Crypto AM Spring Awakening: Announcing MELD as a General Partner March 29, 2023 Crypto AM is delighted to announce MELD as a General Partner for the Crypto AM Spring Awakening event.
FTSE 100 close: Ocado delivers bumper gains while Next zips lower March 29, 2023 London’s FTSE 100 was hoisted higher by the UK’s largest retailers surging today, except high street bellwether Next, which stumbled badly. The capital’s premier index bumped more than one per cent to 7,564.28 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, surged 1.28 per [...]
What next for Waitrose? Supermarket quits Planet Organic talks after John Lewis fiasco March 29, 2023 Waitrose has pulled out of secret talks to acquire a stake in rival health supermarket Planet Organic. The high-end supermarket, which is part of the John Lewis Partnership, ceased discussions late last week about a possible agreement, according to reports first published in Sky News, Sources told the outlet that the deal would have meant [...]
Supermarket wars: Lidl and Aldi gain ground on Tesco as bargain-hunting Brits battle grocery inflation March 28, 2023 Lidl is the UK’s fastest growing supermarket as bargain-hunting Brits turn to the discount grocer during the cost of living crisis. With grocery inflation now at 15 per cent, new figures published by Kantar this morning show value outlets have seen an uptick in sales last month. Sales in the German supermarket Aldi rose 25.8 [...]
5 Key Warning Signs That You Need To Update Your CV Now March 27, 2023 The outlook for top tech companies across the UK is, at the moment, very uncertain. Not a day goes by when we don’t hear reports of projects being stalled, hiring freezes being put into place, or worse still another employee posting on LinkedIn that they have been laid off and are #opentowork. While talk of [...]
It’s all about quality: Fixing the Square Mile’s shopping district March 27, 2023 As Oxford Street struggles to fill vacant spaces on its high street, many in the retail sector are also questioning what the future holds for the Square Mile’s shopping scene. At One New Change, the City’s prime shopping centre, which was launched in 2010 to rival London’s West End, there are about 10 vacant lots, [...]
UK poised to have officially dodged recession last year as outlook brightens March 26, 2023 Britain is poised to have officially swerved a recession last year, the country’s statistics agency is expected to confirm this week. New final numbers outlining economic growth in the final three months of 2022 are likely to hold steady at zero per cent, meaning the UK narrowly dodged the official recession definition of two consecutive [...]
FTSE 100 close: London index falls as investors react to mixed retail figures, JD Wetherspoon and Tui March 24, 2023 London’s FTSE 100 index closed 1.31 per cent lower today as investors failed to be enthused by data showing the UK’s economy is faring better than expected following the Bank of England’s (BoE’s) decision to hike interest for the eleventh time in a row. The capital’s premier index fell 1.05 per cent to 7,424.71 points [...]
Retail: 40 per cent of high street shops will have to be repurposed or they will ‘wither on the vine’, local leaders warn March 23, 2023 Some 40 per cent of high street shops will have to be repurposed or they will “wither on the vine” as the demand for physical retail dwindles, local leaders have warned. According to a survey by trade body Revo and consultancy Lambert Smith Hampton, as first reported by The Guardian, the need to reinvent retail [...]
Can Tulip Siddiq get Labour’s City plans blooming? March 23, 2023 Labour's Shadow City minister talks facing off against her opposite number and the struggle for the Square Mile.