London house prices: How Brexit uncertainty has hit house prices in every borough May 20, 2019 London is “acting as a drag” on the rest of the UK housing market, with prices across the capital falling in the last year, according to new figures from property giant Rightmove. Read more: UK house prices suffer fifth month of Brexit-hit growth While some regions in the UK such as the midlands and the [...]
N Brown shares plunge as ‘disappointing’ offline sales hit revenues October 11, 2018 Fashion retailer N Brown took a kicking from investors at the opening bell this morning, as its share price dived more than 20 per cent amid a “disappointing” set of results. The JD Williams and Simply Be owner revealed a drop in product revenue during the six months to 1 September, as offline sales dragged [...]
Four things we learned from the Premier League this weekend: Cech’s injury could be a blessing, Sarri triggers Luiz comeback and Kane sharp again September 30, 2018 When Petr Cech’s hamstring twinged in the closing stages of the first half of Arsenal’s 2-0 win over Watford on Saturday the overriding emotion of most fans inside the Emirates was one of curiosity. Injury to the veteran goalkeeper meant a Premier League debut for £19m summer signing Bernd Leno. Having only seen the German [...]
Chilango, burrito bonds, and London – the boss of the Mexican food chain talks about the virtues of crowdfunding April 8, 2019 After interviewing Eric Partaker, the co-founder of burrito chain Chilango, he says I should try the food at his elaborately decorated restaurant on Cannon Street. I ask what he recommends, and instead of picking from the regular menu, he suggests I sample the “Noah’s Ark” – a lunch box containing all the meat options. A [...]
Five things we learned from the Premier League this weekend: Moura the man, Alonso the alternative, Arsenal’s defence shaky and more August 27, 2018 Jose Mourinho’s selection roulette did not pay off tonight. The Manchester United manager made six changes, mixing his squad up to face a familiar-looking Tottenham side. After a first half in which both sides missed countless opportunities, Spurs made their move as Harry Kane and Lucas Moura prompted chants of “you're getting sacked in the [...]
Half of trains delayed or cancelled: London’s worst train station revealed October 16, 2018 Clapham Junction has been revealed as the worst train station in London with more than half of all trains running late or being cancelled so far this year. Research conducted by Which? found that South Western, with 60 per cent of trains late or cancelled, and Southern, 58 per cent, were the worst rail operators [...]
‘Waitrose of the north’ posts £2.2m sales loss amid trading pressures October 15, 2018 Booths, the Lancashire-based supermarket chain dubbed “the Waitrose of the north” for its focus on high-quality food, posted a £2.2m loss on sales but cut its overall losses in half, its latest results revealed. The family-owned-and-operated supermarket, which has 28 stores across Lancashire, Yorkshire, Cumbria, Cheshire and Greater Manchester, saw its losses before taxation fall [...]
Like southern Europe, Britain’s stagnant regions are stuck in a monetary union trap November 28, 2018 The Economic Statistics Centre of Excellence created a bit of a stir at the end of last week with its estimates of growth in the regions of the UK. Since the recovery from the financial crisis began during 2009, London’s economy has grown by 26 per cent. At the other end of the scale, output [...]
Home-owning pipe dream edges out of sight as first-time buyers need a £53,000 income to buy a house September 27, 2018 The average income needed for a first-time buyer to jump onto the property ladder has shot up 18 per cent in the last three years, in the latest sign that the dream of homeownership is becoming increasingly distant for many young professionals. Only three out of 20 major UK cities have become more affordable [...]
Treasury under fire following allegations it had ‘influence’ over RBS GRG unit January 30, 2019 The Treasury has been accused of a “flagrant breach” of the arms-length relationship it had with RBS during the financial crisis following allegations that a Whitehall agency exerted influence over the bank’s controversial restructuring unit. On Tuesday allegations came to light via a legal claim by one of RBS’s former customers, Oliver Morley, that the [...]