By: Helen Cahill

I report on retail and property for City A.M. I have covered the investigation into BHS and London's housing crisis. You can email me on helen.cahill@cityam.com with tips or commentary.

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This is why insurers should be doing more M&A

December 1, 2016

Insurers that complete an M&A deal are flying ahead of their peers. A year after agreeing a deal, the share prices of insurance companies have been outperforming their competitors', according to research by Willis Towers Watson, the Cass Business School and Mergermarket. Read more: Insurance premium tax has been hiked… again The group looked at all M&A [...]
Professionals providing compliance advice to insurers expect salary bump after Solvency II

December 1, 2016

Compliance professionals are getting a pay rise next year on the back of new EU regulation, according to research seen exclusively by City A.M. According to the Robert Half salary guide 2017, these will be the financial services professionals getting some of the biggest pay increases next year. Read more: Salary sacrifice schemes hit in Hammond's [...]
West Ham accused of dodging its policing costs

November 30, 2016

West Ham has managed to dodge over £43,000 in policing costs for their recent home game against Stoke. The information was revealed to Labour London Assembly Member Andrew Dismore by Sadiq Khan as part of Mayor’s Questions. Dismore criticised former mayor Boris Johnson for a deal between West Ham and the London Legacy Development Corporation (LLDC) [...]
Steady growth in the US isn’t feeding into wages

November 30, 2016

The US economy grew steadily in the lead up to the presidential election, the Federal Reserve has said. In its Beige Book – a report based on anecdotal evidence from business – the Fed said gains in wages and prices had been modest, however, and the strong dollar was acting as a burden to manufacturers. In [...]
Boris Johnson rubbishes claims that suggest he is “in favour” of free movement

November 30, 2016

Boris Johnson has reportedly said that he is in favour of freedom of movement. The foreign secretary has told as many as four EU ambassadors that he supports the right of EU workers to move between nations, Sky News has reported. One ambassador told Sky News: "(Boris Johnson) told us he was personally in favour [...]
The Bank of England is treating £5 note drama with “the utmost seriousness”

November 30, 2016

The Bank of England has responded to angry vegans who have objected to the use of animal products in the manufacturing of £5 bank notes. It has said it didn't know the animal material – known as tallow – was used in the making of the note. The statement comes after someone asked about the [...]
Nespresso is teaming up with John Lewis to open two new boutiques

November 30, 2016

Nespresso is partnering with John Lewis to open two new coffee boutiques. The luxury brand has been expanding in the UK, because, as Nespresso's UK and Ireland managing director Francisco Nogueira says, the UK consumer "is moving from one that is passionate about tea to one that is passionate about coffee – and especially quality coffee". The [...]
The super prime rental market in the Home Counties is booming on the back of stamp duty changes

November 30, 2016

London's luxury property market has been suffering after the government increased stamp duty on high-end homes – but the rental market is booming in the Home Counties on the back of the decision. According to research by Knight Frank, the number of tenant viewings for super prime properties – homes worth over £15,000 per month – has doubled year-on-year [...]
Online sales soared by over 20 per cent on Cyber Monday

November 30, 2016

Cyber Monday was bigger than ever this year, with online sales growing 22 per cent. Shoppers' appetite for cheap goods online has not waned. According to Worldpay, there were 133 payments per second, with global online sales peaking at 16.01. Read more: John Lewis just had the biggest week in its trading history Shane Happach, [...]
London accounted for nearly a quarter of the 700,000 new jobs in 2014-15

November 30, 2016

UK firms created over 700,000 jobs in 2014-15 – with almost a quarter of them located in London. Research from the Enterprise Research Centre has found that of the 709,174 net new jobs created in the period, 23 per cent of them came from London firms. Read more: "Posturing" Euro chief Dijsselbloem issues London warning [...]

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The Lake District but thrilling, with yacht trips and 4×4 off-roading

By: Helen Cahill

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