A post-pandemic high street must be experience-led, says Geek Retreat CEO June 2, 2021 In a post-pandemic world, the high street needs to offer customers something more experiential – something online giants like Amazon can’t offer – the CEO of ‘geek culture’ store Geek Retreat has said. Geek Retreat, the retailer that sells everything from comics and graphic novels to action figures, and also offers customers access to gaming [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 2, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Brown Advisory expands London office with senior hires Investment management firm Brown Advisory has bolstered its London office this week with two senior hires as its collection of assets hits $15bn. [...]
Wall Street opens higher while the FTSE 250 closes at a new record June 1, 2021 Wall Street opens higher as FTSE 250 closes at a new record
Made.com: Online retailer confirms plans to raise £100m in London IPO June 1, 2021 Made.com has confirmed plans to list in London later this month after capitalising on the shift to e-commerce during the pandemic. Last week the online furniture retailer unveiled plans for a float and today confirmed it plans to raise £100m, and the offer will include an offer of existing shares to be sold by existing [...]
Crowdcube launches IPO platform for retail investors June 1, 2021 Crowdcube has today announced the launch of a new IPO platform as minister plan to reduce the dominance of institutional investors in listings. The UK crowdfunding company allows retail investors to xxx . It will offer a service for public as well as private share sales from this summer, the Financial Times reported. “These community [...]
Sun shines on FTSE 100 amid reshuffle as ITV aims for prime-time slot June 1, 2021 The sun is shining on the FTSE 100 with the index receiving an early summer boost pushing it firmly above the psychologically important 7,000 mark. As the global growth recovery story unfolds, miners in particular are on the front foot today, as high demand for metals in particular push prices higher. Anglo American and Rio [...]
Pound retreats after hitting three-year high amid variant concerns June 1, 2021 The pound retreated this morning after reaching a fresh three-year high versus the dollar amid economic recovery hopes. Well into the London session after the bank holiday weekend, sterling reversed its course to fall 0.2 per cent to $1.4183. The pound edged lower as concerns over a new coronavirus strain outweighed increasing investor optimism on [...]
West End gets bank holiday boost as shoppers flock to central London June 1, 2021 Shoppers flocked to London’s West End over the bank holiday weekend, keen to make the most of shops, restaurants and bars in the sunshine. Footfall in the area was up 67 per cent over the bank holiday weekend when compared with last weekend’s figures, data from New West End Company found, which represents 600 retail, [...]
Headhunting firm nabs Battersea space in vote of confidence for the office June 1, 2021 Perrett Laver has signed a 10-year lease on space at One Embassy Gardens in Battersea, in a vote of confidence for the office. The headhunting firm will take half of the ninth floor at One Embassy Gardens, covering some 5,800 sq ft. The company is moving from offices in Westminster, and will join tenants Penguin [...]
‘Risky’ FTSE firms could be shunned by worried auditors fearing backlash May 29, 2021 There are worries that the crushing weight of public criticism combined with record-breaking fines could see perceived ‘risky’ FTSE companies shunned by auditors. Following large-scale collapses like Carillion and Patisserie Valerie, the audit sector has faced harsh criticism, having come under both the media and government’s spotlight for failing to do their jobs properly. According [...]