Derwent developments bring major boost to London August 10, 2018 Major property developer Derwent London gave a huge boost to confidence in the capital yesterday by committing to £700m worth of new high-end development projects. The FTSE 250 giant will start work next year on a £500 million redevelopment of the historic Astoria music venue on the corner of Oxford Street and Charing Cross Road, [...]
Editor’s Notes: Our world is getting better all the time; a G&T at 28,000ft; knocking down the door to the City; and Andrew Adonis is triggered by City A.M. August 10, 2018 Ignore the misery merchants, the world is getting better all the time When voters are asked to estimate the size of the immigrant population, the rate of teenage pregnancy or the level of unemployment, they routinely overshoot. This mindset is prevalent among voters right across the world according to Bobby Duffy, author of a new [...]
Editor’s Notes: Our world is getting better all the time; a G&T at 28,000ft; knocking down the door to the City; and Andrew Adonis is triggered by City A.M. August 10, 2018 Ignore the misery merchants, the world is getting better all the time When voters are asked to estimate the size of the immigrant population, the rate of teenage pregnancy or the level of unemployment, they routinely overshoot. This mindset is prevalent among voters right across the world according to Bobby Duffy, author of a new [...]
House of Fraser appoints administrators EY after talks fail | City A.M. August 10, 2018 House of Fraser is calling in EY as administrators after talks with investors and creditors had “not concluded in a solvent solution”. In a statement to the Luxembourg Stock Exchange the department store said administrators had confirmed that the business would continue trading, including all stores and offices, while they attempted to complete a sale. [...]
The BMW X2 – the sportier new version of the perennial X1 – is a fine addition to the German marque’s roster | City A.M. August 8, 2018 BMW loves to overwhelm with numbers. First we had the X5 SUV, followed by the X3. Then came the X6, X4 and X1. Later this year we’ll see a Range Rover-sized X7 (lord knows how big an X8 or X9 would be), but ahead of that, a more obvious gap has been plugged in the [...]
Martin Sorrell vs WPP: The king of adland wages war on the company he founded with his new venture S4 August 8, 2018 When a couple break up, sage advice is that it’s best to part ways amicably. This advice, however, has not been heeded by Martin Sorrell and WPP, the company Sorrell founded in 1985, turned into a global powerhouse, then exited in controversial fashion in April this year. Sorrell and WPP have been engaged in a war of [...]
Ollie Pope: How Surrey’s young batsman went from club cricket to an England Test debut | City A.M. August 7, 2018 Just over a year ago Ollie Pope was making his County Championship debut for Surrey against Middlesex at The Oval – a fixture until now notable mainly for a crossbow bolt which was bizarrely fired into the stadium. Looking back it also marked one of the key steps in Pope’s whirlwind nascent career, which has [...]
All change at Arsenal: What Stan Kroenke’s buyout and new manager Unai Emery mean for the Gunners’ Premier League hopes | City A.M. August 7, 2018 Patience is a difficult virtue to preach to a set of fans who waited years for a change of direction at their club. But now that change has come at Arsenal – and to the extent that scarcely any corner of the club remains untouched by the overhaul of the last few months – patience [...]
How one charity is reclaiming the dreams of children August 6, 2018 Since players of People’s Postcode Lottery started supporting War Child in 2013 and helping us realise our vision for a world where no child’s life is torn apart by war, we have more than doubled the number of children we are supporting—from 62,236 to 144,400—whilst maintaining high-quality services to respond effectively to children’s needs. We’ve [...]
A further 39 distilleries opened in the UK last year as the taste for gin grows | City A.M. August 6, 2018 Hogarth will be turning in his grave to learn a further 39 distilleries opened up in the UK last year, as the popularity for craft spirits shows little sign of abating. Gin remains a key driver of micro-distillery growth, especially in urban environments, while Scotland has seen a boom in new whiskey makers. Other spirits, [...]