From porridge to pizza: Junk food ban will have ‘inevitable impact on growth’ – advertisers warn December 3, 2024 A pre-watershed ban on advertising junk food will have an “inevitable impact” on the UK’s “wider economic growth”, an advertising industry body has warned. The government claims the new policy, which will come into force from October 2025, will prevent an estimated 20,000 cases of childhood obesity. Legislation published on Tuesday afternoon reveals the broad [...]
Revolut boss says London IPO is ‘not rational’ December 3, 2024 Revolut’s chief executive Nik Storonsky has said it is “not rational” for Europe’s most valuable fintech start-up to publicly list in London, dealing a blow the new government’s plans to boost the stock market. Storonsky said the London-based banking company would consider a public debut “sooner or later” to raise cash and return money to [...]
Gary Lineker’s battle over £5m tax bill with HMRC takes latest twist December 3, 2024 Gary Lineker’s dispute over a £4.9m tax bill was back in court this week, as HMRC aims to overturn a previous ruling in Lineker’s favour
Yours for just £35m: Prices at London’s most expensive development revealed December 3, 2024 Luxury apartments at London’s most expensive residential property development ever will hit the market for £35m or more and have already racked up a waiting list of over 600 super-rich buyers. 1 Mayfair, the £2bn super-luxury scheme being ring-led by the Phones4u billionaire John Caudwell, is set for completion in spring of 2026 when it [...]
Ukraine’s battlefield heroes are in need of urgent support December 3, 2024 Time is running out for a vital NGO that evacuates injured soldiers from battlefields in Ukraine, and has saved the lives of 62,000 people. The UK government should act now, says Jack Dickens It all began with one ambulance and an army of volunteers. Soon after Vladimir Putin launched Russia’s brutal invasion of Ukraine on [...]
Why Brentford ticket news has shamed Ratcliffe and Manchester United December 3, 2024 Brentford have cast Sir Jim Ratcliffe’s price increases at Manchester United in an even less flattering light by slashing the cost of away tickets for young fans to just £10. The Premier League club’s pledge not only affects junior Brentford fans attending their away games but also under-18s making the trip to west London to [...]
City rents rise as return to the office drives up demand for prime locations December 3, 2024 Available office space in London’s most sought-after areas has slumped to near record lows as businesses continue to reverse pandemic-era working from home rules. According to global property consultancy Knight Frank, availability in newly constructed office buildings has fallen to 0.3 per cent in the West End Core – which includes Mayfair and St James’s [...]
Reading crisis goes on after former chairman’s takeover bid is rejected December 3, 2024 Former Reading chairman Roger Smee says he is “sad” that his takeover bid to prise the club from unpopular owner Dai Yongge has been rejected. City AM revealed last month that the 76-year-old property tycoon, who also played for Reading in the 1960s and 1970s, was putting together a rescue package. Smee also expressed his [...]
A Booth of One’s Own: My antidote to the open-plan office December 3, 2024 For a woman to write – or, more exactly, to write well – she must possess a room of her own. On this, Virginia Woolf was unequivocal. “Give her a room of her own and five hundred a year, let her speak her mind and leave out half that she now puts in, and she [...]
Shein: Why the FCA is unlikely to block a blockbuster listing December 3, 2024 The boss of the Financial Conduct Authority (FCA) has insisted he is not the regulator of “every aspect of corporate behaviour” amid growing concerns over plans for the fast fashion retailer Shein to float on the London Stock Exchange. Nikhil Rathi, chief executive of the FCA, said it is not within the regulator’s power to [...]