Franco Manca owner Fulham Shore says reopening sales beat pre-Covid levels April 23, 2021 Franco Manca owner Fulham Shore said sales had boomed since outside trading at its restaurants reopened, beating pre-Covid levels. Group sales in the week ended 18 April were ahead of the same wee in April 2019, before the coronavirus pandemic hit the UK. Following the “very encouraging” first week of outdoor trading, Fulham Shore said [...]
Screenshot: Is the Super League the biggest PR disaster of all time? April 23, 2021 This week **Media Moment of the Week: Radio loses a legend **Is the Super League the biggest PR disaster of all time? **Is Netflix’s pandemic party finally over? Media Moment of the Week: Radio loses a legend For many Brits, radio has been a much-needed source of entertainment (and company) during the pandemic. But long [...]
Freedom Friday: How lockdown is being eased across the UK from today April 23, 2021 People can finally get a hair cut in Northern Ireland from today, while those in Wales are looking forward to more freedom this weekend as coronavirus restrictions are eased. Travel between Scotland, England and Wales will be be permitted from Monday and tourist accommodation can welcome back visitors. Here is an overview of the state [...]
Consumer confidence stalls amid fears of new variants and the cost of coronavirus April 23, 2021 Consumer confidence stalled in April, as consumers took a more guarded view of the future amid new Covid variants emerging. The closely-watched consumer confidence index from researcher GfK jumped just one point in April to minus 15, a significantly more subdued movement than March’s seven-point leap. Coronavirus restrictions are slowly easing in the UK, with [...]
Hedge fund Odey takes short position against Deliveroo after disastrous IPO April 22, 2021 Odey Asset Management has taken a short position against Deliveroo after a disastrous start to the delivery firm’s London IPO. Odey fund managers James Hanbury and Jamie Grimston took the bet on Deliveroo’s first day of trading, according to investor documents seen by the Financial Times. Deliveroo made its debut on 31 March with a [...]
Top-end homes in Mayfair and St James’s offloaded at 20 per cent below asking price April 22, 2021 Several prime central London postcodes are seeing homes sell at a considerable discount of up to 20 per cent per square foot, according to new data shared with City A.M. this morning. In many areas there is a notable difference between the expectations of home sellers and the price that buyers are willing to pay, [...]
London Mayoral elections: Whoever wins, scratchy relations with Downing Street must be mended to fight for the capital April 22, 2021 The Covid crisis has laid bare some of the UK’s harshest inequalities, nowhere more starklythan in London. East London boroughs have seen some of the highest death rates in thecountry, and London’s unemployment rate has soared. But other boroughs have some ofthe country’s lowest death rates, and the city that has lost most jobs has [...]
As the City reopens, small businesses reliant on office workers cross their fingers and hope April 21, 2021 As the City reopens, small businesses reliant on office workers cross their fingers
Going underground (again): Tube journeys up 40 per cent as hospitality reopens April 21, 2021 The number of people taking public transport in London surged back to levels not seen since October last week as punters flocked back to pubs, bars, and shops as they reopened. In total, there were about 1.4m Tube journeys made on 16 April, up from around 1m a week before – an increase of 40 [...]
Bitcoin gets seal of approval as Baillie Gifford ploughs $100m into London crypto firm April 21, 2021 One of the UK’s most well-know asset management firms has invested a hundred million dollars into UK-based cryptocurrency company Blockchain.com.