Exclusive: Human error and lack of robots threaten booming e-com space April 30, 2021 The pandemic has resulted in changing consumer behaviours which may have crushed many shops and retail businesses, but it also brought about new opportunities for retailers, particularly when it comes to going expanding their reach, diversifying their clientbase and offering products and services online. However, retailers will only succeed in the space if they ensure [...]
Where to eat… In Canary Wharf April 30, 2021 Once, the daily commute to Canary Wharf seemed to encapsulate the very idea of the daily grind, a long and uncomfortable journey to a land of grey buildings filled with grey suits. But Canary Wharf has transformed in recent years and lockdown has only made our hearts grow fonder. Now we can’t wait to get [...]
Corona Impact Series: How the chronicle of a storyteller from Dalston turned into a virtual tale April 30, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. This week: How a creative provider of experience in East London was pushed to go entirely digital overnight, without losing its authenticity and immersiveness. “As Covid hit and the bottom fell out [...]
London ranked most optimistic UK city for career prospects April 30, 2021 Londoners have been crowned the most optimistic about their career prospects, according to research by LinkedIn, as the City emerges from a third national lockdown. LinkedIn’s latest research has found that 68 per cent of people in the capital are feeling optimistic about their job chances. Across the rest of the country, 61 per cent [...]
Eurozone GDP contracts as it slips into double-dip recession territory April 30, 2021 The Eurozone economy shrank by 0.6 per cent in the first three months of the year as it slid back into recession following persistent Covid lockdowns. The European Union’s statistics office Eurostat said GDP in the 19 countries sharing the euro contracted by 1.8 per cent year-on-year. This put the single currency area in a [...]
Leaked report advises Johnson to scrap social distancing at large events April 30, 2021 Prime minister Boris Johnson will be advised to scrap social distancing at larger events from 21 June, as results from a pilot scheme revealed no surge in Covid-19 cases among attendees. Johnson will be told next week to shelve the restrictions after the interim report into reopening trials found that crowds can return safely and without [...]
Captain Tom’s family open fundraising drive at Lords April 30, 2021 Members of Captain Sir Tom Moore’s family were at Lord’s Cricket Ground today to mark the start of the Captain Tom 100 Challenge – a weekend of fundraising in honour of the second world war veteran who raised £38.9m for the NHS at the start of the Coronavirus pandemic. They were joined by former England [...]
‘Escape mutation’ in Covid strain discovered in Angola able to evade Coronavirus antibodies April 29, 2021 A relatively unknown Covid-19 variant that was first discovered on a flight from Tanzania to Angola is now considered the world’s most mutated Coronavirus strain. The variant carries around 34 mutations, including a so-called ‘escape mutation’ according to findings that were shared in a pre-print research report and reported on by various media. The ‘escape [...]
Corona Impact Series: How a Brixton coffee roaster brew up plans for a radical transformation during lockdown April 29, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: Volcano Coffee Works entered the initial lockdown as a wholesale business and, through necessity, is emerging as something very different. First lockdown Volcano Coffee Works is an independent [...]
Lockdown roadmap cannot be rushed, despite vaccine success, minister says April 29, 2021 Despite the success of the vaccine rollout, the roadmap through lifting lockdown restrictions cannot be accelerated safely, the UK’s vaccines minister has warned this morning. Minister Nadhim Zahawi said that while one in four adults had two doses, “we have to be careful”. The successful vaccine rollout does not ensure full protection, Zahawi warned, adding that “if the [...]