Man charged over attempted robbery and multiple stabbings in Bishopsgate October 11, 2022 A man has been charged over an attempted robbery and knife attack in the heart of the city. Louis Parkinson, 25, has been formally accused over an incident last week in Bishopsgate, which led to three people being hospitalised with stab wounds The City of London Police responded to the incident last week at [...]
Bitcoin and Ethereum lose gains after strong jobs numbers in US October 11, 2022 Bitcoin is changing hands for $19,081 this morning - down by more than four per cent over the last seven days.
Westminster council to give Oxford Street a glow-up in revitalisation effort October 11, 2022 Oxford Street is set for a revamp after Westminster council announced it would focus spending in the area on London’s main shopping drag – shelving projects to the north and south. “The Council’s capital funding… will now be directed to prioritise and deliver public realm improvements on Oxford Street itself,” the Council said yesterday. The once-glitzy street [...]
Pret A Manger invests £10m in staff pay bringing salaries above inflation October 11, 2022 Pret A Manger will invest £10m to support its staff with the cost of living crisis, bringing pay above inflation. The outlet will give its workers a salary boost from 1 December to the tune of five per cent. This comes after the coffee chain invested £9.2m in April this year, with 6,500 of its [...]
Spike in package holidays and foreign travel may be ‘rare positive legacy of pandemic’ October 11, 2022 Foreign holidays are back with a bang with 45 per cent of people going abroad in the last year. The latest study from travel agent association ABTA found the level of foreign travel in the last 12 months was equivalent to 70 per cent of that in 2019, pre pandemic. With coronavirus restrictions lifted, a [...]
EU targets November deal to tackle ultra-high gas prices October 11, 2022 The European Union is pushing for a November deal on more emergency measures to tackle ultra-high gas prices.
UK unemployment falls to 50 year-low amid jobs market exodus October 11, 2022 A sharp rise in the number of Brits dropping out of the jobs market altogether has artificially pushed the UK unemployment rate down to its lowest level since the mid 1970s, official figures published today reveal. The volume of people in the UK not looking for work climbed around 330,000 over the last three months, [...]
The 30 rising dealmaking stars – but only one of them is a woman October 11, 2022 A NEW ranking of London’s ‘rising star’ public market dealmakers includes only one women in its list of the capital’s top 30 youngsters. The list, compiled by financial intelligence firm MergerLinks, is based on the size of deals and their perceived financial complexity. Goldman Sachs’ Cara Pazdon is the only woman on the list. The City has [...]
YouGov CEO to move to chair role this summer October 11, 2022 Polling firm YouGov has said it will hunt for a new CEO as its current top boss and founder will soon move to the role as chair. The board has unanimously agreed that Stephan Shakespeare should take over the chair position when Roger Parr departs the role. A new CEO will join in August 2023, [...]
Shoppers face £643 increase to yearly grocery bill October 11, 2022 Shoppers are facing an additional £643 jump in their annual grocery bill as grocery price inflation breaks another record. According to freshly published data from Kantar, grocery inflation sits at 13.9 per cent, the highest level since the data firm started tracking prices in the 2008 financial crisis. The average household’s annual grocery bill is [...]
