Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Pret sales in City of London below pandemic levels November 23, 2021 Pret a Manger’s weekly sales are still down on pre-pandemic levels in the City of London while across the UK office lunch sales have made a full recovery. Sales of sandwiches and coffees from the chain’s Square Mile sites were 13 per cent down on pre-pandemic levels last week. Many City workers are still working [...]
Coffee prices soar as poor harvests hurt supply November 22, 2021 Coffee shops which have benefitted from the return of office workers are being hit hard by poor harvests in Brazil.
Suburban takeover: Pret sets out plans for more than 200 new shops September 22, 2021 Sandwich chain Pret a Manger has announced plans to open more than 200 UK shops in the next two years, as it aims to become more than a “white collar worker’s staple”. The business hopes to double its size within five years, with a £100m net investment by JAB and Pret founder Sinclair Beecham to [...]
Suburban takeover: Pret sets out plans for more than 200 new shops – CityAM : CityAM September 22, 2021 Sandwich chain Pret a Manger has announced plans to open more than 200 UK shops in the next two years, as it aims to become more than a “white collar worker’s staple”. The business hopes to double its size within five years, with a £100m net investment by JAB and Pret founder Sinclair Beecham to [...]
Reshuffle: Dominic Raab pays the price for ‘beach is closed’ holiday in Crete September 15, 2021 Foreign Secretary Dominic Raab has been removed as Foreign Secretary, moving to the Justice Department whilst also being formally appointed as Deputy Prime Minister. His demotion from foreign secretary follows widespread criticism of his handling of the Afghanistan crisis. He was on holiday in Crete as the Taliban swept across the country and was seen [...]
HMRC releases excuses for not paying minimum wage: ‘I only pay them when they are actually serving someone’ August 17, 2021 The taxman has revealed the most absurd excuses it has received from businesses explaining why they are not paying staff the national minimum wage. Some of the excuses included one business owner justifying not paying their staff the national minimum wage due to their workers often being “on standby when there are no customers in [...]
John Lewis and Pret named and shamed for failing to pay minimum wage August 5, 2021 The government has named and shamed some 191 employers, including John Lewis, Pret A Manger and The Body Shop, for paying workers under the national minimum wage. Investigations by Her Majesty’s Revenue and Customs found that employers owed a total of £2.1m to over 34,000 workers who were underpaid between 2011 and 2018. Named employers [...]
Pret A Manger mulls expanding into coffee vending machines in move to diversify July 29, 2021 Pret A Manger is set to expand into coffee vending machines. The sandwich chain is joining the trend, according to the Financial Times, to widen its product offering through automated dispensers as the sector suffers from the drop in commuters and staff shortages. Earlier this month, the company’s application to trademark the name “Pret Express” [...]
Barings coughs up £130m for Capital House in the City July 27, 2021 Real estate investment manager Barings announced they have acquired a Grade A office building in the City of London for £130.5m from a German retail real estate fund. The global company gained Capital House, a 126,000 square foot office, retail, and ancillary space with 55per cent of the building currently being let to the likes [...]
Bow Lane: Party time in EC4 as City celebrates return of office workers June 25, 2021 To celebrate the return of office workers to the Square Mile, the Bow Bells Association organised a street party yesterday in one of the oldest streets in the City, Bow Lane. Opened by the Lord Mayor Alderman William Russell, together with Bow Bells Association chairman James Goolnik, the Bow Bells sounded to start the party, [...]