Square Mile and Me: Michael Mainelli on becoming Lord Mayor and bringing more pubs to the City January 11, 2024 We ask Michael Mainelli, current Lord Mayor of London and Z/Yen Group chairman, to take a trip down memory lane.
Priced out: London renters continue to look outside the capital for affordable housing January 11, 2024 The latest data from Rightmove shows some 45 per cent of Londoners enquired to leave the city last year, compared to 40 per cent in 2022.
Mobico: National Express owner revs up a gear as shares rebound on Cosmen family backing January 11, 2024 National Express owner Mobico may be turning a corner. Shares rallied 30 per cent in the last month after the Cosmen's upped their stake.
The Original Factory Shop returns to the red as Covid support ends January 11, 2024 The Original Factory Shop slipped back into the red after a government measure to reduce business rates during the pandemic came to an end.
Bailey: Household finances ‘nowhere near as stressed’ as during financial crisis January 10, 2024 Bailey pointed to a couple of mitigating factors which had protected households from the rise in interest rates.
Energy-inefficient properties could burn £370m hole in pockets of London businesses January 10, 2024 Some 11.9 million sq ft of energy inefficient stock is set to arrive on central London’s market over the next three years, burning a £370m hole in businesses pockets.
Brewdog to no longer pay ‘real’ living wage in scramble to save costs January 10, 2024 Brewdog is now opting not to pay staff the ‘real’ living wage in a scramble to shore up extra costs.
Capita shares sink after RBC downgrades over cash flow concerns January 10, 2024 Shares in outsourcing giant Capita fell over eight per cent on Wednesday morning after RBC Capital Markets cut its rating on the stock to ‘sector perform’ from ‘outperform’.
Nightcap shares jump as bar chain bucks trend with record Christmas January 10, 2024 London Cocktail Club owner Nightcap had a “record” Christmas despite ongoing rail disruption and cost of living pressures.
Persimmon: New home completions down a third as UK housebuilding woes continue January 10, 2024 High inflation and cost of raw materials has made it more expensive to build houses, while higher interest rates have suppressed demand for buyers.