Over 400 Stonegate pubs in London risk closure, GMB claims April 19, 2024 Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.
Our biggest ever competition – offering readers a £10,000 cash prize January 31, 2023 City A.M. has teamed up with Lucky Break competitions to offer a prize sure to blow the winter blues away. Readers of City A.M. both in print and online are able to enter simply by answering a qualifying question – and then buying tickets to the prize draw. A host of different draws could see [...]
House prices: October bump the worst since the height of the financial crisis October 16, 2023 House price behaviour is back where it was in the height of the financial crisis, with the "key selling season" of October failing to give prices liftoff.
Saving Christmas: Why I am taking the government to court over its Covid-19 response September 16, 2020 Once again, the public has had a royal telling-off by Boris and his motley crew. With gatherings of over six banned from Monday, it almost feels like Groundhog Day – but there is one crucial difference. This time, we have seven months of lockdown under our belts and with this, reams of repugnant evidence that [...]
Moving markets: Five things shaping the FTSE 100 today January 9, 2024 Asian markets surge amid weaker dollar, gold and oil prices climb, bitcoin surges, United Airlines uncovers loose bolts on multiple 737 max, eyes on U.S. inflation and JPMorgan chase/Citigroup earnings this week
Britain’s charity sector is being buffeted by the winds of the recession December 5, 2022 The charity sector in the UK is massive. Not just the sheer number of charities, the amount they contribute to the economy or the number of people they employ (165,000, £20bn and 950,000 respectively), but most importantly, their impact. Most of you reading this, whether you know it or not, will have had your lives [...]
Fuller’s boosted by commuters returning to London as gov offers ‘close to zero support’ for pubs November 17, 2022 The government has not issued any “meaningful support” for the pub sector, the boss of Fuller, Smith & Turner, told CityA.M., following the autumn budget. Although the country now had a “very strong” Prime Minister and “very solid” Chancellor in place, the pub sector had been offered “close to zero support” amid a worsening economic [...]
Selfridges plays down £1.7bn debt concerns saying it is ‘very confident’ about year ahead March 1, 2023 The owners of Selfridges have said they are “very confident” about the outlook for this year as it sought to play down reported concerns that its debt pile, worth over £1.7bn, could cause problems for the luxury department store. The Telegraph reported that the Thai and Austrian owners of Selfridges have laden the firm with [...]
Falling price of butter leads the way as grocery inflation drops again October 10, 2023 Grocery price inflation has fallen again with the average price of a pack of butter now 16p less than a year ago, figures show. Prices across grocers were 11 per cent higher than a year ago for the four weeks to October 1, down from the previous month’s 12.2 per cent, analysts Kantar said. It [...]
ASOS reports sales slump as it offloads stock to ‘right-size’ the business March 26, 2024 It told the markets this morning that the sales decline was "broadly in-line with guidance" because in the fourth quarter of 2023, trends were expected to continue to slow down.