One of our own: Rachel Reeves’ journey from the City to the top of Labour politics December 10, 2021 Rachel Reeves looks comfortable in the palatial settings of 1 Lombard Street as she settles down to a gin and tonic, garnished with a slice of grapefruit. The shadow chancellor is is a formidable force in the House of Commons – a Labour staffer described her as “un-chill, but in a very good way” – [...]
Pizza Express closures: A list of all 73 affected restaurants August 19, 2020 Pizza Express is closing 73 restaurants with 1,100 jobs at risk after its business was hit by the coronavirus lockdown. The casual dining chain, which struggled with a debt pile of over £1bn thanks to a series of private equity buyouts, made the cuts as part of a company voluntary arrangement (CVA) with creditors. The [...]
BHS buyer Dominic Chappell banned from directorships for 10 years November 5, 2019 Dominic Chappell, the businessman who bought BHS from Sir Philip Green for £1 a year before the company collapsed with 11,000 jobs lost, has been barred from serving as a company director for ten years. Sky News first reported today that the Insolvency Service had handed the the three-time bankrupt the decade-long ban. Read more: [...]
FTSE 100 off to strong start to 2021 but Wall Street slips from record highs January 4, 2021 The FTSE 100 got the year off to a strong start today, bursting through the 6,600 point mark this morning, before closing the day up 1.8 per cent. However, Wall Street slipped back from record highs as the world’s markets got 2021 off to a fast start. In the first session of the new year [...]
Sir Philip Green’s Arcadia reveals huge losses amid CVA controversy September 6, 2019 Arcadia, Sir Philip Green’s high street empire, plunged into huge losses last year before it launched a controversial restructuring drive, new accounts have shown. The group reported an operating loss of £138m for the year ending 1 September 2018, a sharp decline on the £119m operating profit it made the previous year, according to documents [...]
Kill the Bill protestors rally across London April 3, 2021 Protesters rallied across central London today against a policing bill that could see officers handed sweeping powers to curb the right to protest. Demonstrators flocked to Trafalgar Square, Hyde Park and Westminster this afternoon following marches in Finsbury Park last night, in what has been dubbed a National Week of Action against the new proposals. [...]
What does Extinction Rebellion actually want? August 31, 2021 Last week was a busy one for climate activists Extinction Rebellion. A series of non-violent but obstructionist protests saw them block first Seven Dials then Oxford Circus with a giant table representing an offer to “come to the table” to discuss fossil fuels. They also had chairs, as if the symbology were not heavy-handed enough, [...]
Vaccine success study means jabs should be the only ‘test’ for UK unlocking February 22, 2021 Ah, Bonnie Scotland. You’re almost forgiven for the Six Nations. A new study of the entire Scottish population released this morning presents the best news of the year so far. Long story short, the risk of hospitalisation as a result of Covid-19, four weeks after a vaccine dose, falls by either 85 per cent (Pfizer) [...]
Priti Patel deflects blame for UK’s death toll onto scientists January 20, 2021 Home secretary Priti Patel has tried to shift blame for the UK’s world-leading Covid death rate onto government scientists. When questioned today about why the UK’s death rate was so high she said “there was no one reason”, before saying “government has listened to a range of advice, and followed advice, from professionals and advisers, medical, scientific, [...]
Swingers crazy golf opens second site in former BHS on Oxford Street March 16, 2018 The former flagship site of collapsed retailer BHS on Oxford Street has gained another tenant in the form of crazy golf operator Swingers. The building is already host to Reserved, Poland's answer to H&M opened on the ground floor of the site last year. It will now be joined by Swingers on the first floor, [...]