Rory Stewart: The mayoral candidate in need of a London story October 28, 2019 It might feel like a lifetime ago, but turn the clock back to the summer and for a brief moment it felt as if the Conservative party could be about to anoint Rory Stewart as Prime Minister. The dark horse candidate, who stood on a ticket of soft Brexit – code for being “anyone but [...]
Mountain Warehouse eyes store expansion as profits jump May 31, 2019 Outdoor clothing group Mountain Warehouse is eyeing an expansion on the high street this year after reporting today a double-digit rise in annual pre-tax profits and sales. The retailer, which currently runs 350 stores and employs 3,500 staff, is planning to open a further 50 stores this year, including roughly 20 in the UK, following [...]
Microsoft and Oracle team up to take on Amazon Web Services June 5, 2019 Microsoft and Oracle will connect their cloud services in an effort to woo big businesses and take on market leader Amazon Web Services (AWS). The combined service will enable users to connect Oracle’s autonomous databases with Microsoft services, such as Azure analytics and artificial intelligence. The new high-speed link between the two company’s data centres [...]
Global markets recoil and China warns of retaliation after Trump trade war threat August 2, 2019 Stock markets around the world have fallen after a sharp escalation in the United States’ trade war with China. Indices in the US fell after the open, amid fears of an economic slowdown if President Donald Trump follows through on his threat to impose a further 10 per cent tariff on $300bn worth of Chinese [...]
Universally Challenged: Oxford University turns on under-fire Chinese tech giant Huawei January 17, 2019 Oxford University said last night it was suspending donations from Huawei following widespread concern over the Chinese tech firm’s practices. The university said it had decided on 8 January that it will “not pursue” new funding opportunities with the firm “at present". “Huawei has been notified of the decision, which the university will keep under review. [...]
Is your house killing you? Why some people think paint, carpets and furniture could be poisonous October 31, 2019 Think back to the last time you redecorated a room. Did you paint a wall? Lay a new carpet? Buy a shelving unit with a Swedish-sounding name? According to some housebuilders, architects and designers, all of these things could be making you ill. They say that many common types of paint, carpets, flooring, kitchen and [...]
London Fashion Week to bring £600m of sales to the West End February 15, 2019 London Fashion Week is expected to bring a £600m windfall to the West End, in what is set to be a crucial boon for the capital’s shopping district at a time on mounting pressure for its retailers. A combination of fashion fans and foreign tourists are set to descend on the West End during February [...]
Takeover titan and Blackstone boss Steve Schwarzman talks charity, business and life advice October 14, 2019 Private equity does not have a reputation for giving away money: on the contrary, it is an industry known for its hard-headed obsession with turning a profit though buying companies and selling them on. So it comes as something of a surprise to find that the boss of the world’s biggest private equity company, Steve [...]
Brexit march London 2019: Londoners warned to avoid key Tube stations March 22, 2019 Transport for London (TfL) has warned commuters to avoid 13 key Tube stations across the capital ahead of tomorrow's People's Vote Brexit march. Londoners were warned to expect "extremely busy" stations and London Underground during Saturday's Put it to the People march, which hundreds of thousands of protesters are expected to take part in. Read more: Tusk says 'anything possible' [...]
Crossrail hands over Soho Place site to Derwent London for retail revamp and new West End theatre over Tottenham Court Road station January 17, 2018 Crossrail has handed over a West End site to developer Derwent London for work to get underway to develop a major £260m project over Tottenham Court Road station encompassing offices, retail and a new theatre. Crossrail land and property director, Ian Lindsay, said: This is the first Crossrail site to be handed over for full [...]