Christmas sales at Revolution Bars dip as sector welcomes end of Omicron measures January 20, 2022 Revolution Bar Group has posted its disappointing like-for-like sales over the Christmas trading period, when fresh Covid measures hindered pub bosses’ hopes. Like-for-like sales sales for the six week period ending 1 January were down -23 per cent in comparison to the last Christmas before the pandemic struck. Office parties were cancelled in waves as [...]
And they’re off! The Tory party looks for alternatives amid Johnson struggles January 20, 2022 ON Tuesday morning of this week, the furore surrounding Boris Johnson’s attendance at a lockdown garden party in May 2020 appeared to be dying down in Westminster. The Prime Minister’s apology in the house had, it seemed, put judgment day on hold until the publication of the now infamous Cabinet Office report from Sue Gray. [...]
How did theme-park giant Merlin weather the pandemic? January 20, 2022 This article first appeared in ICAS’ CA magazine. Diligence, resilience and diversity are the holy trinity when faced with a global crisis. Robert Galbraith CA, Head of Finance at Merlin Entertainments Japan, tells Nick Scott how the theme-park giant weathered the storm to get hearts racing again Read December/January’s CA magazine now “And he read Principles [...]
Global Britain goes on £11bn Brexit spending spree in Ireland as UK imports jump by a fifth January 18, 2022 Goods imported from Ireland to Great Britain in the first 11 months of last year hit £11.2bn, an increase of more than 20 per cent, according to new figures released in Dublin. Ireland’s Central Statistics Office (CSO) said the main changes were increases in the exports of chemicals and related products and machinery and transport [...]
Trade with Ireland takes a £3bn Brexit hit as UK exports drop by more than a fifth in less than a year January 18, 2022 Exports from the UK to the Republic of Ireland crashed by more than a fifth since Brexit, according to new figures coming from Dublin. Numbers published by Ireland’s Central Statistics Office (CSO) show that the value of goods imports from Great Britain fell by almost £3bn from January to November last year. The drop in [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 18, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Real estate giant Knight Frank has posted a new partner to its London office leasing team, who will work closely with the capital’s landlords. Mike Voller, who re-joins the firm after six years, will advise [...]
The future of tax in the UK, an expert view January 18, 2022 This article first appeared in ICAS’ CA magazine. Young businesses have the potential to drive post-pandemic recovery – but is the UK’s ageing tax system a help or a hindrance to entrepreneurs? Fraser Allen asks four experts to share their thoughts Earlier this year, the Institute for Fiscal Studies published a blunt assessment of the way [...]
Post Office introduces EasyID digital identity app following Home Office policy change January 17, 2022 Post Office and Yoti have announced the availability of digital identity apps, following the permanent government policy change regarding the use of Digital Identity for Right to Work (RTW) as well as Basic, Standard and Enhanced Disclosure and Barring Service checks.
Banker parachuted in to expel Credit Suisse’s scandal-laden reputation quits over ignoring Covid-19 rules January 17, 2022 The man parachuted in to save Swiss bank Credit Suisse’s crisis-struck reputation quit yesterday after breaching UK Covid-19 quarantine rules. Banking behemoth António Horta-Osório, 57, resigned as chairman of the Swiss lender after an internal probe found he broke Covid-19 measures to attend the Wimbledon tennis finals last summer. The departure of Horta-Osório is the [...]
Record waiting time: Brexit triggers tsunami of trade mark applications as UK firms rush to protect intellectual property January 17, 2022 Brexit has triggered a record number of applications for trade marks in the UK, with 195,000 registered in the past year, up 54 per cent from 127,000 the year before, according to data shared with City A.M. today. Waiting times for trade mark applications reached three to four months in the early part of 2021, [...]