Waitrose warns of jobs cuts as it shakes up staff hours September 7, 2023 Waitrose workers have been warned that some jobs are at risk as the business looks to ramp up productivity and reduce costs.
Brexit red tape ties up musicians touring EU and cuts into earnings September 7, 2023 Mountains of expensive Brexit-induced paperwork is costing eight in ten British musicians their hard-earned cash, a new report has found. Of 1,500 music artists and professionals touring Europe, one third reported post-Brexit paperwork is hurting their earnings, according to a new study by industry body UK Music, first shared with news site PoliticsHome. Eight in [...]
Smurfit Kappa looks to ditch London as it plots merger with US rival West Rock September 7, 2023 Irish packaging giant Smurfit Kappa has confirmed it is in advanced discussions to merge with US rival West Rock.
Uniswap still gaining as Bitcoin and Ethereum continue sideways shuffle September 7, 2023 Bitcoin and Ethereum remain virtually unmoved since yesterday, continuing on the same path as in the last few days.
City Giving Day: Central London Alliance’s Guinness World Record Title Attempt September 7, 2023 In a city that’s known for its fast-paced business world, iconic landmarks, and vibrant culture, a remarkable event is set to take place that will not only make history but also underline the spirit of community and philanthropy that thrives within the heart of London. On the 25th and 26th of September, the Central London [...]
Currys sticks to full-year guidance despite falling sales September 7, 2023 Currys has said it is sticking to its annual profit guidance despite recording a 4% fall in group sales in the 17 weeks to August. The British electrical goods seller reported a 2% dip in like-for-like sales in its UK and Ireland (UK&I) division as consumers put off buying expensive goods amid the cost of [...]
House prices fall at fastest rate since 2009 – and it’s worst in London September 7, 2023 House prices are falling at their fastest annual rate since the global financial crisis, with London hit hard
Time to celebrate: City A.M. app users can enjoy a free pint of Singha thanks to Shepherd Neame September 7, 2023 We're celebrating the launch of our app - with a cool pint of Singha, courtesy of Shepherd Neame
Online Safety Bill: Tech bosses slam fresh government statement September 7, 2023 The UK government has denied its stance on the controversial Online Safety Bill has changed despite admitting that the technology to access messages without compromising user privacy does not currently exist. The bill has come under intense scrutiny from tech companies as it seeks to override encryption to scan online messages sent in the UK [...]
Starbucks cheers ‘good progress’ in plan for 100 new UK shops September 7, 2023 Coffee giant Starbucks has hailed “good progress” in its expansion plans to open 100 new stores in the UK over the current year. The chain said it has also “maintained strong, double-digit growth” in the UK in recent months despite pressure on consumer spending due to the rising cost of living. On Thursday, the retail [...]