Corona Impact Series: A Shoreditch paper goods supplier forced to move online November 30, 2020 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: how a small stationery brand was forced to accelerate its digital transformation. “At the start of the first lockdown we had to close our five brick-and-mortar stores pretty much overnight,” sighs Sidonie [...]
Proposal to extend Bakerloo line to Beckenham and Hayes gathers steam November 30, 2020 A proposal to extend the Bakerloo Tube line even further south-east than previously planned has garnered considerable support from local residents, Transport for London said today (TfL). Last month the capital’s transport operator launched a consultation into the Bakerloo Line extension, which is currently meant to extend as far as Lewisham. However, TfL is also [...]
Preparing the City for a very different Christmas — and beyond November 30, 2020 Many businesses across London will be breathing a collective sigh of relief: subject to parliamentary approval, the decision to put the capital under Tier 2 restrictions means that they will be able to trade in the run-up to Christmas. Nonetheless, the festive period this year will be a very different occasion for all of us [...]
Business as usual: Mid-tier firms predict rapid recovery after vaccine rollout November 30, 2020 The vast majority (94%) of mid-sized businesses in the UK believe they will fully recover from Covid-19 within a year if a vaccine is made available. More than two-thirds of mid-tier businesses – those with revenue of between £10m and £300m – think they will be fully recovered in just six months, according to new [...]
Vaccine news leads to surge in London business confidence: Lloyds November 30, 2020 London business confidence increased following the news a Covid-19 vaccine may soon be a reality. According to the Lloyds Bank’s Business Barometer for 2020, overall confidence of firms in London rose five points in November to -19 per cent.Firms’ confidence with their own business prospects was -18 per cent, compared to -16 per cent in [...]
UK confirms H5N8 bird flu on English turkey farm November 29, 2020 Bird flu has been found at a turkey farm in northern England, the government said on Sunday. “Avian flu has been confirmed at a commercial turkey fattening farm near Northallerton, North Yorkshire,” Chief Veterinary Officer, Christine Middlemiss said in a statement. The disease was the H5N8 strain. It said all 10,500 birds at the farm [...]
Covid-19: London in Tier 2 restrictions – what are the new rules to follow? November 27, 2020 The covid-19 restrictions have been strengthened since before the lockdown, so what are the new rules for work, home and socialising now that London's in Tier 2
End of an era: Unilever trading in Amsterdam for the last time today November 27, 2020 Unilever’s Dutch shares will trade in Amsterdam for the last time today, before a unification of the group’s dual-headed structure that aims to put the consumer goods maker on a better footing to cope with an uncertain future. The merger over the weekend of Unilever’s Dutch and British corporate arms into one legal entity based [...]
Planning permission granted for 454 new homes in Wembley November 27, 2020 Brent Council has given the green light on building 454 new homes, including 40 per cent affordable housing, next to Wembley Park underground station. The scheme covers a 1.6-acre site, and will be delivered across five buildings. The new homes will be a mixture of studios, one, two and three-bedroom apartments. The affordable homes will [...]
Today: ‘Urgent’ EU meeting on fisheries may signal breakthrough in Brexit talks November 27, 2020 Brussels’ chief negotiator Michel Barnier has summoned fisheries ministers from EU nations, indicating that a major breakthrough in Brexit talks could be about to happen. The “urgent” meeting is reportedly taking place today. Find all our Brexit coverage in one place – simply click here Future fisheries arrangements between the UK and EU have been [...]