Just Stop Oil’s Square Mile slow walk causes chaos as Bank and Moorgate brought to a halt May 10, 2023 Just Stop Oil protestors caused chaos in the Square Mile this morning with a slow walk through Moorgate and Bank, which was eventually broken up by police. The environmental group forced the closure of roads, prevented buses from getting through and led to police officers issuing a Section 12 order, forcing them onto the pavement. [...]
JD Sports: Why Peter Cowgill’s scandal-stricken exit was only a temporary blip in the brand’s race to the top May 9, 2023 JD Sports has no problem showing rivals how it’s done. This morning the ‘king of trainers’ kicked off its five year growth strategy, with a proposed acquisition of a leading French sports brand Courir, costing the brand a weighty £425m. As share price for JD Sports soared over three per cent this morning, it’s clear [...]
FRC begins hunt for new boss as audit body advertises role with £330k salary (and to be able to work from both London and Birmingham) May 5, 2023 The boss of Britain’s audit regulator, the Financial Reporting Council (FRC) will need “credibility, integrity and capability” to enact “organisation change”; they can also expect to be paid £330k plus benefits for doing so. An advert for the next chief executive of the FRC, which will soon become ARGA confirms previous City A.M . reports [...]
Pound Sterling rises to highest level in almost a year as US dollar set for second straight week of decline May 5, 2023 Sterling rose to its highest level in almost a year, as the dollar was broadly softer against other major currencies on Friday. The pound continues to recover, while the banking sector woes added to talk of U.S. rate cuts later this year, ahead of the much-anticipated monthly U.S. jobs report just after midday (GMT). The dollar [...]
Your Anti-Coronation Guide: unroyal things to do in London this weekend May 4, 2023 Things to do in London this weekend, from neon life drawing to final-chance theatre, bird watching and cool new Soho shopping If you’re wanting to know where to go to watch the Coronation on the big screen, we’ve got you covered. If you’re wanting to know where to go to celebrate the Coronation in the [...]
Derwent: London property investment trust credits ‘busy’ West-End and return to the office for uptake in leases May 4, 2023 Derwent, the London property investment trust, has told investors that London and the West-End is “busy” as a return to offices and shopping signal better times for the capital. In its first quarter trading update, the FTSE 250 real estate firm revealed a 6.6 per cent uptake in the number of leases secured which totalled [...]
Ed Warner: English cricket must accept that The Hundred is dead in the water May 4, 2023 England gave cricket to the world. It followed up with the generous present of T20. The Hundred, though, remains a gift unwrapped and a spurned England and Wales Cricket Board is now scrambling to secure its place in the crowded T20 world market. It’s not too melodramatic to say that the future of first class [...]
Westminster council boss vows to crack down on illicit American candy stores May 3, 2023 The boss of Westminster City Council has called for “greater transparency” about who operates in the city as it looks to crack down on the business owners behind illicit American Candy stores which litter Oxford Street, with the chief urging for more progress from central government to tackle the issue. Cllr Adam Hug told members [...]
Greene King revenues top £2bn as pub chain hopes inflation fears will be drowned out by a boozy Coronation May 2, 2023 Greene King said revenues continued to soar however the chief executive of the group warned that inflation and the cost of living crisis would prove a “tough backdrop” for the hospitality sector. The pub operator, which has over 2,000 sites across the UK, reported a revenue hike of 62.2 per cent for the 52 weeks [...]
The many empty statue plinths in the capital should honour living Londoners May 2, 2023 We shouldn't be tearing down statues, but where plinths are empty we should use them to pay tribute to living Londoners changing the city, writes Daniel Korski.