JD Wetherspoon launches 99p pints despite sector warning of cost pressures October 27, 2021 Pub giant JD Wetherspoon has put 99p pints back on the menu as the pub sector battles rising costs. The operator said it would slash the prices on a range of drinks throughout November in a bid to lure post-lockdown drinkers back. Across its 671 pubs in England, JD Wetherspoon (JDW) will sell three alcoholic [...]
The best places in London for a spooky Halloween cocktail October 27, 2021 While many of the good readers of City A.M. may baulk at the thought of a rowdy Halloween party – especially one at which you may have to wear a costume – this year there are some genuinely exciting events for the more discerning pleasure-seeker. Whether you’re in the market for excellent food with a [...]
Face masks made mandatory for all staff in Commons – apart from MPs October 27, 2021 Face masks have been made mandatory for everyone working in the House of Commons, with the exception of MPs. New guidance published by the Speaker, Sir Lindsay Hoyle, has outlined that all staff on the parliamentary estate, including MPs’ researchers, press and security staff, must wear a face covering. The move would “ensure that those [...]
Autumn Budget LIVE: Chancellor to usher in ‘age of optimism’ October 27, 2021 Expectations are sky high after Chancellor of the Exchequer, Rishi Sunak, promised to usher in an ‘age of optimism’ with the Autumn budget. While the official announcement is not expected until 12:30 this afternoon the Chancellor has already briefed press on where key portions of the money are going to be allocated. In fact, Sunak [...]
How’s vaccine inequality driving up global inflation? October 27, 2021 As the more highly vaccinated countries roll out Covid booster shots, other parts of the world are still struggling to get their first jab. The vaccine divide is more apparent in the emerging markets (EM). World organisations have voiced their concerns over “vaccine nationalism” whereby vaccine-exporting countries prioritise supply first for their own populations before [...]
Q&A: why are so many investors still ignoring the UK stock market? October 27, 2021 Q: Are UK shares cheap because they’re “old economy” businesses in the banking, oil and tobacco sectors? Bill Casey: When we speak to management teams of UK-listed businesses, many are pulling their hair out, complaining their shares are lowly “rated” compared to US and European-listed peers. They run good quality businesses which we don’t think have [...]
London transport hit by ‘aggressive’ marketing ‘assault’ from crypto meme coin Floki October 27, 2021 A digital token named after Elon Musk’s new dog, Floki, has rolled out hundreds of adverts in the capital in what it’s called “a full-out assault of the London public transportation system,” raising questions as to who is responsible for high-risk investments being advertised so widely. Floki Inu coin is one of many dog “meme” [...]
Opinion-in-brief: Budget traditions are traditions for a reason October 27, 2021 Budgets are supposed to be secret. Apart from launch codes and special forces, they’re the most confidential part of government. In 1947, the Labour chancellor, Hugh Dalton, had to resign because he let slip a detail of his budget on his way into the chamber. They’re not just secret from the public. By tradition, the [...]
Bitcoin drops below $60k as markets cool off October 27, 2021 The price of bitcoin yesterday closed below $60,000 for the first time in almost two weeks, with two minor flash crashes on Wednesday morning seeing the largest cryptocurrency fall to as low as $58k before recovering to around the $59k level, where it’s currently changing hands. That’s down 2.5% since yesterday morning and 8.5% over [...]
Instagram influencer’s post banned for not making Primark ad clear enough October 27, 2021 An influencer's post promoting Primark products has been banned for not making it adequately clear it was an advert.