Climate catastrophising risks shutting down vital debate July 9, 2019 In April, the cry of climate catastrophe seized the political agenda. A trinity of David Attenborough documentaries, Greta Thunberg-inspired school strikes, and Extinction Rebellion protests took over both traditional and social media. It was the only subject driving the zombie government’s agenda forward when, Trump-like, environment secretary Michael Gove watched Blue Planet 2 and tweeted [...]
American brand Under Armour in talks to buy French Connection Oxford Street store January 29, 2017 American sportswear brand Under Armour is reportedly in talks to take over French Connection's flagship London store on Oxford Street. British retailer French Connection has been seeking a sale of the building as part of a turnaround plan, according to The Sunday Telegraph. The troubled retailer has been under pressure from activist investors to change [...]
What is a CVA? Insolvency process used by House of Fraser, Carluccio’s, Mothercare and more June 7, 2018 What is a CVA? A company voluntary arrangement (CVA) is a type of insolvency process used to pay creditors over a fixed period. It means a company may not have to pay back all of its debts. Unlike going into administration, the company does not fall into the hands of a third party. Instead, an [...]
London beats New York as top real estate investment destination for Norway’s massive sovereign wealth fund March 13, 2018 London has overtaken New York as the top real estate investment spot for Norway's massive $1 trillion (£715bn) sovereign wealth fund. The fund, which is one of the biggest investors in the UK and co-owns Regent Street, bought almost £200m worth of London property last year in partnership with the Queen's Crown Estate. These included [...]
Debenhams profit drops 84.6 per cent and CFO leaves for greener pastures April 19, 2018 Debenhams announced a dramatic drop in profits this morning, while its finance chief departed the company for a position at Selfridges. But chief executive Sergio Bucher insisted that the retilaer is on the right track to return to profitable growth. Shares in the company were down as much as 12.6 per cent in early trading [...]
Campaigning against climate change doesn’t make you above the law April 18, 2019 UNTIL this week, the anti-climate change activist group Extinction Rebellion had hardly been a household name. Its various activities, like pouring fake blood onto Downing Street and stripping semi-naked during a session of the House of Commons, had been received with the sort of good humour that the British people always reserve for righteous causes [...]
New builds on sale in London this weekend April 13, 2018 New developments on the market this week Filmworks, Ealing From £524,950 Film fans may be interested in these homes going on sale tomorrow next to the UK’s oldest purpose-built film studio. Oscar contenders The Imitation Game and The Theory of Everything were both shot at Ealing Studios, and now 209 studio to three bedroom apartments [...]
“Altercation” on Oxford Circus Tube platform to blame for terrorism scare, says Met, as search begins for two men November 25, 2017 British Transport Police (BTP) have said they believe an “altercation” between two men on an Oxford Circus station Tube platform was to blame for a terrorism scare last night. Read more: Police are reopening stations with “no evidence” of shots fired on London’s Oxford Street, after armed police attended an incident Armed officers from BTP [...]
Economists warn Theresa May’s departure makes no-deal Brexit more likely May 24, 2019 The departure of Prime Minister Theresa May ramps up the chances of Britain crashing out of the European Union without a deal, economists have warned following the PM’s speech confirming her resignation. Read more: Theresa May to resign as Conservative party leader on 7 June May announced that she would resign from the post on [...]
JD Sports is opening another megastore on Oxford Street November 21, 2016 JD Sports is opening another megastore on Oxford Street just in time for the busy Christmas period. The 16,000 sq ft store will open at the West One shopping centre on 10 December and is the brand's second shop on Oxford Street. JD Sports said the new store will create 125 jobs. The sports retailer is [...]