The City View podcast, from City A.M., with Stephen Jones – CEO of UK Finance May 8, 2020 Listen to our daily City View podcast as we chart the economic fallout and business impact of the coronavirus pandemic. In this episode, Christian is joined by Stephen Jones, CEO of banking industry group UK Finance, which is at the heart of the Coronavirus Business Interruption Loan Scheme (CBILS). Subscribe to The City View Podcast: [...]
Exit strategy: How and when Boris Johnson will end the UK lockdown May 7, 2020 The Prime Minister is set to reveal a “roadmap” to end UK lockdown measures on Sunday, but what does the exit strategy look like, and when will measures be eased? Last week, Boris Johnson said the UK had “passed the peak” and today chairs a Cabinet meeting that will focus on what restrictions can be [...]
FTSE 100 and US stocks rise despite more dire economic warnings May 7, 2020 US stocks have joined the FTSE 100 in positive territory as investors bet on a relatively speedy economic recovery from coronavirus despite yet more dire economic predictions. London’s blue-chip FTSE 100 index was up 1.4 per cent at 5,933 points in afternoon trading. This was despite the Bank of England warning of the worst slump [...]
The City View podcast, from City A.M., with Andy Clarke, former CEO of Asda May 7, 2020 In this episode Christian is joined by Asda’s former CEO, Andy Clarke, now chairman of AI-powered retail system Spoon Guru. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Andy reflects on the way in which the supermarket and grocery sector responded in the early stages of the pandemic, with panic [...]
UK lockdown: Shoppers spend more on booze, beauty and crafts May 7, 2020 Brits have been splashing out on tequila, crafts and their beauty and exercise regimes during the UK lockdown, according to the latest data on consumer spending. The data from John Lewis showed that sales of skincare products jumped 183 per cent and facial masks are hair treatments soared 187 per cent during the UK coronavirus [...]
The City View podcast, from City A.M., with Adam Smith Institute director Eamonn Butler May 6, 2020 In this episode Christian is joined by economist Eamonn Butler, co-founder and director of the Adam Smith Institute. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Butler is an advocate of easing the lockdown and warns that the economic impact of the current restrictions will get worse (and harder to [...]
Michael Spencer: Government must find way to ease ‘agonising’ UK lockdown May 5, 2020 Billionaire financier Michael Spencer has urged the government to “be brave” in its approach to easing the UK lockdown, warning the “agonising” effects of the economic shutdown risk causing lasting damage to British businesses. Spencer said that the longer the economy is “left in its paralysed state the greater the damage that accumulates”. He added: [...]
The City View podcast, from City A.M., with Michael Spencer May 4, 2020 In this episode Christian is joined by billionaire financier and City grandee Michael Spencer. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Spencer urges the government to “be brave” in easing the UK out of lockdown – a state of affairs he described as “agonising”. He warns of lasting damage [...]
The City View podcast, from City A.M., with Priya Lakhani OBE May 4, 2020 In this episode, Christian is joined by Priya Lakhani, founder and CEO of Century – an AI-powered education platform. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Priya, who served as a business adviser to the coalition government, gives a candid and forthright assessment of the government’s support packages for businesses. [...]
Robot waiters, half the tables, and crossed fingers: How restaurants will reopen after UK lockdown ends May 2, 2020 Robot waiters, staff in masks and two metres between each table. This is what dining out could look like when the UK coronavirus lockdown is eased. At least, for the restaurants that manage to survive. Official government guidance on reopening has been limited so far. However, that could change soon as the Prime Minister said [...]