No full-time return to the office for over a million British workers May 6, 2021 Almost all of 50 of the UK’s biggest employers have said they do not plan to bring staff back to the office full-time. Some 43 of the firms told the BBC that they would embrace a mix of home and office working, with staff encouraged to come into work for two to three days a [...]
Mayor of London election: What did the candidates say about the City of London? May 6, 2021 Londoners are heading to the polls today to decide who their next mayor will be. The pandemic has been particularly hard for the City, with workers, tourists and other visitors vanishing as lockdowns were imposed. Shops, restaurants, and pubs all had to pull their shutters down and offices emptied. Let’s take a look at what [...]
FTSE 100 ends the day on a high while Dow hits new record May 5, 2021 Heavyweight mining stocks pushed the FTSE 100 higher today while Wall Street opened higher on strong jobs data as the Dow Jones hit a record high. The blue-chip index closed 1.68 per cent higher, buoyed by chemicals group Croda’s shares soaring towards the top of the index after it announced a business review assessment. The [...]
Return on property value: Is it time to sell if you live in this part of London? May 5, 2021 Recent ONS figures suggest that UK house sales have increased by 160 per cent since January, and show no sign of slowing down any time soon. Average house prices across the UK increased 8.6 per cent in the year to February, the highest house price growth recorded in the UK since October 2014. One of the trends that [...]
5 incredible companies that are hiring in London right now May 5, 2021 Summer is here (finally!), and it’s a great time to make some changes. For many people, that might mean a wardrobe cleanout or a new workout routine, for others, it might mean a new job. Today, let’s deal with the job thing. It can be a bit daunting to start a job hunt, especially during [...]
Mayor of London election: Where do the major candidates stand on the Covid recovery? May 5, 2021 With the 6 May mayor of London election just one day away, City A.M. is producing a four-piece series on where the four leading candidates stand on different issues. Today, we look at Covid recovery policies from the candidates from Labour, the Conservatives, the Green Party and the Liberal Democrats. Sadiq Khan The incumbent mayor [...]
Hipgnosis buys up Dua Lipa and Justin Bieber songwriter’s back catalogue May 5, 2021 Hipgnosis has bought the catalogue of songwriter and producer Andrew Watt as the music investment firm continued its spending spree. Watt recently won producer of the year at the 2021 Grammy Awards for his work with artists including Justin Bieber, Miley Cyrus and Dua Lipa. Hipgnosis’ acquisition binge shows no sign of slowing down, after the [...]
High Court rules against hospitality bosses on indoor closures May 5, 2021 Hospitality bosses have lost their legal battle for a quicker reopening of indoor hospitality in England. Punch Taverns founder Hugh Osmond and Sacha Lord, the night-time economy adviser for Greater Manchester, brought a case against the government challenging the current rules. Lord and Osmond said there was no justification or scientific bias for pubs and [...]
Exclusive: Sadiq Khan confident ‘boomerang Londoners’ will return post-pandemic May 4, 2021 Sadiq Khan has said he is confident that most of the estimated 700,000 foreign-born workers who have left London since the end of 2019 will return as the UK sheds its Covid restrictions. Khan told City A.M. in a long-ranging interview, to be released in full later today, that these were “boomerang Londoners” who would [...]
Leadenhall Market to become neon-soaked cinephiles’ dream May 4, 2021 Leadenhall Market will this month swap its Victorian grandeur for in-your-face neon lights, transforming into a living art exhibition courtesy of God’s Own Junkyard. The neon artists at the famous Walthamstow-based studio will create Electric City, an “immersive technicolour production”, featuring highlights from its 40-year history making neons for cinema, including Stanley Kubrick’s Eyes Wide [...]