Fashion retailer East to cease trading in May with loss of nearly 300 jobs April 23, 2018 High Street retailer East is due to cease trading next week after administrators failed to find a buyer, City A.M. can reveal. Almost 300 employees will be made redundant when the chain stops trading on 4 May. This follows the redundancies of 27 staff after the company fell into administration in January. Administrators at FRP [...]
Revealed: The UK cities where £1m properties sell fastest June 7, 2018 Homes worth £1m or more have sold most quickly in Cambridge this year, taking only 45 days on average to secure a buyer – twice as fast as the national average According to property website Rightmove, the top five fastest selling million pound locations are all outside of London: Edinburgh and Harpenden are in [...]
Donald Trump slams Nine Elms US embassy site April 29, 2018 US President Donald Trump has hit out at the new US embassy’s South London location which he describes as “horrible”. In a speech in Michigan yesterday Trump blasted the embassy’s Nine Elms location as “horrible” and “lousy”. He criticised his predecessors George W Bush and Barack Obama for the decision to move the US embassy [...]
Season finale: Sky takeover battle to be decided by dramatic weekend auction September 20, 2018 The stage is set for the hotly-contested battle for Sky to reach a dramatic conclusion when the bidding war is decided at a quick-fire auction on Saturday. Comcast will go head-to-head with Rupert Murdoch’s 21st Century Fox and Fox’s soon-to-be owner Disney in an auction that will price Sky at a minimum of £26bn. The [...]
Season finale: Sky takeover battle to be decided by dramatic weekend auction September 20, 2018 The stage is set for the hotly-contested battle for Sky to reach a dramatic conclusion when the bidding war is decided at a quick-fire auction on Saturday. Comcast will go head-to-head with Rupert Murdoch’s 21st Century Fox and Fox’s soon-to-be owner Disney in an auction that will price Sky at a minimum of £26bn. The [...]
29 reasons not to invest in the stock market January 21, 2019 Wars, disasters, economic strife and political instability have been persistent themes over the last three decades and they can affect people’s attitude towards investing. In many cases they make an already tough decision to part with your money and invest even harder, leading some to not invest at all. Behavioural scientists have a name for [...]
Why settle? Britain can learn from copying international competitors September 17, 2018 From the record number of business startups to historically low unemployment, there are many things that the UK gets right. Indeed, a report by Forbes late last year declared that Britain would be the best country for business this year, citing technological readiness and the size and education of our workforce as key factors. But [...]
Why settle? Britain can learn from copying international competitors September 17, 2018 From the record number of business startups to historically low unemployment, there are many things that the UK gets right. Indeed, a report by Forbes late last year declared that Britain would be the best country for business this year, citing technological readiness and the size and education of our workforce as key factors. But [...]
UK housebuilder Persimmon posts £2.76bn revenue in first quarter April 25, 2018 Forward sales revenue for Persimmon was up 8 per cent in the first quarter of this year to £2.76bn, the UK housebuilder announced today ahead of its annual general meeting tonight. The company also revealed that it had sold 9,048 new homes this year, up from 8,928 over the same period last year. Average selling [...]
Stock markets sell off as economists warn trade war is unlikely to be avoided July 11, 2018 Stock markets around the world sold off today as China hit back at Donald Trump’s White House in the latest round of tariff escalation as economists warned there is little chance of averting a full trade war. China will take countermeasures against US tariffs, it warned today. The FTSE 100 fell by one per cent [...]