Deliveroo stumbles to London float with pricing at bottom end March 30, 2021 Deliveroo will price its initial public offering at 390p per share, the bottom end of previously touted valuations for the food delivery firm. The price would indicate a lower-than-expected valuation of £7.6bn, after a string of UK fund managers said they would not take part in the deal. The fund managers cited concerns about Deliveroo’s [...]
Post-Brexit: City investors look beyond Europe as bounce back optimism grows March 30, 2021 Investors searching for stronger returns post-Brexit are increasingly zooming in on the Far East, with Japan and China currently being the most attractive markets for UK investors. According to new data that City-based bank and brokerage firm Charles Schwab shared with City A.M. this morning, around 68 per cent of investors in a recent survey [...]
Picnic in style with our top restaurant-in-a-box delivery kits March 29, 2021 As the weather turns and outdoor meet-ups for two groups of up to six people are finally allowed, there’s a bit of optimism in the air. What better way to celebrate than with a Covid-friendly, appropriately-distanced, outdoor feast? Our Life&Style editor Steve Dinneen continues to eat his way through as many home delivery boxes as [...]
MasterChef: The Professionals winner Alex Webb’s top 5 London restaurants March 29, 2021 With restaurant terraces set to reopen from 12 April and socially distanced indoor dining following on 17 May, Londoners will be clamouring to enjoy eating out once again. So who better to recommend some of the best fine dining spots the capital has to offer than current MasterChef: The Professionals champion Alex Webb, who at [...]
Boris Johnson: England lockdown lifting still on track March 27, 2021 Prime Minister Boris Johnson today said England’s plan for easing coronavirus lockdown measures was still on course, despite worries about a third wave of the virus sweeping Europe. The prime minister said he was looking forward to getting a haircut and enjoying a pint of beer in a pub garden following the next stage of [...]
Corona Impact Series: How an immersive Hackney entertainer blurs pandemic boundaries March 25, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. This week: How an immersive entertainment agency in Hackney was forced to switch from physical to virtual overnight, without losing any of the power of the experiences. “As Covid hit and the [...]
Coke UK CEO: Our sugar-free variants are thriving – but the full-fat Coca-Cola is safe March 24, 2021 Earlier this month, thanks to the strange vagaries of the internet, a years-old video emerged of the now-Chancellor Rishi Sunak expressing an opinion that – at the highest levels of a Government hell-bent on public health warnings – now seems almost scandalous. “I’m a total Coke addict,” he tells two schoolchildren. “A Coca-Cola addict.” The [...]
Covid-19, a year on: What small businesses have learnt March 24, 2021 In this series, City A.M. looks back at the last year of the pandemic and Covid restrictions and takes stock of its impact on industries and issues at the heart of British society. Read more: Read the full Covid-19, a year on series here. Some you win, and some you learn. Small businesses have certainly been “learning” [...]
My dream London day: Chef Shaun Rankin on the joys of Mayfair March 23, 2021 For the first in a new series of articles looking forward to London reopening, we spoke to one of the countruy’s top chefs about how he plans to spend his dream day mosying around the maze-like streets of Mayfair. ••• For my dream day, I would head straight to Mayfair, where I cut my teeth [...]
London records two Covid deaths in lowest daily jump since September March 22, 2021 London recorded two Covid deaths in the past 24 hours, signalling the lowest daily fatality count since the beginning of September. It marks the eleventh day in a row that the capital has reported single-digit coronavirus deaths, hailing a dramatic drop from a record 204 coronavirus-related fatalities reported in London on 19 January. The figure [...]