Asos doubles down on Black Friday after profit dives 68 per cent October 16, 2019 Asos has vowed to boost its Black Friday discounting this year after a “disappointing” attempt in 2018 weakened the fashion retailer’s bid to attract new customers. The online marketplace offered a 20 per cent discount to consumers on the annual shopping event last year, however today the firm admitted its offer had been “uncompetitive” compared [...]
Google suspends Viagogo from advertising amid claims ticket site has not changed its ways July 17, 2019 Google has today dealt a blow to controversial second-hand ticketing company Viagogo by suspending its website as an advertiser. It is the second setback for the firm this month. Earlier in July, the Competition and Markets Authority (CMA) said it would take Viagogo to court. Read more: MPs warn consumers against using ticket reseller Viagogo [...]
Number of companies entering administration leaps by a third in the third quarter October 22, 2019 The number of companies entering administration jumped by more than a third during the third quarter of the year, analysis published today showed. A study of notices in the London Gazette by accountancy firm KPMG showed a total of 417 companies went into administration between July and September 2019, compared with 310 in the previous [...]
Britvic revenue slumps in challenging market July 24, 2019 Drinks producer Britvic warned this morning that revenue dipped in the third quarter of the year due to a “more challenging” market. The company, which owns brands such as 7up, Tango and Robinsons, said revenue was £360.1m, a decrease of 1.5 per cent on last year. Read more: Britvic installs Tesco finance guru as new [...]
Finalist November 9, 2022 Start-up of the Year supported by World Mobile Swash Swash is reinventing data ownership through new incentivisation streams and a collaborativedevelopment framework, governed by the ethos of Web 3. It enables individuals, developers, and businesses to cultivate new realities of data ownership and value creation. It is the largest data unionin the market with over [...]
Straight up with a smile: How the Connaught made the martini a star June 18, 2020 It’s one of the best bars not just in London but the world – and the iconic Connaught Bar in Mayfair is known the world over for its martini. City A.M. caught up with Ago Perrone, Director of Mixology at The Connaught Hotel, and Giorgio Bargiani, Head Mixologist at the Connaught Bar, to talk cocktails, [...]
Gloomy UK drags down economic confidence in the EU May 28, 2019 Economic sentiment in the UK fell dramatically in May as confidence in the industry sector hit its lowest level in 11 months, according to figures from the European Commission. Read more: UK business confidence lowest since 2012, says BDO British gloom held down sentiment in the European Union as a whole, with the Commission’s economic [...]
Queen’s Birthday Honours: the full 2021 list June 12, 2021 Below the full list of names for this year ORDER OF THE BRITISH EMPIRE Knights Grand Cross of the Order of the British Empire (GBE) The Rt. Hon. Frederick Richard Penn Curzon, The Earl Howe. For political and parliamentary service. (Amersham, Buckinghamshire) ORDER OF THE BATH Knights Commander of the Order of the Bath (KCB) [...]
Easyjet boss bullish about package holiday move, despite tumbling profit and ‘difficult’ aviation market November 19, 2019 Easyjet has unveiled a new-look package holiday business just months after the collapse of Thomas Cook, despite profit plunging more than a quarter over the last year. The budget flyer said the new business, Easyjet Holidays, will launch in the UK just in time for customers to pencil in a Christmas getaway, with bookings open [...]
In a world of data and digitisation, the City continues to hold the winning cards September 24, 2019 At a time when the spotlight is on London’s future as a global hub for finance, new data showing that the capital has extended its lead in global FX and interest rate derivatives trading since 2016 was a clear vote of confidence in the City. This was backed up by the latest Global Financial Centres [...]