In memoriam: Two chancellors, Parky, Sir Bobby, business leaders and celebs we lost in 2023 December 26, 2023 As City A.M. looks ahead to the next 12 months, we reflect on those who have departed this year, and the impact they continue to have.
Anne-Sophie Pic: I’m holding back on getting more Michelin stars July 31, 2023 France’s Savoyard region is wonderful for foraging and Michelin-starred food. Olivia Palamountain touched down to meet lauded French chef Anne-Sophie Pic It’s high summer in Megève, an alpinetown in the Savoyard region of France. It is one of those pretty as a picture, pinch-me places that remind you why the French do life best; all [...]
Brighton Pier Group’s share price plummets as rail strikes hit footfall September 25, 2023 Brighton Pier Group’s share price nosedived over nine per cent today after it revealed that strike action on the UK’s rail network had hit the firm’s revenues. In the six months to July, total revenues for the group, which manages the iconic pier, were £16.2m, down from £17.3m for the same period last year. The [...]
Caffe Nero seeks rescue deal due to second coronavirus lockdown November 13, 2020 Caffe Nero has launched a restructuring plan to reduce costs due to the impact of the coronavirus pandemic on the coffee chain’s branches in city centre and transport hub locations. The high street cafe chain has appointed KPMG to advise on a Company Voluntary Arrangement following the introduction of a second coronavirus lockdown. City A.M. [...]
Landlords vs retailers: What the New Look legal case means for future of CVAs May 10, 2021 New Look today defeated a legal challenge to its restructuring plan by a group of its landlords in a landmark case that experts say will clear the way for other retailers to use Company Voluntary Arrangements to combat the impact of the pandemic. The ruling is likely to deepen tensions between tenants and landlords, as [...]
The Walbrook: City’s favourite members’ club ditches mandatory jackets rule October 31, 2023 The Walbrook Club has changed its dress code, with men no longer required to wear jackets, reflecting the new 'casual' City of London
5 London rooftop bars with summer food and drink pop-ups August 2, 2023 Try something different this August by booking a table at one of these London rooftop bars. Each has a pop-up celebrating the best of British food and drink, and each with brilliant views across the capital. Read more: The new London hotel that’s perfect for a west London staycation DRINK ROSE ON A ROOF The [...]
London City Airport on track for year-end goal as passengers soar 187 per cent December 5, 2022 London City Airport remains on track to reach its year-end goal of 3 million passengers by the end of 2022, as November numbers soared 187 per cent. Figures published today reported that around 272,000 passengers passed through the airport’s gates in November after BA expanded its CityFlyer schedule to Scotland, with daily flights to Aberdeen. [...]
Virgin Atlantic: Supporting Heathrow’s expansion ‘difficult’ unless quality service provided November 21, 2022 Supporting Heathrow’s expansion will be difficult until the west London hub can provide a quality service to airlines and passengers, according to Virgin Atlantic’s boss Shai Weiss. The airport’s expansion plans – which include building a third runway – were backed by former Prime Minister Liz Truss as well as then-transport secretary Anne-Marie Trevelyan. “[The [...]
Rail unions have mixed reactions to Trevelyan’s appointment September 7, 2022 Rail unions have had mixed reactions to yesterday’s appointment of Anne-Marie Trevelyan as new transport secretary. The union RMT has called on Trevelyan to adopt a fresh approach to rail disputes, facilitating discussions between workers and companies. “There is clearly now the opportunity for a new approach from the government to facilitate discussions between the [...]