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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Shop prices continued to fall in October, despite the slide in the value of sterling

November 2, 2016

Sterling's sharp decline since the EU referendum has not fed into shop prices yet, according to data released today. Shop prices fell by 1.7 per cent month-on-month in October, according to the British Retail Consortium (BRC) and Nielsen. Prices on non-food items fell by 2.1 per cent and food prices fell by 1.2 per cent, [...]
John Lewis plans to expand cuts to premium pay ahead of government debate on the national living wage

November 1, 2016

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London boroughs prepare for £9.5bn business rates hike

November 1, 2016

Business rates across all the boroughs of London will rise by £9.53bn over the next five years, according to new analysis. The government has re-evaluated the business rates payable for the first time in seven years, and the new tax rate will come into effect in April next year. Research by business rates specialists CVS [...]
Airbnb renting gives you double the rental income of a long-term let

November 1, 2016

The rental rate for staying in an Airbnb home is double that of a long-term rate, providing a potentially lucrative alternative for landlords. According to research by data company Propcision, renting out an Airbnb flat or house in Newham, Merton, Southwark or Camden offers the best return as compared to long-term renting. The worst locations for [...]
London’s house prices won’t rebound until 2020, according to JLL

November 1, 2016

London's housing market won't recover from the hit of the referendum until 2020, property experts have predicted. According to research by JLL, the UK housing market will be "more subdued" over the next few years, and London house prices will recover in 2020 "assuming Brexit negotiations are not too detrimental". Read more: This is how the third [...]
Hillary Clinton accuses FBI chief of double standards

November 1, 2016

The Clinton campaign has hit back at the FBI, accusing its chief James Comey of "double standards" for trying to hide evidence of Russia's backing of Republican nominee Donald Trump. Clinton's campaign manager said it "defied all logic" for Comey to reveal the investigation into Clinton's emails, while refusing to speak about Russia's alleged involvement with Trump's campaign because it [...]
All Saints scores fourth consecutive year of growth

October 31, 2016

Fashion brand All Saints has posted its fourth consecutive year of growth. In the year ending 30 January 2016, the company clocked up total sales of £252.5m, an increase of nine per cent from £231.3m the year before. Read more: All Saints edges closer to sale amid administration fear UK sales increased 7.4 per cent to [...]
London’s property market will be the last to recover from Brexit, say estate agents

October 28, 2016

Estate agents are predicting that London's property market will be the last to recover from the Brexit vote. According to haart estate agents, branches 100 miles from the capital had an average 75 per cent increase in activity month-on-month in September, compared to an average rise of just 37 per cent in outlets 45 miles from the [...]
Google’s parent Alphabet posts strong results

October 27, 2016

Google's parent company Alphabet posted a strong set of results for the third quarter, with revenue up by 20.2 per cent to $22.45bn (£18.46bn). Shares in Alphabet increased 1.6 per cent in after-hours trading. Google's advertising revenue, which makes up the largest chunk of its overall revenue, jumped 18.1 per cent to $19.82bn in the quarter. Read [...]
Amazon’s share price slumps on disappointing results

October 27, 2016

Amazon's shares have sunk in after-hours trading as the company posted a disappointing quarterly profit. The e-commerce giant's shares were down 6.8 per cent. It said its net income rose to $252m (£207m) from $79m a year before. But, at 52 cents per share, Amazon's income was less than expected. According to Reuters, analysts' average [...]

Gen Z office worker confidence crisis leads to uptick in AI use

Live sport credited for Netflix subscriber surge as sign-ups hit 325m

Cirque du Soleil OVO, Royal Albert Hall review: Amazing tricks, okay clowns

By: Helen Cahill

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