Big brands doing big deals show the UK sports sponsorship industry remains in rude health January 14, 2019 January is typically the time to look forward, to forecast and predict what will happen in the coming year. To understand the state of the UK sponsorship industry, however, it’s more worthwhile to look at what happened in the months leading up to Christmas. Rewind to the week after Black Friday in December and big [...]
Fears over business rates mount as Britain’s major retailers prepare to form action group January 13, 2019 Some of Britain’s biggest retailers are coming together in an urgent bid to seek business rates relief from the government, City A.M. has learned. Around 50 major high street names are joining a mass lobbying effort to curb forthcoming rises in their property tax, as profits plunge in the face of falling sales and online [...]
Heathrow unveils plans for extra 25,000 flights a year in new consultation for expansion January 8, 2019 Heathrow Airport has outlined plans to add up to 25,000 flights a year to its schedule before its controversial third runway is built. A consultation into expansion, released today, unveils plans that would enable the airport to use not just the arrivals runway for landings, but also the departures runway to boost capacity. The proposal refers [...]
Eli Lilly buys cancer drug specialist Loxo Oncology for $8bn January 7, 2019 Pharmaceuticals giant Eli Lilly has bought Loxo Oncology for $8bn (£6.27bn), marking the second multibillion dollar US drug merger since the start of the new year. In a sign of the fast-growing market for cancer drugs, Eli Lilly said this afternoon that it has acquired Loxo as it looks to bolster its treatment portfolio. Today’s [...]
Portland Stone became the building block of London, but does it have a place in modern British architecture? January 7, 2019 There are certain things you stop noticing after a few years in London. The first thing is how busy it is; crowds become the norm. The abominable air quality only becomes apparent when you leave. Another thing is Portland Stone. Chances are, you don’t even know you’re looking at it, but there aren’t many streets [...]
Commodity 2019 outlook: Will global growth slowdown force more OPEC production cuts? January 7, 2019 Oil prices steadily climbed during 2018 as the Organisation of the Petroleum Exporting Countries’ (OPEC) agreed production cuts helped stem the global oversupply. The US withdrawal from the Iran nuclear deal saw Washington place new sanctions on the OPEC member, and crude surged to four-year highs on expectations of a significant reduction to the global [...]
Desert X is Coachella’s lesser known contemporary art festival and it’s drawing 200,000 art lovers to the area January 4, 2019 The locals were… curious. For the past few weeks, as they’d gone about their business around the nine cities that make up Greater Palm Springs, or hiking in the San Jacinto and Santa Rosa mountains, strange things were afoot. A deep hole was being dug into the desert floor close to the small resort town [...]
Cars, lorries and taxis to be banned from Tottenham Court Road as part of £35m revamp January 4, 2019 Cars, lorries and taxis will be banned from Tottenham Court Road as part of a £35m project to improve the West End. The road will be open to buses and bikes only between 8am and 7pm, Monday to Saturday, in a bid to reduce congestion and air pollution and speed up bus routes. The changes, [...]
Brexit in 2019: The only certainty is uncertainty January 4, 2019 Predicting what will happen in the world of politics is a notoriously difficult task at the best of times, but in the current all-bets-are-off climate, surely only a fool would give it a go. City A.M.’s Owen Bennett is that fool, and here are his tips for what to look out for. Brexit May's Brexit [...]
The films, theatre and art shows to see in 2019, from Toy Story 4 and Avengers: Endgame to Van Gogh & Britain and Tom Hiddleston in Betrayal January 3, 2019 Toy Story 4; Dir: Josh Cooley; June Despite Disney’s emphatic assurances that we’d seen the last of Buzz and Woody, here comes Toy Story 4, an inevitable sequel to the classic animated trilogy about a bunch of dolls who occasionally come to life to torment deserving humans. Most of the original cast has been lured back [...]