Snakes and Ladders: Who is moving jobs in the City this week? November 25, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. This week, [...]
Think short-term for lockdown but not for investing November 25, 2020 The UK’s second lockdown means everyone’s winter plans have been torn up and thrown away. Even seemingly modest weekend activities – going to a museum, meeting a friend for lunch – are now off the table. As many of us learnt during the first lockdown, the trick is to focus on what is possible in [...]
Khan: Nothing to help London in any meaningful way in spending review November 25, 2020 London mayor Sadiq Khan has given a damning verdict on the chancellor's spending review, saying there was nothing in it to would help London
MPs amp up pressure to avoid placing London in Tier 3 when lockdown lifts November 25, 2020 The Prime Minister is facing mounting pressure from his own party to avoid placing London in Tier 3 when England’s lockdown lifts, over fears tough restrictions could cripple businesses in the capital. Reports of government plans to place London in the highest level of restrictions under the new tier system, set to be announced tomorrow, [...]
Franco Manca owner The Fulham Shore to open new sites in vote of confidence for London’s restaurant sector November 25, 2020 Franco Manca owner The Fulham Shore is opening new London restaurants in a vote of confidence in the capital’s hospitality sector despite the impact of the coronavirus pandemic. The company said today that it launched a Franco Manca restaurant in Waterloo in September that had traded well before the most recent lockdown, despite lower than [...]
Spending review live: Sunak pledges cash for city centres and transport but aid and public sector pay cut November 25, 2020 Spending review live: Sunak pledges cash for city centres and transport but aid and public sector pay cut
UK capital raising hits decade-high amid coronavirus crisis November 25, 2020 The coronavirus pandemic has driven UK companies to raise the most money on public markets in a decade, with firms scrambling for cash returning to traditional fundraising methods, analysis shared exclusively with City A.M. has shown. Listed companies have raised more than £26bn this year from London Stock Exchange’s (LSE) main and AIM markets, analysis [...]
The government is ignoring Covid science and hospitality is paying the price, says D&D boss November 24, 2020 Des Gunewardena is Chairman and CEO of D&D London, the restaurant group behind brands including Bluebird, Angler, 14 Hills and Coq d’Argent. Here he lays out where the government has failed the hospitality sector and gives a plan for how it could still salvage something from the most important month of the year. So we’ve finally [...]
Love rats: London’s rodent population booms as lockdown silences urban areas November 24, 2020 Quietened urban areas as a result of coronavirus restrictions have helped the population of rats boom by 30 million in one year
Leadenhall Market tenants offered turnover-based rents to see them through Covid-19 November 24, 2020 The City of London Corporation has offered Leadenhall Market tenants the option to switch to turnover-based rents amid a surge of closures in the UK retail and hospitality sectors.