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City AM's title: City A.M. | Business news live from the City of London

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Shoe Zone has hit out at Rachel Reeves’ budgets for stifling consumer confidence, saying the chancellor’s policy and the Iran war will kick it into a loss this year.

The London-listed retailer said it will tumble to a loss of between £1m and £2m. It previously expected a pre-tax profit of £1m.

It blamed the chancellor, claiming her two Budgets h...


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Asset manager Aberdeen reported a drop in assets under management and advice in the first financial quarter, after the performance of Interactive Investor failed to combat outflows and market volatility.

Assets under management and advice (AUMA) slipped from £556bn to £547.7bn, amid weaker markets, the disposal of its financial planning business and net ou...


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SCENTMATIC Inc., a visionary in the digitalization of olfaction, is pleased to announce the installation of its AI system, KAORIUM, at the “HOLA Fragrance Pop-up Store” within Mitsui Shopping Park LaLaport Nangang in Taipei. This large-scale event will run for a limited time from April 1 to June 30, 2026.

This press release features multimedia. Vie...


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SkySparc, a trusted global provider of digital transformation solutions for treasury and finance institutions, today announced the acquisition of Covarius Group Limited (“Covarius”) and Uniun Technology Limited (“Uniun”). The acquisitions accelerate SkySparc’s European expansion and deepen its specialist support for treasury transformation. Financial terms were not disclosed...


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Experian today announces the go-live of ‘Transaction Forensics’, a pioneering AI-powered fraud and anti-money laundering solution designed to help financial services detect and prevent increasingly sophisticated fraud and financial crime in real time.

Combining Resistant AI’s advanced behavioural and transaction analytics and Experian’s leading proprietary consumer ...


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