Meet the young professionals abandoning London – and the rental crisis December 4, 2023 A typical weekend for Jack Trimmer used to be spent in busy pubs in South West London. But they tend to look a bit different since he moved back into his parents home in Hampshire a few weeks ago.
The Notebook: Emma-Lou Montgomery on retail’s not so cheery Christmas December 4, 2023 Where the City's movers and shakers get a few things off their chests. Today, Emma-Lou Montgomery, financial commentator at Fidelity, takes the pen.
City officials encourage local spending ahead of Small Business Saturday December 1, 2023 The holiday season might not be as reliable as it once was for small businesses, new research suggests, but optimism seems to persevere within the City as peak trading season approaches. While 61 per cent of small businesses, surveyed on behalf of American Express, have said the festive season has yet to be the same [...]
Value of posh pads in London’s richest postcodes falls by £50k November 30, 2023 The value of luxury flats in London’s poshest postcodes has fallen by 6.1 per cent in the last year as the capital’s mega rich put off buying homes amid the cost of living crisis. According to a new report by Investec Wealth & Investment, shared with City A.M., in the last year the average price [...]
Gunmen kill two and injure many in Jerusalem shooting as Israel-Hamas agree new Gaza ceasefire November 30, 2023 Israel and Hamas agreed to extend a temporary truce by another day minutes before it was set to expire on Thursday morning, mediator Qatar has said.
Whether it’s Shein or Vinted, we’re addicted to buying clothes for pennies November 30, 2023 Business is booming for both Shein and secondhand retailers. The link? We're addicted to buying clothes for nothing, writes Anna Moloney.
5 incredible bottles of champagne to pop at Christmas dinner November 29, 2023 This is the best wine and champagne to buy for Christmas
Household borrowing dips as higher rates ‘percolate’ through UK economy November 29, 2023 Consumer borrowing fell in October in the latest indication that higher interest rates are weighing down on demand in the economy.
E-scooter firm Tier to lay off 140 staff before Christmas in losing battle with profits November 29, 2023 Tier said it would be cutting around 22 per cent of its workforce, in a “number of countries”, making it a “difficult day at the end of a difficult year.
‘A cruel blow’: Loungers boss bemoans Hunt’s lack of business rates support for larger firms November 28, 2023 The boss of Loungers has criticised chancellor Jeremy Hunt’s decision to not extend business rates relief to larger firms, describing it as a “cruel blow”. Speaking to City A.M, the chief of the casual dining chain, Nick Collins, said: “It’s going to add to the inflationary pressure, at a time when hospitality really struggled with [...]