Selfridges defies high street turmoil with sparkling Christmas sales January 7, 2019 While other retailers look set to report miserable Christmas trading periods, Selfridges has posted record-breaking results over the festive period. The luxury department store best known for its flagship Oxford Street store bucked the trend of decline on Britain’s high streets with an eight per cent sales boost across its physical and online business in [...]
Sir Philip Green makes bid to slash retail empire’s business rate bill June 2, 2019 Sir Philip Green is launching an audacious bid to slash the amount his retail empire pays in business rates, in a move likely to trigger fresh controversy around the embattled tycoon. Sources have warned that, if implemented, the demands made by Green’s Arcadia group not to pay some of its business rate bills until April next [...]
‘Banksy artwork’ appears at Marble Arch after two weeks of Extinction Rebellion protests April 26, 2019 Artwork believed to be the work of Banksy has appeared overnight at one of the major sites of the last fortnight’s climate change protests. Read more: Climate protesters blockade Treasury in action against finance sector The image in Marble Arch depicts a child in a headscarf holding a placard with the symbol of protest organisers [...]
Pound off to a good start ahead of this week’s Budget March 1, 2021 The pound has got off to a positive start ahead of this week’s budget as optimism over the vaccine rollout, which passed the 20m at the weekend, fostered hopes for an economic rebound that is likely to be much faster than its peers in Europe. Moreover, with the UK budget only two days away, mortgage [...]
Climate change protests: 122 arrests as Extinction Rebellion’s London shutdown continues April 16, 2019 More than 120 protesters have been arrested during the ongoing anti-climate change demonstrations that have brought central London to a standstill. The Met confirmed that 122 arrests have been made at the Extinction Rebellion protests since they began at 1pm yesterday, with the majority of people arrested for obstructing the Waterloo Bridge last night. Read more: [...]
Revealed: Mayor’s plans to pedestrianise London’s Oxford Street next year November 6, 2017 Radical plans to pedestrianise Oxford Street are set to get underway next year to provide a traffic-free space in central London in time for the full launch of Elizabeth Line services. London mayor Sadiq Khan and the deputy leader of Westminster City Council Robert Davis, announced the plans this morning to banish buses and black [...]
Tower Hamlets removes Docklands statue of slave trader June 9, 2020 A statue of Robert Milligan, an 18th century slave trader, was being removed from its plinth outside a London museum today after officials decided it was no longer acceptable to the local community. The previously obscure statue, which stood in front of the Museum of London Docklands, came into focus after demonstrators taking part in [...]
Confusion reigns as Sports Direct delays annual results again July 26, 2019 Sports Direct’s share price fell this morning as it delayed the release of its annual results ahead of today’s annual general meeting with shareholders. Billionaire Mike Ashley was due to release results for his company at 7am ahead of the London Stock Exchange’s open at 8am. Read more: Sports Direct shares plunge as it delays [...]
Markets live: FTSE 100 and US stocks soar as vaccine optimism builds July 15, 2020 The FTSE 100 doubled its gains on Wednesday as investor optimism about a coronavirus vaccine grew stronger, also fuelling US and European stocks. London’s blue-chip index climbed as high as 6,241 as it opened trading this morning, following positive trial results of a Moderna vaccine. By 1.30pm the FTSE 100 was up 2.07 per cent [...]
Big Pharma: How much will companies make off their Covid vaccines this year? April 7, 2021 There’s money to be made in vaccines. Before the pandemic, US pharmaceutical firm Moderna had never made a profit and employed just 830 staff. This morning, its $30-a-dose Covid vaccine was administered to the first patient in the UK, after widespread distribution across the States. On the same day, Stéphane Bancel, the French chief executive [...]