Exclusive: Grind teams up with Soho House to conquer the States as coffee brand opens first branch in LA August 30, 2022 City A.M. can reveal this morning that cult London coffee brand Grind has opened its first site outside the UK by taking its business model across the pond. David Abrahamovitch, the company’s CEO and co-founder, told this paper today that Grind the chain’s first non-London branch has opened its doors in Los Angeles, California. In partnership with [...]
London Heathrow workers call off 31 days of strike this summer as pay deal reached June 23, 2023 31 days of strike action at Heathrow have been averted following a last-ditch deal with Unite members, meaning Brits can once again go on their summer holidays without disruption. A new pay deal was reached between Britain’s biggest airport, and the UK’s biggest union, with 2,000 security officers at terminals 3 and 5, scheduled to [...]
Greggs: Bakery chain on a roll as sales up once again July 30, 2024 Greggs' total sales for the 26 weeks to June 29 reached £960m, crediting the boost in numbers to a partnership with Uber Eats and the roll-out of its evening trade plan.
Bank of England receives 20 applications to develop CBDC wallet prototype December 28, 2022 Twenty companies have submitted applications to create a digital wallet for the Bank of England's CBDC project.
Profit cut at Mercury Prize and Official Charts owner despite BRIT Awards success July 24, 2024 The organisation behind the Mercury Prize and that co-owns the Official Charts Company saw its profit cut during 2023 despite the financial success of the BRIT Awards.
Link chief John Howells on bank branch closures, payments and the battle for cash June 8, 2023 Link's chief John Howells says the nation can't "abandon" its cash users.
Awful day for Ocado drags FTSE 100 into the red November 15, 2022 London’s FTSE 100 today was dragged down by investors souring on middle-class favourite and online supermarket Ocado. The capital’s premier index fell 0.21 per cent to 7,369.44 points, while the domestically-focused mid-cap FTSE 250 index dropped 0.85 per cent to 19,455.88 points. Ocado’s shares plummeted to the bottom of the FTSE 100 today, taking the [...]
Barratt becomes one of the most hated shares in the UK despite Labour bounce July 9, 2024 Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
UK to officially avoid recession in first half of this year as Bank of England readies twelfth straight interest rate rise May 8, 2023 Britain is set to have officially avoided a recession in the first half of this year in a sharp turnaround in fortunes for the country’s economy, figures out this week are expected to reveal. Gross domestic product (GDP), which measures the amount of goods and services produced in the UK, is anticipated to have risen [...]
Two Just Stop Oil activists arrested after luxury car showrooms in Mayfair daubed with paint October 26, 2022 Two people have been arrested after high-end car dealerships in Mayfair including Bentley, Ferrari and Bugatti were daubed with paint by Just Stop Oil activists. Environmental campaigners smeared orange paint on windows of numerous luxury vehicle retailers in Berkley Square and Bruton Street. The incident took place at 8.30am, targeting dealerships including HR Owen Bugatti, Jack [...]