Hong Kong protesters march on shopping centres as Christmas clashes continue December 26, 2019 Hundreds of protesters descended on shopping centres in Hong Kong today in a bid to disrupt business on the third day of Christmas demonstrations. The so-called shopping protests have targeted malls in the financial hub since Christmas Eve, with police firing tear gas to disperse protesters and tourists in the busy areas. Read more: Hong [...]
Eurostar is our green gateway to Europe — we cannot abandon it November 26, 2020 As the end of the EU transition period looms, the UK must be able to showcase the strength of its post-Brexit trading role, whatever the outcome of negotiations. Our connectivity with Europe, even as a standalone nation, is crucial to demonstrating this. Yet Eurostar, the most iconic connection between the UK and mainland Europe, is [...]
UK High Street sees slight increase in December sales January 4, 2020 UK shops saw a marginal increase in December sales year-on-year driven by widespread discounting, a new survey revealed on Saturday. Sales in British shops were up 0.7 per cent for the month compared with 2018, according to the accountancy and business advisory firm BDO’s monthly High Street Sales Tracker. Read more: Next raises forecast after [...]
Dear Santa… please no more office politics? December 17, 2019 Christmas can be difficult for some, personally as well as professionally, but there is a lot that an organisation can do to ease pressure and show staff that it values their hard work. So how can you sweep away those cobwebs, “deck the halls”, and help mitigate the potential for office politics this festive season? [...]
Corona Impact Series: How a Bethnal Green confectionery is baking up a storm online January 25, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: The East London bakery which went entirely digital as the pandemic storm picked up. Before the pandemic, Steph Giordano, the founder of Bethnal Green bakery Baked by Steph, had been baking [...]
D&D owner: Tax supermarkets to bail out bars and restaurants December 21, 2020 In his second City A.M. column, D&D London CEO and cofounder Des Gunewardena reflects on the “horror show” of the last week, asks the government to consider a Covid-tax to help struggling restaurants, and offers his empty venues up as Covid vaccination stations. We have had some bad weeks during this pandemic, but last week [...]
Before the Bell: Reflation concerns prompts yields spike while UK CPI is up next February 17, 2021 Over the past few weeks, it’s been notable that bond markets, both in the UK and in the US are starting to price the risk of higher inflation pressures, as long-term yields move to the upside. Yesterday, US 10-year treasury yields jumped sharply higher to 1.3 per cent, in a move that suggested that markets [...]
TfL boss Mike Brown says he will not stand down following calls to quit over Crossrail April 25, 2019 TfL boss Mike Brown has said he will not resign following criticism he "downplayed" the risks to the Crossrail opening date to London mayor Sadiq Khan. Appearing before the London Assembly's transport committee this morning, the TfL commissioner rejected suggestions he should resign. "No, I'm not reflecting on whether I'm fit to be in position," he said. [...]
BBC iPlayer bags best ever festive fortnight thanks to Gavin and Stacey boost January 8, 2020 The BBC has hailed its most successful Christmas catch-up period ever as viewers clamoured for top shows such as Gavin and Stacey. BBC iPlayer booked 203m requests to download or stream programmes between 20 December and 2 January – up more than a third on last year and a new record for the platform. Read [...]
Budget cancelled as Rishi Sunak prepares to unveil new business support package September 23, 2020 Rishi Sunak has cancelled his planned autumn Budget and will instead announce a new package of emergency support for UK businesses in a bid to stop mass unemployment. Sunak was supposed to unveil his second budget this year within the next few weeks, with the chancellor preparing the country for the next stage of its [...]