Alibaba smashes record sales on Singles Day November 11, 2016 E-commerce giant Alibaba has topped its sales record for its annual Singles Day savings event in China. The biggest retail event in the world totted up $1bn worth of sales in the first five minutes, the retailer claimed, and by 20 hours in had reached $15bn (£12bn) as people snapped up bargains in its annual sale. Total [...]
Restaurateur Mark Hix reminisces with artist Gavin Turk about the glory days of the YBAs ahead of his upcoming show at Damien Hirst’s Newport Street Gallery November 10, 2016 I’ve converted a couple of veggie artists over the years, tempting them with tasty cuts of rare beef – Tim Noble and Mat Collishaw spring to mind – but I suspect Gavin Turk is a lost cause. Gavin, one of the original YBAs, has been veggie for over five years and went full-vegan last year; [...]
Premier League ticket prices: Richard Scudamore says new report will “bust some myths” surrounding cost of football November 10, 2016 Premier League chief Richard Scudamore has hit back at criticism of ticket prices after the division released new data it says shows the real cost of football. Scudamore said the data, which shows that more than half of all Premier League tickets will cost £30 or less, will 'bust some myths' on the issue. The division's [...]
City A.M. Unregulated podcast: Baroness Michelle Mone on mentoring, making money and her new venture November 10, 2016 This week the team is joined by the lingerie tycoon Baroness Michelle Mone, as she shares the story of her meteoric rise from Glasgow's East End to the House of Lords. After selling off 80 per cent of her Ultimo lingerie brand and rumours of retirement, Michelle shows no signs of slowing down, throwing herself into [...]
Lord Stuart Rose interview: Former M&S boss opens up on the ill-fated Stronger In campaign and his 10,000 bottles of wine November 9, 2016 Lord Rose of Monewden knows how to do things in style. In the space of a 45-year business career he managed to navigate his way through more boards, bids, bust-ups and blow-ups than seems possible in a single lifetime, collecting a knighthood, then a peerage and a comfortable fortune on the way. More to the [...]
My inspiration: Michelin-starred chef Tom Kitchin on his favourite cookbook, Memories of Gascony by Pierre Koffmann November 9, 2016 When I was a young apprentice cook, I was working at the Gleneagles Hotel in Scotland. It was very traditional and I was very raw and working in a rough kitchen. We used to talk about London like it was a distant land, the other end of the world, but there was a book out [...]
How to put your children onto the property ladder (without acrimony) November 9, 2016 With rising house prices and tighter lending criteria, it is increasingly difficult for young people to get onto the housing ladder. In most cases, they will need to call on the Bank of Mum and Dad. Parents who want to help their children are often uncertain about the best way to provide the funds, the [...]
Tom Wood polished and poised for England return against South Africa November 8, 2016 Exiled Northampton flanker Tom Wood is poised to make his first international appearance for more than a year when England begin their autumn programme against South Africa at Twickenham on Saturday. Wood is set to start at openside flanker, alongside former skipper Chris Robshaw and No8 Billy Vunipola in the back-row, after working his way into [...]
Take a lesson from online dating to find young talent November 8, 2016 Why is it so hard to find enterprising school-leavers and graduates with the right intangible soft skills who can (and choose to) stay with your business beyond 12 months? Probably because neither side is managing the other side’s expectations. Is a job description and a link to a company really enough for candidates to “get” [...]
Opinion: Berlin estate agent says there’s been a sharp increase in Brits buying post-Brexit November 8, 2016 The UK’s referendum decision to leave the EU sent a shockwave across the entire world, which has been illustrated by the mini-crash of the pound since the result was announced. In terms of the wider fallouts and effects of the UK’s departure, we must continue to wait and see how the UK aligns and positions [...]