British Land splashes £157m on London warehouses amid logistics investment boom February 2, 2022 Real estate investment firm British Land has snapped up three warehouses in Wembley as it looks to tap into soaring demand for logistics hubs across London.
City Moves: Who’s switching jobs in the Square Mile this week? February 2, 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. finnCap Group finnCap Group has posted an HR veteran to its board, who has joined as a non-executive director. Annette Andrews brings some three decades worth of experience to the role, from across Lloyd’s of London, which [...]
Uncertainty from our leaders is keeping our economic recovery wavering on the brink February 2, 2022 In November last year, the UK’s total GDP output finally regained its pre-pandemic level. But although the economic recovery is on an upward trajectory, there is a disconcerting stop-start hesitancy to it. A reasonable indicator of where the economy stands in any given month is the purchasing managers’ index which shows the prevailing direction of [...]
Crypto VC boom shows no sign of stopping in 2022 February 2, 2022 Last year saw an explosion in crypto VC investment, with $31.6bn poured into projects in 2021. The momentum shows no sign of stopping in 2022.
Westminster Council: West End to receive millions in recovery support fund February 1, 2022 Westminster Council is to inject millions of pounds into reviving the borough’s hospitality industry. Within a £190m investment to support the area, the council has announced a dedicated £1m to recruit waiters, baristas and bar staff, it said yesterday. Some £150m is to be used to redesign the Oxford Street district and make Strand Aldwych [...]
This is not just a settlement: M&S agrees deal with Aldi over caterpillar cake February 1, 2022 Marks & Spencer has settled a long-running copyright dispute with Aldi over its iconic Colin the Caterpillar cake.
Mobile operator Three UK hikes staff wages considerably as it continues recruitment drive February 1, 2022 Mobile phone operator Three UK is planning to hike staff wages up to 12.6 per cent, as the country faces soaring prices for utilities and groceries. Some 2,500 retail staff will receive new minimum hourly rates set at £10.13 nationwide and £11.40 in London, excluding bonuses, the internet service provider said The pay hikes exceed [...]
Warehouse investment hits record levels as e-commerce fuels boom in demand January 31, 2022 Investment into warehousing and logistics hit record levels in the UK last year fuelled by a boom in online retail brought on by the pandemic.
Why should investors care about waste management? January 31, 2022 We look at what investors need to know about waste and outline some key investment opportunities. Waste management has long been one of society’s primary challenges. It’s an industry that’s ripe for disruption given how little it’s changed over the last few centuries. For example, only in the last 100 years have we started to [...]
In the bag: Radley London enjoys soaring profit after Christmas sales surge January 31, 2022 Handbag maker Radley London has reported buoyanct results after its sales in the US. The accessories brand reported retail sales were up 60 per cent in the first nine months of the current financial year, compared to the previous year. Retail sales were up 55 per cent in the five weeks to 2 January, with [...]