Informa shares surge on planned £1bn payout to investors December 7, 2021 Informa surges jumped as much as 6.9 per cent today after a fresh growth strategy the promise of a bumper payout cheered investors.
Prime central London price growth to surpass rest of UK as ‘US executives back in town’ December 6, 2021 Prime central London is forecast to surpass the rest of the country on price increases next year, as buyers look once more to Kensington and Chelsea. Property sales in lucrative parts of the city will rebound after being hit hard by the pandemic, as international buyers return, according to estate agent Winkworth. Winkworth chief executive [...]
PA Awards 2021: The Finalists December 6, 2021 The City A.M. PA Awards was founded in 2019 as a celebration for the too often unsung heroes, who so frequently go above and beyond in their field, helping their companies to achieve the impossible. After this most challenging of years we will be celebrating those men and women who have proven themselves to be an [...]
First time buyers ‘still getting raw deal’ with £449k average price for London home December 2, 2021 First time buyers paid an average price of £449,000 for a London home, fresh statistics outlined today. Third quarter average prices were down from £478,000 in the second quarter as the market cooled off from pandemic highs, according to the Office for National Statistics. The average advance in the last quarter was £309,339 while the [...]
Fidelity chief exec Anne Richards to chair TheCityUK board December 2, 2021 The chief executive of Fidelity International has today been named as the next board chair of the Square Mile’s most influential lobbying body. Dame Anne Richards will take over the position from Mark Tucker, chairman of HSBC Holdings, who will step down at the end of May 2022 after three years in the role. Richards [...]
Nftcracker: Natalia Osipova auctions off NFTs to fund new dance company November 29, 2021 Internationally renowned ballerina and star of the London Ballet Natalia Osipova is selling NFTs to raise funds for a new dance company.
Central London only slightly busier amid Black Friday sales November 29, 2021 Central London was only ever so slightly busier thanks to Black Friday deals last week as retail chiefs noted fewer shoppers than pre-pandemic levels. Central London saw a 2.3 per cent boost to footfall week on week for the week beginning 21 November. Footfall in the area was down 22.3 per cent on 2019 levels, [...]
Staffing challenges biggest issue for hoteliers as firms introduce ‘golden hellos’ to entice new workers November 29, 2021 Hoteliers believe increasing labour costs and a shortage of staff are the most weighty challenges to be faced by the sector over the next five years. Soaring staff costs were pegged as the biggest issue for 59 per cent of hotel bosses while a shortage of skilled labour troubles 54 per cent of those surveyed [...]
Revealed: London businesses the most profitable in the country November 26, 2021 Businesses in London are leading the nation in profitability with margins of 8.1 per cent according to data from accountancy firm BDO.
George at Asda launches treasure hunt for second-hand Gucci items November 25, 2021 Supermarket Asda has teamed up with vintage wholesaler PreLoved, ahead of the anticipated release of Ridley Scott’s House of Gucci. Some 30 exclusive pieces have been hidden across 50 Asda stores across the country, with shoppers encouraged to hunt for second-hand items. Pieces will be on sale for as little as £12. With the latest [...]