‘Them’s the breaks’: Defiant Boris Johnson resigns as Prime Minister July 7, 2022 Boris Johnson has formally announced his resignation as Conservative party leader and Prime Minister, telling a crowd of supporters and press outside Downing Street that he was “sad … to be giving up the best job in the world”. Johnson was defiant until the end and blamed today’s resignation on Wesminster’s “herd” mentality, instead of [...]
Yes, inflation will fall – but back to Bank of England target? Well, that’s anyone’s guess May 23, 2023 Inflation is definitely on its way down, but no thanks to the Bank of England – well, yet. Most of the drop will be driven by energy price rises falling out of the ONS’s numbers. Tomorrow’s figures are poised to start that descent, with the rate of inflation probably falling to around eight per cent [...]
Bank of England to hike interest rates for 12th time in a row and forecast falling inflation May 9, 2023 The Bank of England is poised to intensify the strain on households and businesses’ finances by hiking interest rates for the 12th time in a row this Thursday in a bid to bring down inflation, City analysts are betting. Threadneedle Street’s nine-member Monetary Policy Committee (MPC), the group tasked with setting official borrowing costs in [...]
What the rise of Politics Joe says about young people’s relationship with the news? June 30, 2024 Politics Joe was recently named one of the most mentioned news brands in the UK by the Reuters Institute for journalism. How has it been so successful?
Check your commute here: What is each train operator in Britain planning for today’s strikes? June 21, 2022 As rail workers are walking out today, Thursday and Saturday, disruption is expected to last every day this week until Sunday. All of UK’s train operators have released plans for how their services will be altered during this week’s rail strikes, so we have a breakdown of each operator’s plan for strike days, in alphabetical [...]
High street redundancies: Which retailers have cut jobs in the pandemic so far? February 13, 2021 Thousands of high street jobs have evaporated during the coronavirus pandemic, as retail chains have fallen under the pressure of lockdown restrictions on trading. The UK high street, which was already struggling before the pandemic, is set to look very different when shoppers return after lockdown following high profile collapses that have cost many retail [...]
John Lewis set to announce job cuts and store closures July 1, 2020 Department store giant John Lewis is planning to slash jobs and close some of its stores as the coronavirus crisis continues to weigh on the retail sector. John Lewis has so far reopened 22 of its 50 UK stores as the lockdown begins to ease, but said it is likely that some shops will remain [...]
Corona Impact Series: A North London stationery brand forced to go digital December 22, 2020 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: how a small paper goods chain was forced to accelerate its digital transformation. “At the start of the first lockdown we had to close our five brick-and-mortar stores pretty much overnight,” sighs [...]
Deliveroo goes for speed as it joins forces with WHSmith for new 20 minute delivery service March 29, 2022 Online delivery giant Deliveroo said this morning it will soon be able to deliver a raft of products, from printer cartridges to bestselling novels, to customers in under 20 minutes. The company has joined forces with WHSmith as it continues to expand further from its traditional takeaway delivery business. It is Deliveroo’s first major leap [...]
3 Great fintech jobs in London this week February 20, 2023 Searching for your next fintech job move? London should be at the top of your career bucket list. This is a city with everything you could want; bustling nightlife, a wealth of different cultures, great transport links, plus plenty of top companies with exciting opportunities––and of course, a long history of being at the heart [...]