Close to home: Demand for city centre offices drops as hybrid working picks up June 16, 2021 Suburban office markets outperformed city centres for the first time in ten years, with six out of nine major cities seeing a drop in workstation rates. Research published today found demand was driven by workers rejecting both working from home and returning to crowded cities. The shift to smaller towns was also influenced by companies [...]
Treasury launches £750m insurance scheme to cover Covid-related live event cancellations August 5, 2021 Costs associated with the cancellation of festivals, conferences and other live events due to Covid-related restrictions will be covered almost entirely by the government under a new £750m scheme. The Treasury will team up with Llloyd’s of London to deliver the Live Events Reinsurance Scheme, which will give companies the option of purchasing cover from [...]
‘Shocking’ transport gap revealed between north and south of UK October 8, 2021 UK think-tank Onward has revealed a staggering gap between the north and south of the UK when it comes to the number of jobs that are easily reachable by car and public transport. Mapping those jobs that can be reached within an hour’s drive or a 90-minute commute, researchers found that some parts of England [...]
The City View: Boris on his last legs? May 31, 2022 On today’s final episode of The City View, Andy Silvester talks to City A.M.’s Opinion and Features Editor Sascha O’Sullivan. They ask whether Boris Johnson is harming the Tory party’s chances of reelection, and if Starmer is the right man for the job as Labour leader. And in the business news: TUI has cancelled nearly [...]
Debenhams announces final store closures after 240 years on the UK high street May 5, 2021 Debenhams has announced that its remaining shops will close for good next week, meaning the department store chain will disappear from the high street after more than 200 years in business. It announced its final 49 stores will be open to customers for the last time on either 12 or 15 May. The retailer previously [...]
Ed Warner: Fear of losing to the Poms may get Australian sport its extra A$2bn April 6, 2023 As an English sports fan it’s always fun when others cite your nation as their greatest rivals when they wouldn’t make your own top three. Cricket aside, such is the case with Australia. Last week a cry from Australia’s sporting hierarchy for more financial backing from politicians caught my eye. The need to beat the [...]
There is hope after furlough September 16, 2021 The word ‘furlough’ is one we’ve all been acquainted with from the start of the Covid-19 pandemic. In England, at the beginning of lockdown, about 8m people were put on the government-backed job retention scheme in order to protect millions from unemployment. Now recent government figures show 1.55m people were on the scheme at the [...]
Levelling up: UK aims to create ‘global city’ in every part of country by 2030 February 2, 2022 The government will offer every English region the chance to have a “London-style mayor” in a bid to create a “globally competitive city” in every part of the UK by 2030, a landmark paper into Boris Johnson’s levelling up policy today revealed. Johnson’s trademark policy will see the government commit to increase public research and [...]
Boris Johnson to say in conference speech that ‘levelling up’ will ‘take pressure off’ London October 5, 2021 Boris Johnson will tomorrow say his agenda to “level up” poorer parts of the country will “take the pressure off parts of the overheating South East”. The Prime Minister will use his Conservative party conference speech to say “levelling up works for the whole country” in an attempt to quell fears that the government’s agenda [...]
A significant skirmish in an intensifying war: How player power helped bring the European Super League to its knees April 23, 2021 James Milner seemed to speak for many Premier League players and managers when he said on Monday: “I don’t like it and hopefully it doesn’t happen.” The Liverpool midfielder was referring to the European Super League, the audacious and ultimately short-lived breakaway launched by 12 of Europe’s richest football clubs just hours earlier – including [...]