Merciless Omicron beating: Retail sector in shock as Boxing Day sales in central London plummet by nearly 70 per cent December 27, 2021 Retailers in central London and across the UK are in shock as the number of bargain hunters looking for Boxing Day sales on the high street plummeted to almost half of pre-pandemic levels. In central London, footfall was 67 per cent lower than 2019 numbers, while it was 58 per cent below 2019 in other [...]
New prime minister has to grapple with ‘unsustainable’ UK indebtedness, fiscal watchdog warns July 7, 2022 Britain is on “an unsustainable path” to high indebtedness unless action is taken to strengthen the public finances, the country’s fiscal watchdog warned today. A combination of higher health spending to deal with an ageing society, the loss of motoring taxes due to the transition to net zero and greater geo-political risks could swell the [...]
Cigar butt discarded by Winston Churchill could fetch £1,200 at London auction May 7, 2021 A cigar butt discarded by Sir Winston Churchill and picked up by a policeman is expected to fetch up to £1,200 at auction. The item cast aside by the wartime leader in the 1940s will go on sale along with a pair of satin slippers that once belonged to Queen Victoria. Made in the mid-19th [...]
Emma Raducanu capitalises on US Open success with Tiffany & Co sponsorship deal September 23, 2021 Emma Raducanu has signed the first major sponsorship deal since her breakthrough success at the US Open, with jeweller Tiffany & Co. The 18-year-old British tennis sensation has been tipped to land a swathe of commercial deals after producing one of sport’s most remarkable storylines at the grand slam earlier this month. Raducanu wore Tiffany [...]
The race to Eugene is on and men’s sprinting is hotly contested May 10, 2022 The long-standing successes of US collegiate sports are well known. The countless NFL players, the basketball stars and, of course, the seemingly endless prominence in the world of track athletics. This year is no different, and while all of the athletes may not be American in nationality, it’s in the United States where the majority [...]
Luke Chadwick interview: Ex-Manchester United star out to change children’s coaching August 25, 2022 When Luke Chadwick joined Manchester United as a shy teenager it was not the culture of excellence so much as the welcoming environment that Sir Alex Ferguson had cultivated which made the biggest impression. United’s legendary manager favoured the personal touch, as Chadwick found before a trial match. “Sir Alex came into the dressing room [...]
Exclusive: London rides wave of floats to snatch Europe listing crown December 20, 2021 London has ridden the crest of a wave of companies listing in the capital over the last year, reveals a fresh study shared exclusively with City A.M. today. The City muscled out its rivals on the continent to take the crown as Europe’s top listing hotspot, research by consultancy KPMG has found. The capital breezed [...]
Exclusive: Homebase among 40+ retailers to offer Bitcoin cash back November 18, 2021 Major UK retailers including Homebase plan to give online shoppers cash back in Bitcoin it has been claimed. Homebase is among more than 40 retailers which will be added to a crypto rewards scheme powered by London-listed fintech Mode, the company announced today. When UK customers make purchases at participating retailers their Mode wallet will [...]
Get jabbed: The London vaccine clinics offering walk-in boosters this week December 17, 2021 London’s first 24-hour vaccine clinic has opened today, in a bid to trim down queues that have prompted wait times of several hours. It comes after the prime minister amped up the national effort for people to receive a third dose of a Covid-19 vaccine, further widening the programme earlier this week to include people [...]
Electra Private Equity to rename as Unbound in hospitality demerger August 17, 2021 Electra Private Equity has reiterated its plans for a spin off of its hospitality brands and will rename the company Unbound Group. Restaurant brands TGI Friday and 63rd+1st will be split away under a new company named Hostmore, with shares given to Electra shareholders. The private-equity investment trust will be left with one remaining business, [...]