Spire Healthcare Sets Takeover Bid Deadline
Spire Healthcare, the UK's largest private hospital group, has set a 20 January deadline for suitors to express takeover interest. Learn about the shareholder pressure and potential sale.
Category : Corporate
£30m bank robbers paid parking charge after heist
Thieves behind one of Germany's biggest bank robberies, stealing £30m, showed bizarre courtesy by paying for parking. Get the full story on the audacious Gelsenkirchen heist.
Billionaires' Wealth Soars by $1.7 Trillion in 2025
The world's billionaires saw their fortunes surge by a record $1.7 trillion in 2025, driven by AI and tech stocks, as wealth inequality reaches new extremes. Read the full analysis.
Goldman Sachs recruits senior UBS banker James Berry
Goldman Sachs has appointed James Berry, a senior UBS banker, to its business services team in London. Discover the strategic implications for the firm's growth.
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£30m German Bank Heist: Ocean's Eleven-Style Raid
Thieves executed a spectacular bank heist in Germany, drilling into a vault and stealing £30 million in gold and valuables. Discover the details of the raid and the aftermath for thousands of customers.
Scale, Not Just Cost, Drives Asset Management M&A
A new survey reveals strategic scale is now the primary driver for mergers in UK asset management, overtaking cost-cutting. Discover the key trends shaping the industry's future.
CVC close to securing investment for $14bn Global Sport Group
Private equity giant CVC Capital Partners is finalising external investment for its $14bn Global Sport Group, paving the way for major new sports acquisitions in 2026. Read the exclusive details.
Sainsbury's CEO Simon Roberts Awarded CBE in New Year Honours
Sainsbury's CEO Simon Roberts receives a CBE for services to retail, leading a list of business figures honoured. Discover the full list of recipients and their achievements.
Clear Street UK Head Leaves After London Launch
Clear Street's UK chief, James McKeogh, has exited the firm barely a year after its London launch. Explore the implications for the fintech's European ambitions and the competitive brokerage landscape.
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Linklaters' staff costs jump £115m as pay battle intensifies
Magic Circle law firm Linklaters reports a £115m surge in employee costs, highlighting fierce competition for top legal talent and rising salaries across the UK sector.
Rolls-Royce Boss Set for £100m Record Payday
Rolls-Royce CEO Tufan Erginbilgic could receive a share award worth over £100m following the engineering giant's dramatic turnaround. Discover how the FTSE 100 firm's value soared.
IBM's 'Turnaround' CEO Louis Gerstner Dies at 83
Louis Gerstner, the former IBM chair and CEO credited with saving the tech giant in the 1990s, has died aged 83. Discover the legacy of the leader who rejected a breakup and refocused on clients.
£1.3bn Powerball jackpot won on Christmas Eve
A single ticket holder in Arkansas scooped a staggering $1.8bn (£1.3bn) Powerball jackpot on Christmas Eve. It's the second-largest US lottery win ever. Read the full story.
Labour closes shareholder revolt register after 8 years
The Labour government has shut down a public register naming firms hit by shareholder revolts over executive pay. Critics warn this will bury controversies and harm corporate transparency in the UK.
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John Hancock details bitter feud with mother Gina Rinehart
John Hancock says a dinner 20 years ago was his last positive interaction with mining magnate Gina Rinehart. He discusses their fractured relationship and a high-stakes legal case threatening her empire. Listen to the Full Story podcast.
Obituary: Guinness marketing man Mike Vineall dies aged 87
Michael Vineall, a former Guinness marketing executive and lifelong Leeds United supporter, has passed away at 87. Read about his career and passions.
Take the 2025 Sport Business Quiz from City AM
Think you know the 2025 sport business landscape? Test your knowledge of Ryder Cup wins, F1 sales, and NBA takeovers with City AM's topical quiz. Have a go now!
BP sells Castrol stake to US firm Stonepeak for £4bn
BP agrees to sell a 65% stake in its Castrol lubricants business to US investment firm Stonepeak in a deal valuing the unit at $10.1bn. Proceeds will help reduce debt.
AI Won't End Burnout, Says Clyde & Co HR Chief
Clyde & Co's Chief People Officer warns AI is not a cure for workplace burnout. Discover why human-centric strategies remain essential for employee wellbeing.
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Banking Giants Vie for £2.5bn Evelyn Partners
Barclays and NatWest are in a £2.5bn takeover battle for Evelyn Partners, a wealth manager with £64.6bn in assets. Discover the high-stakes auction details.
BNP Paribas promotes Lynagh and Jourdan in capital markets
BNP Paribas has restructured its capital markets leadership, promoting Michael Lynagh and Olivier Jourdan to new co-head roles. Discover the strategic moves shaping the bank's future.
Scotch whisky supply glut forces Diageo production cuts
Global Scotch sales fall for a third year, with US tariffs costing £4m a week. Diageo scales back distillery operations as industry adapts to a supply glut. Read the full analysis.
The battle behind Australia's richest person's wealth
Explore the bitter rivalries and court battles behind Gina Rinehart's fortune. Is she a mining heiress or a self-made magnate? Listen to the Full Story podcast.
Bet365 boss Denise Coates paid over £280m this year
Bet365 chief Denise Coates received a £280m pay package for 2024/25, a major rise despite falling profits. Discover the details of her salary and dividends.
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11 PE-Backed Firms Fail UK Climate Disclosure Rules
A new report identifies 11 portfolio companies owned by major private equity firms as non-compliant with UK mandatory climate-related financial disclosures. Discover the firms involved and the regulatory implications.
Tesla EU sales fall 34% as Chinese rivals surge
Tesla's European registrations tumbled 34.2% in November 2025, shrinking market share to 1.4% as Chinese rival BYD saw explosive growth. Read the full analysis of the shifting EV landscape.
Ellison's $40bn Guarantee in Warner Bros Battle
Tech titan Larry Ellison personally backs Paramount's $108bn bid for Warner Bros Discovery with a $40.4bn guarantee, challenging Netflix's rival offer. The high-stakes corporate drama reshapes Hollywood.
FTSE-100 Informa begins hunt for new chairman
FTSE-100 events giant Informa has begun the search for a new chairman to succeed John Rishton. CEO Stephen Carter's move to Dubai signals extended leadership. Full details here.
Gina Rinehart's Mining Empire: Power and Controversy
Explore the formidable legacy of Gina Rinehart, Australia's richest person, as she expands her iron ore empire amidst legal battles and immense influence. Discover the full story.
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Ellison's $40bn Guarantee in Paramount's WBD Takeover Fight
Tech titan Larry Ellison personally backs Paramount's $108.4bn bid for Warner Bros Discovery with a $40.4bn guarantee, challenging a rival Netflix deal. Read the latest on the epic media battle.
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