Focus on Wapping: First-time home buyers are taking advantage of City connections and ‘sensible’ prices September 27, 2019 Located on the north bank of the Thames just to the east of Tower Bridge, Wapping is one of the few remaining postcodes where you can snap up a flat within walking distance of the City without a completely eye-watering price tag. Formerly the domain of dock workers, large swathes of the area have been [...]
Bank of England takes action over Visa card payment outage March 8, 2019 The Bank of England (BoE) has taken action against Visa following an outage last year that caused more than 2m card transactions to fail. The BoE has announced supervisory action to ensure that Visa Europe enforces the recommendations made following an independent review by EY in the wake of the incident. Read more: TSB online [...]
Restaurant sector defies confidence slump as UK leisure spending grows February 6, 2019 Restaurant goers continued to show an appetite for dining out towards the end of last year, with net spending in the UK’s leisure sector rising in the final three months of 2018. According to a new report from Deloitte, the UK’s leisure industry grew by two percentage points year-on-year in the fourth quarter of 2018, [...]
Revealed: The best places to watch the 2019 Boat Race April 5, 2019 The annual Boat Race between Oxford and Cambridge will take place this Sunday in southwest London. The race, which has been held annually since 1856 excluding the war years, is expected to draw a crowd of at least 250,000 people. The women's race will start at 2:13pm and the men's race will start at 3:10pm, [...]
Hotel Review: The Cary Arms & Spa in Torquay is a highlight of the Devon coastline June 10, 2019 Whatever they paid the marketing wizard who rebranded Torbay as the ‘English Riviera’ – where the Cary Arms & Spa resides – it wasn’t nearly enough. The name evokes images of sun-beaten beaches lined with palm trees swaying in the hot afternoon sun. Of ice creams melting down sticky hands, thick paperbacks with broken spines [...]
From sunken sculptures to rusting Soviet planes, Grenada is an island brimming with mystery October 2, 2019 There’s a human silhouette looming out of the depths. The waves above have churned up the sand below, and now the sediment coils above the seabed like a strange mist, like something out of a Stephen King novel. I pop my head above the surface to fill my lungs with as much air as they [...]
Focus On Stratford: Around 30,000 new homes are planned for the east London Olympic hub by 2030 March 13, 2019 The 2012 Olympic Games may feel like they happened last century, but their legacy lives on in Stratford. Though it resides in Newham, one of the most deprived boroughs in the capital, the host neighbourhood of the Games has attracted a phenomenal amount of property investment in both commercial and residential sectors. There are currently [...]
UK stocks 2020: Which shares are City A.M. staff backing in the new year? December 30, 2019 The UK stock market looks set to end the year on a high after the Tories’ election win and progress in US-China trade talks alleviated the uncertainty that has weighed on markets for months. But the road ahead is far from clear, with the looming Brexit date of 31st January and various upcoming trade negotiations [...]
Young’s pubs boss Patrick Dardis: “Smithfields is the new Covent Garden” November 16, 2017 Pub company Young’s has announced a deal to buy City favourite Smith’s of Smithfield and its sister site on Cannon Street. The acquisition was confirmed as the group reported a market-beating rise in sales across its pubs. The figures Revenue across managed pubs, which accounts for the biggest chunk of the business, was up 4.6 [...]
The AA’s opting for the long road to stability April 4, 2019 Shares in the AA have been swerving all over the place since it returned to the stock market in 2014. After jumping from a float price of 250p to 430p the following year, the ambitions of the team that steered the roadside rescue outfit through an unusual management-buyout-cum-IPO began to stutter. The stock slid and [...]