John Lewis is set to create a new restaurant August 11, 2013 JOHN Lewis is poised to launch a new restaurant concept in a move to diversify its catering range and attract more customers into its department stores. Chief executive Andy Street said while John Lewis’ restaurants and cafeterias were profitable and provided good quality, “middle of the road” food, they were not “cutting edge” brands. [...]
East Oxford Street prepares for major high street regeneration October 30, 2012 THE ARRIVAL of Crossrail and the regeneration of Tottenham Court Road is set to double spending growth in the area by £448m over the next 12 years, according to a report commissioned by the New West End Company. The east end of Oxford Street has struggled over the years to shake off its image as [...]
East Oxford Street prepares for major high street regeneration October 30, 2012 THE ARRIVAL of Crossrail and the regeneration of Tottenham Court Road is set to double spending growth in the area by £448m over the next 12 years, according to a report commissioned by the New West End Company. The east end of Oxford Street has struggled over the years to shake off its image as [...]
New tenant for British Land’s Cheesegrater January 28, 2014 BRITISH Land said yesterday it has secured another tenant at the Cheesegrater skyscraper as the property giant reported growing demand for London office space. Australian serviced office provider Servcorp has signed a deal to take the whole of the 30th floor of British Land and Oxford Properties’ development on Leadenhall Street, which is due to [...]
Sport Comment: Don’t write off steady Gunners for the title August 11, 2013 YOU ARE carrying a shopping bag along a road near Oxford Street and Jose Mourinho is coming towards you. It is eight years ago and Chelsea have just won the title for the first time in six decades. Boldly you stop and congratulate him. He smiles graciously and asks what is in the bag. You [...]
Blown away by Dorset October 13, 2013 Head to a hotel on the south coast for wholesome activites, fresh salty air and inexpensive fine dining OF ALL the pastimes that governments enjoy, most involve splashing our cash around, telling us what to do, and chucking in a dose of mild nationalism to make it seem a bit more palatable. Little surprise, then, [...]
Total overhaul of Carney’s top level executives March 18, 2014 MORE than a dozen top staff at the Bank of England will be reshuffled into new or radically changed jobs this summer, the Bank said yesterday, with around 10 more senior positions still to be filled. A new deputy governor has been appointed for markets and banking, a position which did not exist previously and comes [...]
How Bank of England heavyweights criticised their own policy, 20 years early January 17, 2014 It's taken the Bank of England four years to get inflation back to target – but many think the Monetary Policy Committee is looking in the wrong place entirely. In fact, the committee's own members seem to have agreed. A comment at the market monetarist blog Britmouse documents how members of the Bank of England's [...]
Primark is wise to remain offline April 26, 2013 SO many retailers have been trumpeting their online success in recent weeks – with the internet now more profitable than the high street for Debenhams, and John Lewis’ annual website sales topping £1bn – that it’s something of a surprise to be presented with old-fashioned bricks and mortar success. But that’s what Primark delivered yesterday, [...]
What the other papers say this morning – 13 December 2013 December 12, 2013 FINANCIAL TIMES Bitcoin start-up fundraises $25m A Silicon Valley company that allows speculators and merchants to trade Bitcoin has raised $25m (£15.3m) in venture capital funding in the largest investment so far in a virtual currency business. As a result of the deal, San Francisco-based Coinbase will have two of the most prominent venture capitalists [...]