Grab the popcorn: Retail’s five most dramatic stories this year December 27, 2024 From Boohoo’s boardroom dramas to The Body Shop’s salvation in the nick of time, 2024 has been a big year in retail. City AM counts down its top five retail dramas this year (spoiler alert: Mike Ashley is at the centre of two of them). Asda tumbles down the supermarket charts Asda has faced a [...]
Why Raspberry Pi had a FTSE Christmas boost December 27, 2024 Raspberry Pi has held up the FTSE 250 on the first trading day after Christmas, with its stock price surging as much as 18 per cent today, pushing it to become a £1bn company. The Cambridge-based tech firm’s share price had been languishing just below £4 since the firm floated on the London Stock Exchange [...]
Tax experts question £3m family farm IHT exemption as not ‘realistic’ December 27, 2024 The government’s claim that family farms will benefit from a £3m tax exemption has been questioned by tax experts. Prime Minister Sir Keir Starmer has argued in defence of Chancellor Rachel Reeves’ move in the Budget to charge inheritance tax (IHT) on agricultural land worth above £1m. He said earlier this month that in a [...]
Netflix Beyonce Bowl most streamed NFL game ever December 27, 2024 Streaming giant Netflix will be clinking glasses into the new year after breaking records with their NFL coverage on Christmas day. The so-called “Beyonce Bowl” between the Baltimore Ravens and Houston Texans, which saw the 32-time Grammy winner perform a half time show, pulled in a staggering 24.3m viewers according to US audience monitoring firm [...]
Drop in Boxing Day footfall ‘signals return to declining pre-covid levels’ December 27, 2024 The slump in the number of people heading to the shops during Boxing Day sales signals a return to declining pre-pandemic levels, an analyst has said. Boxing Day shopper footfall was down 7.6 per cent from last year across all UK retail destinations up until 8pm, MRI Software’s OnLocation Footfall Index found. However, this year’s [...]
Mark Kleinman: Hold the Telegraph front page – then hold it some more December 27, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles the Telegraph bid, Mike Ashley’s failed Boohoo approach and an oil deal in the North Sea I suspect you’d have got long odds on January 1 on the auction of The Daily [...]
How to use your Christmas dinner leftovers on Boxing Day December 26, 2024 Robert Thompson was awarded an MBE for services to the hospitality sector after his cooking helped promote the Isle of Wight as a new food destination. This year, he opened RTCafeGrill on the island and is relaunching his eponymous Thompson’s in 2025. Here he shares his thoughts on how to make the most of your Christmas [...]
Where to spend New Year’s Eve: London’s very best events December 26, 2024 From boozy dinners to DJs and where to catch the fireworks, Larissa Steel has ten ideas for you this New Year’s Eve New Year’s Eve feels like a far-off thought – but the capital’s best events are booking up ahead of Christmas, so now’s the time to secure tickets. Here are some of the very [...]
Food Review: Ranking Wetherspoon’s Christmas menu at new Waterloo pub December 25, 2024 City AM's finest food reviewers, Steve Dinneen, Anna Moloney and Christopher Dorrell, try every single item on the new Wetherspoon's festive menu.
Starmer condemns Russia’s Christmas Day strikes on Ukraine power grid December 25, 2024 Russia’s “bloody and brutal war machine” has shown no respite “even at Christmas”, Prime Minister Sir Keir Starmer said, as he condemned strikes against Ukraine’s energy grid. Moscow has launched a massive missile barrage on Christmas Day, with the aim of crippling energy infrastructure sites across Ukraine. More than 70 missiles, including ballistic missiles and [...]