Profit at Tata Motors slides but beats forecast, share price plummets anyway February 11, 2016 Indian car maker and owner of Jaguar Land Rover, Tata Motors, has reported a profit slump of of two per cent in the third quarter, hitting 35.1bn rupees (£357m), as China’s economic slowdown drags on sales. Tata Motor’s share price is down to its lowest level since August 2013, closing down 5.5 per cent with [...]
The UK’s 10 most difficult interview questions from Accenture, Barclays, Google and Metro Bank February 10, 2016 Job interviews are stressful at the best of times: not only do you have to remember not to fidget in your seat or worry about your handshake being clammy, you also have to get those tricky questions right… City firms are notoriously tough on their victims (er, we mean interviewees) and some of the interview [...]
Chinese New Year 2016: ‘Year of the Monkey’ sales boost expected as London brands race to attract Chinese shoppers February 1, 2016 Despite China's creaking economic slowdown and chaotic markets, London's shops could benefit from a boom in tourists over Chinese New Year. Tax-free incentives, a simplified visa programme and a new generation of shopping-mad millennials are behind the expected increase in Chinese spend, according to international retail specialist Global Blue. Chinese New Year takes place between 8 [...]
Galvin Hop review: The Galvin brothers open their first gastropub in the City February 16, 2016 Galvin HOP, Spital Square, E1 What? A new gastropub – or “pub de luxe”, as the eponymous Galvin brothers prefer to call it – serving gourmet pub grub, snacks and pints. There’s also a takeaway bar so you can grab breakfast rolls, toasted muffins, Eccles cakes and “luxe dogs” to eat (ahem) on the hop. [...]
City Moves for 15 February 2016 | Who’s switching jobs February 15, 2016 RBC Martin Copeland (pictured) has joined RBC in London as head of oil and gas, reporting to Nick Taylor. Martin has 25 years of experience and joins RBC from Evercore where he co-founded the EMEA energy team and led a number of high profile oil and energy mandates. Prior to Evercore, his previous roles include [...]
Shoe fits for Cinven as it takes home Kurt Geiger December 14, 2015 Kurt Geiger is changing hands for the third time in four years after being snapped up by private equity group Cinven. The group’s management and its backers Sycamore Partners have sold the 52 year-old footwear chain to Cinven in a deal thought to be worth around £250m. The sale is the latest in a string [...]
Organic coffee company Cru Kafe turns to Seedrs to raise £300,000 in crowdfunding campaign to “stabilise its working capital” November 24, 2015 Ethical coffee brand Cru Kafe is looking to raise £300,000 in an equity fundraiser on crowdfunding site Seedrs. In exchange for 5.76 per cent of the company's stock, the Cru Kafe, which makes organic, Fairtrade coffee capsules for espresso machines, is looking for cash to help grow its business. Co-founder and chief executive Colin Pyle told City A.M. the [...]
What are the best companies to work for in the UK? Expedia, Hays and AKQA triumph ahead of Google and Goldman Sachs December 9, 2015 Move over Google. Its treats such as slides, sleep pods and snacks have failed to win over staff, and the mighty tech company has been toppled from its perch as the best company to work for in the UK while home grown firms climbed ahead. Flying to the top spot from number 25 last year was online travel [...]
Autumn Statement 2015 UK: Here’s how much each London borough makes from business rates November 25, 2015 The much-maligned business rates system could be in for a shakeup during today's Autumn Statement, after retailers held talks with the Treasury to demand urgent reforms to the regime. While some have suggested a major shakeup, including a revaluation of properties to ease pressure on retailers paying rates on properties last valued at the height [...]
Food trends 2016: black food, Persian food and cherry bakewell tarts January 6, 2016 Black to snack Bamboo blackened brioche buns, dark ribbons of squid ink pasta and even charcoal-infused water will herald the arrival of what might be this year’s least appetising food trend. In 2016 expect to eat black food, very black food, darker than the howling souls of the damned. Burger King Japan kicked off the [...]