Tourist tax: Lisa Nandy says Labour may ‘explore’ restoring VAT free shopping Politics Lisa Nandy has said the government “could explore” restoring VAT free shopping after hearing “very loud and clear” the calls from the industry to scrap the so-called tourist tax. The culture, media and sport secretary told Elle UK magazine that fashion was in the “soul of the nation” and ministers recognised its “centrality” to the [...]
Monzo, Starling, Zilch: The fintech IPOs that could boost London Fintech London markets have suffered a torrid couple of years, but could fintech help turn the tide? Swedish fintech Klarna marked the latest snub to the City after it announced it was pursuing a US-listing despite hopes the firm would float in London. This followed 88 companies leaving the London Stock Exchange (LSE) last year, including [...]
Sidemen: KSI-led YouTube stars rake in millions as popularity grows Media Sidemen, the British YouTube group whose most prominent member is KSI, raked in more than £7m during a bumper year, it has been revealed. Sidemen Entertainment, the company produces content for YouTube, grew its net assets to over £7m in the 12 months to 30 June, 2024. The figure has been revealed in new accounts [...]
John Lewis scraps staff bonus again despite tripling profit March 13, 2025 The John Lewis Partnership has scrapped its staff bonus for the third year in a row despite a near-tripling in profit. The company, which owns both John Lewis and Waitrose, told markets this morning that profit before tax increased from £42m to £126m over the 52 weeks to 25 January. Overall sales rose three per [...]
Evri-thing that’s wrong with parcel delivery March 11, 2025 Missed deliveries, parcels abandoned on doorsteps or sent to the wrong house – online shopping has gone from a convenience to a hassle. But why do couriers provide such bad service? Asks Emma Revell It’s not a career I ever expected to get into, but I appear to have found myself working as a parcel [...]
T100 Triathlon World Tour poaches RFU commercial chief Stuart Ramsey March 6, 2025 The T100 Triathlon World Tour has pulled off a coup by poaching the commercial director of the RFU, Stuart Ramsey, to join its board. Ramsey is expected to be confirmed as chief commercial officer of the PTO Tour, the circuit co-owned by athletes and investors including Sir Michael Moritz and Warner Bros Discovery and which [...]
Zopa doubles office footprint in move to Canary Wharf February 25, 2025 Fintech unicorn Zopa is set to double its office footprint with plans to relocate to a new headquarters in Canary Wharf. The new office, located at 20 Water Street in Canary Wharf, will span 44,000 square feet and host Zopa’s 900 current employees. The British digital bank, which was founded in 2020, said the move [...]
Tesco considers franchise of axed Post Office branches February 6, 2025 Tesco has shown an interest in acquiring a number of axed Post Office branches as part of a franchise model, according to reports. Post Office chairman Nigel Railton told a group of MPs earlier this week that the UK’s biggest grocer had expressed interest in the 108-site Crown Post Office network, according to Sky News. [...]
John Lewis misses festive sales target as turnaround falters January 31, 2025 Sales at John Lewis are reported to have fallen short over the key Christmas trading period as middle-class Brits increasingly switch to shops like Marks and Spencer. According to reports from the Daily Telegraph, sales at Waitrose similarly missed targets. The employee-owned John Lewis Partnership (JLP) blamed “lower consumer confidence and weaker than expected market confidence” for [...]
14 best women’s accessories to elevate your style game in 2025 January 21, 2025 The trend for women’s accessories in 2025 are a blend of contemporary elegance and practical design, with sustainability taking centre stage. From reversible belts to versatile bags and cosy scarves, these pieces demonstrate that thoughtful craftsmanship can elevate your personal style. These carefully curated accessories promise to add charm, sophistication, and individuality to any outfit. [...]