Putin ramps up pressure on West with plans to terminate exports May 3, 2022 Russian President Vladimir Putin has signalled he could terminate exports of products and raw materials, in response to Western sanctions.
Boots launches Deliveroo partnership from today August 24, 2021 Boots has announced it is exclusively partnering with Deliveroo to provide health and beauty products to consumers’ doors. The partnership will launch at 14 pilot stores across the country including in Edinburgh, London and Nottingham. Sales on the retailer’s website were up 85 per cent between 1 March 2020 and 1 March 2021 compared to [...]
When in Rome (or Paris), while in your bedroom: the metaverse of the high street February 14, 2022 When Topshop announced they were pulling out of their flagship Oxford street shop last year, the fatalistic chatter about the end of the high street gathered colossal momentum. The store was eventually snapped up by Ikea, for £378m, but another hole was left in its wake, with House of Fraser closing down too. Despite this, [...]
Focus On: Get yourself into a Pickle in booming Bermondsey November 12, 2021 Located in the south-easterly London Borough of Southwark, Bermondsey has a fascinating past. Back in the 1800s it was known for its industrial plants for processing animal hides (hence some road names such as Tanner Street and Leathermarket), as well as slums for local workers and the notorious docks that inspired scenes in Dickensian novels [...]
UK housebuilder Countryside’s sales soar as property market booms May 13, 2021 UK housebuilder Countryside reported soaring sales and profit in the first half of the year as the housing market boomed following the lifting of Covid restrictions. The property developer said adjusted revenue was up 42 per cent in the six months ended 31 March, reaching £755m compared to £530.9m in the previous year. Adjusted operating [...]
TSB turns down ‘£1bn merger approach’ from Co-Operative Bank October 24, 2021 Co-operative Bank’s £1bn-plus offer for TSB has been rebuffed by its Spanish owners. Sabadell’s board decided to reject the offer at the end of September. The deal would have created a high street lender with 340 branches and over eight million customers, according to Sky News, which first reported the acquisition attempt. This would encompass [...]
Rapper Kano is the mastermind behind The Duppy Share’s new rum March 26, 2022 Last week the latest season of the gritty London crime drama Top Boy dropped on Netflix, and as you settle in to binge the series, its star – actor and MOBO-winning grime pioneer Kano – has you covered for drinks. He’s the driving force behind the flavourful Duppy White Jamaican rum, part of The Duppy [...]
Exclusive: City commuters lives in Walton-on-Thames at risk as fourth Grenfell anniversary nears May 21, 2021 City commuters lives may be at risk nearly four years on from the Grenfell disaster after an official dossier uncovered a major housing association failing to carry out key remedial works. Official documents seen by City A.M. reveal that PA Housing Association in Walton-on-Thames, Surrey, a commuter hotbed for brokers, bankers and consultants, has so [...]
Cheers: Government spends £73,000 on English wines in a year July 15, 2021 The Government topped up its English wine cellar at a cost of more than £73,000 in a year, an official report showed today. Purchases in the last financial year saw an extra £26,185 splashed out on English wines – both sparkling and still, according to a document laid in Parliament earlier today. The cellar last [...]
Berkeley upgrades guidance on strong demand for London housing December 8, 2021 Housebuilder Berkeley Group this morning upgraded its earnings guidance for the current financial year by 5 per cent, after a “resilient sales market” coupled with its investment in new regeneration development projects across London helped it deliver profit ahead of estimates. Earnings guidance was raised for pre-tax profits to increase by 5 per cent a year [...]