London’s thriving financial districts are a testament to reinvention April 4, 2024 Necessity is the mother of invention – or in this case, reinvention. Many a conversation in 2020 and 2021 revolved around the future of the Docklands hub, which seemed to be at risk from our brave new world of hybrid working. Walking round the Wharf today, though, and it’s obvious that what may once have [...]
New Bond St second priciest shopping street in Europe as West End hopes for Christmas rebound November 23, 2022 New Bond St has been dubbed as the second most expensive shopping street in Europe, missing out the top spot to Milan’s Via Montenapoleone. The new rankings from real estate services firm Cushman & Wakefield show a robust landscape for retail real estate, despite a torrid few years due to Covid. New Bond St boasts [...]
Currys gives 10,000 staff fourth pay rise in 18 months with extra help for London workers March 21, 2023 Tech retailer Currys will increase wages for hourly paid staff for the fourth time in 18 months – with workers in the capital getting extra help. Pay for hourly paid store colleagues will rise to £10.50 across its stores in the UK and to £11.50 in London. The retailer revealed that the average store colleague [...]
FTSE 100: UK stocks erase losses from last week’s selloff ahead of economic data dump August 12, 2024 The FTSE 100 reversed its losses from last week's massive global selloff on Monday as investors hunt for bargains and look ahead to a slew of economic data in the coming days.
The Body Shop owners sell ‘avant-garde’ skincare brand Aesop to L’Oréal for £2.5bn April 4, 2023 L’Oreal has agreed to buy Australian skin care brand Aesop for $2.5bn (£2bn). The French cosmetics giant snapped up the brand from Natura &Co – owners of British retailer The Body Shop. Since its formation over 30 years ago, Aesop has grown greatly in popularity and is most known for its hand soaps and body [...]
Fleet Street: £5bn development plan will transform former Daily Express HQ to serve a surprising new purpose April 25, 2023 The former Daily Express headquarters is among a flurry of buildings that will be transformed as part of a £5bn makeover of Fleet Street. A pipeline of 34 new developments have been announced for the East London region, which was once the former home of the newspaper industry. As part of the scheme, Salisbury Square, [...]
Tube journeys regularly hitting over 80 per cent of pre-pandemic levels as commuting rebounds July 3, 2023 Weekday tube and bus journeys are regularly hitting over 80 per cent of pre-pandemic levels and often exceed 2019 footfall figures on the weekend, according to Transport for London’s chief operating officer Glynn Barton. The most recent week of TfL tube data shared with City A.M. shows tube trips reached over 80 per cent of [...]
European Green Transition hits London Stock Exchange on rare metal hopes April 8, 2024 The self-described ‘green economy asset developer carries a market capitalisation of £14.5m.
Even as Signa struggles, Selfridges is still the beacon of Oxford Street retail November 14, 2023 We shouldn't write off the department store, it's what the 'experience economy' was built on, writes Anna Moloney.
How the Chinese New Year and covid rule changes could give a tourism boost to London’s West End January 6, 2023 London’s West End is looking forward to the return of Chinese tourists this month, after the easing of the nation’s zero-Covid policy – ahead of the Chinese New Year. China has seen a surge in Covid infections in recent months, with EU countries introducing testing requirements for travellers. Travel from and to China will be [...]