Hospitality redundancies: How many restaurant and pub jobs have been lost during the pandemic? February 27, 2021 How many restaurant and pub jobs have been lost during the pandemic?
Soho prepares to party, with al fresco dining back on the menu February 24, 2021 Hopes for a restaurant renaissance over the coming months were given a boost today when Westminster City Council announced its hugely successful – some have argued altogether too successful – al fresco dining scheme will return on 12 April. During the two “false openings” last summer and autumn, Soho became a Mecca for millions of [...]
Why science, engineering and business must unite to protect our athletes and the sports we love February 24, 2021 The stadiums were echoing, the stands empty, but when normal life ground to a halt, many professional sportsmen and women played on. The spectacle gave the rest of us a dose of much-needed escapism. Watching from our locked-down homes, it was easy to imagine the athletes on-screen didn’t have a care in the world beyond [...]
London house prices: What £500k gets you in tube zones 1 to 6 February 23, 2021 For London workers, it can be an unsettling dilemma whether to spend more on a house near the office or upsize further out but spend more time and money on tubes. House prices differ considerably, even between adjacent tube stations. The average house price in Knightsbridge will set you back around £1.6m but hop on [...]
FTSE reshuffle: Newcomers Dr Martens and Moonpig battle for promotion February 23, 2021 The FTSE 100 is set for another reshuffle next week as the blue-chip index adapts to the pandemic and makes way for a handful of newcomers. FTSE Russell, which runs the index, will decide who’s up and who’s down according to closing prices on 2 March, with changes effective from 19 March. Despite the pandemic [...]
Sunday Sitdown: Time Out boss Julio Bruno on the ‘renaissance’ of cities February 21, 2021 While no one could have predicted the outbreak of coronavirus, few companies have been blighted by worse timing than Time Out. In the face of shrinking revenue from its core events listings business, the media group has spent recent years shifting its focus to a new offering of food and culture markets. But when the [...]
Sadiq Khan’s Covid business group calls for London-specific support February 18, 2021 The government should already be drawing up a campaign to reassure people it will be safe to get back on London’s High Streets post-Covid and appoint a minister for “reopening the economy”, according to Sadiq Khan and a group of London business leaders. Khan’s London Covid Business Forum – which includes heads of lobby groups [...]
Coronavirus: London suffers ‘heaviest job losses in UK’ during pandemic February 16, 2021 London suffered the largest number of job losses of any UK region during the pandemic last year, as the capital continues to feel the weight of a “geographically unequal crisis”, according to the Institute for Fiscal Studies (IFS). The number of London employees on payrolls dropped 5.5 per cent between February and December last year, [...]
The Week Ahead: Barclays, Natwest, retail sales, public borrowing February 15, 2021 City A.M. takes a look at some of this week’s market-shaping events. Barclays – Full year results (Thursday) The past 12 months have been difficult ones for banks in general, but UK banks have underperformed relative to their peers, Hewson said, with the unknowns of what a final Brexit deal might look like also weighing [...]
One in 63 Londoners had coronavirus last week as capital remains most infected region February 12, 2021 London still has the highest percentage of people testing positive for coronavirus of any region in England, according to latest figures from the Office for National Statistics (ONS). Around 1.6 per cent of Londoners estimated to have been infected in the week to 6 February — equivalent to around 1 in 63 people. It means [...]