gin, Scotch RTDs and launched a new whisky bar as Ian Fraser discovers … Despite developing an…
One of Britain’s biggest housebuilders has urged John Healey to slash stamp duty on newly built homes, in a move which it says would hand the Treasury a £4.2bn windfall. In its Budget submission, London-listed Berkeley Group told the Chancellor that urgent action was needed to prevent the housing…
Digital services giant Informa has snapped up the world’s largest privately owned event and exhibition organiser in a multi-billion pound deal with private equity firm Blackstone. The FTSE 100 group revealed on Tuesday it had acquired London-headquartered Clarion Events for £2.3bn from Blackstone.…
O n 17 December 1903, one of the most significant stretches of time in human history was measured near Kitty Hawk, North Carolina. That time was 12 seconds – the length for the first flight of a powered aircraft, the Wright Flyer. Most of us know at least some of that story, but what fewer know…
Welcome back to City AM‘s FTSE 100 liveblog. The oil market is getting some relief as crude exports recover but the price of a barrel is stubbornly holding over the $100 mark. Brent crude – the international benchmark for oil prices – traded near $100 per barrel on Tuesday morning after declining…
The Donkervoort P24 RS is simultaneously one of the fastest and slowest cars I have ever driven. The flyweight 600hp roadster can rocket to 60mph in circa. 2.5 seconds and pull 2.4G in the corners. And yet… every time you stop for fuel or a flat white, you need to factor in time for chatting [...]
That labradors aren't a sign of fascism feels self-explanatory, yet Labour blathers on, writes James Ford's hand in today's Notebook.
British businesses are shelving spending on public relations and consultancy firms as they embrace the capabilities of PR tools, according to City AM’s latest Business Spend Pulse. The share of UK firms who spent money on management consultants and PR services fell sharply in September to just 4.2…
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