Where to watch the Six Nations in London: Bars, pubs and dinners January 26, 2024 It is upon us again. The Six Nations brings people together over rugby, food, rivalries and, of course, Guinness. But what is there to do, and where? City A.M. have compiled a list of the five hottest places to watch the rugby or attend dinners with legends here in London. Take a look. Dinner with [...]
Biscuit lovers help lift Fortnum & Mason’s back from the brink January 16, 2023 Fortnum & Mason has returned to profitability following two successive years of losses. The historic British department store and grocer reported an operating profit of £6.1m on sales of £187m when its year ended on 10 July 2022. This marks a dramatic turnaround from the £2.7m loss the luxury food store posted in its previous [...]
Delivery kitchen operator Peckwater Brands raises £15m in funding round led by pub giant Stonegate June 13, 2022 Delivery kitchen operator Peckwater Brands has clinched £15m in a Series A funding round, which was led by the country’s largest pub company. The funding round was led by Stonegate Group, with the pub chain taking a minority stake in the firm, for an undisclosed sum. Peckwater Brands helps restaurant chains build virtual brands that [...]
Next boss laments not getting ‘Brexit I wanted’ and calls for migration changes to fill staff shortages November 10, 2022 The CEO of Next has implored ministers to ease rules for overseas workers wanting to come to the UK and said he did not get “the Brexit I wanted.” Lord Simon Wolfson reiterated previous pleas for the government to make it easier for workers to move to the UK to plug staff shortages across the [...]
DART rail system has been a ‘gamechanger’ for Luton Airport, says chief executive July 10, 2023 The launch of the Luton DART rail system has “simply been a gamechanger for the airport,” the boss of Luton Airport said, amid plans to expand its passenger cap to upwards of 19m. Speaking to City A.M. Alberto Martin, London Luton’s CEO, said that the new rail transit system will also play a “pivotal role” [...]
Axa vows not to appeal ruling over Corbin & King’s £4.4m claim for Covid linked losses April 3, 2022 Axa has said it will not appeal a High Court ruling ordering it to pay out £4.36m to high end restaurateur Corbin & King, after the firm was forced to close its restaurants during the pandemic. The French insurer said it would not appeal the February decision after it initially refused to pay the restaurant [...]
Cheap London firms in crosshairs of trigger-happy activist investors in 2024 January 10, 2024 Activist investors are circling the London Stock Exchange this year in a bid to capitalise on the “significant valuation gap” facing UK firms, a new report has claimed.
Election ploy? Off-peak Friday tube trial was Sadiq Khan’s decision, says TfL July 24, 2024 The trial was branded an "expensive election bribe" by critics of Sadiq Khan after its announcement in the lead up to the Mayoral election.
Can Mayfair’s Park Chinois combine dinner and cabaret and make it good? May 4, 2022 There are lots of things in life that could reasonably be described as ‘a lot.’ Visiting the in-laws can be ‘a lot,’ as can indulging your drunk uncle in conversation when he’s offering his take on cancel culture. Marzipan is also ‘a lot’, and so is trifle. All of these over-stimulating experiences pale by comparison [...]
We’re still paying for lockdown, so why is no one talking about it? June 7, 2024 We borrowed billions to pay for lockdown but neither Starmer nor Sunak will admit that the resulting debt is holding the public finances in a vice-like grip, says Paul Ormerod To borrow a famous phrase from Karl Marx, a spectre is haunting the election campaign. Despite the frantic efforts by the Conservatives to portray Keir [...]