Marks and Spencer turnaround: Retail veteran Steve Rowe must make M&S tills jingle all the way during Christmas period November 9, 2017 Marks and Spencer started this week on a cheery note with the launch of its Christmas advert – but the festive feel didn’t last long for the high-street stalwart. The new advert sent Twitter into a tizzy on Tuesday with some viewers convinced that one of the characters was mouthing a swear word in a [...]
Priti dire: No way forward for May’s shambolic government November 9, 2017 Where to start with the Priti Patel case? The secretary for international development has created a media storm of such epic proportions that it has clouded out all the other competing scandals within Theresa May’s cabinet (more on them later). To recap, it transpired last week that Patel had held undisclosed meetings with key Israeli [...]
Australia poised to sign fintech deal with the UK Treasury November 9, 2017 Australia is poised to sign a fintech deal with the UK to boost crosstalk in one of Britain’s fastest-growing industries, City A.M. can reveal. The Treasury is working on an agreement to aid co-operation on fintech between the regulatory authorities in the UK and Australia. Read more: Investec and Banco Sabadell are backing hot UK [...]
UK house price: London house prices still under pressure from tax changes, according to Rics November 9, 2017 Home sales in the capital fell again last month as London’s housing market continued to feel the effects of tax changes brought in last year. A survey by the Royal Institution of Chartered Surveyors (Rics) found agreed sales dropped in October with 42 per cent more respondents noting a decline in transactions over the month. [...]
All FTSE 350 firms told to meet target to fill 33 per cent of senior leadership positions with women after FTSE 100 progress November 9, 2017 A government-backed review has today expanded its call to increase the number of women at the top of companies, by urging all FTSE 350 firms to fill a third of their senior roles below board level with women. To meet that target, at least 40 per cent of appointments to senior positions over the next [...]
Chris Tremlett: England’s bowling attack runs risk of being exposed by injury November 8, 2017 New-ball duo James Anderson and Stuart Broad have masses of international experience between them, and if one or both of those were to incur an injury then England are looking pretty light in the seam department. Warwickshire’s Chris Woakes has played 18 Tests but after that, in the continued absence of vice-captain Ben Stokes, England [...]
Harry Kane will be fit to face Arsenal in north London derby, insists Tottenham boss Mauricio Pochettino November 8, 2017 Tottenham boss Mauricio Pochettino has allayed fears that the knee injury which has prevented Harry Kane featuring for England during the international break will sideline the striker for the north London derby against Arsenal. Kane is one of three Spurs players to have withdrawn from the England squad for friendlies against Germany tomorrow and Brazil [...]
Wages to gain momentum in 2018 amid tight labour supply says Bank of England survey November 8, 2017 Wage growth is expected to pick up over the course of 2018, according to new data published today by the Bank of England, with employers still intending to add more workers amid an historically tight labour market. Pay settlements will be between 2.5 per cent and 3.5 per cent higher next year, an increase of [...]
London has been named the most popular city for Middle Eastern investment November 8, 2017 Middle Eastern investors are continuing to plough more money into London commercial property than any other city in the world, according to a new report from real estate investors CBRE. In the 12 months between April 2016 and 2017, London attracted $1.68bn (£1.28bn) from the Middle East – strides ahead of New York at $820m [...]
Manchester City report record revenues of £473.4m but profit drops dramatically November 8, 2017 Manchester City chairman Khaldoon Al Mubarak has hailed the Premier League leaders’ financial success after they announced club record revenues of £473.4m. The figure was a 21 per cent increase on 2015-16 but pre-tax profit fell from £19.5m to £0.1m – a drastic reduction that City attributed to a 13-month reporting period as the club [...]