Not-so-golden quarter: Retail footfall slumps in another disappointing year January 3, 2025 A dull December marked the end of yet another “disappointing” year for UK retail footfall as fresh data has revealed 2024 was the second year in a row to see a decline. According to recent Sensormatic data by the British Retail Consortium, UK footfall fell by 2.5 per cent year-on-year during the three months to December, [...]
Trump could be an opportunity for private equity January 3, 2025 Donald Trump is both a disruptor and a deal-maker, so it’s possible to see an emerging scenario of greater stability and security in the Middle East, which can only be a good thing for investors in the region, says Karim Souaid In a month’s time, Donald Trump will be back in the Oval Office and [...]
Women’s football and NFL: The biggest sports deals of 2024 December 31, 2024 Sport has been full of deals in 2024 with Premier League clubs being taken over, cricket selling stakes in franchise teams and transfers sending sports fans mad. But which were the standout deals of the last 12 months? Founder of SportsInvest Advisory Achille de Rauglaudre takes a look. March: Women’s football on the rise 2024 [...]
Downing Street rejects Elon Musk’s claim firms are turning away from UK December 30, 2024 Downing Street insisted Sir Keir Starmer was running an “unashamedly” pro-growth government after Elon Musk lashed out at his policies. Tesla boss Mr Musk said “very few companies” would be willing to put money into the UK under “the current administration”. Mr Musk, a close ally of US President-elect Donald Trump, was responding to calls [...]
Super prime London flats in 2025: Spas, bars and grocery picking December 30, 2024 Super-prime apartments are set to get even more swanky next year, as a host of new London developments come complete with hotel-esque amenities like spas, bars, music rooms and co-working spaces. With London’s priciest district coming in at nearly 96 times the average price of a home in the north of England (Knightsbridge, at £21.4m), [...]
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 [...]
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 [...]
Farage willing to work with Lord Mandelson to secure Trump trade deal December 25, 2024 Nigel Farage has said he would be willing to help incoming ambassador to the US Lord Mandelson negotiate with the Trump administration. Labour peer Lord Mandelson has indicated he believes the Reform UK leader, a friend of Mr Trump, could serve as a link between the British Government and the Republican president-elect. But Downing Street [...]
A look back at the highs and lows of politics in 2024 December 20, 2024 With elections in the UK and US in 2024, a new government, and a fresh opposition leader, watchers of Westminster and elsewhere have had a busy year in politics. At City AM we’ve followed every twist and turn as Labour secured an election victory in July, Donald Trump pulled off a White House comeback and [...]
The Capitalist: Bunking off work and rationing at Christmas time December 19, 2024 Not turning up for work, an end to bonuses and mindfulness goes out the window: it’s the Christmas edition of The Capitalist Bunking off? That’s the festive spirit As the days and hours creep encouragingly towards that great long stretch of dead time we call Christmas, the topic of skiving off from work has become [...]