Crossrail latest: Here’s a look at how the new Paddington Elizabeth Line station is shaping up November 28, 2017 Work on the £14.8bn Crossrail project is drawing nearer to completion, while the 10 stations being built in central London for the Elizabeth Line are nearly finished. And today, Crossrail has unveiled new pictures of how the Paddington Elizabeth Line station is shaping up, which features the installation of one of the capital’s largest ever [...]
Battle of the sarnies: From Tesco to Benugo, which Christmas sandwich will come top of our list this year, and which one was literally inedible? November 15, 2017 We set off into the City to gather festive sandwiches from supermarkets and fast food chains far and wide to see which of them is worthy of Santa himself, and which were a nightmare before Christmas. Eat Turkey and cranberry sandwich ★★★☆☆ Tastes alright, but nothing to write to Santa about. Solid fillings, pleasantly sweet [...]
Fears of a nightmare before Christmas for UK retailers as footfall and spending dip November 13, 2017 Retail analysts fear a nightmare before Christmas for British shops as figures published today show weakness ahead of the crucial holiday spending spree. Footfall in UK retailers fell by two per cent year-on-year in October, according to figures from the British Retail Consortium (BRC) and Springboard. The decline in the number of shop visits was [...]
Marks and Spencer turnaround: Retail veteran Steve Rowe must make M&S tills jingle all the way during Christmas period November 9, 2017 Marks and Spencer started this week on a cheery note with the launch of its Christmas advert – but the festive feel didn’t last long for the high-street stalwart. The new advert sent Twitter into a tizzy on Tuesday with some viewers convinced that one of the characters was mouthing a swear word in a [...]
Marks and Spencer (LON:MKS) share price: Steve Rowe promises to “make M&S special again” as sales and profits slide while CFO Helen Weir steps down November 8, 2017 Marks and Spencer Group’s profits fell in the first half, as the retailer faced additional headwinds in its food business and continued the struggle to boost clothing sales. The group also confirmed reports that its chief financial officer, Helen Weir, will leave the company in due course. Shares in the company rose 3.5 per cent [...]
Hiver beers founder Hannah Rhodes is turning bees to money October 23, 2017 Even the most hardened City hack might consider turning down the offer of a drink at 11am. But for you, City A.M. readers, this reporter went the extra mile. The Bermondsey Beer Mile, that is. I’m here to meet Hannah Rhodes, founder of Hiver beers. Following a decade in the drinks industry, including a spell [...]
What happens to the markets if America goes to war? August 31, 2017 The stock market hates uncertainty, and there is plenty of uncertainty with respect to the tensions over the latest round of North Korean missile tests. This post, originally published 13 September 2013, focused on the violence in the Middle East, specifically Syria, and the potential that the United States could enter the conflict and [...]
Focus On Brixton: David Bowie, buzzing nightlife and honest burgers keep average house prices at around £550,000 July 27, 2017 In many ways, Brixton is the capital of south London. With its excellent transport links into central London and exhaustive range of shopping, dining and nightlife options, if you didn’t have to work, you probably wouldn’t need to leave. It even has its own currency. Over 250 businesses accept the Brixton Pound and around £50,000 [...]
The UK’s 12 most shorted stocks revealed: Carillion tops the list, with several household names filling in the ranks July 25, 2017 It's not a list which many corporates would be happy to top, but Canaccord Genuity Wealth Management has today released a ranking of the 12 most shorted stocks in the UK. Construction company Carillion topped the list, with 27.2 per cent of its equity having been shorted. High street names such as Debenhams, Marks and [...]
FTSE 100 history: how the index has changed over 33 years July 3, 2017 The FTSE 100 index has just seen one of its quarterly changes with security firm G4S and real estate investment trust Segro promoted to the top 100. Although perhaps small in themselves, these regular events have changed the face of the UK’s leading index since it was formed in 1984. For the many investors whose [...]