The Capitalist: Farmers protest heats up; Guardian strikes; Jaguar’s rebrand November 21, 2024 The farmers protest escalates, Guardian hacks threaten strikes and more; catch up on the latest City gossip in The Capitalist.
New report warns DPAs should not be seen as ‘a cost of doing business’ November 21, 2024 The use of deferred prosecution agreements doesn’t stop corporate fraud, and may be actively encouraging it, says new paper by think tank, IEA
How London can reclaim its spot as a global shipping capital November 21, 2024 London was once a global leader in maritime and shipping, it still has unique advantages that can propel it back to number one, says Adrian Beciri The vibrant activity in the City of London and Canary Wharf, now bustling post-Covid, serve as a powerful reminder of London’s historic and ongoing prowess in financial and professional [...]
Mark Kleinman: Handbags (and more) at dawn for activist Ashley November 21, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles Mike Ashley’s newfound penchant for activist investing, Homebase’s turnaround and and Burberry’s flip-flopping Handbags (and more) at dawn for activist Ashley Paul Singer, Bill Ackman…and Mike Ashley? On the list [...]
So, so grateful: Emma Hayes hails $30m donation to US women’s football November 20, 2024 Kang, 65, has embarked on a spree of donations and investments since selling her healthcare tech business Cognosante to Accenture earlier this year.
Bond Street moves into third for world’s most expensive retail spot November 20, 2024 Bond Street has leaped-frogged Tsim Sha Tsui in Hong Kong to take bronze in a list of the world’s most exclusive retail streets. The shift bucks bucks fears about the decline of brick-and-mortar retail on the high-street and the so-called tourist tax, which has faced campaigners’ calls for scrappage. The average rent on Bond Street [...]
Peel Hunt: There’s a ‘missing piece’ in Reeves’ City growth push November 20, 2024 The government has demonstrated a “fundamental shift” in its approach to growth but must address the key issue of pushing investment into the UK stock market, Peel Hunt has said. In an a note to investors today, Peel Hunt’s head of research, Charles Hall, stressed that while Rachel Reeves‘s Mansion House speech had been a [...]
Superdry issues warning as struggling fashion label cuts jobs after quitting London November 20, 2024 Superdry has warned its sales will continue to fall significantly during its current financial year after quitting the London Stock Exchange in an attempt to stay afloat. The Cheltenham-headquartered fashion brand delisted earlier this year as part of a radical restructuring plan to keep the company trading. At the time, the company said that cutting [...]
Lidl boss warns retailers are ‘reeling’ after Budget tax raid November 20, 2024 The boss of budget supermarket Lidl has warned retailers are “reeling” following Labour’s tax raid in the Autumn Budget. The German supermarket’s UK boss Ryan McDonnell said the discount brand was staring down the barrel of “tens of millions of pounds” in extra costs. This comes after the Chancellor unveiled a £25.7bn tax-raising package, with [...]
More possibilities at London Stansted November 20, 2024 The convenient choice for business or leisure With an ever-growing list of destinations plus airport facilities and services that enable you to build the exact experience you want, London Stansted is just a short train ride away from the heart of the City of London, and from the historic city of Cambridge. Here is your [...]