Going to party like it’s 1919: Time to celebrate the centenary of some of the UK’s most important companies August 21, 2019 This coming Sunday marks the centenary of an important anniversary. On 25 August 1919, the world’s first daily international scheduled flight took place. There was only one passenger on board the flight between London and Paris, along with cargo which included newspapers, Devonshire cream, jam, and grouse. The carrier was Aircraft Transport and Travel Limited, [...]
Food for thought: Restaurant numbers drop as Chinese, Indian and Italian cuisines struggle August 19, 2019 Chinese, Indian and Italian cuisine might be the staple of many Saturday night takeaways, but new evidence suggests that the beloved British favourites are bearing the brunt of a slowdown in the casual dining sector. Read more: Revealed: These 10 London restaurants have the best mobile reception An average of 18 restaurants have shut per [...]
City Moves for 15 August – Who’s switching jobs at Moss Bross, Mullenlowe Group and Quinn Emanuel? August 15, 2019 Today’s City Moves includes Moss Bross, Mullenlowe Group and Quinn Emanuel. Moss Bros Men’s tailoring giant Moss Bros has appointed Avis Darzins (pictured) as a non-executive director, effective 1 September 2019. Moss Bros has announced also that Maurice Helfgott, in line with good corporate governance following nine years’ service, will no longer be senior independent [...]
City watchdog failing to protect consumers from high-risk investment firms August 14, 2019 Another day another investment scheme collapse. This time it is mini-bond firm Asset Life. News broke today that the company had crashed into administration last month owing more than 500 investors £8m. Asset Life had close links with fellow mini-bond firm London Capital & Finance (LCF), which went bust in December owing 11,600 investors £236m. [...]
UK train fares set for another substantial rise as inflation climbs August 14, 2019 UK train fares are set for another substantial rise in January 2020 after the inflation gauge they are based on climbed by a yearly rate of 2.8 per cent in July, according to official figures released today. Read more: UK wage growth hits 11-year high in first quarter despite shrinking economy Each January, train fares [...]
Rail fares have risen twice as fast as wages over past decade, says union August 14, 2019 Rail fares have risen twice as fast as wages in the past decade, new analysis by the TUC trade union has found. The figures show that rail fares, which are pegged to the Retail Price Index (RPI) inflation measure, have risen by 46 per cent since 2009, while nominal weekly earnings have only grown by [...]
City Moves for 14 August – Who’s switching jobs at N26, Ferrexpo and Avonhurst? August 14, 2019 Today’s City Moves includes N26, Ferrexpo and Avonhurst. N26 N26 has appointed Thomas Grosse as chief banking officer. The newly introduced role is another step towards realising N26’s ambition to be the first truly global and fully digital retail bank. Thomas will oversee the set-up of regulated N26 banks and bank partnerships within the N26 [...]
Back of the net: Watches of Switzerland hails demand for sport products as sales tick up August 13, 2019 The return of the Premier League season has put a smile on many faces, but none more so than Watches of Switzerland, the UK’s biggest seller of Rolex watches. The newly-listed luxury retailer, which reported a double-digit rise in revenue this morning, has hailed an increased appetite for sport watches for its recent sales growth. [...]
Hot weather helps pubs and restaurants post modest monthly sales growth August 12, 2019 British pubs and restaurant groups enjoyed increased sales in July, as eateries showed signs of recovering from poor trading last summer. Restaurant groups posted a 3.8 per cent increase in like-for-like sales compared to last July, when hot weather and the football World Cup took their toll on business. Read more: Restaurants eat into retailers’ [...]
Revealed: These 10 London restaurants have the best mobile signal August 8, 2019 London boasts a thriving restaurant scene, and diners in the capital have a plethora of hotspots to choose from based on cuisine, location and price. But as we become more and more reliant on our devices, it seems mobile connectivity has also become a key factor in where Londoners decide to eat. Read more: Restaurants [...]