Historic Savile Row men’s tailor goes into administration January 9, 2019 Renowned Savile Row men’s tailor Hardy Amies has gone into administration for the second time in just over a decade. The historic fashion house, which was started by the Queen’s former dressmaker, is touting for buyers over its UK operations after “trading at a loss for some time”, its administrators said today. Menzies are urging [...]
Why London’s highest earners want to change jobs in 2019 January 9, 2019 Nearly a third of London's high earners plan to change jobs in 2019, according to new research released today. Many workers in the capital earning over £75,000 a year before bonuses admitted they were unhappy at work in 2018, with 32 per cent planning on changing jobs in the new year, a survey found. Read more: [...]
Will this be a year for investors to fear? January 9, 2019 A new year always offers the chance of a reset, of evolved thoughts, ideas and insights. Even though many will be pleased to see the back of 2018, numerous investors are beginning this year with new concerns: an oncoming recession. This fear seems suddenly rampant among many of my colleagues in the industry. But these fears [...]
Aisle be damned: The knives are out for big UK grocers January 9, 2019 Aldi and Lidl’s tills jingled all the way in December – handing them their highest-ever combined market share for the festive season, data from Kantar Worldpanel showed this week. All the major supermarkets lost market share in the 12 weeks to 30 December as Aldi’s sales jumped 10.4 per cent while Lidl’s were up 9.4 [...]
Boohoo broke rules by advertising real fur as fake, ASA says January 9, 2019 Boohoo has been warned by the Advertising Standards Agency (ASA) after the online retailer was caught advertising a product containing real fur as faux fur. Humane Society International (HSI), which submitted the complaint, claimed that pom poms on a jumper sold by the site contained real fur, rather than fake fur as advertised. Read more: [...]
European private equity deal value rises while UK falls behind January 9, 2019 Private equity deal value increased across Europe last year, except in the UK where value was 34 per cent lower than in 2017. Large cap deals dropped in the UK, bucking the trend for the rest of the continent, as bigger businessesfelt more vulnerable to Brexit uncertainty, analysts said. The value of European private equity deals hit [...]
John Bercow blasted by Tory Brexiters as Theresa May suffers another defeat January 9, 2019 Theresa May suffered yet another defeat over Brexit on Wednesday after a furious row erupted between Tory MPs and Commons Speaker John Bercow. Bercow was accused of not being impartial after accepting an amendment which would force the government to publish its Brexit ‘plan B’ within three days of a defeat on its deal, not [...]
Tory MP Craig Mackinlay cleared of falsifying election expenses January 9, 2019 The Conservative MP for South Thanet who denied Nigel Farage election victory in 2015 has been cleared of falsifying election expenses. Craig Mackinlay faced two charges of making a false election expenses declaration under the Representation of the People Act, while election aide Marion Little was charged with three counts of aiding and abetting Mackinlay and his election manager, [...]
Amazon boss Jeff Bezos and wife MacKenzie announce divorce January 9, 2019 Amazon chief executive Jeff Bezos and his wife MacKenzie Bezos, a novelist, have decided to divorce after a long trial separation. Read more: Apple loses crown as world's most valuable company In a joint statement on Twitter, the pair – who have been married for 25 years – said: “after a long period of loving [...]
Qualcomm says Apple chief Cook’s comments are ‘misleading’ January 9, 2019 Chipmaker Qualcomm has today accused Apple's chief executive Tim Cook of making 'misleading' comments, after the tech boss claimed settlement talks between the two rowing companies ended in September. Qualcomm and Apple have been embroiled in several ongoing lawsuits surrounding hardware patents for the chips in Apple's iPhone and other products, which Qualcomm argues infringe [...]