Last orders pushed back as government slashes nightlife red tape April 4, 2025 The UK government is set to overhaul licensing laws to give pubs, clubs, and restaurants greater freedom to operate, aiming to revive the country’s nightlife economy and remove barriers to business growth. Key changes, which were announced by the Treasury on Thursday, include a landmark pilot in London granting Sadiq Khan new powers to review [...]
London needs more office space to remain Europe’s HQ April 4, 2025 Offices are integral to London’s offer as a global city, but cost pressures and green regulations are strangling the development pipeline, says Paul Williams We all want the UK to succeed, we all want communities across the UK to thrive – and growth in London is essential for the UK as a whole to prosper. [...]
The Hunger Games on stage: ‘The appetite for something new is really high’ April 3, 2025 This October, a new 1,200-seat theatre in London will welcome the world’s first stage production of The Hunger Games – based on the hugely popular book and film series of the same name. It’s an ambitious production from an ambitious company: the stage is purpose built, the creative team is world class, and it’s happening, [...]
Tallest UK skyscraper outside London to be approved April 3, 2025 Plans to build the tallest skyscraper in the UK outside of London have been recommended for approval. Developer Salboy, which was co-founded by Betfred billionaire Fred Done, is behind the proposals which would see a 76-storey building constructed in Manchester city centre. The £360m project, known as Viadux 2, has been earmarked for land between [...]
Pizza Express orders up £55m in extra dough April 3, 2025 Pizza Express has secured a boost worth £55m after agreeing a refinancing deal which will significantly cut its debt. The restaurant chain has negotiated a £55m par debt paydown which will see its debt position reduced to £280m. As part of the deal, shareholders including Bain Capital Special Situations will inject £20m equity into the [...]
Japanese Whisky: A celebration of Japan’s culture April 3, 2025 Whisky Business: City AM’s monthly look at the world of whisky. April 1st marked Japanese Whisky Day, the annual event designed to celebrate and showcase Japanese whisky. While the drink has gained recognition in recent years, it’s still fighting for a place on the shelf alongside Scotch, Irish and Bourbon. It might come as a surprise, [...]
Russians eye up London mansions – but what might they come back to? April 2, 2025 The UK government is sitting on around £1.1bn of sanctioned London housing stock from Russians accused of corruption or Kremlin links. Many Russians have withdrawn from new purchases in the capital due to the difficulty of getting a mortgage. There are still Russians who own property, and live, in London, but – and this is [...]
Harvey Nichols: Losses near £100m at luxury department store chain as sales fall April 1, 2025 Harvey Nichols has now lost almost £100m since it last made a pre-tax profit, it has been revealed, after being hit by the cost-of-living crisis and high inflation during its latest financial year. Delayed accounts for the iconic retailer, which was founded in 1831, have revealed its pre-tax loss went from £21.2m to £35.3m in [...]
Rachel Reeves’ tax hikes will cost me £1m – Hooch tycoon March 31, 2025 The founder of the alcoholic drinks empire behind the likes of Hooch and VK has warned the tax hikes announced by Rachel Reeves will cost him an extra £1m. Steve Perez, the boss of Derbyshire-headquartered Global Brands, added that the Chancellor has “stacked the odds” against businesses like his and that he has “no choice” [...]
Discover the Best of Hong Kong: From breathtaking landscapes to unforgettable city experiences March 27, 2025 This content was paid for by Hong Kong Tourism Board, and produced in partnership with the City AM Commercial department. Hong Kong is a city of contrasts, where towering skyscrapers meet lush green mountains, and vibrant markets sit alongside Michelin-starred restaurants. Whether you’re an outdoor enthusiast, a culture seeker, or a foodie, Hong Kong offers an [...]