The Friday Interview: Tom Gosnell brings mead to the masses July 31, 2020 Each Friday, City A.M. Deputy Editor Andy Silvester speaks to the most interesting people in London’s hospitality scene. This week he’s in Peckham, where founder Tom Gosnell has built the capital’s only meadery – Gosnells – turning out modern twists on the ancient drink. In an unassuming industrial estate in Peckham, a quiet drinks revolution [...]
This pandemic has not spared our children — we face a youth mental health catastrophe July 31, 2020 The coronavirus crisis has changed us all. Whether through bereavement, job losses, isolation, or drastic changes to work and schooling, 2020 has radically altered the world as we know it. We are yet to know how long we will have to live with Covid-19 — the government oscillates between telling us things will be back [...]
A data arms race has begun — it’s not a game, it’s a national security imperative July 31, 2020 Data privacy is a human right. It is also a matter of national — and international — security. If the “new Cold War” is upon us, as has been claimed on City A.M., it will be fought with information. However, the west seems less serious about the “data arms race” than China and Russia, leaving [...]
DEBATE: Is the plan to revitalise John Lewis likely to be a success? July 31, 2020 Is the plan to revitalise John Lewis likely to be a success? Emma Revell, head of communications at the Institute of Economic Affairs, says YES. Bricks and mortar retail was in decline well before coronavirus hit and large department stores were struggling to afford sky-high rents on their enormous buildings. By recognising the changes in [...]
Retail vacancies to spike in coming months, experts warn July 31, 2020 Retail vacancies crept up in the second quarter but the industry warned of a spike in empty properties when the full impact of the coronavirus pandemic hits the high street. In the second quarter the shop vacancy rate in Britain increased to 12.4 per cent, from 12.2 per cent in the first three months of [...]
City View exclusive: Foreign Affairs Committee chief labels Chinese ambassador ‘bully’ July 30, 2020 The chair of the Commons’ Foreign Affairs Committee has called China’s ambassador to the UK a “bully”, after the Beijing official accused Britain of cooking up “lies and slander” about the country and of getting too involved in its internal affairs. Speaking on City A.M.‘s daily podcast The City View, Tom Tugendhat said China’s recent [...]
The City View: Tom Tugendhat MP on China, Russia and foreign affairs July 30, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy is joined by Tom Tugendhat MP, the chair of the Foreign Affairs Commons Select Committee. Tom responds to the latest warnings from the Chinese ambassador, warns Beijing it should not attempt to “bully” Britain, and Hong Kong’s economic future. He also offers us his take on the [...]
Strong iPhone sales power Apple past expectations July 30, 2020 Sales of Apple’s hallmark iPhone surpassed analyst expectations by $4bn in its fiscal third quarter, pushing the tech firm to report revenue gains in every product category and geography. With 60 per cent of its smartphone sales coming from international markets, the California-headquartered tech giant posted iPhone revenues of $26.42bn, leapfrogging analyst expectations of $22.37bn. [...]
Google parent Alphabet sees revenue fall for first time ever July 30, 2020 Google parent Alphabet saw revenue fall for the first time in its history today, although it beat analyst expectations for its second quarter earnings. Revenue fell to $38.3bn from $38.9bn in the second quarter, compared to Refinitiv estimates of $37.4bn. It also beat expectations for earnings per share, which came in at $10.13, instead of [...]
Facebook smashes revenue expectations as more people login in lockdown July 30, 2020 Social media behemoth Facebook has smashed analyst expectations in the second quarter, beating predictions for advertising revenue, earnings per share and user numbers. Shares in the social network shot up 7.8 per cent in after hours trading. In total, revenue rose from $16.9bn last year to $18.7bn in the past three months, ahead of analyst [...]
