Interview: IoD’s new chief economist delivers damning verdict on Tory tax hikes October 4, 2021 After just a month or so into the job, the freshly appointed chief economist of the organisation that represents British business leaders is wasting no time in weighing in on the ails of the UK economy, shooting down one area in particular – tax. Kitty Ussher of the Institute of Directors (IoD) has slammed the [...]
Exclusive: ‘Under Boris, the tail has been wagging the dog way too much’, says Charlie Mullins June 30, 2021 Discussing new health secretary Sajid Javid with London’s best-known plumber, entrepreneur Charlie Mullins, it becomes instantly clear that the founder of Pimlico Plumbers is a big fan. “In 2020, Sajid Javid chose to quit as Chancellor and walk out of Number 11 rather than bow down to Dominic Cummings and the Prime Minister and sack [...]
UK hospitality firms predict 41 per cent drop in summer sales August 27, 2020 UK hospitality firms are predicting a 41 per cent drop in sales over the summer months, although businesses are optimistic that trade will pick up this winter. According to the latest research, six per cent of hospitality and leisure sector companies are confident about growth this summer. However confidence surges in the winter months, with [...]
Saturday sitdown: Whistle king Simon Topman on surviving two world wars and a global pandemic February 19, 2022 With businesses around the world managing the Covid pandemic and each facing their own set of challenges, City A.M. caught up with Simon Topman, managing director of 150-year-old ACME Whistles, to blow the whistle on how this pandemic has differed from two world wars and other global disasters. Since inventing and making the first ever [...]
The City View: Victoria Scholar on rising prices, unemployment and retail sales data; and XR cause Lloyd’s of London HQ shutdown April 12, 2022 Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through some of the week’s economics data on GDP, unemployment, retail sales, and talk trading updates. They discuss the latest from ASOS, Deliveroo, and EasyJet: ASOS is facing a raft of headwinds, as investors lose confidence in the online retailer; [...]
How New York invented the business breakfast February 25, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Melissa York’s trip to New York to find the original business breakfast. ••• Every morning, Leigh Wynn, the maitre d’ of the most expensive and exclusive breakfast spot in New York, wakes up at [...]
The turf wars for on-demand delivery won’t be won with a fast and dirty business model May 8, 2021 Getir, Dijia, Weezy, Zapp and Fancy. There is a handful of the new on-demand grocery delivery apps that have flooded London’s streets over the last few months. Behind each of them is a fierce turf war for customers, as they try and capitalise on the now ubiquitous presence of food delivery. The surge of grocery [...]
Burns Night is here again: Here’s what to drink and where to go January 25, 2022 Today is Burns Night, the annual celebration of Scotland’s national poet, and semi-official “St Patrick’s Day” for lovers of Scotch. Plan B restrictions may have derailed large-scale Burns Suppers and ceilidhs, but there’s no reason you can’t stay home, put on a Gay Gordons LP, whip up some haggis, neeps, and tatties, and toast the immortal memory of Robert Burns with [...]
How will losing its London licence affect Uber? January 8, 2020 Uber does not appear to have the controls necessary to run a wide-scale transport service and assure passengers and authorities of adequate safety standards. Despite London being one of the company’s top five markets in the world by revenue, the company has shown a marked reluctance to fully co-operate with transport authorities. Time and again, [...]
Why sport is playing against the clock when it comes to the climate crisis October 26, 2021 It is becoming increasingly apparent that the climate crisis touches everything and sport – often played outdoors and shaped by the weather – is, not surprisingly, no exception. Winter sports are in serious trouble. Alpine glaciers and skiing seasons are rapidly shrinking. Not a single event on last year’s biathlon circuit could proceed without using [...]