Arise Sir Tim Martin as Wetherspoon boss knighted in New Year honours December 30, 2023 Outspoken Wetherspoon founder and boss Tim Martin has been knighted in the New Year honours. The businessman, who was a vocal Brexit supporter during the 2016 referendum campaign, has been recognised for his services to hospitality and culture. He said the news of the knighthood came as a surprise. “It had never been expected, so it came out [...]
The Square Mile and Me: James Ashton on Occupy London, the City’s history, and Balfour’s oysters March 16, 2023 Each week we ask the City’s great and good to delve down memory lane. This week, it’s James Ashton, the chief executive of the Quoted Companies Alliance, representing small- and mid-cap listed firms, and a former newspaper journalist What was your first job in the City? I wrote about advertising and media for Reuters, based [...]
Pressure mounts on Sunak over planned six per cent rise in corporation tax February 20, 2023 Prime minister Rishi Sunak is facing down the prospect of a rebellion over next month’s budget as renewed pressure mounts over a planned increase in corporation tax increase. Seven top Tory backbenchers and business owners including Wetherspoons boss Tim Martin have urged Sunak and chancellor Jeremy Hunt to scrap the planned six per cent rise. [...]
A Russian billionaire, the Dyson family, Gym Shark founder and Sting are among 100 of the richest Brits who paid nearly £5.2bn in tax during 2022 January 27, 2023 A Moscow-born billionaire is the UK’s top tax payer, paying more than £487m in just 12 months, according to the Sunday Times’ annual tax list. Alex Gerko, boosted the Treasury’s coffers by more than £1.3m a day or £55,639 an hour during 2023. Gerko, who became a British citizen and renounced his Russian citizenship late last [...]
Calls for Boris Johnson to resign grow louder as Downing Street gears up to sacrifice key staffers January 16, 2022 The Prime Minister is reportedly preparing to oust members of his inner circle over the partygate affair as another Conservative MP called for him to resign. Boris Johnson is devising a policy announcement blitz and a cull of his top team as he looks to survive the publication of senior civil servant Sue Gray’s report [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 9, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Chairman trades The Restaurant Group for the FA The Restaurant Group (TRG), which host brands like Wagamama and Frankie & Benny’s, has confirmed this week that its chairman will be stepping [...]
London Concours 2021: The rarest and most valuable cars June 5, 2021 We reveal some of the finest cars you’ll find on the manicured lawns of the Honourable Artillery Company in London this month.
Spac-tacular: The City welcomes overhaul of stock market listings March 3, 2021 The US phenomenon of Spac listings could soon make its way to the City after a government-backed report called for widespread reform in the stock market. Lord Jonathan Hill’s report into London’s listing requirements called for regulators to allow blank-cheque vehicles to list in the capital as well as to ease other listing restrictions. It [...]
The Tories that voted for Christmas November 4, 2020 England will enter its second national lockdown at midnight tonight, after MPs overwhelmingly voted in favour of new restrictions. The government won the vote by 516 to 38, with a majority of 478 meaning the fresh measures will come into effect at the twelfth stroke of the clock. In a three-hour debate in the House [...]
Super Saturday: The pubs, bars and restaurants reopening in the City July 3, 2020 It’s been eerily quiet in the City over the past few months, but things are starting to come back to life. Following Prime Minister Boris Johnson’s announcement last week that England is set to emerge from its “national hibernation,” some of the City’s pubs, restaurants and bars will open their doors for the first time [...]