Digital challenger bank Tandem has launched its first product – a credit card February 20, 2018 Fintech startup Tandem is launching its first product to the public – a credit card. It's also the first digital challenger bank to offer a credit card, with others such as Monzo and Starling initially diving into current accounts. Read more: Bob Diamond's private equity firm is eyeing up digital challenger Tandem The card will [...]
Easter Egg taste test 2018: The best luxury eggs in the UK March 27, 2018 The Easter Collection, Pierre Marcolini £135, eu.marcolini.com, 8/10 Though it’s by far the priciest ovum, it’s also the one you’ll still be eating in May. Accompanied by an army of pralines, it’s available at the Marylebone boutique and the counters at Harrods and Selfridges. • “Dark, layered, classy” • “Nice, but not all it’s cracked [...]
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Harrods posts a profit despite tough trading conditions November 2, 2016 Upmarket department store Harrods posted a robust profit last year, despite the difficulties faced by the retail sector. Harrods reported in its accounts for the year that profit was up 16.9 per cent to £129.7m, compared to £110.9m the year before. Group turnover for the period ending 30 January 2016 came to £788.9m, up from £769m [...]
On trend: Invest in the new era of British fashion brands February 21, 2018 The past few days have been some of the most important in London’s fashion calendar. As Fashion Week graced us with its presence once more, City A.M.’s Alys Keys reported on the shift towards a more democratic industry, propped up by the power of digital influencers. The internet will continue to redefine how we shop, [...]
Working Lunch: Climb to the top of Harrods for a view from Chai Wu, its contemporary Chinese restaurant November 15, 2016 Chai Wu Harrods, Knightsbridge WHAT? A surprisingly intimate Chinese restaurant in Harrods, with a crowd-pleasing, wide-ranging menu. WHERE? On the fifth floor, next to the menswear department. And if the thought of eating quite literally next to a room full of suits in one of the world’s busiest department stores puts you off, give it [...]
When it comes to public perception it pays not to short-change staff February 1, 2017 Towards the end of December, there was a row involving luxury department store Harrods. Waiting and kitchen staff took industrial action because they alleged that the business’s owners retained up to 75 per cent of service charge, which reduced pay by up to £5,000 a year. Harrods has subsequently vowed to let staff keep 100 [...]
Harrods Bank has become the first UK lender to sell gold online – and it’s launched an own-brand bullion bar July 13, 2016 Harrods is looking to cash in on the rush to safe-haven assets, such as gold, by launching an online service for selling gold bullion bars. The online service is the first of its kind from a UK bank, and will sell bars from 1g up a 12.5kg, as well as an own-brand Harrods Bank bar. The lender already sells [...]
Who owns London? The capital’s biggest landowners: Qataris own as much land as the Queen and TfL put together March 17, 2017 A company part-owned by the Qataris own almost as much land in the capital as Transport for London and the Queen put together, a new ranking has suggested, while the City of London was ranked second. Figures compiled by Datscha for property trade bible Property Week showed Canary Wharf Group, which is joint-owned by Qatari [...]
Walkie Talkie sale: Why a foreign buyer for 20 Fenchurch Street would be no bad thing March 17, 2017 Few eyebrows were raised when it emerged a 50 per cent stake in 20 Fenchurch Street, better known as the Walkie Talkie, may be about to go up for sale. The news came a few weeks after its neighbour, the Cheesegrater, was sold for £1.15bn, so you can forgive the Walkie Talkie’s owners for asking [...]