Jonathan Prynn has been Business Editor of the Standard since May 2022. Before that he was Consumer Editor and has also worked at The Times and the Sunday Telegraph. He is responsible for all the business and finance coverage in the paper and online....
ABOUTVIEW
Jonathan Prynn has been Business Editor of the Standard since May 2022. Before that he was Consumer Editor and has also worked at The Times and the Sunday Telegraph. He is responsible for all the business and finance coverage in the paper and online.
West End private members' clubs help feed London's homeless
Annabel’s, George, Harry’s Bar and Mark’s Club have all joined an initiative that started in the depths of the pandemic
Next boss issues warning on the impact on jobs of NI changes
the Next boss said the Government should stagger the introduction of the NI changes rather than introduce them in one hit in April
Retail sales fell 0.3% in December in new economy setback for Reeves
Weak consumer confidence appears to have hit spending in key month for the high street
Interest rates 'to be cut within weeks' after weak GDP figures
The Bank of England’s Monetary Policy Committee is expected to cut interest rates in early February
Rachel Reeves hit by major new setback as 0.1% GDP growth disappoints
The growth will do little to ease fears of a possible technical recession for the UK economy over the winter
JD Sports warns on profits again in latest blow to high street
Latest alert takes retail giant further away from the £1 billion profit landmark
Young's toasts "exceptional" trading over Christmas and New Year
The Wandsworth based operator follows Fuller’s and Mitchells & Butlers in revealing double digit sales growth
Inflation rate dipped to 2.5% in December
The rate is still well above the Bank of England’s target of 2% but could open the door to another interest rate cut next month
Britalian café famed for fried egg carbonara shuts after just 8 months
Owners said the “the unforeseen additional cost pressures created by the autumn Budget came at the wrong stage of our business cycle.”
Business confidence in biggest fall since Ukraine war after Budget
Accountancy body warns steep decline was driven by unprecedented concerns over the impact of the tax burden and weaker domestic sales growth.
London based AI start-ups raised a record $3.5 bn last year
London stays ahead of the AI European league table ahead of Paris and Munich
O2 records busiest ever year with more than 10 million visitors
Outlet shopping sales finished the year 10% up on 2023
London house prices inched forward by just 2% in 2024 says Nationwide
The capital’s property market lagged behind most of the rest of the country as high interest rates and affordability constraints held back price rises
Bank of England warns economy will stagnate after Budget
Bleak forecast comes at Bank leaves interest rates on hold
Minister launches review of Ofgem to boost role as consumer champion
The watchdog’s biggest shake-up since Ofgem was founded in 2000 will be completed by February
A third of all smaller listed companies 'at risk of takeover' in 2025
The warning comes after 88 companies delisted or transferred their primary listing from London’s main market this year, the highest since the financial crisis.
Thames Water bills will surge by £152 over the next five years
Company also fined £18 million by regulator for breaking rules on payment of dividends
Rents spiralling at record 12% a year rate in London, official figures
But house price growth in the capital was the slowest in the country
Retailer Shoe Zone to close stores as a result of the Budget
Retailer said it had seen “very challenging trading conditions” since October.
Outernet boss to co-chair London's bid for WorldPride in 2030
Philip O’Ferrall will share the role with Christopher Joell-Deshields, chief executive of Pride in London.