Ocado opens hub in Bristol as it plans to boost UK capacity by 40 per cent March 1, 2021 Online supermarket retailer Ocado has opened a new mini customer fulfilment centre (CFC) in a bid to expand its reach across the country after a strong 2020. Supporting up to 815 jobs, the Bristol-based centre has the capacity for over 30,000 orders a week and will hep the retailer with its increased demand over lockdown. [...]
King Khan: Mayor wants City Hall stay to last until 2040 May 10, 2021 Sadiq Khan has said he hopes to be Mayor of London in 2040 after sweeping to victory in the recent mayoral election. Earlier today Khan said he hopes to be in his current position when the 2036 or 2040 Olympics take place, after recently pledging to launch an “exploratory committee” to look at a potential [...]
Dunelm sales better than expected thanks to lockdown living space upgrades May 19, 2021 Homeware’s retailer Dunelm enjoyed a better-than-expected sales lift over the tail end of the UK’s third national lockdown, the group said today, despite only being able to trade for five weeks after the 12 April easing of restrictions. Customers were able to flock to stores in mid-April after a winter lockdown, despite the reduced trading [...]
Bow Lane: Party time in EC4 as City celebrates return of office workers June 25, 2021 To celebrate the return of office workers to the Square Mile, the Bow Bells Association organised a street party yesterday in one of the oldest streets in the City, Bow Lane. Opened by the Lord Mayor Alderman William Russell, together with Bow Bells Association chairman James Goolnik, the Bow Bells sounded to start the party, [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 21, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. CISI The Chartered Institute for Securities & Investment (CISI) has confirmed that its long serving CEO Simon Culhane will step down. Handing over the reins in September, Culhane will depart the top role after 18 years. Culhane, who grew CISI’s [...]
Fine dining restaurant planned for the top of Lloyd’s of London August 10, 2021 Lloyd’s of London is considering adding a Michelin-starred restaurant to the top of its headquarters as part of a revamp of the insurance marketplace’s iconic building spaces. The creation of a high-end restaurant with enviable views of London is being considered as a way to create ‘destination style’ experiences, and attract more clients and members of [...]
Is Open Interest data pointing to an imminent Bitcoin sell-off? November 1, 2021 Open Interest in Bitcoin Futures is giving crypto analysts cause for concern as it closes in on its all-time high, leading to the possibility of a brutal correction.
Frankie & Benny’s: Why this failing chain still holds a place in my heart June 4, 2024 Frankie & Benny's may be crap but my childhood self remains sitting in one of those booths, smile stained red
City of London starts to reopen as Government eases lockdown restrictions April 12, 2021 The City of London Corporation has today (12 April) announced a string of events across the Square Mile, which will mark the reopening of some of its most iconic institutions and businesses, including non-essential retail, outdoor hospitality and leisure. As the Government’s roadmap to ease lockdown restrictions in England reaches its second step, Lord Mayor [...]
Halfords suspends dividend after forecasting a 25 per cent drop in sales March 25, 2020 Halfords has suspended its dividend to shore up its balance sheet after forecasting a 25 per cent drop in sales amid the coronavirus outbreak. The retailer anticipates a sharp drop in sales, of around £300m, following the government’s tightening of restrictions, but shares soared 56 per cent in morning trading before trading up 22.63 per [...]