City braces for final economic figures before Christmas break December 11, 2022 The City is bracing for a string of big economic announcements in what will be the final busy week of news before the Christmas break. Tomorrow, fresh gross domestic product (GDP) figures from the Office for National Statistics (ONS) are expected to show the UK economy recovered in October. But, the 0.4 per cent growth [...]
You can still reach the Qatar World Cup final. Here’s how December 8, 2022 It may be coming home in nine days’ time, but what if you want to be anywhere but home when England lift the World Cup in Doha next Sunday? City A.M. got the travel magazines out and scoured the web to see just whether it was still possible to get to Qatar. Where in the [...]
The Christmas gift guide 2022, by City A.M. December 8, 2022 Ho, ho, hold up on shopping for Christmas presents on the freezing cold streets of London… we present you with the City A.M. Christmas Gift Guide. Do your shopping online and find some seriously thoughtful presents in our guide, which is broken down into ten categories so there’s something for every type of gift receiver [...]
On the Beach’s boss to step down as group returns to black for first time December 8, 2022 On the Beach’s boss Simon Cooper is set to step down just as the group returns to profit for the first time since the pandemic hit. Cooper, who founded the beach holiday retailer in 2004, will leave within the next year and will be replaced by the firm’s current chief financial officer Shaun Morton. The [...]
Royal Family holds its breath as controversial Harry and Meghan Netflix series goes live December 8, 2022 The royal family are bracing themselves for bombshells from the Duke and Duchess of Sussex’s Netflix documentary as it streams across the world on Thursday morning, going live at 8am UK time. As the King and the Queen Consort breakfast in their own home and the Prince and Princess of Wales deal with the school [...]
M&A slumps as UK dealmakers sit out rocky markets December 6, 2022 Mergers and acquisitions in the UK have slumped back to pre-pandemic levels this year as dealmakers play the waiting game amid wild swings on the markets, official figures have revealed. A total of 459 domestic and cross-border deals were completed in the third quarter of the year, nine down on the previous quarter and 159 [...]
City Moves: Who’s switching jobs in the Square Mile? December 6, 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. Russell-Cooke Law firm Russell-Cooke has built out the French desk within its London-based private client practice with a new partner. Nicole Gallop Mildon brings expertise to all aspects of private wealth including estate planning, wills, probate and [...]
Legal sector talent war drives boom in London office market December 5, 2022 Britain’s top law firms are driving a surge in demand for City office buildings in their efforts to win over talent and meet their ESG goals. Law firms have taken up a record 1.5m square foot of office space in 2022, following a series of big deals involving Britain’s top firms, data from Knight Frank [...]
Sold! Irn-Bru owner snaps up Boost Drinks December 5, 2022 Beverage giant A.G. Barr has acquired energy drink maker Boost Drinks for an initial consideration of £20m. The Irn-Bru and Rubicon owner said it was acquiring Boost from its founder Simon Gray and his wife Alison, who will continue to lead the business. The London-listed drink firm said there was “significant potential” for additional growth [...]
City Moves: Who’s switching jobs in the Square Mile this week? December 2, 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. Heathrow Express Heathrow Express has appointed a new director and business lead, who rejoins after a three-year hiatus. Daniel Edwards previously led the Heathrow VIP commercial team before becoming head of retail categories. Edwards, who launched its [...]