EU immigration proposals bad for London, says mayoral candidate Rory Stewart February 19, 2020 The government’s newly released EU immigration proposals have been rubbished by Rory Stewart, with the mayoral candidate claiming he would fight them if elected. Home secretary Priti Patel launched the new immigration plan today, saying the government wanted “economically inactive” Britons to take the place of low-skilled foreigners. As a part of the new points-based [...]
UK inflation rate jumps to 1.8 per cent in January February 19, 2020 UK inflation rose to a six-month high of 1.8 per cent in January, a significant increase from December’s rate of 1.3 per cent, according to official data released today. The rate remains below the Bank of England’s (BoE) target of two per cent. The bump comes as a surprise to analysts, who had forecast the [...]
Working Lunch: Jason Atherton’s Grosvenor Square restaurant The Betterment February 17, 2020 The best places in London to wine and dine your important clients. What is it? The Betterment is not, as the name suggests, an austere Swiss wellness centre, nor is it a cool new cult you can join. It is in fact the latest restaurant by Jason Atherton, who appears to have run out of [...]
The best luxury resorts in the Alps – where to stay and where to ski February 17, 2020 Tap your ski pass, perch on our comfortable chairlift and let City A.M. take you for a tour of the Alps’ best new (or newish) hotels. We’ve had the enviable task of spending the early part of this winter season reviewing the peaks of high-end hospitality and the black runs of flashy facilities; a blizzard [...]
New £27m aparthotel planned for Aldgate February 13, 2020 A new £27m 12-storey aparthotel development in Aldgate has been given the go-ahead, in the latest sign of confidence in London’s hotel market. US asset manager Oaktree Capital Management has backed the development, which will be a new Locke hotel operated by Edyn Group. The 103-unit venue in Buckle Street, near Aldgate East station and [...]
Restaurants and pubs boost sales during Dry January February 13, 2020 Restaurants and pubs had a strong start to the year despite sluggish growth in London, as they catered for vegan diets and Dry January, according to the latest research. The UK’s managed pub, bar and restaurant sector reported sales growth of 1.9 per cent in January compared to the same month last year, as relatively [...]
Weekly Grill: Barboun’s Fez Ozalgan on vomiting chicken hearts and cooking steak February 10, 2020 Who are you and what do you do? My name is Fez Ozalgan. I’m the head chef of Barboun on Great Eastern Street in Shoreditch. Tell us about Barboun It’s an Eastern Mediterranean grill restaurant, specialising in dishes cooked over open fire. The menu features a lot of fish and vegetables but, in my opinion, a [...]
Hostel chain Safestay reports strong start to 2020 February 3, 2020 Boutique hostel brand Safestay said it had “momentum” going into this year after sales surged in 2019 following its portfolio expansion. Total revenue increased 25 per cent to £18.3m last year as the hostel chain opened eight new venues, taking its total portfolio to 21 sites and more than 5,100 beds. Like-for-like revenue was up [...]
Dominic Cummings sets up ‘spy network’ in bid to stop leaks February 3, 2020 Boris Johnson’s top adviser has set up a network of informants in plush Westminster restaurants in an audacious bid to stop ministerial aides from leaking to journalists. Dominic Cummings told special advisers on Friday that they must cough up half the bill if they go out for lunch, dinner or drinks with members of the [...]
Outernet: Is London’s new media complex the future of urban entertainment? February 3, 2020 Trying to find a definition for Outernet can sometimes feel like explaining Tiktok to a grandparent. Once completed, the 34,000 square feet (sq ft) site — sat squarely on the corner of Oxford Street and Charing Cross Road — will boast the world’s largest deployment of LED screens, as well as shops, restaurants, offices, a [...]