Silverstone chiefs admit next year’s British Grand Prix could be the last for the foreseeable future October 4, 2018 The owners of Silverstone have revealed that next year’s British Grand Prix is on track to be the last as they have still not signed a new deal after more than a year of negotiating. The admission is made in a letter sent last month by John Grant, chairman of Silverstone’s owner, the British Racing [...]
Fears of a nightmare before Christmas for UK retailers as footfall and spending dip November 13, 2017 Retail analysts fear a nightmare before Christmas for British shops as figures published today show weakness ahead of the crucial holiday spending spree. Footfall in UK retailers fell by two per cent year-on-year in October, according to figures from the British Retail Consortium (BRC) and Springboard. The decline in the number of shop visits was [...]
Capitalism needs a makeover – and employee ownership can help December 20, 2017 As the leader of the Liberal Democrats, one of my aims is to address the falling social mobility and high levels of inequality that are fuelling public discontent and frustration in twenty-first century Britain. But this doesn’t simply mean taxing the incomes of high earners, as Jeremy Corbyn’s Labour party would have it. High-earners are [...]
Last Week in the City: Trump signs order for tariffs March 9, 2018 This week US President Donald Trump signed off on new tariffs on steel and aluminium imports, Trinity Mirror revealed plans to rebrand, and the European Central Bank took a further step towards ending stimulus measures. The FTSE 100 rose 1.9 per cent over the week by mid-session on Friday. Economics China will pursue annual growth [...]
No confidence: This is how Tory MPs plan to vote in tonight’s crucial contest over Theresa May’s future as Prime Minister December 12, 2018 The number of MPs who have declared themselves either in support of or against the leadership of Prime Minister Theresa May is growing. Here's who has said what so far. A vote of no confidence was triggered this morning, after more than 48 MPs sent in letters to Sir Graham Brady who controls the process. The [...]
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 [...]
We must turn the page on the public perceptions of finance November 1, 2018 A company needs to stand for something more than making money. Sustainability matters more than profit. The mission should be a lasting contribution to society that finds a balance between all stakeholders. Those aren’t the words of a pious left-wing hand-wringer but of John McFarlane, chairman of Barclays, in an anthology of writing published this week [...]
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 [...]