BREAKING: Elizabeth Line platforms at Paddington station reopen after evacuation on first Crossrail day May 24, 2022 Paddington station was reopened after hundreds of people were seen fleeing from the Elizabeth line platforms at Paddington station due to a fire alarm. A TfL spokesperson told City A.M. the station was reopened after it was confirmed the fire alert was a false alarm. Twitter user Laura Bunting earlier this morning posted a video [...]
Partygate: Sadiq Khan urges Met to provide ‘urgent clarity’ on picture showing Downing Street lockdown drink May 24, 2022 Sadiq Khan has called on the Met Police to provide “clarity”, as to why Boris Johnson was not fined for a November 2020 Downing Street gathering revealed in a leaked picture yesterday. The Mayor of London made his comments after ITV News published an image of the prime minister raising a glass during a gathering, [...]
Logistics boom: Warehouse investment trust launches on London’s main market May 24, 2022 Warehouse Real Estate Investment Trust (REIT) is launching onto London’s main market, it announced today, after five years on the junior market. The logistics real estate heavyweight is expected to have access to a larger pool of capital and investors as a result, which it hopes will boost its liquidity and recognition. Warehouse REIT, which [...]
Amigo lifts suspension of shares after winning High Court approval for compensation plan May 24, 2022 Loans provider Amigo has lifted its suspension of shares after the High Court backed its compensation plans for customers.
Conference firm Hyve has £11.5m pre-tax loss as exit from Russia and insurance proceeds dent recovery May 24, 2022 Conference-organising firm Hyve had a pre-tax loss off £11.5m due to the impact of the ongoing war in Russia and declining insurance proceeds. The exhibition company brought in £58.6m in six months to the end of March this year, more than ten times the previous 12 month’s intake. It did however complete its exit from [...]
Callow Hall: Laid-back charm and rural beauty in the Peak District May 24, 2022 THE WEEKEND: Found on the southeastern edge of The Peak District, Callow Hall is the first hotel from the Wildhive hospitality brand. Placing nature at its core, the owners behind the launch are aiming to champion the UK’s lesser-known spots, by offering laid-back stays in restored historic houses. What’s more, by hopping on the train [...]
Boohoo agrees final settlement for US class action without admitting liability for ‘deceptive’ clothing promotions May 24, 2022 Fast fashion giant Boohoo revealed this morning that it had reached a final settlement without admitting liability in relation to a Californian lawsuit.
Cost of living crunch: Grocery price inflation hits highest level in 13 years as households struggle to pay bills May 24, 2022 Grocery price inflation has now hit the highest level since May 2009, with almost a quarter of households saying they are struggling to make ends meet. Supermarket prices have risen seven per cent over the past four weeks, according to the latest grocery sales data published by Kantar this morning. Products to see the sharpest [...]
Greencore revels in rising revenues powered by food-to-go services and acquisitions May 24, 2022 Convenience food manufacturer Greencore Group has enjoyed a 33.6 per cent boost in revenues, according to its latest half-year update.
Topps Tiles hails record turnover with Brits still hooked on home repairs May 24, 2022 Topps Tiles, the UK’s largest tile specialist, has hailed a record turnover for the first half of the year, with Brits still hooked on repairing and improving their homes following the easing of lockdown restrictions. The London-listed retailer snagged £199m in the six months to 2 April, up more than 15 per cent in comparison [...]
