Watches of Switzerland shares soar as it clocks strong sales during pandemic October 6, 2020 Watches of Switzerland has raised its full-year expectations after the company saw sales jump 20 per cent over the last quarter, sending shares up almost 23 per cent in morning trading. Revenue at the luxury watchmaker beat expectations over the 10 weeks to 25 October, hiking 20.2 per cent year on year to £202.7m. The [...]
Wagamama and Frankie & Benny’s owner TRG sees central London pub and restaurant sales collapse October 6, 2020 Wagamama and Frankie & Benny's owner TRG sees central London pub and restaurant sales collapse
Deliveroo appoints Goldman Sachs to oversee London float October 5, 2020 Deliveroo has appointed Goldman Sachs to oversee its long-awaited London flotation, according to reports, in a move that would value the UK food delivery company at more than £2bn. The Amazon-backed startup is expected to debut on the London stock market next year following discussions with the investment banking firm, Sky News reported. Deliveroo declined [...]
Khan: ‘False dichotomy’ between saving the economy and saving lives October 5, 2020 I want to speak directly to London’s business leaders at this unprecedented time. It doesn’t matter whether you’re a sole trader or a small business owner, whether you work for a start-up or one of London’s biggest employers – this is the most precarious period for business we have ever faced. As your Mayor, I want [...]
O2 Arena to resume live events in December with Squeeze gig October 5, 2020 The O2 Arena has announced plans to resume live events for the first time in eight months in December with a gig headlined by 70s rock group Squeeze. The Cool for Cats rockers will play to socially distanced fans on Saturday 5 December in the first concert at the east London venue since it was [...]
City powerhouses will need to adjust to the “new normal” October 4, 2020 In the past week, London’s leading financial services companies have quickly had to reassess their plans to get employees back to the office. While many industry leaders will have come to a painful realisation that arriving at a “new normal” will be a more iterative process than previously imagined, they should take stock in the [...]
“Mind boggling” crackdown on pavement advertising slammed by City restaurateur October 2, 2020 Soren Jessen, owner and operator of City favourite 1 Lombard Street received a letter from the Corporation barring him from placing more than one pavement sign to prevent overcrowding
The Friday Interview: Dalston’s 40FT brewery thrives over lockdown summer October 2, 2020 City A.M. Deputy Editor Andy Silvester speaks to Steve Ryan – one of four beer-lovers who founded 40FT Brewery in Dalston and have guided the east London favourite through a tough summer Surrounded by shipping containers in Dalston, Steve Ryan tells me that he had an early warning of Britain’s coming lockdown back in March. [...]
Lockdown restrictions tightened in Liverpool as coronavirus cases rise October 1, 2020 The government has extended lockdown restrictions in Liverpool, just days after sweeping new rules were imposed in the North East. In a statement to the House of Commons, health secretary Matt Hancock announced restrictions would be extended to the Liverpool city region, Warrington, Hartlepool and Middlesborough. Hancock said people could no longer mix with other [...]
Coffee expert Martin Hudak spills the beans on the future of caffeinated liqueurs October 1, 2020 This week saw International Coffee Day – a celebration of all things caffeinated. We sat down with Martin Hudak, a global coffee expert and ambassador for coffee experts Mr Black Roasters and Distillers. Martin started his career in London at the American Bar at the Savoy, and hasn’t looked back. Tell us about you and [...]