Drop in Boxing Day footfall ‘signals return to declining pre-covid levels’ December 27, 2024 The slump in the number of people heading to the shops during Boxing Day sales signals a return to declining pre-pandemic levels, an analyst has said. Boxing Day shopper footfall was down 7.6 per cent from last year across all UK retail destinations up until 8pm, MRI Software’s OnLocation Footfall Index found. However, this year’s [...]
Badenoch accuses Farage of ‘fakery’ over Reform membership figures December 27, 2024 Conservative leader Kemi Badenoch has accused Nigel Farage of “fakery” over Reform UK membership numbers, after his party claimed they had surpassed the Tories in signed-up members. Mrs Badenoch said Reform’s counter was “coded to tick up automatically”, but Mr Farage said he would “gladly invite” a firm to “audit our membership numbers” as long [...]
Mark Kleinman: Hold the Telegraph front page – then hold it some more December 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles the Telegraph bid, Mike Ashley’s failed Boohoo approach and an oil deal in the North Sea I suspect you’d have got long odds on January 1 on the auction of The Daily [...]
Luxury brands like Burberry set for a rebound – but bosses are still pessimistic December 26, 2024 It’s high-time for some good news in the luxury sector, with analysts predicting the industry may finally be approaching the bottom of its two-year downturn. With opportunities in the United States and China “not getting any worse”, analysts have predicted five to six per cent revenue growth in 2025 across the sector. Most remarkable of [...]
Food Review: Ranking Wetherspoon’s Christmas menu at new Waterloo pub December 25, 2024 City AM's finest food reviewers, Steve Dinneen, Anna Moloney and Christopher Dorrell, try every single item on the new Wetherspoon's festive menu.
Starmer condemns Russia’s Christmas Day strikes on Ukraine power grid December 25, 2024 Russia’s “bloody and brutal war machine” has shown no respite “even at Christmas”, Prime Minister Sir Keir Starmer said, as he condemned strikes against Ukraine’s energy grid. Moscow has launched a massive missile barrage on Christmas Day, with the aim of crippling energy infrastructure sites across Ukraine. More than 70 missiles, including ballistic missiles and [...]
Man arrested on suspicion of attempted murder after car hits pedestrians in London’s West End December 25, 2024 A man has been arrested on suspicion of attempted murder after pedestrians were hit by a car in London’s West End in the early hours of Christmas Day. The Metropolitan Police said officers were called at 00.45am following reports of a collision and a car driving on the wrong side of the road on Shaftesbury [...]
Ex-Abercrombie CEO’s dementia ‘may leave him incompetent to face sex charges’ December 25, 2024 Defence lawyers say the former CEO of Abercrombie & Fitch may have dementia, and a competency hearing is necessary to determine if he can face sex charges. Lawyers for Michael Jeffries said in court papers unsealed on Monday in federal court in Central Islip on Long Island that a neuropsychologist who examined Jeffries in October [...]
Farage willing to work with Lord Mandelson to secure Trump trade deal December 25, 2024 Nigel Farage has said he would be willing to help incoming ambassador to the US Lord Mandelson negotiate with the Trump administration. Labour peer Lord Mandelson has indicated he believes the Reform UK leader, a friend of Mr Trump, could serve as a link between the British Government and the Republican president-elect. But Downing Street [...]
Retail in 2025: The year of personalisation, AI, wellness – and no more barcodes December 24, 2024 2024 has been a tough year for retail. From companies sounding the alarm on business rates in the first half of the year to low consumer confidence and footfall proving stickier than expected, the festive period has now been overshadowed by stark warnings about further cost rises next year. Restructuring partner at RSM UK, Gordon [...]
