Weekend weather warning: Storm Otto to bring high winds, rain, and travel disruption to parts of the UK February 17, 2023 Storm Otto is set to cause disruption to parts of Scotland and north-east England as it moves across the UK on Friday. The storm, the first to be named this winter, has been labelled Otto by the Danish Meteorological Institute (DMI) and is expected to bring disruption to travellers across northern areas of the UK. [...]
The Square Mile and Me: PwC chair Kevin Ellis on favourite city haunts and the pub he started his career in February 16, 2023 This week PwC’s chair and senior partner Kevin Ellis tells us the stories of his beloved City haunts, including the pub where he started his career and the spots he uses to lift his spirits. What was your first job? My first job was delivering double-glazing leaflets around Chingford in East London where I grew [...]
Ads for delivery service Gorillas banned for drugs, sex and alcohol content February 15, 2023 Ads for grocery delivery service Gorillas have been banned for featuring offensive references to drugs, sex and excessive or unhealthy drinking. The TV, video on demand and social media ads, seen in April last year, featured a series of short scenes, starting with a man chopping lemons as the voiceover stated “London loves acid.” Other [...]
‘Mortgage chaos’ of last few months eases as available deals surpass 4,000 February 13, 2023 The number of mortgage deals available has surpassed 4,000 for the first time in six months according to a financial information website. Moneyfacts.co.uk, which counts the number of mortgage products at the start of each month, said 4,341 deals were available on 1 February compared with 3,643 products at the start of January. Many mortgage [...]
Just three per cent of people have missed work as a result of train and teacher strikes, government survey suggests February 10, 2023 Strikes have had little impact on people being able to work, figures have suggested. A wave of industrial action has been taking place in various sectors as disputes with the Government over pay and conditions rumble on. Almost half (43 per cent) of adults surveyed by the Office for National Statistics (ONS) stated that such [...]
Composer Burt Bacharach dies age 94 February 9, 2023 Burt Bacharach, the composer of classic pop songs including I Say A Little Prayer and Walk On By, has died at the age of 94. His publicist confirmed to the PA news agency that he died surrounded by relatives at home on Wednesday, and said Bacharach’s family requested privacy at this time. The songwriter and [...]
Tesco versus Lidl: Two of UK’s largest supermarkets go to court over use of yellow logo February 7, 2023 Supermarkets Tesco and Lidl have begun a High Court fight over the use of a yellow circle logo. German discount chain Lidl says a trademark, and copyright, has been infringed, while Tesco has made a counterclaim. Lidl uses a yellow circle in its main logo, and Tesco uses one to highlight offers available to members [...]
FTSE close: Blue chip index sets a new record high as recession and inflation fears ease February 3, 2023 London’s FTSE 100 Index ended the week on a high having reached its highest ever score, beating the previous record of 7,903.5 set in May 2018. On Friday, the index had briefly pushed as high as 7,906.58 as global inflation and interest rate fears continued to ease. The index of the UK’s largest publicly-listed firms [...]
Something for the weekend: This week’s five most-read stories on Cityam.com February 3, 2023 A Reddit user called fatmummy, interest rates, vaccines, the ECB and an ignominiouss end to government-funded Tech Nation – here’s what City A.M. readers most wanted to click on this week. One: How a saucepan broke the internet. If lockdown had you baking and prepping then this story would have piqued your interest. Houseproud, or [...]
Ladbrokes and Coral owner Entain gambles on men’s World Cup boosting its earnings February 1, 2023 Entain, the gambling giant behind Ladbrokes and Coral, has raised it earnings guidance after a strong final quarter of 2022. The sports betting and gaming group said net gaming revenues increased by 11 per cent in the quarter to December 31, compared with a year earlier, as it witnessed a “record” number of active customers. [...]
