Sunak ‘putting tackling legal migration top of the agenda’ at European summit June 1, 2023 Rishi Sunak is seeking to put “tackling illegal migration top of the international agenda” at a gathering of European leaders in Moldova. The Prime Minister is stressing the need for collaboration on the “global issue” at a meeting of the European Political Community. While there, he is expected to announce the start of negotiations on [...]
Halfords revenues rise as consumers sniff out budget auto care September 6, 2023 Halfords reported a 14.1 per cent hike in revenue for the first five months of the year as the retailer was bolstered by demand for “basic needs” services such as motoring. The motoring and cycling retailer said that revenue in its autocentres division grew 34.6 per cent and retail rose 3.7 per cent. Halfords has [...]
Cost of love: Brits opt to dine in and scale back as flower prices soar this Valentine’s Day February 14, 2024 The price of a bouquet of roses has shot up around four per cent if you look at Wednesday’s inflation reading.
Recession uncertainty arrests UK business confidence upward march June 1, 2023 Uncertainty about whether the UK economy will tip into a recession caused by sky high inflation and the Bank of England hiking interest rates aggressively to tame it is keeping businesses grounded, a new survey out today shows. A five straight month upward rise in optimism among leaders of Britain’s biggest firms was arrested in [...]
City of London office leasing hits all time high February 20, 2020 Office space leasing in the City hit an all time high in 2019, rising to 43 per cent of all take up across London, according to the latest research. Leasing in the City reached 6.4m sq ft last year, a jump of three per cent on the previous year. Total office leasing in London reached [...]
Lidl opens its largest ever warehouse in Luton September 5, 2023 Lidl has opened its biggest warehouse worldwide, which is worth £300m, in Luton creating over 1,000 new jobs. The German discounter said the 1.2m sq ft site in Houghton Regis, Luton, will service 150 stores and open up 1,500 new positions. The regional distribution centre (RDC) will feature solar panels that are set to generate [...]
Grafton names Eric Born as new chief October 28, 2022 DIY retailer Grafton has appointed Eric Born as its new chief executive officer, it announced on Friday morning. Born will take on the job on 28 November, succeeding Gavin Shark at the helm of the Woodie’s owner. Born has previously served a five year stint running global aviation services giant Swissport International AG, as well [...]
Debate: Does the home-working trend caused by coronavirus herald the death of the office? March 24, 2020 As the world gets used to home-working, City A.M. asks whether this means the end for traditional office spaces. Yes – Andrew Johnson, managing director at PowWowNow With millions of people having to work from home worldwide, the future of the office as we know it will be transformed. Companies will have the technology, policies [...]
Welcome to the toughest job in London: Thames Water picks new operations director September 4, 2023 Crisis-hit utilities giant Thames Water has parachuted in a veteran from TfL to head its London operations as it seeks to regain credibility.
CMC Markets: Tory peer’s listed trading platform appoints new CFO amid slowdown September 4, 2023 Online trading platform CMC Markets, owned by Tory peer Lord Cruddas, has appointed Albert Soleiman as its chief financial officer, replacing Euan Marshall. Soleiman first joined CMC in 2005, remaining at the company until 2019 when he joined Bitfury UK, a blockchain technology company, as global tax director. He rejoined the London-listed firm a year [...]