KERB: How London street food giant behind Seven Dials Market aims to make Berlin taste better January 23, 2023 The London street food favourite behind Seven Dials Market, KERB, is expanding via a venue in Berlin’s famous Potsdamer Platz. German foodies will be able to indulge their palates across a two-story street food market which is set to open in the Sony Centre by next year. The market will showcase 12 independent food vendors [...]
Westminster might quarrel with Scotland, but the City and Edinburgh get on just fine January 23, 2023 Nicola Sturgeon and Rishi Sunak's government have gone head-to-head, but the financial institutions in London and Scotland are busy keeping our relationship strong, writes Chris Hayward
Banks called on to extend pandemic era support to vulnerable customers as cost of living pressures mount January 22, 2023 British banks are being called on to extend support offered to customers during the pandemic as the cost of living crisis increasingly affects vulnerable customers. A new report from Fair4All Finance – a government-backed financial inclusion body – found that “unprecedented” support from banks significantly helped customers during Covid-19 with “no detrimental impact on bottom [...]
Labour calls for investigation into Boris Johnson’s appointment of BBC chair after ‘sleaze’ allegations January 22, 2023 Labour has called for an investigation into the appointment of Richard Sharp as BBC chair after he allegedly helped Boris Johnson secure a loan guarantee shortly before being appointed to the job. The opposition party have written to both the Commissioner for Public Appointments and the Parliamentary Commissioner for Standards after the Sunday Times reported [...]
Activist shareholder Caius Capital takes five per cent stake in embattled Metro Bank January 22, 2023 London-based activist shareholder Caius Capital has taken an £11m stake in embattled challenger bank Metro Bank. The investment brings Caius Capital’s stake to five per cent, making it one of Metro Bank’s ten largest investors. The stake from Caius Capital, an alternative investment manager focused on “distressed and special situations”, comes a month after Metro [...]
How to get a foot on the property ladder in London – and you don’t need to skip avocado on toast if you don’t want to January 21, 2023 Buying your first home is a dwindling dream for many young Londoners; a dream not helped by commentators who blame millenial’s spending habits for their inability to put together a deposit o five per cent or more of the property’s value. A Netflix subscription or an ‘overconsumption’ of avocado on toast, or even the odd [...]
FTSE 100 close: Blue chip index ends higher as disappointing retail sales figures fail to dent JD Sports, Frasers and Burberry January 20, 2023 London’s FTSE 100 index closed the week marginally higher, clawing back some some of this year’s earlier gains following a poor performance yesterday. The capital’s premier index climbed 0.3 per cent to 7,770.59 points, while the domestically-focused mid-cap FTSE 250 index rose 0.7 per cent to close at 19,702.63. JD Sports, Frasers and Burberry were [...]
Markets Wrap January 20, 2023 | City Talk Another eventful week of trading comes to a close, and we end the week quite differently to how we started it. Last week we saw solid upside in stocks with no real fundamental driver, as banks kicked off the Q4 earnings season and the US posted a relatively strong Michigan consumer sentiment figure. The theme [...]
Self assessment: It’s that time of the year (again), but filling in your tax return is nothing to be scared of January 20, 2023 The self-assessment tax return deadline is almost here, and many people have yet to file theirs, so City A.M has asked Jenny Holt, managing director of customer savings and investments at Standard Life, for some advice. First things first though, the deadline for filing self-assessment tax returns is 31 January, with returns needing to be [...]
Where are Lloyds and Halifax closing 40 branches in 2023 and what does the high street exodus mean for you? January 20, 2023 Lloyds Banking Group said it will close a further 40 branches this year, as the exodus of banking branches from Britain’s high streets continues. Lloyds will close the doors at 22 branches while there will be 18 closures at Halifax. The branches will be closed between April and June this year. The bank noted that [...]