Revealed: The 2025 City AM Awards Winners Business The winners of the 2025 City AM Awards were unveiled at a glittering ceremony in the heart of the Square Mile last night in front of 500 guests. The gongs were handed out on stage in the Guildhall, following a speech from former Bank of England Chief Economist Andy Haldane. City AM Editor-in-Chief, Christian May, [...]
Oxford Street: Mayor wants ideas on pedestrianising iconic shopping area Politics Sadiq Khan is asking Londoners for their ideas on pedestrianising Oxford Street in a bid to transform the iconic shopping district into a “world-class, accessible, clean, avenue”. The Mayor today launched a public consultation on the proposed transformation of the central London road which will run until 2 May 2025. Sir Sadiq is proposing to [...]
Hospitality sector still reeling from Labour’s Budget Opinion The high drama of a global trade war competes for coverage with Keir Starmer’s EU reset, impending interest rate decisions and Nigel Farage’s lead in the opinion polls. News moves fast, and the spotlight moves on. For their part, politicians are always among the most eager to ‘draw a line under it’ and move on; [...]
‘Rachel Reeves, you must do better’: Chancellor urged to act before hospitality’s collapse February 4, 2025 Chancellor Rachel Reeves has been told to take urgent action to prevent the collapse of thousands of hospitality businesses across the UK. In an open letter Sacha Lord, who was until recently Andy Burnham’s night time economy adviser for Greater Manchester, said he no longer considers Labour to be the party of “business and growth”. [...]
UK hotel sector warns on inflation despite pre-Christmas boost January 8, 2025 Occupancy rates at UK hotels rose last November in a pre-Christmas boost, but higher prices have again raised fears about inflation. The average occupancy rate of UK hotels rose from 76.6 per cent to 79.1 per cent in November year-on-year, while London also saw an increase from 79.6 per cent to 82.8 per cent in [...]
Employers warn of workers’ rights reform and Budget double whammy November 26, 2024 Businesses are concerned about the aggregate cost of changes to workers’ rights and the cumulative impact of Budget measures, MPs have been told. The committee of MPs scrutinising the Labour government’s employment rights legislation took evidence from business groups, industry representatives and trade unions on Tuesday. And they were warned the combination of reforms to [...]
Wetherspoons and Pizza Pilgrims bosses call for business rates relief ahead of budget October 21, 2024 Hundreds of UK hospitality groups and pubs have called for permanent action on business rates relief ahead of the Autumn Budget. In an open letter to Rachel Reeves, the hospitality bosses called for permanent action with the extension and lowering of business rates relief for the sector. It included 170 signatures from various high street [...]
New tips law welcomed but it could cause a headache for hospitality bosses October 1, 2024 A new tipping law, which has made it illegal for companies to withhold tips from employees, has been welcomed by workers and industry bodies but could lead to a headache for employers. Until today, firms were able to choose whether to keep tips made on card, or whether to pass the earnings on to employees. [...]
Cheers to that! Warm weather provides ‘welcome boost’ to UK’s pubs May 13, 2024 The overdue sunny weather this weekend gave Britain's pubs a "welcome boost", leading industry figures have said, as revellers across the country soaked up the sunshine in beer gardens in London and across the country.