Pubs to remain open on Monday for Queen’s funeral September 14, 2022 Pubs across the country will be opening their doors on the day of the Queen’s funeral, as waves of mourners flock to the capital. The UK’s largest pub group, Stonegate, said its managed venues would remain open on the bank holiday on Monday. A spokesperson said that “where possible” would screen the funeral, following the [...]
McDonald’s is latest to shutter on Monday for Queen’s funeral September 14, 2022 Fast-food giant McDonald’s is the latest retailer to close its doors on Monday for the Queen’s funeral. The restaurant chain’s UK arm announced it would close until the early evening as up to a million descend on central London to say goodbye to Her Majesty. Earlier this week, Lidl, Waitrose and Sainsbury’s and Tesco were among [...]
Shares dive for Joules after stake acquisition talks with Next called off September 14, 2022 Joules’ shares have been further subdued after it confirmed it is no longer in discussions with Next acquiring an equity stake in the lifestyle group. The ailing retailer’s share price was down around twelve per cent in early afternoon trading on Wednesday, following an announcement the day before. Shares were down by 33 per cent [...]
City Moves: Who’s switching jobs in the Square Mile? September 14, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Orrick Law firm Orrick has posted a fresh partner into its fintech team, focused on providing regulatory counsel on payment services, e-money issuers, crypto-asset issuers, wallets and exchanges. Dan Jones, based in London, joins from US law [...]
London’s FTSE 100 sheds early gains after worrying US inflation numbers September 13, 2022 London’s FTSE 100 shed all its early gains today after a hotter than expected US inflation report sent investors wobbling. The capital’s premier index slumped 1.17 per cent to 7,385.86 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, slid 1.78 per cent to 19,167.21 [...]
Sports Direct owner Frasers makes re-entry into FTSE 100 September 13, 2022 Sports Direct owner Frasers has made a return to the London Stock Exchange’s FTSE 100. The retailer re-joined the blue-chip index on Tuesday, according to its new chief executive officer Michael Murray. In a LinkedIn post, the CEO said the “significant milestone reflects the strength of our strategy and the strong performance that Frasers Group [...]
Lidl joins Sainsbury’s, Tesco and Primark to shut shops for Queen’s funeral September 12, 2022 Top supermarkets and retailers including Lidl, Waitrose and Sainsbury’s are set to shut their UK stores on the day of Queen Elizabeth II’s funeral. Major retailers B&Q and Primark will also close shops for the bank holiday to mark the Queen’s state-funeral next Monday. Some supermarkets are also working on plans to cut some of [...]
Shelby Cobra makes official comeback via London retailer September 12, 2022 More Shelby sports cars will be available in the UK next year, including the latest continuation versions of the iconic Cobra.
M&S and Harrods pay tribute to ‘selfless devotion’ of Queen as Selfridges’ stores close September 9, 2022 High street leaders have paid their respects to Queen Elizabeth II, remembering her “comfort, leadership and steadfastness”. The Queen passed away yesterday at Balmoral Castle, after a reign spanning seven decades, aged 96. Luxury department store Selfridges announced its stores in London, Manchester and Birmingham would remain closed on Friday out of respect. The stores [...]
Queen Elizabeth II: A front-row view to almost a century of history September 8, 2022 Her Majesty Queen Elizabeth II has passed away after a lifetime that has seen everything from World War II to the Covid-19 pandemic. City A.M. look back at the extraordinary events she lived through as Queen of the United Kingdom and the Commonwealth. 1952: Elizabeth becomes Queen following the death of her father, George VI, [...]