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United Kingdom · United KingdomThe chief executive of shoe retailer Clarks has resigned after two years in the role, City A.M can reveal. Jon Ram has been on the job at the historic Somerset-headquartered company since April 2022, having previously been group president of global activewear, at Hanesbrands in the US. He has also served in several senior roles at New Balance and the NBA. In a statement, Clarks said Ram had decided to leave the company to “pursue other opportuni…See the Story
Clarks chief executive steps away after two years at shoe seller
United Kingdom · United KingdomThe high-profile auction for the Telegraph Media Group is set to re-open as Abu Dhabi-backed investment fund Redbird IMI is reportedly poised to withdraw its £600m bid for the as early as next week. Redbird IMI is working to finalise a structure for the sale with government ministers, who are hoping to cling on to some oversight of the newspaper, according to insiders close to the Financial Times. A solution could potentially involve separate s…See the Story
Telegraph auction to re-open as Redbird IMI looks to withdraw £600m bid
Marijuana · United KingdomNO BRITISH-trained horse has ever won the Group One Chairman’s Sprint Prize (Sunday, 7.50am), but that isn’t stopping trainer George Boughey and owners Highclere having a crack at the £2.2 million pot with four-year-old filly Believing. The daughter of Mehmas finished a close third in the Haydock Sprint Cup last September following a Group Three success at Chantilly earlier in the season. Boughey has had great success since saddling his first ru…See the Story
Seeing is Believing for Boughey and Bentley
Athletics · United KingdomEmily Campbell says money does not motivate her, but she is ready to cash in at Paris 2024. Campbell, the first British woman to win a weightlifting Olympic medal when she claimed silver in Tokyo, was speaking after World Athletics announced they would be giving gold medallists at this summer’s Olympics $50,000 each. It is the first international sport federation to hand out prize money at a summer or winter Games, but the 29-year-old believes i…See the Story
Weightlifter Campbell: Money doesn't motivate me
United Kingdom · United KingdomAmid mounting financial uncertainty at Thames Water, a consortium of bondholders has issued a formal request for a meeting with the company’s management. The group, which claims ownership of more than £5bn in Thames Water bonds, outlined their demands in a letter from advisers legal firm Akin Gump and investment bank Jefferies, obtained by the Financial Times. Citing alarming “press reports” alluding to possible “material impairment” of their h…See the Story
Thames Water faces bondholder pressure amid default fallout
Cyber Security · United KingdomOffer for ‘cutting edge’ UK firm from Thoma Bravo signals another blow for the London Stock ExchangeBusiness live – latest updatesThe Cambridge-based cybersecurity and artificial intelligence company Darktrace is likely to become the latest British technology champion to be swallowed up by a US suitor, after it agreed a $5.3bn (£4.2bn) sale to US private equity business Thoma Bravo.Darktrace, whose co-founding investor Mike Lynch is now on trial…See the Story
Cybersecurity firm Darktrace agrees $5.3bn sale to US private equity business
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United Kingdom · United KingdomRacing Club Founded by Jordan Wylie MBE & former Jockey Club marketing lead Richard Jaques, Racing Club is a community-focused horse racing syndicate aimed at providing affordable and accessible racehorse ownership through RC Syndicates. It brings together individuals interested in horse racing, offering them entertainment, fun days out, and the chance to own a share in racehorses. The syndicate focuses on producing lasting memories and enjoyab…See the Story
Ranking the best horse racing syndicates in the UK
Hong Kong City · Hong KongTHE RACING world will have their eyes firmly fixed on Hong Kong this Sunday when Sha Tin hosts one of its marquee meetings of the season; FWD Champions Day, featuring three Group One races worth £7.2 million in prize money. There is no doubting the city will come to a standstill at 9.00am when the champion of champions, Golden Sixty, steps out on to the turf in an attempt to win an unprecedented fourth FWD Champions Mile. The pride of Hong Kong,…See the Story