London and southeast in Tier 3: What are the rules? December 17, 2020 Most of the southeast of England is set to join London in Tier 3 from midnight on Friday, as the government scrambles to contain a sharp spike in coronavirus cases. The move will see Bedfordshire, Buckinghamshire, Berkshire, Peterborough, and the whole of Hertfordshire move into the highest level of restrictions from 0.01am on Saturday. It [...]
The Friday Interview: Fortnum’s looks to the future July 17, 2020 It’s an iconic London brand, but like the rest of the capital, Fortnum & Mason was hit by the Covid-19 lockdown. We catch up with the store’s Retail & Hospitality Director Simon Thompson – who tells us that while it’s all a little different, loyal customers still have smiles on their faces. Fortnum & Mason [...]
Johanna Kyrklund: the FOMO market is over – so, what’s next? April 12, 2021 Maybe lockdown has made me more middle aged and boring. I’m just not as interested in trendy stuff any more, both in my personal life (I opted for a VW ID3, not a Tesla, after all) and now in investing. But in today’s markets a more boring approach – favouring diversification and judiciousness over more [...]
More human April 16, 2021 Cultural change and technological acceleration are transforming business and redefining the rules of marketing. According to Seth Godin, to connect with our clients we must go out from the limits and explore new ways. “Usually what we do daily is find small and disconnected parts of interests and somehow, we connect them, then we amplify [...]
Greggs: Sausage roll sales rise as consumers look for cheaper eats October 4, 2022 Greggs has reported surging sales this autumn while making no changes to its cost inflation outlook for the year. The sausage roll specialist said on Tuesday that total sales were up 14.6 per cent for the 13 weeks to 1 October 2022, compared to the same period in 2021. Price increases of around five pence [...]
Nestle: Cost inflation eats into KitKat maker’s profit as it tumbles 45 per cent to £8.4bn February 16, 2023 KitKat and Nescafe coffee maker Nestle has revealed its net profits tumbled by 45 per cent as cost inflation led the global food and drink giant to hike up the prices of its products. The Switzerland-headquartered company, which owns some of the world’s biggest food brands, said its net profits fell to 9.3 billion Swiss [...]
Exclusive: MPs slam ‘inconsistency and incompetence’ as SMEs struggle to get bounce back loans September 28, 2020 Banks have been told to ensure that no small businesses are “locked out” of government-backed coronavirus loans, after firms were left unable to access the loans despite being eligible for funding. MPs said lenders accredited under the scheme should re-open applications for bounce back loans (BBLs), designed to help small companies weather the pandemic. Barclays [...]
Having your cake and eating it! Three lucky winners receive sweet treats in City A.M. competition January 19, 2023 Three lucky City workers received yummy cakes from award-winning London bakery Cutter and Squidge after teaming up with City A.M. The special delivery to three Square Mile workers took place after this paper ran a competition in response to comments by the boss of the food regulator about cakes. And we take these things very personally. [...]
This IWD, meet the women changing the booze industry March 8, 2021 The world of beer, wine and spirits has also been dominated during our lifetime by men, with phallocentric brands including Jack Daniels and Johnnie Walker aimed squarely at male drinkers. But it wasn’t always so – for thousands of years brewing was undertaken by women. And as we celebrate International Women’s Day (IWD), there are [...]
Sterling falls to six-month low as UK tightens virus measures March 17, 2020 Sterling dropped to its lowest level against the dollar in roughly six months today as the UK ramped up its measures to halt the spread of coronavirus. The pound fell as much as 0.6 per cent to $1.219 this morning — its lowest level since early September. Against the euro it edged up 0.2 per [...]