Dragons’ Den star Levi Roots on Brixton being the ‘sauce’ of entrepreneurial spirit December 7, 2022 In Brixton, the “heartbeat of the community” is its market, Dragons’ Den star and the businessman behind Reggae Reggae sauce, Levi Roots, tells CityA.M. The south London district has been Roots’ home ever since he moved to the UK as a young child from Jamaica, so it’s no surprise it is close to his heart. [...]
Loosening Covid-19 laws in China will not be economy’s silver bullet, says ING December 7, 2022 The loosening of strict Covid-19 restrictions in China Is unlikely to be the silver bullet the local economy needs, according to banking giant ING. China announced today that it is further relaxing its pandemic measures, meaning only those working in high-risk positions and located in elderly homes, hospitals, child care and primary schools will need proof of [...]
Biden and Sunak strike deal to double UK gas imports from US December 7, 2022 The US wants to more than double its gas exports to Britain next year, after Rishi Sunak and Joe Biden struck a landmark deal yesterday.
London’s best independent restaurants, bars and cafes, chosen by some of the city’s top creative minds December 6, 2022 In London it’s often the biggest venues with the most expensive PR operations that catch the headlines, but it’s the small, independent bars and restaurants that make the fabric of the city. The Amex Shop Small initiative has launched The Little Blue Book of Sharing”, an initiative that profiles British creatives to find out the [...]
December strikes: Who’s walking out when and how will it affect you? December 6, 2022 December is set to be a month blighted by industrial strife, with everyone from nurses and posties to train drivers and security staff to walk out. With inflation reaching a 41-year high at an eye-watering 11.1 per cent, thousands of workers have voted to down tools and ask for a real-term increase in pay. As [...]
Cocaine Bear, a drugged up warning for Netflix & co in the streaming wars December 6, 2022 Two ambulance workers rush inside a house where furniture is all over the place, and the walls are stained with blood. One of them opens a door, only to be attacked by a giant brown bear whose face is covered in – we quickly figure – human blood. These are the first 20 seconds of [...]
Eddie Jones sacked: England Rugby coach axed after team’s worst year since 2008 December 6, 2022 England Rugby have sacked head coach Eddie Jones after seven years in charge following a review of the team’s dismal form. The move comes just nine months before he was due to lead England at another Rugby World Cup, having guided them to the final in 2019. England forwards coach Richard Cockerill is to take [...]
Conviction Life Science to float in London to pounce on undervalued biotech firms December 6, 2022 Investment fund Conviction Life Science will float in London in an £100m IPO to capitalise on a stream of undervalued biotech and pharma firms, its investment chief told City A.M. yesterday. While the UK is home to Nobel-winning science, the industry gets a bad rap for being too risky and lossmaking. The company had mulled [...]
Hospitality body calls for compromise over energy bills as firms face winding-up orders December 5, 2022 Energy firms should offer compromise solutions if business customers are struggling, argued the hospitality trade body’s chief.
Ageing population and weaker post-Brexit migration has damaged UK economy, experts claim December 5, 2022 An ageing population, weaker migration inflows since Brexit and a sicker society due to the pandemic has damaged the UK long-term economy’s health, top City economists have warned. A steadily rising elderly population has resulted in a jump in Brits leaving the jobs market to take retirement or due to ill health, putting the workforce [...]