City Moves: Who’s switching jobs in the Square Mile? March 23, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Capital Group Capital Group has hired a head of product development for Europe and Asia, a newly created role for the investment firm. Based in London, Kat Ferris joins from Morgan Stanley Investment Management, where she was head of international product for four years. [...]
UK firms welcome Ukranian refugees with offer of 10,000 jobs March 13, 2022 British businesses including Marks & Spencer are calling on government to welcome Ukranian refugees fleeing war in Russia.
Animal Kingdom at Hampstead Theatre is theatre as therapy March 8, 2022 The intimate Hampstead Downstairs is just the setting for the emerging playwright to display their wares – all the more so when the work in question introduces its audience to the very private, innermost space of a family therapy session. From the other side of an imaginary two-way mirror, the audience observes an exposed, unadorned [...]
Amazon makes major U-turn by shutting all book stores and physical shops in UK March 6, 2022 E-commerce giant Amazon has said it is planning to shut all of its book stores as well as its other brick-and-mortar shops and pop-up stores in the UK and US. The shock announcement to close down all 68 book stores, as well as shops that offer toys and home goods in Britain and the US, [...]
Discount retailers benefit from cost of living crunch as shoppers head to Aldi and Lidl March 1, 2022 Grocery price inflation hit a new high of 4.3 per cent last month, with budget supermarkets luring shoppers in as the cost of living intensifies. Fresh data from Kantar reveals the fastest rate of inflation since September 2013, with the exception of the start of the pandemic when households panic bought essentials. Aldi and Lidl [...]
McColl’s share price tumbles over 50 per cent amid insolvency fears February 28, 2022 Convenience store chain McColl's has seen shares slide 54 per cent after it confirmed it is seeking a capital injection to stave off collapse.
Convenience chain McColl’s battles administration fears February 26, 2022 Convenience store chain McColl’s Retail Group is gearing up to find a buyer as the struggling company nears collapse. As first reported by Mark Kleinman for Sky News, the group have called in advisers to help find a bidder, and are exploring third party options, who may be willing to invest further capital. McColl’s trades from [...]
UK and Australia sign new defence and security agreement February 16, 2022 The UK and Australia have signed a new defence, security and trade agreement as a part of the government’s efforts to strengthen its foothold in the Indo-Pacific. Boris Johnson and Scott Morrison spoke at 8.30pm this evening to formalise the pact, which will see the UK agree to spend £25m for “regional projects [in the [...]
Pinsent Masons cuts desk space in Edinburgh after moving to new offices February 15, 2022 Pinsent Mason’s has cut the number of desks available to staff in its Edinburgh offices, after moving in to new premises, in a bid to free up space and adapt to the future of hybrid working. The London headquartered law firm is set to cut its desk space by 20 per cent, in seeking to [...]
Morrisons’ owners look to ease fears of a shift away from traditional business model February 13, 2022 The private equity owners of Morrisons have looked to ease investors’ fears that they would renege on commitments to the firm’s traditional business model, as they face a mounting interest bill from loans.