Thames Water defers £2.5m boss bonuses until new year
Thames Water postpones controversial £2.5m retention payments for 21 executives as it seeks a multi-billion pound rescue deal. Discover the full story behind the bonus row.
Category : Search result: corporate restructuring
Houlihan Lokey Director James Pirie Departs
James Pirie, a senior director at Houlihan Lokey, has left the investment bank. Explore the details of his departure and the firm's recent performance in London.
Top 6 Business Books of 2025 for UK Executives
Discover the City Editor's top six business books for 2025, featuring exposés on Big Tech, globalisation risks, and building a better economic future. Perfect for the high-flying executive in your life.
BNP Paribas expands dealmaking teams in London and New York
BNP Paribas is aggressively expanding its corporate finance teams in London and New York, hiring over 30 bankers. This strategic move signals a major bet on a rebound in global M&A and equity markets. Discover the bank's ambitious growth plans.
‘It’s Not Your Turn’: The Problem with Boardroom Appointments
Julianne Schultz reflects on the ‘jobs for mates’ culture in board appointments, arguing true meritocracy requires more than just ticking boxes. Read her insights on effective governance.
Poundland Announces 14 New Store Closures
Poundland reveals another 14 UK stores will close by February 2026 as part of a major restructuring. See the full list of locations and closure dates here.
Poundland announces 14 new store closures
Poundland reveals a further 14 UK stores will close by early February as part of a major restructuring plan. Find out if your local branch is affected and see the full list of closures.
Poundland Announces 14 More Store Closures
Poundland reveals 14 more stores will close by early February, with clearance sales offering up to 40% off. See the full list of locations and dates.
Barclays promotes 118 to Managing Director
Barclays Bank has announced a significant internal promotion round, elevating 118 employees to the role of Managing Director. Discover the key names and divisions driving this strategic move.
Victoria to cut 4,000 public service jobs in $2.3bn savings plan
The Victorian government announces a major public sector overhaul, aiming to cut 4,000 jobs and save $2.3bn. Find out which departments are affected and the impact on services.
Citigroup promotes 276 to managing director globally
Citigroup has elevated 276 bankers to managing director in its latest annual promotion round, a key move in CEO Jane Fraser's strategic overhaul. Discover the regional breakdown and strategic focus.
Future Fund's £20k Business-Class Hotel Scouting Trip
Australia's Future Fund faces scrutiny after spending £20,000 on a business-class trip for a former assistant to scope US hotels. Read the full investigation into the sovereign wealth fund's expenses.
Complete City AM's Survey for Chance to Win £500 Harrods Card
City AM invites readers to shape its future. Complete the 2025 readership survey for a chance to win a £500 Harrods gift card, valid until December 2026. Have your say today.
Bidvest shareholders reject $59k Olympic expenses claim
Shareholders of South African conglomerate Bidvest have voted against reimbursing three directors for $59,000 spent on attending the Paris 2024 Olympics. Discover the details of the revolt.
Berenberg promotes two in major structural overhaul
German investment bank Berenberg has promoted David Janssens and Christian Gottlob to new roles in a significant restructuring of its operations. Discover the strategic moves behind the reshuffle.
Enron Files for Bankruptcy: 2 December 2001
On this day in 2001, energy giant Enron filed for Chapter 11 bankruptcy in the biggest corporate collapse in US history. Discover the story of fraud, ambition, and failure. Read the full analysis.
Police consider corporate manslaughter in Post Office scandal
Corporate manslaughter charges are now being considered as the criminal probe into the Horizon Post Office scandal widens. Police appeal for victims to come forward.
Police eye corporate manslaughter in Post Office scandal
Police investigating the Post Office Horizon scandal are now considering corporate manslaughter charges. The criminal probe has expanded to include more suspects and persons of interest. Read the latest.
Accenture calls 800,000 staff 'reinventors' in AI shift
Global consultancy Accenture has begun referring to its 800,000 employees as 'reinventors' as it sharpens its focus on artificial intelligence capabilities and warns staff to adapt. Read the full story.
Peel Hunt profits jump 800% to £11.5m on deal rebound
London broker Peel Hunt reports an 800% profit surge to £11.5m, driven by a revival in corporate dealmaking. Discover the key figures and strategic outlook for the UK investment bank.
Fears for UK security as Foreign Office scraps conflict unit
MPs warn that abolishing the FCDO's migration and conflict directorate undermines UK security and risks losing vital expertise in global peace-building efforts.
Budget Plasters Fail to Heal Economic Wounds
Rachel Reeves' £26bn budget offers temporary relief but fails to address Britain's fundamental economic flaws. Without systemic reform, the bleeding continues.
Campbell's executive fired over 'poor people' remarks
Campbell's Soup dismisses a senior VP after alleged racist and derogatory comments about customers and Indian employees were recorded. Full story on the corporate scandal.
Adani ends legal fight against activist Ben Pennings
Anti-Adani activist Ben Pennings declares victory as the mining giant drops its five-year legal case. Read the full story of this landmark environmental protest win.
HP cuts 6,000 jobs in AI-driven restructuring
HP announces up to 6,000 job cuts by 2028 as it embraces AI technology. The restructuring aims to save $1bn annually while improving product innovation and customer service.
Weil Elevates Four London Lawyers to Partner
International law firm Weil promotes four London lawyers to partner in 17-strong global promotion round, strengthening corporate and litigation practices.
Amigo Loans pivots from lending to gold mining
Amigo Loans shareholders could see golden returns as the company transforms from failed lender to mining venture under Australian leadership. Discover the dramatic turnaround story.
Campbell's Soup exec suspended over 'poor people' comments
Campbell's Soup executive Martin Bally suspended after allegedly calling company products 'food for poor people' in lawsuit. Read the shocking details and company response.
Campbell's VP on leave after insulting products in recording
A Campbell's Soup vice president has been placed on leave after a secret recording revealed he avoids the company's 'unhealthy' products and made racist remarks about staff. The lawsuit alleges a toxic workplace.
ABN Amro Announces 5200 Job Cuts Over Three Years
Dutch banking giant ABN Amro reveals plans to cut 15% of workforce in strategic overhaul. Discover how this impacts European banking sector and what's next.
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