The Shard relaunches Western Europe’s highest light show December 3, 2018 The Shard’s Christmas lights are back with a bang this evening, transforming the top 20 storeys of the skyscraper into a festive light show. This year’s Shard Lights display sees London’s tallest building host a colourful 30-minute show running every half an hour from 4pm to 1am. The light show is based on the theme [...]
Dunelm shares climb on stronger sales outlook despite website closures January 7, 2019 Furniture firm Dunelm saw revenue grow by two per cent over the Christmas quarter after closing two struggling websites. The retailer earned £303.6m for the three months to the end of December, £6m more than the year before, while like-for-like sales rose nine per cent to £282.5m. Like-for-like store sales grew almost six per cent [...]
Boohoo shares drop despite retailer lifting 2019 guidance after strong sales growth January 15, 2019 Boohoo had no cause for tears this morning as it revealed rocketing revenue helped it end 2018 on a high, raising guidance for its full-year sales. Sales grew 44 per cent year on year to £328.2m in the four months to the end of December, up from £228.2m in the same period in 2017. Read [...]
Personal insolvencies reach seven-year high as credit squeezed and wages stagnate January 29, 2019 The number of people in England and Wales turning to insolvency to deal with debt problems has risen to a seven-year high as consumer credit tightens and wages stagnate. There were 34,108 individual insolvencies in the fourth quarter, an increase of 34.8 per cent on the third quarter. In 2018 the number of people who [...]
Nintendo hit by largest share price drop in two years November 16, 2018 Game-maker Nintendo's share price dropped more than 10 per cent in trading overnight, after its Switch console's chipmaker took a tumble. Shares in US chip designer Nvidia crashed nearly 17 per cent in after-hours trading last night, after it disappointed Wall Street by missing sales estimates in its third quarter and forecasting lower sales for [...]
Boris Johnson promises Theresa May ‘full-throated support’ if she beats Brexit backstop with a ‘freedom clause’ January 28, 2019 Boris Johnson today upped the pressure on Prime Minister Theresa May by calling on her to persuade the European Union to ditch the so-called Irish backstop. May’s widely unpopular Brexit deal – the result of two years of negotiations with the EU – was resoundingly rejected by parliament before Christmas, largely over concerns created by [...]
London house prices: Prime postcodes dip as Brexit uncertainty weighs on market February 12, 2019 House prices in London’s most expensive neighbourhoods tumbled in the run-up to Christmas, continuing on a downward trend in the wake of uncertainty from both buyers and sellers. According to new data from Lon Res, prime property prices in the fourth quarter of 2018 fell 5.7 per cent when compared with the same period in [...]
Theresa May hopeful of more EU reassurances over backstop as MPs vote looms January 7, 2019 Theresa May is hoping to get further reassurances from the EU over her Brexit deal as time ticks down to a crunch vote in Parliament. The Prime Minister confirmed on Monday she is continuing to work with Brussels to secure a guarantee the so-called ‘backstop’ – which effectively keeps the UK in the EU’s customs [...]
Grounded: Gatwick airport remains shut down as Army brought in to deal with drone crisis December 20, 2018 The Army has been deployed to assist with the ongoing crisis at Gatwick airport, which has seen flights grounded since Wednesday because of drones flying near the runway. Drones which have grounded all flights at Gatwick Airport are “highly targeted” and have been “designed to close the airport and bring maximum disruption in the run up [...]
Roy Hodgson: TV rescheduling over Christmas will take its toll on Crystal Palace squad December 14, 2017 Crystal Palace manager Roy Hodgson has bemoaned “harsh” fixture re-scheduling for TV that requires his side to play three Premier League games in six days over the Christmas period. The Eagles host Arsenal on Thursday 28 November, two days after most clubs play on Boxing Day, in an 8pm kick-off on Sky Sports. Hodgson’s men [...]