New route for employers to offload retirement plans as UK’s first pension ‘superfund’ deal gets approved November 6, 2023 The UK’s first commercial pension “superfund” deal was cleared by the UK regulators on Monday, opening a new route for employers.
Future of Selfridges in question as co-owner hit by cash crunch November 5, 2023 Shareholders on Friday ousted the Signa's chairman Rene Benko, who is fighting for control over his £20bn empire amid a cash crunch.
Topshop on the block: Meet the runners and riders… October 30, 2023 Asos bought Topshop and a number of its sister brands such as Topman and Miss Selfridges for £265m back in 2021 after Arcadia plunged into administration.
Could Asos be set to offload Topshop? October 28, 2023 Asos, the ailing online fashion retailer, is exploring a sale of Topshop, less than three years after it acquired the high street brand from Philip Green’s collapsed Arcadia empire. Notice of the sale could be announced as soon as Wednesday in conjunction with the digital retailers full year results, which Asos said have been pushed [...]
Selfridges losses narrow amid calls for return to VAT-free shopping October 11, 2023 The net loss for the year was £38.9m a stark improvement from an £83.9m dip it posted in the same period last year.
John Lewis boss: Fix high street or risk “looting grounds” in city centres September 11, 2023 A lack of attention will see "embolden shoplifters and organised gangs" take over the high street, Sharon White reckons
Tourist tax means UK is missing out on £1bn ‘Brexit boost’, MPs warn September 7, 2023 Britain is missing out on a £1bn pound “Brexit boost” for as long as it fails to reinstate VAT-free shopping for international tourists, MPs have warned.
M&S launches legal challenge after Gove blocks Oxford Street store revamp August 31, 2023 Marks and Spencer has launched a legal challenge against the government’s decision to reject the supermarket’s plan to revamp its Marble Arch store. The high street stalwart has accused Secretary of State for Levelling Up, Housing and Communities, Michael Gove, of unfairly applying planning policy to block the redesign of its flagship store. “We [...]
Faberge boss eggs on UK to bring back tax-free shopping to lure back wealthy tourists August 3, 2023 The boss of Faberge has joined calls for the UK to scrap the so-called ‘tourist tax’, which a new study has claimed is costing the UK over £10bn a year. Faberge chief Anthony Lindsay has urged for the return of tax-free shopping after a recent study by the Centre for Economics and Business Research (CEBR) [...]
5 amazing things to do in London this weekend July 21, 2023 Whatever your vibe, here are some amazing things to do in London this weekend, whether you’ll be cheering on England in the World Cup or dancing at a music festival. IT’S THE WOMEN’S WORLD CUP! The Women’s World Cup kicks off today, but England aren’t playing until 10.30am on Saturday morning. It’s a bit early [...]