Bookbar: How a Highbury bookshop and winebar became a new London favourite October 31, 2023 Chrissy Ryan, founder of Highbury's Bookbar, tells City A.M. why combining good books, good coffee and good wine has put her store at the heart of a thriving London high street
Exclusive: HMV’s new owner on where he wants to take his High Street stores July 29, 2021 Music and entertainment retailer HMV confirmed last week plans to open 10 new stores, including a flagship London site. Following its decline into administration two years ago its Oxford Street store – along with many others – were closed. However, new owner Doug Putman, a Canadian music retail executive, bought the struggling business and believes [...]
Nationwide’s Virgin Money bid heralds new era for mutuals’ challenge to big banks March 18, 2024 Nationwide, the world's largest building society, is gearing up for the UK's biggest banking tie-up since the financial crisis as it looks to finalise a £2.9bn takeover deal for high street rival Virgin Money in the coming weeks.
TSB owner Sabadell rejects BBVA’s £10.3bn takeover bid which ‘undervalues’ bank May 7, 2024 Banco Sabadell, the Spanish owner of British high street bank TSB, has rejected a €12bn (£10.3bn) all-share merger proposal from its bigger domestic rival Banco Bilbao Vizcaya Argentaria (BBVA).
Credit disagreement: the future of the high street depends on how we handle retailers’ Covid debt July 19, 2021 It is a commonplace that the pandemic has devastated the economy. The prospects of recovery may be rosier than we had dared imagine, but businesses have suffered grievously, especially those for whom in-person custom, footfall, is vital. One sector which has been hit particularly hard is independent retail. The death of the high street has [...]
The High Street wants you – let’s take this next step safely May 14, 2021 After months of shuttered doors, it’s been heartening to see Britain’s high streets, town centres and retail parks buzzing again. But as much as we all want to get life back to normal, we also all want to stay safe. None of us want to squander the progress we’ve made in suppressing the virus – [...]
Primark owner restores dividend as high street stores reopen April 20, 2021 The owner of Primark today said it would restore its dividend and pay back furlough money as it issued an upbeat outlook following the reopening of retail stores. Associated British Foods (ABF) halted its payout last year due to the outbreak of Covid-19, which sparked an almost £1.5bn hit to its first-half Primark sales. The [...]
Health on the high street December 15, 2020 This year has presented a new set of challenges to the high street, which have the potential to change the face of this British institution as we know it. Even before the onset of the Covid-19 pandemic, recent years have seen hundreds of thousands of retail jobs lost and a huge number of much-loved stores [...]
Al fresco dining to become a High Street fixture while takeaway pints are extended for a year July 16, 2021 Al fresco dining is set to become a fixture of the high street and takeaway pints will continue for another year as part of a Government strategy to help England’s pubs, bars and restaurants recover from the pandemic. Pavement licences are to be extended and made permanent to allow more customers to eat outside under [...]
Profit falls at Yorkshire Building Society but lender has record demand for savings products February 29, 2024 A number of lenders have been the beneficiaries of poor savings rates on offer at the high street banks and Yorkshire Building Society reported that a record 693,000 savings accounts were opened last year, up from 537,000 in 2022.