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.

All 1158 Articles

Apple’s move to Battersea Power Station boosted London office take-up in the third quarter

October 17, 2016

Take up of London's office space has bounced back in the third quarter as the market adjusted to the new normal following the Brexit vote. According to figures from CBRE, acquisition of office space increased 21 per cent quarter-on-quarter, having fallen by 22 per cent in the second quarter. At 2.9 million square feet (sq [...]
Sir Philip Green hires top lawyer to scrutinise MPs’ inquiry into the collapse of BHS

October 16, 2016

Sir Philip Green has hired top barrister Lord Pannick to scrutinise the MPs' inquiry into the collapse of BHS, according to reports. The Sunday Times has said Green wants the top lawyer to write a report on the joint select committee investigation into the sale of BHS that branded him the "unacceptable face of capitalism". MPs [...]
Boden’s profit drops as yummy mummies push prams elsewhere

October 16, 2016

Middle class clothing retailer Boden has been losing its shine somewhat as its accounts show flat sales and falling profits. According to Boden's most recent accounts, profits dropped 25 per cent last year, down from £32m to £23.9m. Sales stayed level for the third year in a row at £283m. Boden's net assets also fell, down from [...]
MPs call for debate on closing “loopholes” in national living wage legislation

October 16, 2016

A group of Conservative and Labour MPs are calling for a debate on the national living wage to discuss how its implementation by businesses is "against the spirit of the law". Thirty-one MPs are looking to debate the issue on 4 November, during Living Wage week, City A.M. understands. Read more: M&S shells out £100m for [...]
Asos set to bag a Brexit win this week when it reports its results

October 16, 2016

Asos is set to be crowned a Brexit winner this week when it reports its results for the year on Tuesday, with profits expected to rise by over 30 per cent. Half of Asos' customers are overseas, helping the online retailer mitigate against the pain of the slump in sterling. It's fortunes are in stark [...]
Employees take Tesco to court over pay cuts

October 16, 2016

Tesco employees are taking the retailer to court after it cut their pay. A group of 17 workers are fighting Tesco's decision to reduce their pay on weekends, bank holidays and evenings. Law firm Leigh Day has contacted Tesco to ask how many employees are affected, but have estimated that 50,000 staff face a pay cut. [...]
M&S pay row: Marks and Spencer faces £100m bill for pension changes and payments to cushion pay cut pain

October 14, 2016

Marks and Spencer is making a payout of at least £100m to its employees to cushion the pain of the pay cuts and as part of pension changes it is introducing for shop staff. The retailer is cutting benefits to shop staff such as premium pay on Sunday and Bank Holidays following the introduction of the [...]
Law firm claims “dramatic victory” in its fight to gain equal pay for women working at Asda

October 14, 2016

Law firm Leigh Day has claimed a "dramatic victory" in its fight to gain equal pay for women working at Asda. Employment Judge Ryan has ruled that women in Asda stores will be able to compare themselves to higher-paid men working in the supermarket's distribution centres. Read more: M&S makes £100m payout to employees to cushion [...]
Nissan boss leaves meeting with Prime Minister Theresa May on a positive note

October 14, 2016

Nissan's chief executive Carlos Ghosn has visited Prime Minister Theresa May to talk about Brexit following signals that the carmaker will halt investment in the UK. After leaving the meeting, Ghosn suggested that it went smoothly. According to Sky News, he told reporters he is "confident the government will continue to ensure the UK remains a competitive place to [...]
Rightmove accused of shutting down competition by removing free online estate agent from its site

October 14, 2016

Rightmove has been accused of trying to shut down its competition by removing a free online estate agent from its property listings. Owner Sellers, an estate agent which charges no commission, has been de-listed from Rightmove for allegedly breaching its terms and conditions, but has said the allegations are false. Read more: This is how sterling's [...]

Young’s ditches AIM as pub chain eyes FTSE 250 inclusion

Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals

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

By: Helen Cahill

All 1158 Articles

Subscribe