M&S digital chief exits amid business boom August 20, 2023 The top dog behind Marks & Spencer’s digital growth is reportedly leaving the retailer just months after being promoted. Chief digital and technology officer Jeremy Pee, who landed the position in January, is understood to be leaving the business to return to Canada. According to a report in The Sunday Times, M&S’s co-chief executive officer [...]
Election 2024: Business rates the immediate focus for retail as sector responds Labour landslide July 5, 2024 In the run up to the election, they were cautious over the next government's approach to business rates, as Labour were tight-lipped on any possible tax rises.
Central London Alliance calls for government to cut VAT for hospitality, tourism and leisure January 23, 2024 Central London Alliance (CLA) calls on the Government to address the UK’s lack of competitiveness on the global tourism market, beginning with a cut to VAT for the hospitality, tourism and leisure industries. Figures from the Office of National Statistics (ONS) show that visits to the UK increased 112 per cent year-on-year, generating £30 billion [...]
Landsec: Workers returning to offices in London boost landlord May 17, 2024 A rebound in office use has boosted Landsec's bottom line.
City of London backs 65 Gresham Street revamp as Elizabeth Line’s Liverpool Street hub gets office space boost January 17, 2024 The site is within walking distance of Liverpool Street station, which became the busiest station in the UK last year with over 80m passengers, boosted by the Elizabeth Line, which is now the most popular route in the capital.
Lidl wants to build one if its biggest ever supermarkets and 71 homes at Bingo site in Greenwich February 15, 2024 Lidl wants to construct 71 new homes and a 31,000 sq ft supermarket at the site of a former Mecca Bingo site in Greenwich, in its latest tactic to secure planning permission for a new site in London. The supermarket, proposed to be located on the first and group floor of the building, would be [...]
Holland & Barrett increase staff pay to a minimum of £12 an hour April 1, 2024 Holland & Barrett is set to increase its hourly pay for store colleagues by nine per cent, from £11 to £12, almost five per cent per cent above the new National Living Wage.
Asos: Short sellers ramp up bets against former retail favourite as profits dwindle November 21, 2023 Short sellers have been hiking their bets against Asos this month after the former e-commerce darling slashed its profit forecasts in September.
FTSE 100 close: London closes another disappointing week in the red February 9, 2024 Shares in Tesco climbed after Barclays confirmed that it was buying the supermarket's retail banking arm for around £600m.
Don’t tell Sid! Government’s Natwest sale could be ‘dangerous’, says FTSE 250 chief May 3, 2024 The government’s plan to offload its remaining stake in Natwest could be “dangerous” and lead to a flood of retail investors ramping up their exposure to a single stock, the chief of a FTSE 250 wealth manager has warned.