January retail sales drop 8.2 per cent as third lockdown takes high street ‘to the edge of the abyss’ February 19, 2021 Retail sales volumes dropped by 8.2 per cent last month, compared to December, as the third national lockdown affected sales across the sector. All sectors experienced a decline in sales last month, except non-store retailers and food stores, reporting growth of 3.7 per cent and 1.4 per cent, respectively, compared to the final month of [...]
Pound sterling in touching distance of $1.40 as currencies enter ‘post-Covid world’ February 18, 2021 Pound sterling in touching distance of $1.40 as currencies enter 'post-Covid world'
City of London Corporation puts culture at the heart of recovery February 18, 2021 | City Talk · Major renewal of the Barbican Centre announced · London Symphony Orchestra funding renewed · City of London Corporation confirms commitment to developing Culture Mile · Centre for Music will not be progressed The City of London Corporation has reinforced its commitment to embedding culture at the centre of the Square Mile’s post-Covid recovery with a series of commitments [...]
Best of travel: A feast for the senses in Zanzibar February 18, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Noo Saro-Wiwa’s extravagent journey to the island of Zanzibar. ••• Visiting tropical islands usually involves sacrificing the richness and depth of continental culture for the simplicity of ravishing sun, sea and sand. Zanzibar, however, [...]
PwC: Northern Ireland is the best place to live post-pandemic February 18, 2021 Professional services firm PwC has found that Northern Ireland is the best place to live, compared with the rest of the UK, as people continue to trade cities for the countryside after a year spent at home. Surveying over 4000 people across the country, the firm found that more people in Northern Ireland, than in [...]
Analysts: ‘Dogged’ Barclays weathering pandemic storm as investment banking arm booms February 18, 2021 Barclays’ investment banking arm is ‘firing on all cylinders’ after posting a record income earlier this morning. The division’s success has helped the bank to soften the financial impact of the Covid-19 pandemic, which hit profits repeatedly in 2020. John Moore, senior investment manager at Brewin Dolphin, deems the success of Barclays’ investment division ‘ironic’ [...]
Exclusive: Brewin Dolphin’s CEO on Brexit, pandemic market sentiment and why ESG is not so clear-cut February 18, 2021 As the City comes to terms with a new post-Brexit reality and slowly looks towards a post-pandemic recovery, City A.M sits down with the CEO of one of the Square Mile’s best-known investment managers, Robin Beer of Brewin Dolphin. Beer, who joined the firm in 2008, initially managed the Nottingham office and was regional director [...]
Looking after your mental health February 18, 2021 | Sponsored The past few months have been challenging for all of us, and we’ve all faced unique circumstances too. Whether the parents of young children who are at home rather than at school, on the frontline as a key worker, or simply worrying about elder relatives, we’ve all had our difficult moments. Despite the restrictions, it [...]
The biotech bosses welcoming Neil Woodford back, even if FCA and savers stay wary February 18, 2021 Neil Woodford is far from universally popular, and those fans he has are for the minute rare to put their head above the parapet. But Angharad Carrick found some, leading a number of Britain’s fastest-growing biotech firms. The return of Neil Woodford has, understandably, annoyed plenty. Chief amongst them are the savers he left out [...]
Brexit is ‘remarkable opportunity’ to change City regulations, say MPs February 17, 2021 Brexit will provide the UK with a “remarkable opportunity” to change its financial services regulation in a bid to make the City more competitive globally, according to a cross-party group of MPs. A report from the All Party Parliamentary Group on financial services said the UK must not shy away from diverging from EU rules [...]