John Lewis’ sales growth slowed after the UK voted to leave the European Union July 5, 2016 John Lewis' sales growth slowed down in the week after the UK voted to leave the European Union, according to figures released by the company today. The department store's sales were 2.1 per cent higher than a year ago, at £90.8m, having climbed 7.3 per cent the week before when it started its summer sale. The [...]
John Lewis aims to capture Modern Rarity with luxury designer brand June 16, 2016 John Lewis has created its first ever luxury womenswear label in a bid to offer its customers “fewer, better pieces”. Called “Modern Rarity”, the label aims to position wardrobe staples like trousers, sweaters, coats and bags as unique pieces. Every season, the label will take a “fresh look” at women’s clothing trends and will create [...]
Interiors: Weather-proof furniture ideas to decorate terraces, patios and balconies for the British summertime May 22, 2017 This year, the outdoor room comes of age. Not just a Big Green Egg and some deckchairs, but a full-blown lounge, as if we lived in Palm Springs. Just as we now love to bring the outside in we are discovering that a raft of technical innovations mean we can bring the inside out. The [...]
Star former Barclays trader convicted of Euribor rate rigging | City A.M. July 12, 2018 A former Barclays star trader has been found guilty of rigging the Euribor rate while the jury failed to reach a verdict on three other traders today. Former Barclays trader Philippe Moryoussef was found guilty of conspiracy to defraud on June 29. Deutsche Bank trader Achim Kraemer was earlier found not guilty of the same [...]
Playtech shareholders revolt against boss’s 67 per cent pay rise to £1m, while asset manager Jupiter sees a small outcry May 16, 2018 Betting and online gaming software company Playtech saw the odds fall against it this afternoon, as shareholders refused to approve a remuneration report which signed off a 67 per cent pay rise to its boss. Chief executive Mor Weizer saw his base salary rise to £1m over the course of 2017, after shareholders voted down [...]
Brexit deal live: UK would vote to remain in EU in a second referendum January 17, 2019 Hello and welcome to our Brexit vote live blog. Stay tuned for reaction to Labour's no confidence vote yesterday, after Theresa May's Brexit deal slumped to a historic defeat in parliament on Tuesday night. Please manually refresh this page for the latest updates What you need to know: The Prime Minister’s deal was defeated by [...]
Guess which British stalwart has just been named the UK’s favourite brand again February 27, 2017 British Airways may have hit some turbulence thanks to the weak pound, but when it comes to its brand value, the airline is sailing smoothly on, after it topped a ranking of the UK's favourite brands – again. It's the fourth year in a row BA has topped the Superbrands index, an annual survey of consumers' views [...]
Lewis Hamilton interview: How the most decorated British racing driver in history, may be about to swap the track for the runway July 5, 2018 I find Lewis Hamilton quietly thumbing through a sheaf of technical sketches. But he’s not in a pit garage or race car factory perusing the work of aerodynamicists – he’s in Tommy Hilfiger’s Knightsbridge studio, studying pictures of sneakers. Just as he gives his Mercedes crew feedback, demanding different damper settings or more wing, he’s [...]
England World Cup 2018 squad confirmed: Gareth Southgate names Trent Alexander-Arnold and Ruben Loftus-Cheek in 23-man squad May 16, 2018 England manager Gareth Southgate has called up uncapped Liverpool youngster Trent Alexander-Arnold to his squad for the 2018 World Cup in Russia. Elsewhere, their were few surprises in the final 23-man squad selected for the tournament. Southgate’s commitment to youth was further underlined in the selection of Chelsea’s Ruben Loftus-Cheek in midfield who was chosen [...]
Shoppers spent £133bn online last year, but the internet is hitting margins January 17, 2017 UK retailers raked in £133bn online last year as the internet's importance for the retail industry continued to grow. Research from IMRG and Capgemini shows that shoppers spent £18bn more online in 2016 than they did the year before, a growth of 16 per cent. Read more: John Lewis will cut staff bonus as profit comes [...]