Shaftesbury back in the black as West End landlord sees ‘rapid rebound’ in shopping destination November 29, 2022 West End landlord Shaftesbury has swung back to profit as the capital’s retail heartland bounced back from Covid-19 disruption this year. The landlord, which is set to merge with neighbouring property giant Capital and Counties next year, shared a £119.1m profit after tax in full-year results. This was a strong come-back for the Carnaby, Seven [...]
City workers are ignoring ‘ego driven’ calls to return to offices November 29, 2022 City workers are ignoring calls from ‘C Suite’ executives for staff to come into the office for a minimum number of days each week, according to a new report. Workers and managers in the financial and professional services sectors are instead employing their own “bespoke” working models that align with their specific operational needs, the [...]
Onshore wind set for revival as backbench pressure weighs on Government November 28, 2022 The seven year de-facto ban on new onshore wind projects could finally be lifted, after Grant Shapps hinted at a possible U-turn.
Semiconductor industry’s grip on globe to loosen next year in economic downturn November 28, 2022 The semiconductor sector is bracing for slipping demand next year, as the grip the industry had on consumer and industrial-facing businesses loosens. Global revenue generated by computer chips, crucial bits of tech used in most of today’s electronics, is expected to fall 3.6 per cent in 2023, according to tech research and consulting giant Gartner. [...]
Brits told to cut energy usage as Government unveils £1bn insulation support November 28, 2022 Households will be advised by the Government to lower boiler flow temperatures and turn down radiators in empty rooms.
Demand for London offices unphased by remote work and downward economic trends November 28, 2022 Demand for office space in central London has held firm despite the ongoing work-from-home trend and economic downturn risking upending the capital’s market. Uptake of central London offices surged 63 per cent in the first nine months of this year, in comparison with 2021, according to data shared exclusively with City A.M. today by BNP [...]
A Christmas Carol, the Old Vic review: Bright and joyous, even Scrooges can’t dislike this November 25, 2022 Joy to all – including you Scrooges out there – it’s Christmas! We’ve collectively spent weeks ignoring the Christmas cards and wrapping paper that appears pointlessly early in shops, but now that it’s December it’s actually time to start getting in the mood for the festive season – and the best way to do that, [...]
England v USA: How Europe embraced America’s young footballers November 25, 2022 When the USA hosted the World Cup in 1994, their squad was an overwhelmingly domestic selection. Fourteen of their 22-man party were based in the States, with 12 of those on central contracts with the US Soccer Federation. Only two of the players belonged to clubs in Europe’s five biggest leagues, among them Coventry City [...]
Top down targets won’t resolve regional divides as inflation shrinks spending November 25, 2022 For both parties, one of the challenges they face is that in truth many of us in the North have never fully understood exactly what what levelling up means.
B&Q owner says DIY sales driven by household energy concerns as profit forecast trimmed November 24, 2022 Kingfisher has seen customers forking out to improve their household energy efficiency, as the B&Q owner shaved its full-year profit outlook. In a trading update for the third quarter, the retail titan posted sales of £3.3bn, a 0.2 per cent boost on the previous year. The Screwfix owner previously reaped the rewards of a pandemic [...]