City A.M.: Thursday’s the new Friday – so we’re going digital only on Friday January 9, 2023 City A.M. is back on the streets of London today after a Christmas and New Year hiatus – and, responding to the new word of work, will now be a ‘digital-only’ publication on Fridays. Since returning to print in September 2021, City A.M. is back to almost 100% of its pre-pandemic circulation levels across the capital and [...]
Mexi-go-go: How Tortilla has turned burritos into big business January 9, 2023 Mexican restaurant chain Tortilla has revealed that sales jumped by a fifth over the past year despite the impact of train strikes and poor weather. Shares in the group rose on Monday morning after the 85-strong chain revealed that revenues grew 20% to £57.7 million over the 12 months to January 1, compared with the [...]
Chicken run: Nando’s looks to stave off cost of living with new student discount January 9, 2023 Nando’s has joined the raft of retailers and hospitality firms using discounts to keep stores busy amid a difficult economic climate. The High Street chicken staple has announced its first ever student discount today as inflation, energy bills and a host of other cost pressures continue to eat away at the nation’s disposable income. Last [...]
Business energy support scheme to be slashed today as Jeremy Hunt warns help can’t last forever January 9, 2023 A new scheme to support businesses with their energy bills will be announced later on Monday, but is expected to be significantly cut after Chancellor Jeremy Hunt warned existing spending is “unsustainably expensive”. The package will be announced to MPs, with the current cap on the unit cost of electricity and gas for firms set [...]
Branson: Britain doesn’t appreciate private enterprise – and don’t call me a billionaire January 9, 2023 SIR RICHARD BRANSON has warned the UK no longer appreciates entrepreneurship – as he prepares the UK’s first ever rocket launch. Virgin Orbit is set to send a 747 named Cosmic Girl to 40,000 feet as soon as this evening – taking off from a spaceport in Cornwall – at which point it will then release a [...]
The Notebook: Dogs in the office, Next’s triumph, and the Madoff documentary January 8, 2023 The Notebook is a new addition to City A.M.’s daily offering, giving the City of London’s movers and shakers the chance to let a few things off their chest. In this first edition – it’s our editor, Andy Silvester, penning his thoughts. ONE of the things that fascinated me as a child were ant farms [...]
Watch: Bolsonaro supporters invade Brazil’s Congress and Supreme Court in Brasilia January 8, 2023 Supporters of Brazil’s former far-right President Jair Bolsonaro on Sunday invaded the Supreme Court, the Congress building and surrounded the presidential palace in Brasilia, according to television images. In an echo of the Jan. 6, 2021 invasion of the U.S. Capitol by supporters of former U.S. President Donald Trump, Several thousand protesters broke into the [...]
No crumpets: Warburtons off the shelves at Waitrose for a year after ‘performance’ issues January 8, 2023 AN UNLIKELY corporate row has broken out between Waitrose and Warburtons that has seen the nation’s favourite crumpet pulled from the shelves of the middle class’ supermarket of choice. Waitrose made the call after the Lancashire bakery’s products “didn’t meet our expectations” according to a report in the Telegaph. Warburtons’ chairman James Warburton meanwhile told [...]
Emmanuel Macron set for almighty row over plans to bump up French retirement age January 8, 2023 French President Emmanuel Macron’s government attempts to revive his economic reform drive and score a major political victory this week with a launch of the pension system’s overhaul in the face of vehement trade union opposition. Prime Minister Elisabeth Borne is to detail on Tuesday plans to make the French work longer, most likely by [...]
Overdue – or a grave mistake? China re-opens borders but experts warn on spiking Covid-19 cases January 8, 2023 Travellers streamed into China by air, land and sea on Sunday, many eager for long-awaited reunions, as Beijing opened borders that have been all but shut since the start of the COVID-19 pandemic. After three years, mainland China opened sea and land crossings with Hong Kong and ended a requirement for incoming travellers to quarantine, [...]