Brahmāstra Part One: Shiva sees the superhero genre get the Bollywood treatment September 15, 2022 Rooted in ancient Indian mythology, Ayan Mukerji’s Disney-produced Hindi-language fantasy Brahmāstra — Part 1 of a planned trilogy — has taken eight years and one pandemic to hit the big screen. It is set within the ‘Astraverse’ — where natural elements are controlled via weapons (Astras) by a secret society called the Brahmānsh — and [...]
Housebuilder MJ Gleeson’s take-home swells as UK property prices climb September 15, 2022 Housebuilder MJ Gleeson has had its group profit and revenue grow a third over the past year as the average cost of a home climbs. The London-listed firm raked in £55.5m in pre-tax profit and £373.4m in revenue in the 12-months to 30 June, the company reported this morning. The average selling price grew around [...]
City Moves: Who’s switching jobs in the Square Mile? September 15, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Boreal IM Pan-European real estate investment manager Boreal IM has hired an ex-Merrill Lynch investor as a partner. Nikos Koulouras, the former head of investments at investment advisor AEW, brings over 20 years of experience to the firm’s London office. Koulouras is set to focus on the development [...]
Liz Truss is determined to ignore reality and push inflation up with price freezes September 15, 2022 It is hard to believe only a week has passed since Liz Truss made the announcement that was set to immediately define the start of her premiership; a blanket cap on energy bills so that the average household pays no more than £2,500 a year. After being harried for weeks by the opposition parties, she [...]
As we redefine levelling up, don’t ignore the poverty in London for political points September 15, 2022 London is also home to some of the most deprived areas in the country. There are pockets of poverty in practically every borough of London, including some of the most affluent.
King Charles III must find the balance of being a modern royal, following in his mother’s path September 15, 2022 In his mother, King Charles III has a model, but it will be a constant balancing act ahead.
Letters: When the going gets tough September 15, 2022 [Re: Tax cuts are not enough to help the small businesses facing crippling energy bills, Sept 2] Businesses are facing soaring costs and weakening demand which threatens their existence. From the start of April to the end of June, there were over 5,600 registered company insolvencies in the UK, an 81 per cent increase from [...]
Starbucks interim chief says firm ‘lost its way’ as chain heads for fresh growth plan September 15, 2022 Starbucks’ interim chief said the firm had “lost its way” in recent times as the coffee giant eyes up a $450m growth plan. In an interview with the Financial Times, Howard Schultz said although the company had gone through a rocky period, he believed “the best days of Starbucks are ahead of us”. In an [...]
UK consumer confidence falls into negative territory for first time since 2020 September 15, 2022 Confidence among UK consumers has fallen into negative territory for the first time since June 2020, according to a survey. The Consumer Confidence Index from YouGov and the Centre for Economics and Business Research (Cebr) fell by 4.2 points in August from 103.0 to 98.8, the largest decline since the early stages of the pandemic. [...]
Bankers’ bonus cap could be scrapped by Kwasi Kwarteng September 14, 2022 The bankers’ bonus cap, which limits the pay of top City and Canary Wharf executives, could be scrapped by new Chancellor Kwasi Kwarteng. The cap, which was brought in as part of EU-wide efforts after the financial crisis, has long been criticised as an anti-competitive stranglehold on the capital’s competitiveness. Kwarteng wants to scrap the [...]
