London businesses lament dismal start to 2023 after another rail strike set for January December 20, 2022 Hospitality leaders have reiterated calls for rail firms and unions to hash out an eleventh-hour resolution to swerve January strikes, after train drivers announced another walk-out. Train drivers at 15 companies in the union Aslef have agreed to strike on 5 January, as part of a long-standing pay dispute. The walkout will take place on [...]
London City Airport – Looking to the Future in 2023 December 20, 2022 | Sponsored Message from Robert Sinclair CEO, London City Airport I wanted to start with a thank you to all the City PM readers that have flown through London City in 2022. There was a short spell, if you can remember it, at the start of the year when the prospect of travelling even across London, never [...]
Left in the dark: Business chiefs fear redundancies after energy relief update delayed December 20, 2022 Business leaders have accused the government of leaving firms in the dark over energy bill support, after ministers push back an announcement of what aid will be on offer later next year. The government had previously said it would update businesses before the end of the year on energy bill relief from April 2023, when [...]
Bunzl acquires four firms and sells healthcare arm December 20, 2022 Bunzl has acquired four businesses and has agreed to sell its UK healthcare division. The specialist distribution group, which sells global businesses a variety of products from coffee cups to cafes, food wrap to supermarkets, and cleaning materials to hospitals, said the transactions would be profit neutral. The FTSE-100 firm said it would sell its [...]
Best of 2022: How Games Workshop founder Ian Livingstone created a £3bn giant December 19, 2022 In a leafy enclave of West London, Ian Livingstone is balanced precariously upon a chair in his study, grasping for a top-shelf box filled with incredibly rare figurines. The legs of the chair creak in protest, and there is a moment when I fear I may be responsible for the untimely death of the man [...]
Rail strikes had ‘deeper than expected’ impact on bars December 19, 2022 Rail strike chaos over the past week had a worse impact than anticipated on clubs and bars, according to one industry group leader. Rail staff walked-out over pay and conditions last week, with dates falling on Tuesday, Wednesday and Friday and Saturday. Hospitality bosses had urged union leaders and rail firms to hash out a [...]
Turkey prices cut by Tesco ahead of Christmas December 19, 2022 While Brits decide what their favourite cut of Turkey is, Tesco has cut its prices for fresh bird to ease cost of living pressures. The supermarket has launched its Christmas initiative for loyal customers, giving club card holders prices of £4 per kilo, down from £5/kg. Turkey crowns will also be down to £8.50 per [...]
Martyn’s law: Counter-terrorism legislation for venues to be published early next year December 19, 2022 Venues will be required to draw up preventive action plans against terror attacks under new legislation nicknamed Martyn’s law in memory of one of the victims of the Manchester Arena bombing. The family of Martyn Hett have campaigned for stronger protections against attacks in public places, after the 29 year old was killed in an [...]
End of the road for London’s largest African restaurant as Camden Town favourite Shaka Zulu shuts down December 19, 2022 The management of one of London’s best-known restaurant, Shaka Zulu, confirmed to City PM this morning that the establishment will close in the next few weeks. After more than 12 years in businesses, building a loyal clientele comprising of Londoners, business diners and tourists, London’s largest South African restaurant said “it is with great sadness [...]
Ikea: Sales up 13 per cent despite costs of living and inflation December 19, 2022 Ikea has revealed that sales jumped over the past year due to customers returning to its shops and price increases in the face of cost inflation. The Swedish furniture retailer revealed that total sales grew by 13 per cent to £2.2bn over the year to 31 August, compared with the same period last year. Peter [...]
