Our favourite restaurants and bars re-open! July 15, 2020 As businesses make their first steps back towards ‘normal life’ we have listed some of our favourite London spots to help you keep up to date with what’s on offer across the City. 1 Lombard Street will reopen on 20th July with some exciting new changes as chef, restaurateur and food writer Mark Hix joins the [...]
Virgin Atlantic secures £1.2bn rescue deal after months of turbulence July 14, 2020 Sir Richard Branson’s Virgin Atlantic has secured a £1.2bn rescue deal after nearly four months of uncertainty over its future. The deal, which Sky News reported could be unveiled this afternoon, will save thousands of jobs at the embattled carrier. In a statement, chief executive Shai Weiss hailed the deal, saying that the “last six [...]
Lockdown London: A tale of two cities July 14, 2020 On Sunday evening, a friend and I had a game of tennis in a small unremarkable suburban local park. Surrounded by terraced houses, it is the kind of park of which there are 3,000 dotted across the capital. Too hilly for a game of football but with a couple of rarely used tennis courts for [...]
Huawei: Will the government ban the Chinese vendor tomorrow? July 13, 2020 Prime Minister Boris Johnson is due to decide whether to ban Huawei from the UK’s 5G infrastructure tomorrow, following intense pressure from MPs and US President Donald Trump to U-turn on a deal with the Chinese vendor over national security fears. In January, Johnson struck a deal with Huawei to build technology for the UK’s [...]
The FTSE 100 is lagging behind soaring global markets – but why? July 13, 2020 Stock markets around the world have soared in recent months even as economies crashed, aided by central banks pumping trillions of dollars into the system. But although all stock markets are rising, some are rising faster than others. Britain’s FTSE 100 is lagging behind almost all other major stock indices. It has risen just over [...]
Boris Johnson: People should wear face masks in shops July 13, 2020 The Prime Minister has said people should wear face masks in shops and will decide whether to make them mandatory in the next few days. Last week Boris Johnson indicated the government was looking at toughening up the rules and went further today to say a decision “in the next few days.” Speaking to Sky [...]
Virgin Atlantic set to announce £1bn rescue deal July 12, 2020 Virgin Atlantic is reportedly finalising a £1bn rescue deal that would save thousands of aviation jobs in the UK. The airline, founded by Richard Branson, is finalising a deal to release tens of millions of pounds in credit-card cash that was being withheld. Sky News last night reported that Virgin was trying to resolve a [...]
Michael Gove: Face coverings will not be mandatory in shops July 12, 2020 Face coverings will not be made mandatory inside shops by the government but it is “basic good manners” to wear one, according to Cabinet Office minister Michael Gove. Gove said today that he trusted “people’s good sense” to wear face coverings where necessary, without forcing people to do it by law. Pressure has begun to [...]
The Friday Interview: Chris D’Sylva and the Supermarket of Dreams July 10, 2020 Every Friday, City A.M. Deputy Editor Andy Silvester interviews somebody making waves in the finer things in life: food and drink. This week he sits down with Chris D’Sylva amidst the stacked shelves of the “Supermarket of Dreams,” which opened amidst lockdown in the first week of June Nestled amongst the somewhat staid independent shops [...]
Wirecard executive ‘touted Russian nerve gas documents’ July 9, 2020 Wirecard executive Jan Marsalek reportedly touted documents about the use of a Russian chemical weapon in the UK and bragged about ties to the intelligence services. Documents, which have been reviewed by the Financial Times and used in meetings in the summer of 2018, include the formula for the world’s deadliest nerve agent, novichok. The [...]