Booming Bangalore: India has its own Silicon Valley and Gen Z love it May 14, 2024 Bangalore is the Indian city you must visit. Here's why
John Lewis unveils five-year plan to return to profit October 16, 2020 John Lewis Partnership has set out plans to return to profit, with a £1bn investment in boosting its online business and a focus on expanding its non-retail offering. The firm this morning said it is aiming to report £400m in profit by the end of the five-year transformation plan. The department store chain, which also [...]
Dame Sharon White: It is too early to predict the end of the high street October 15, 2020 Dame Sharon White has said it is too early to sound the death knell of the British high street even as she outlined further plans for the John Lewis partnership to move online. Speaking to the Times CEO summit, White said the “death knell for the High Street is rather premature”, just months after cutting [...]
Murdoch’s long shadow September 22, 2023 Rupert Murdoch will stand down from News Corporation in November.
UK inflation to fall to lowest level since March 2022 but Bank of England still tipped to hike interest rates July 17, 2023 UK inflation is on course to drop to its lowest level in over a year, but lingering underlying price pressures will heap expectation on the Bank of England to keep on hiking interest rates, new figures out this week are tipped to show. The rate of price growth in Britain is expected to have dropped [...]
Construction giants colluded to rig £150m of contracts including Selfridges and Oxford University, CMA rules June 24, 2022 A consortium of about 10 construction firms illegally colluded to rig bids for £150m of major contracts, according to provisional findings by the UK competition watchdog. The Competition and Markets Authority (CMA) said eight of the firms involved in the cartels have admitted to taking part. The rigged contracts for demolition services included work for [...]
Westminster council launches consultation for development of Oxford Street November 6, 2018 Westminster City Council has launched a consultation into the development of Oxford Street after Sadiq Khan's plans to pedestrianise the famous shopping area were ditched in the summer. The council has asked residents, businesses and visitors to give their verdict on their new plans for the street, which it says will increase walking space while [...]
Oxford Nanopore soars on London debut, touching £5bn September 30, 2021 Shares in genome sequencing company Oxford Nanopore rocketed as much as 45 per cent this morning after its IPO, in the best-ever London market debut for a company of its size. Oxford Nanopore shares were trading at 619p per share at market open, pushing its market cap up to £4.93bn – significantly higher than the [...]
Shorter hours and portable loos: How London’s West End is reopening shops after lockdown June 15, 2020 The West End was one of the first areas of London to suffer the economic damage wrought by coronavirus, even before lockdown. By mid-February, people were already avoiding the usually bustling restaurants of Chinatown, following false reports that the disease could be caught more easily there. Now, after months of lockdown-induced hibernation, businesses across the [...]
To withstand future recessions, the UK needs radical supply side reform January 17, 2023 When academics write essays, they begin with an abstract that captures the causes, effects and outcomes of the economic policy change they are examining. Boosting the supply side has a pretty simple argument. Either increasing the volume or productivity of resources used to produce things makes a country richer. That’s it. Let’s take a look [...]