Jonathan Prynn

Business Editor

ABOUT

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.... MORE

ABOUT
VIEW

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.

<p>The FTSE 100 record came after an easing in geopolitical tensions in the Middle East (Nicholas T Ansell/PA)</p>
Business

Only 5% of your pension's in UK stocks — but seven US firms get 10%

City Comment: Reversing the trend of falling investment in UK equities should be a high priority for the next government

1 May 2024
<p>In a parallel universe where London gets to keep a bit more of its tax revenues, we could have new tube trains and a functional Hammersmith Bridge</p>
Business

London sorely needs to keep more of its huge tax harvest

City Comment: In a parallel universe where London gets to keep a bit more of its tax revenues, we could have new tube trains and a functional Hammersmith Bridge

2 Apr 2024
<p>BusinessLDN pointed out that currently the Mayor and boroughs keep only a “tiny” 7% of tax revenues raised in London, compared with 50% in New York</p>
Business

Next Mayor ‘needs far bigger share of tax take’, business group says

BusinessLDN pointed out that currently the Mayor and boroughs keep only a “tiny” 7% of tax revenues raised in London, compared with 50% in New York

2 Apr 2024
<p>London now has the fastest rising property prices in the south of England </p>
Business

London house prices pull ahead in reversal of ‘race for space’

London now has the fastest rising property prices in the south of England

2 Apr 2024
<p>Printworks was one of the most  high-profile London nightclub closures</p>
Business

Rise in nightclub closures makes a mockery of ‘24-hour London’ claims

City Comment: London is still one of the hardest global cities in which to enjoy a drink out with friends late at night

28 Mar 2024
<p>Troubled utility Thames Water has said its shareholders will not be injecting the first £500 million of funding (PA)</p>
Business

Thames Water crisis is an ugly standoff, and we're stuck in the middle

City Comment: Who will pay to keep the water flowing and the toilets flushing?

28 Mar 2024
<p>The beaches of the Med remain the most popular destination</p>
Business

Londoners most likely to head abroad this summer says survey

Three in ten adults said they will be booking a beach holiday, whilst almost one in five are opting for a city break

27 Mar 2024
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Travel

Kenshō Ornos: chilled-out luxury for late-summer sun in Mykonos

Once named the best new boutique hotel in the world, Jonathan Prynn finds out if this celebrity-approved spot can provide a dose of calm during Mykonos’s windy season

27 Mar 2024
<p>Nightclubs are closing at an unprecedented rate</p>
Business

Devastating report reveals 3,000 London bars and clubs have shut

Nightclubs have been particularly badly hit with numbers down by more than a third as young people cut back spending

27 Mar 2024
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London

Up we go! Scores of London skyscrapers are in the pipeline

76 high-rise projects get the nod in just two years

27 Mar 2024
<p>Online grocer Ocado has reported a pick-up in retail sales growth as it tempts back shoppers amid a turnaround and moves to cut prices (Katie Collins/PA)</p>
Business

Shoppers turn back to Ocado as food inflation falls again

Food and drink prices rose just 4.5% in the four weeks to March 17, a rate of increase not seen since February 2022

26 Mar 2024
<p>Few streets symbolise the dizzying changes in the City of London landscape over the past half century better than Bishopsgate on the eastern fringe of the Square Mile</p>
Business

The street that symbolises the ever-changing City

City Comment: The City is rapidly evolving again with the traditional financial services that have been its meal ticket for a century or more in relative decline

25 Mar 2024
<p>New Manolo Blahnik store in Hong Kong</p>
Business

Luxury shoe label Manolo Blahnik signs major Hong Kong deal

Legendary designer’s firm signs partnership with luxury distributor Bluebell

25 Mar 2024
<p>The John Lewis Partnership has revealed its results for the past half-year (Jonathan Brady/PA)</p>
Business

John Lewis has axed its bonus twice in a row. It can’t do it again

City Comment: Getting the disgruntled staff back onside has to be a priority

14 Mar 2024
<p>Maggie & Rose co-founders Maggie Bolger and Rose Astor (left) and the club’s facilities (right)</p>
London

West London exclusive 'Soho House for kids' Maggie & Rose closes

Parents paid fees starting from £210 a month in Kensington and £140 a month in Chiswick for the club

14 Mar 2024
<p>Bank of England Governor Andrew Bailey has said that the UK’s recession is ‘very weak’, but signalled that inflation does not need to reach 2% before the Bank starts cutting interest rates (Justin Tallis/PA)</p>
Business

Bank of England will start cutting interest rates in June, City bets

Cutting too early would risk restoking inflation, while too late could undermine the UK’s revival from recession

13 Mar 2024
<p>The growing excitement around the build up to the summer Olympic Games in the French capital helped knock London off its perch </p>
London

Sacré bleu! More are now talking about Paris than London online

Growing excitement around summer Olympic Games helps French capital take top spot

13 Mar 2024
<p>Britain’s economy rebounded in January </p>
UK

Britain returns to growth as GDP rises 0.2% in January

Bounce back on the high street is major contributor with retail trade showing 3.4% growth

13 Mar 2024
<p>Minister for London Greg Hands has said the Chelsea Bun is increasingly hard to find </p>
London

Save the Chelsea bun! MP's campaign to save delicacy in decline

Greg Hands warns one of capital’s oldest culinary treats is losing popularity to imports such as the pain aux raisins or pastel de nata

12 Mar 2024
<p>Will we see the string of pre-election interest rate cuts that Rishi Sunak and Jeremy Hunt are counting on to shore up what is left of the Tory vote? </p>
Business

Bank of England won’t cut interest rates soon enough for Tories

City Comment: It will all almost certainly be Labour who collects the dividend. Tough, but that’s showbiz.

12 Mar 2024
<p>Wages are still growing far faster than inflation, putting the chances of an early interest rate cut at risk, latest official figures reveal today</p>
Business

Early interest rate cut in doubt amid ‘sticky’ wage growth

The Office for National Statistics (ONS) said regular wages rose at an annual rate of 6.1% in November to January, down only from 6.2% previously

12 Mar 2024