Landlords approve Leon’s rescue plan to save 670 jobs December 18, 2020 Healthy fast food chain Leon has secured backing from its landlords to implement a rescue plan which will save 670 jobs. The company announced this evening that 90 per cent of creditors approved the company voluntary arrangement proposals, which will allow Leon to switch to turnover-rents during the coronavirus pandemic. Leon’s branches, which are predominantly [...]
Lost the plot: City A.M’s pick of the best books of 2020 December 18, 2020 Whether it was a period of furlough, a cancelled trip or endless weekends with no pubs, restaurants, museums or cinemas open: there has definitely been more time for most of us to get stuck into a good book this year. As we turn the last page of 2020, whether you’re looking for a page-turner during [...]
Whatsapp to launch video calls on desktop in bid to rival Zoom December 18, 2020 Whatsapp is set to introduce video and voice calling to its desktop version next year following a surge in popularity for video-conferencing services. Currently Whatsapp only allows video and voice calls through its mobile app but a move to desktop calls would put it on par with Zoom and Google Meet. With over 2bn global [...]
Liverpool v Spurs and Call of Duty drive highest internet data record December 18, 2020 Average household internet usage has increased by 50 per cent this year according to data by internet provider TalkTalk. And December 16 saw the highest ever data usage peak of 7.63Tb/s on the network, with traffic largely driven by a combination of football including Liverpool vs Spurs on Amazon Prime and the release of Call of Duty. [...]
Clifford Chance launches Brexit ‘hotline’ for confused clients December 18, 2020 Clifford Chance has launched a Brexit ‘hotline’ to help clients with last minute Brexit preparations in the face of continued uncertainty. The hotline will operate from today until 4 January, and will help to answer client’s Brexit questions on the likes of contracts, supply chains, treasury, passporting, HR and international property. With less than two [...]
Rupert Murdoch and Sir Ian McKellen among latest to receive Pfizer vaccine December 18, 2020 Media tycoon Rupert Murdoch has joined other high-profile figures receiving the Pfizer vaccine. The 89-year-old received the first of two doses at a facility near his home in Henley, where he has been isolating for a number of months. News UK confirmed to City A.M. that he received the vaccine at his local GP’s surgery [...]
An arms and abs workout to burn some pre-Christmas calories December 18, 2020 Throughout December, fitness studio Core Collective’s top trainers will be guiding you through a weekly sweat focusing on different areas each week to sculpt and strengthen. This week we’ll be working on strengthening, lengthening and toning our upper body. Trainer Heloise Nangle has devised a workout that features a 10 minute arms and 10 minute [...]
Mike Pence receives Covid vaccine on live TV to build public confidence December 18, 2020 U.S. Vice President Mike Pence received his Covid vaccine live on television as the White House tries to build public confidence in the vaccine's safety.
Surge in bumper deals helps UK M&A regain its mojo December 18, 2020 After a slow start to the year UK M&A has bounced back after a surge in mega deals saw activity soar 80 per cent. M&A with UK involvement has totalled £429.8bn so far this year, 80 per cent more than the value recorded in 2019 according to research by data provider Refinitiv. A staggering 21 [...]
Next mulls bid for Sir Philip Green’s collapsed retail empire Arcadia December 18, 2020 Next is reportedly weighing up a bid for Sir Philip Green’s collapsed retail empire Arcadia with US investment firm Davidson Kempner Capital Management. The high street retailer is holding detailed discussions with Davidson Kempner about a combined offer for Arcadia, the owner of Topshop, Dorothy Perkins and Miss Selfridge, after it fell into administration last [...]
