M restaurant founder Martin Williams on his new Canary Wharf venue September 6, 2022 Sitting in the new M restaurant in Canary Wharf, a few days before it officially opens today, is a slightly surreal experience. Overlooking the river in the new, diamond-shaped Newfoundland Quay tower, a row of people in wetsuits are doing laps around the docks below us. As they approach the restaurant they glide past a [...]
Mike Ashley demands landlords link rent to sales November 17, 2019 Retail tycoon Mike Ashley, the founder of Sports Direct, has demanded that new rent deals are tied to sales across his high street empire. Ashley has reportedly asked landlords to agree to turnover rents, where up to 15 per cent of the rent payable is linked to in-store sales. Read more: Sports Direct ends two [...]
‘Affordable’ London conversion makes classic Mini an electric car June 10, 2021 London Electric Cars is converting classic Minis to run on electric power – using second-hand Nissan Leaf batteries and motors.
Adam Peaty, Tom Daley, Matty Lee and Tom Pidcock lead Team GB gold rush on day three of Tokyo 2020 Olympics July 26, 2021 Adam Peaty, Tom Daley and Matty Lee, and Tom Pidcock all won gold as Team GB kick-started their Tokyo 2020 Olympics on day three. Swimming star Peaty confirmed his utter domination in the men’s 100m breaststroke, winning the final by six tenths of a second to defend the title he won in Rio de Janeiro [...]
Exclusive: Coutinho, Ronaldo, Bale, Grealish and other mega transfers to push Premier League spending to £55bn by 2050 September 9, 2021 Premier League clubs’ spending sprees will amount somewhere close to £300m annually in the next 30 years, according to new research that was shared with City A.M. this afternoon. The average outlay per club is set to be £286,996,502 in 2050, an increase of 135.99 per cent, while the average fee paid by top-flight clubs [...]
Rugby in review: England’s year dissected November 24, 2021 Former Sale Sharks winger and 55-cap England back Mark Cueto, and City A.M.’s Matt Hardy, dissect Eddie Jones’ side across 2021. It’s been an extraordinary year for rugby. Initially empty stadiums, new found stars and the development of world class squads. For England though, it hasn’t all been plain sailing. So just how has this [...]
Ireland’s Aer Lingus appoints IAG Cargo head as new CEO February 25, 2021 Aer Lingus secures IAG Cargo head as it's new CEO after fighting for survival during the pandemic
Shop Direct gets £75m injection from Barclay brothers as it looks to plug PPI funding hole November 13, 2019 Shop Direct has been given a £75m equity injection from its parent company as it looks to plug a funding gap from the cost of recent payment protection insurance (PPI) complaints. The online retailer owned by the billionaire Barclay brothers said today that £75m will be invested by way of an equity injection before the [...]
UK trade bodies rebel against ‘cartel-like’ shipping costs October 19, 2021 Make UK, the trade body representing UK manufacturers, has called on the Competition and Markets Authority (CMA) to open an investigation into the shipping sector’s “cartel-like practices” when it comes to the increase in prices. Writing a letter to the CMA alongside the British Chamber of Commerce (BCC), Make UK has said that the “increase [...]
Putin ‘running out of missiles’ amid claims quarter of Russian Army now lost: Kremlin loses momentum in Donbas May 6, 2022 Vladimir Putin could be running out of missiles and armaments because of how much his forces have had to fire during the Ukraine war so far, according to the head of Britain’s Armed Forces. The Chief of Defence Staff, Admiral Sir Tony Radakin, said Russia has now lost 25 per cent of all its forces [...]