Mike Ashley: Will the headline-grabbing Sports Direct boss go quietly? August 5, 2021 Frasers Group boss Mike Ashley is to relinquish his position as chief executive of the retail group after decades in the spotlight but there are suggestions the billionaire will continue to call the shots. The Sports Direct founder will hand over the reins next year to his daughter’s fiancé, Michael Murray, the group confirmed in [...]
Bullring owner Hammerson sees fall in value of managed portfolio but profits rise despite pandemic impact August 5, 2021 Hammerson have released mixed half-year results as the property giant saw its profits rise amidst a fall in its managed property value. The London-based firm saw an eight per cent fall in its net rental income year-on-year brought on by the pandemic and a significant impact on trading for much of the year up to [...]
Powered up: Daniel Sherfield CA, CFO of Grind, talks about the growth of the brand, its city venues and ecommerce stream August 5, 2021 It’s gone from being Silicon Roundabout’s all-day caffeine fix to a chain of cafes and ecommerce business. Daniel Sherfield CA talks to Cherry Casey about the growth of Grind. This article first appeared in ICAS’ CA magazine. If there is one word to describe the journey Grind has taken in the decade since its inception it would be [...]
West End boss reiterates calls for extended Sunday trading hours August 4, 2021 New West Company End Company has called on the Government for continued support to help the area as post-pandemic trade rebuilds. The company wrote to business minister Kwasi Kwarteng earlier this spring to ask for the West End and Knightsbridge international centres to be added to the list of exemptions in the 1994 Sunday Trading [...]
Three great roles to apply for this week August 4, 2021 If you’re looking for an exciting new job, then you have absolutely come to the right place! Every week for the last number of months we have been sharing brilliant opportunities with you, in the hopes of helping the world get back to work after the pandemic. And since things have started to return to [...]
Legal & General profits over £1bn in a return to pre-covid levels August 4, 2021 Legal & General Group today reported strong financial results for the first half of the year, as the firm remains “confident in our collective and successful emergence from the pandemic.” The London-based asset manager saw a 14 per cent growth in operating profit to £1.1bn, compared with £946m for the same period in 2020. It’s [...]
The Office: Time for Government to offer certainty and direction August 4, 2021 Life has changed immeasurably over the past eighteen months, and the world of work is no different. Many office workers have now been working from home for over a year and habits have changed. Is hybrid working the future? There are certainly plenty of advocates suggesting that sofas, laptops and 8:59 alarm clocks are the [...]
Rishi Sunak renews call for City workers to get back to the office August 2, 2021 Rishi Sunak has renewed calls for young City workers to get back to the office now the government’s work from home order has been dropped. The chancellor recalled how his career as a young investment banker was helped by making relationships in the office with older colleagues. Speaking about a recent visit to Scotland where [...]
Decentralized finance surpasses 3 million users ahead of major Ethereum upgrade August 2, 2021 CryptoCompare’s data shows that the price of Bitcoin (BTC) went sideways throughout the week, starting at around $38,000 and dropping to a $36,000 low before surging and testing the resistance at $42,000, which it failed to break through. Ethereum’s ether, the second-largest cryptocurrency by market capitalization, moved in a similar way throughout the week, from [...]
The return of the West End: rebuilding a delicate ecosystem of workers and culture August 1, 2021 While London’s West End may be known for its flagship stores, Michelin star restaurants, world-class hotels and unrivalled theatres, it is also home to a thriving office sector. One in ten Londoners are employed in the West End across various industries, from retail and leisure through to finance and real estate. This ecosystem of industries [...]