My Sporting Life: Landor’s chief creative officer Peter Knapp on West Ham, archery and the Olympics September 16, 2018 Peter Knapp, chief creative officer at global branding and design agency Landor talks West Ham, lower league football, archery and the Olympics. What is your sporting passion? My passion, my obsession and therefore my depression, is West Ham United. From a very early age, despite all of my family supporting Tottenham, fate decided that I’d be [...]
Why John Lewis’ price promise won’t deliver profits September 14, 2018 Retail bellwether John Lewis reported a 99 per cent drop in profits yesterday in what one analyst labelled a moment as significant as the fall of the Roman empire, as far as the struggling high street is concerned. The middle-class favourite’s profit before one-off items slumped to £1.4m in the six months to 28 July [...]
Why John Lewis’ price promise won’t deliver profits September 14, 2018 Retail bellwether John Lewis reported a 99 per cent drop in profits yesterday in what one analyst labelled a moment as significant as the fall of the Roman empire, as far as the struggling high street is concerned. The middle-class favourite’s profit before one-off items slumped to £1.4m in the six months to 28 July [...]
Investigation report into TSB IT meltdown to be fast-tracked September 9, 2018 A report investigating TSB's technology meltdown will be fast-tracked and published before the end of the year. Law firm Slaughter and May is conducting an investigation into a botched IT systems migration in April that left customers unable to access online bank accounts. Read more: Paul Pester steps down as TSB boss amid ongoing IT issues The report will be divided [...]
The future of cryptocurrencies September 4, 2018 The past two years has been somewhat of a nervy time for cryptocurrency investors. There will have been periods of jubilation for some, and there will inevitably have been moments of despair for others. The price of bitcoin alone went from approximately $1,000, to $20,000 at the end of last year, before falling spectacularly in [...]
Footasylum share price halved after second profit warning in a year September 3, 2018 Shares in Footasylum have plummeted this morning after the company said it will make a loss in the first half of the year. The sportswear retailer said that squeezed margins and higher investment costs would weigh on earnings for the full year, while revenue is now expected to be below market expectations. Shares fell 47 [...]
First-time buyers swoop in during summer lull August 30, 2018 First-time buyers jumping onto the property ladder rose to an eight-month high in July, as hopeful homeowners took advantage of the housing market’s traditional summer slump. Roughly 30 per cent of all house sales were made to first-time buyers in July, rising from 23 per cent in the same month last year, according to new [...]
Change is coming. Are you ready to reinvent yourself and your business? August 28, 2018 You can't keep good people down. That’s the takeaway from Usain Bolt’s decision to hang up his running shoes and don his football boots with Australian club the Central Coast Mariners. He used his 32nd birthday last week to practice with the club for the first time and, in so doing, reinvents himself from an [...]
Feeling thirsty? London is getting 20 new drinking fountains at train stations and shopping hotspots August 28, 2018 The summer heatwave might be nought but a distant memory now, but if the capital sees the sun again this side of Christmas Londoners will be thankful for 20 new water fountains coming to train stations, shopping centres and museums around the city. Four of the Mayor of London's watering holes (we don't mean pubs) are [...]
Welcome to the 2017 edition of Giving magazine August 24, 2018 We proudly present the fourth edition of Giving, City A.M.’s annual magazine about world philanthropy and giving trends both inside and outside of London. Every year, as Christmas gets closer and the days grow shorter, family, friends and colleagues come together, and parties and presents are at the top of our minds. Simultaneously, feelings of [...]