Rightmove toasts record-breaking January but deals begin to crumble ahead of stamp duty deadline February 5, 2021 Rightmove enjoyed its busiest January on record as visits to the property platform jumped nearly 40 per cent with many buyers seemingly undeterred by the approaching end of the stamp duty holiday. However, the firm said there had been a seven per cent increase in sale fall-throughs as buyers realised they do not have the [...]
Rolls-Royce Cullinan Black Badge review: Night rider April 25, 2022 The Cullinan Black Badge is an edgier kind of Rolls-Royce SUV, with more power and added attitude. Tim Pitt drives it.
A tough crackdown on oligarchs must carry us as far as our rule of law allows March 7, 2022 It is an uncomfortable truth that the West sorely lacks experience of war. That may seem a peculiar statement, after the long and bloody interventions in Iraq and Afghanistan, but those were effectively operations of control and rebuilding. What we are seeing in Ukraine at the moment is quite different: one sovereign nation taking on [...]
Bargain bin: Topshop’s former Oxford Street site on sale for £420m May 2, 2021 For years it was the jewel in the crown of Sir Philip Green’s retail empire. But with the collapse of Arcadia last November, the former home of Topshop on Oxford Street is now on the market for a cool £420m. Marketing materials seen by The Times suggest the property will offer a “new age retail [...]
Boom time for Boohoo: Online retail giant to unveil soaring lockdown sales April 30, 2021 Boohoo is expected to reveal a surge in sales as house-bound shoppers swapped dresses for jogging bottoms. The online retailer will also unveil the initial impact of its rescue deals for the Debenhams and three Arcadia brands – Dorothy Perkins, Burton and Wallis – which it snapped up earlier this year. Investors will be hopeful [...]
Starbucks UK plummets to £41m loss after year of Covid restrictions June 18, 2021 Starbucks has recorded a loss of £41m in the year to September 2020, after Covid restrictions forced it to shut branches and limit typical trading activity. The coffee chain saw revenues fall to £243m, according to a Companies House report, down 32.7 per cent, largely due to heavy restrictions imposed on the business throughout much [...]
FTSE: Ultra and Future soar but it’s not enough to lift London’s main index August 16, 2021 The FTSE 100 started off the week with a fall, as a rout on energy and mining shares could not be undone by a surge in the shares of Ultra Electronics and publishing house Future. The blue-chip FTSE 100 dropped 0.8 per cent, dragged down by miners Glencore, Anglo American and Rio Tinto and oil majors BP and Royal Dutch [...]
UK house prices dip in January as market boom begins to ‘run out of steam’ February 5, 2021 UK house prices dipped last month, the latest data showed, in the first indication that the property market boom could be running out of steam. Average house prices across the UK fell 0.3 per cent in January compared to December, dropping to £251,968. Experts said the month-on-month drop – the steepest since the first lockdown [...]
Disgraced former Tory MP Charlie Elphicke faces court for failing to pay £35k after sentence for sexual assault November 19, 2021 Disgraced former Tory MP Charlie Elphicke is facing fresh court proceedings after allegedly failing to pay £35,000 in prosecution costs following his sentence for sexually assaulting two women. The former Dover MP, 50, was jailed for two years in September 2020 after being found guilty of three counts of sexual assault following a month-long trial. [...]
House price boom continues in March as buyer demand hits record levels March 15, 2021 Record levels of buyer demand pushed the average price of new properties coming to market up 0.8 per cent last month, new research shows. According to Rightmove, the current excess of demand is the highest it has been for a decade, pushing prices up £2,484 in March. The number of potential buyers enquiring about each [...]