Troubled burrito bond chain Chilango postpones AGM amid questions over future November 26, 2019 Chilango has postponed its annual general meeting (AGM) amid continued questions over the burrito chain’s future, City A.M. can reveal. The Mexican restaurant group is in talks with restructuring firm RSM to secure its long-term future, and is almost eight weeks late posting its accounts to Companies House. Read more: FCA to ban marketing of [...]
Why did Uber lose its London licence and what happens now? November 25, 2019 Transport for London’s (TfL) decision to not renew Uber’s licence may come as a shock to its 3.5m users in the capital, but what does it actually mean in the short-term? TfL cited various reasons to effectively ban Uber from the capital, but can Uber appeal it and if so, what are its chances of [...]
Chelsea 1-2 Liverpool: Reds show title credentials in game of two halves at Stamford Bridge September 22, 2019 Liverpool showed their Premier League title credentials in a game of two halves at Stamford Bridge on Sunday. The Reds bounced back from a midweek defeat to Napoli by making it six wins from six in the top flight with a hard-fought 2-1 victory over Chelsea. If the first half was all about the array [...]
UK’s ‘Two borders, four years’ Brexit offer gets mixed backing October 2, 2019 Boris Johnson’s “final offer” on Brexit has already been rejected by some of the key players, hours before being officially unveiled. As reported by City AM last night, the Prime Minister is set to submit the UK’s legal text to Brussels later today, coinciding with a keynote speech at the Conservative party conference in Manchester. [...]
Exclusive: Chilango eyes restaurant closures as it prepares to launch CVA December 8, 2019 Chilango is considering shutting some of its restaurants as it fights to avoid administration. The stricken Mexican chain will launch a company voluntary arrangement (CVA) as soon as tomorrow, ahead of a crunch meeting with shareholders next week. Read more: Questions over Chilango’s future after burrito chain calls in restructuring firm RSM The controversial restructuring [...]
The internet can help left-behind constituencies step into the future November 21, 2019 It can sometimes be easy to forget that the internet plays a vital part of everyday life. It makes a substantial economic contribution to the UK, creating approximately 400,000 jobs, 80,000 businesses, and £45bn in gross value added to the UK’s GDP. Most importantly, the internet improves people’s lives with products and services that make [...]
HS2 review still unfinished, with no final decision expected until after election November 3, 2019 A decision on whether to proceed with the controversial HS2 rail project appears to have been pushed back until after the upcoming General Election, amid uncertainty over how it will feature in party manifestos. Lord Tony Berkeley, the deputy chairman of the official review into the high-speed rail scheme, said the report remains unfinished, with [...]
Why Boris Johnson could be the man to unlock the potential of the Northern Powerhouse August 9, 2019 If I asked you to think of a politician who could rebalance the economy and reinvigorate the north, Boris Johnson probably isn’t the first who springs to mind. With his Eton schooling and eight-year tenure as mayor of London, Boris is very much the stereotypical southern Englishman. You’re much more likely to conjure up Andy [...]
Thousands protest Boris Johnson’s move to suspend parliament August 31, 2019 Protestors have taken to the streets across the UK to protest against Boris Johnson’s plans to prorogue parliament. The Prime Minister revealed this week that he would suspend parliament for five weeks from 10 September and faced an immediate backlash. Read more: Scottish court rejects bid to halt proroguing parliament A number of court hearings [...]
UK now has more electric car charging points than petrol stations November 2, 2019 There are now more public electric car charging points in Britain than petrol stations, according to newly released figures. The Department of Transport has released numbers showing a breakdown of the amount of charging points in each borough in the UK. Read more: Dyson pulls plug on electric car project The total number of public [...]