Euro 2016: Where to watch the UEFA European Championships in London with a touch of glamour June 13, 2016 Many football fans are content with heading to their nearest boozer to watch the latest Euro 2016 action, but some City folk might want a venue that’s a bit more flash. Whether you're a City fund manager or a Canary Wharf banker, be sure to watch the beautiful game with a touch of glamour. Steam & Rye Minutes [...]
Before the bell: What you need to know before the US market open June 13, 2016 China's decelerating economy is causing fresh concern across international markets and the International Monetary Fund isn't helping. Here's what you need to know before the US market opens at 14:30 London time. The US market is pointing heavily south ahead of the open. The S&P 500 is down by 0.31 per cent in the pre-market. The Nasdaq [...]
City Moves for 10 June 2016 | Who’s switching jobs June 10, 2016 Whistl Whistl, the second largest postal company in the UK, has announced the completion of the management team for its packets and parcels offer with the appointment of Steve Vass as development director. He will continue the development of Whistl’s carrier management interface, its relationships with carriers and advising on the most appropriate solution and [...]
As Amazon Fresh launches in London, does it pose a real threat to UK supermarkets? June 10, 2016 Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, says Yes. The last thing that the traditional British supermarkets want is another challenge to their model – they’re still busy fending off the shock of Aldi and Lidl’s sharp pricing model. Online grocery sales are growing well ahead of the overall market, so it’s [...]
At the close: FTSE falls as miners give up gains June 9, 2016 The FTSE 100 lost ground today as miners slumped. A fall in the oil price, as well as disappointing numbers out of China, meant the blue-chip index snapped its four-day winning streak. The FTSE finished at 6,231.89, down by 1.1 per cent. The FTSE 100 had risen in its previous four sessions. US stocks also dragged as investors worried [...]
Map: Here are the areas where you can now order Amazon Fresh food and groceries in the UK June 9, 2016 Amazon Fresh is finally here. Now you can turn to the online retailer not just for books, clothes, the latest tech, and a million other things, but for fresh food too. That means fresh fruit, meat, seafood, veg, dairy and baked goods, and more, just like any other supermarket's home delivery service, along with other store cupboard goods [...]
Before the bell: What you need to know before the US market open June 9, 2016 South Korea has unexpectedly cut its interest rates, while New Zealand's central bank remains on hold. In China consumer prices rose less than expected, muting economist hopes that the economy is stabilising earlier in the week. Here's what you need to know before the US markets open at 2:30pm London time. US futures are pointing downwards. The S&P is [...]
Auto Trader grows sales, earnings and profit in first year as a listed company June 9, 2016 Online car selling service Auto Trader grew sales and profit in its first year as a publicly listed company The figures Revenue increased by 10 per cent to £281.6m in the 2016 financial year, up from £255.9m in 2015. Operating profit increased by 27 per cent to £169.6m, from £133.1m, and earnings per share grew [...]
Amazon rolls out fresh food service for paying, east London members June 9, 2016 US online retailer Amazon has today launched its fresh food delivery service in central and east London. The service is further restricted to Amazon’s Prime members, who pay a £79 per year fee for various TV and music streaming services and free delivery on certain items. Amazon, after taking significant market share from many of [...]
Food billionaire Ranjit Boparan set to buy Tesco’s Giraffe restaurants June 8, 2016 Ranjit Boparan, owner of Harry Ramsden's restaurants, is set to buy Giraffe from Tesco. Sky News reports the food tycoon's private investment vehicle Boparan Ventures, which also owns London-based chain Fishworks, is snapping up the restaurant chain for a "modest sum". Boparan, whose known to be worth £1.35bn, is the founder of Britain's biggest chicken supplier 2 Sisters Food Group. Read [...]