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By: Jack Mendel

All 1513 Articles
  • Extreme heat isn’t stopping Brits going on holiday yet – but it might do by 2028

    July 21, 2023

    Deadly heatwaves across Europe, the US and China are not causing Brits to cancel their holidays just yet, but travel insurance firms are preparing for that trend in the future. The UK foreign office issued new travel warnings on Tuesday about the “extreme temperatures” especially in Spain, Italy and Greece – known as the Cerberus. [...]

  • Network Rail tumbled to £1.1bn loss after ‘deeply bruising’ year of strikes

    July 18, 2023

    Network Rail tumbled to a £1.1 billion loss for the past year as it was impacted by strike action and higher interest payments on its debts. The body, which owns and manages the infrastructure of most of the UK’s railway network, saw losses grow for the year to March 31 from a £324 million profit [...]

  • Five mayors preparing legal action against 1,000 rail ticket office closures – but Sadiq Khan not asked

    July 18, 2023

    Greater Manchester mayor Andy Burnham and four other mayors are preparing to take legal action against train operators in an effort to stop the closure of just under 1,000 ticket offices. Industry body Rail Delivery Group drew up plans to close the offices across the country and will move onto station concourses to assist passengers [...]

  • Renting office space near Monument is second most pricey in London Zone 1 – but what’s top?

    July 17, 2023

    Renting office space near Monument station in the heart of the City means you’ll be forking out the second-highest rates in London’s zone one, new research has claimed. The figures from office rental agency Freeofficefinder shows top of the list is the Victoria area with average rents of approximately £900 a week for private office [...]

  • Gatwick Airport: Almost 1,000 staff to strike for eight days bringing summer travel chaos

    July 14, 2023

    Gatwick Airport baggage handlers and check-in staff will stage eight days of strikes from later this month in a dispute over pay. The announcement comes after the Unite members had backed walking out in a ballot. Unite said workers will strike for four days beginning on Friday 28 July ending on Tuesday 1 August, then a further [...]

  • Domino’s Pizza appoints experienced Aus boss as as new chief: ‘A textbook definition of a safe pair of hands’

    July 13, 2023

    Domino’s Pizza has appointed a new chief executive, bringing in the chain’s Sydney-listed head for over two decades. Andrew Rennie will get a slice of the action right at the top, having previously been its chief in France and Belgium, Australia and New Zealand, and most recently, Europe, which includes its ‘master franchise agreements’ in [...]

  • Exclusive: City of London Corporation will ‘explain and retain’ two slave owner statues with plaques

    July 7, 2023

    Links to slavery in the Square Mile will be tackled plaques on two statues of controversial historic figures, following a planning application lodged this week. City A.M. can exclusively reveal the City of London Corporation is looking to affix explainers on statues for two-time Lord Mayor William Beckford and former MP and philanthropist Sir John [...]

  • CMC Markets: London listed trading platform run by Lord Cruddas bids farewell to CFO

    July 7, 2023

    Trading platform CMC Markets has announced the resignation of its group financial officer as a director. The company’s top exec, Euan Marshall, will be heading to IntegraFin Holdings as its new CFO, and ends his tenure at CMC in January 2024. A search for his replacement will commence soon, and the firm said he’ll remain [...]

  • Legal talent war rages on as Baker McKenzie ups newly-qualified salaries to £118k

    July 6, 2023

    Global law firm Baker McKenzie will increase the salary it gives to newly-qualified (NQ) London solicitors to a cool £118,000. The Chicago-based firm said effective as of 1 July, newly-minted lawyers will get a bump up from £110,000 a year. Last July, Baker McKenzie upped pay for NQs by £5,000. While many industries have been [...]

  • INEOS boss Sir Jim Ratcliffe brands CMA ‘increasingly hostile to business’ after $1bn deal snub

    July 4, 2023

    INEOS chair Sir Jim Ratcliffe has lashed out at Britain’s competition watchdog for being “increasingly hostile” to business – after it blocked a $1bn deal involving his firm. The business titan who founded the private chemicals giant made his comments after the Competition and Markets Authority prevented INEOS’ acquisition of Sika AG, a concrete additives [...]

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