Business and professional services boosts UK economic output in May May 30, 2021 The City of London’s dominant business and professional services industry put rockets under the UK’s private sector business activity in the three months to May, according to the latest CBI monthly gorwth survey. Business and professional services activity grew at a survey record pace, gorwing at a rate of 50 per cent, up from a [...]
Nasco UK Ltd is no stranger to an award and certainly no stranger to the Queen’s Awards. May 10, 2022 Their winning of this year’s award for international trade is the fifth time Nasco has been recognised by the crown in this category, the previous four coming consecutively between 2013 and 2016. On top of that Nasco won Sunday Times Fast Track awards in 2013 and 2014 as one of the fastest growing private companies [...]
The Square Mile and Me: Fintech supremo Tim Levene on Moscow’s vodka scene, Coya City and a bold call for 2023 May 4, 2023 The fintech fund boss and founder of Crussh and Flutter strolls down memory lane in City A.M.'s weekly Q&A
Shepherd Neame reports strong recovery as pandemic restrictions end November 9, 2021 Shepherd Neame is brewing a comeback as demand recovers following the end of pandemic restrictions. Its full-year results reveal consumer appetite has been robust in a recovering market, with retail pubs achieving 62 per cent of 2019 sales between 12 April and 16 May when pubs re-opened outside, and 97 per cent of previous sales [...]
Euro 2020: Pubs and restaurants reap rewards of England’s success July 16, 2021 Euro 2020 provided a windfall for pubs and restaurants as the country reached for pints whilst watching England reach their first final since 1966, new research released today shows. Latest spending data from Lloyds Bank shows spending in pubs and restaurants surged during Europe’s flagship men’s international football tournament, rising 52 per cent compared to [...]
The Analyst: Inflation is coming, and advertisers too September 6, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his third monthly column for City A.M. Inflation is coming for you. Companies such as P&G, Unilever, Kelloggs and Nestle have highlighted the rising cost of [...]
Finding opportunities in stagflationary times July 7, 2022 Slowing growth and rising inflation is a negative combination for both equity and bond markets. Nevertheless, there are opportunities emerging for global equity investors. This has been a challenging year for equities. Russia’s invasion of Ukraine has led to soaring energy and commodity prices, a global stock market slump and elevated volatility. Recession appears likely, [...]
Clothing and footwear sales boomed in May as social events influenced shopping June 8, 2021 Retail sales enjoyed a buoyant May, with clothing and footwear performing particularly well as the easing of coronavirus restrictions allowed social events to influence how consumers shopped. UK retail sales were up 23.7 per cent on a like-for-like basis from May 2019, according to the latest figures from the British Retail Consortium (BRC), suggesting a [...]
Can Britain keep expanding its playbook for tech regulation without strangling innovation? May 28, 2021 Europe has a reputation for heavy handed regulation. This is often blamed for putting the brakes on innovation and holding back tech businesses in the UK and across Europe. The arrival of GDPR rules, setting out a prescriptive approach for personal data, was a headline grabbing shift with hefty fines which caused reverberations across the [...]
eve Sleep sees sales up, bolstered by online shopping July 16, 2021 Mattress maker eve Sleep today reported overall revenue growth of 13 per cent in the first half of 2021, reaffirming full-year expectations. Despite increased sales, shares in the London-based company were down over 15 per cent early morning. eve Sleep said sales growth was primarily online due to coronavirus restrictions, but suggested the trend to [...]