Monday 09th April, 2012, 11:55 | London

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Starbucks launch new logo in tough UK trading climate 
Posted on  09-03-2011 11:20:26 AM (GMT +01:00)
Published By  Leanne Bennett

City News Desk - by Leanne Bennett

Starbucks have warned that trading conditions are tough with less people on the high streets since early January, with the managing director of Starbucks Darcy Rymer claiming “for all retailers its a tougher place out there” during ...

  
London retailers claiming its "ugly on the high street" 
Posted on  07-03-2011 11:07:35 AM (GMT +01:00)
Published By  News Desk

News Desk

London retailers are claiming that shoppers are not spending on the high street, dismissing the claim that inflation is rising because of consumer spending, with analysts claiming consumers are only buying items they need.

Leading accountancy firm BDO has said in a report ...


  
Fire fighting firm in trouble 
Posted on  16-02-2011 05:11:47 AM (GMT +01:00)
Published By  City News Desk

City News Desk - Update Fire Brigade comments 4pm

AssetCo the company who contracts the maintenance of London Fire services are facing serious operational difficulties.

Shares in AssetCo fell by 22% after the company revealed it needs £4million to settle its debts. The London Fire ...


  
More pressure on Bank of England to raise interest rates 
Posted on  07-02-2011 11:21:57 AM (GMT +01:00)
Published By  City News Desk

City News Desk

The Bank of England this week is meeting to decide whether to leave interest rates at the current levels or increase rates to quell rising inflation, with the "the Shadow Monetary Policy Committee (SMPC)" voting by five votes to four to raise Bank ...


  
London being left behind by Chinese shoppers 
Posted on  31-01-2011 12:00:03 PM (GMT +01:00)
Published By  City News Desk

Retailers warn Government to loosen immigration controls

City News Desk


Chinese shoppers account for around £350 million a year in trade to the London retail sector, a figure that could easily be double if the Government relaxes the strict immigration controls ...

  
UK recession warning from Soros deficit plans "unsustainable" 
Posted on  27-01-2011 10:43:33 AM (GMT +01:00)
Published By  City News Desk

City News Desk

George Soros the billionaire investor who famously made a $1 billion by selling the pound in 1992 has warned that the current deficit reduction plans by the coalition Government risks "pushing the UK economy into recession".

Speaking at the World Economic Forum in ...


  
Barclays to slash 1,000 jobs financial planning goes online 
Posted on  26-01-2011 02:15:38 AM (GMT +01:00)
Published By  City News Desk

City News Desk

Barclays is set to cut around 1,000 jobs from its financial planning advice service follow what it describes as "a decline in commercial viability for such services over recent years, and the expectation that this decline will ...


  
Food poisoning warning from packed chicken 
Posted on  25-01-2011 10:18:39 AM (GMT +01:00)
Published By  News Desk

News Desk

Londoners are being warned to take extra care when handling packed chicken from supermarkets, with reports that CAMPYLOBACTER the virus that causes diarrhoea accompanied by nausea and vomiting is on the rise.

According to research carried out Birmingham city council, CAMPYLOBACTER is found in ...


  
Even the "Big Mac" reckons this year will be tough 
Posted on  25-01-2011 09:45:51 AM (GMT +01:00)
Published By  News Desk

News Desk

Fast food giant McDonalds has admitted that this year will be its toughest since the "financial crisis" with the prospect of "deep and painful" public spending cuts by the coalition government.

The UK chief executive of Mcdonalds issued a statement yesterday and said:


  
Keep banking giants in London with tax regimes that "allows them to stay competitive" 
Posted on  24-01-2011 09:20:44 AM (GMT +01:00)
Published By  City News Desk

- Goldman Sachs pays £2.29 billion in taxation to UK Treasury in 2010

City News Desk


London conservative MEP Syed Kamall has added his voice to the campaign to maintain the City's position as Europe's leading financial capital by warning against ...


  
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