Versace owner Capri snapped up by Coach’s Tapestry in £6.6bn mega-deal to challenge LVMH August 11, 2023 Tapestry, the American fashion giant behind luxury brands such as Coach and Kate Spade, has agreed to buy Capri the owners of designer Versace in a $8.5bn (£6.6bn) deal. The merger will form a larger fashion conglomerate which will rival the likes of LVMH, the multibillion pound business behind designers such as Louis Vuitton and [...]
‘Meet Wuxi in London: New Development, New Cooperation’ Investment Briefing and Exchange Conference Held August 11, 2023 | Sponsored The Wuxi (London) Investment Promotion Conference took place in London on the 9th, where representatives from various sectors in China and the UK gathered to discuss cooperative opportunities and witness the signing of multiple significant projects. Concurrently, the exhibition themed “Encounter Wuxi” was inaugurated in London, running for a duration of five days. In her [...]
Heathrow Airport: Damp July weather sends 7.6 million Brits jet-setting in search of sun August 11, 2023 Some 7.6 million jet-setters flocked to Heathrow Airport in July as damp weather sent Brits searching for summer sun. New figures from London’s biggest airport shows that while they still remain below pre-pandemic levels, demand for international travel is picking up. Over 73,000 passengers flew to Turkey in July, the busiest month ever for the [...]
Car insurance premiums hit highest levels since records began August 11, 2023 Motor insurance premiums have soared to their highest levels since records began, according to research from the Association of British Insurers (ABI). Over the last year, the average price paid for car insurance rose 21 per cent to £511, the highest since the ABI began collecting data in 2012. The ABI said that “sustained cost [...]
Drax given biomass boost but support comes with strings attached August 10, 2023 Drax has received a fresh boost for its biomass ambitions with the government committing to continued support for the industry.
North and West London faces ‘bus standstill’ as workers vote on strike action August 10, 2023 North and West London’s bus network could grind to a halt this autumn, the Unite Union has warned, as hundreds of workers are to be balloted for strikes in an ongoing dispute over pay. 500 employees French-owned operator RATP in London will vote over the next month on whether to launch a campaign of industrial [...]
Online travel agents urge government to investigate Ryanair over ‘invasive’ booking system August 10, 2023 A coalition of Europe’s largest online travel agents has called on UK regulators to urgently investigate potential “infringements of customers’ data privacy rights” by Ryanair, escalating a long-running row between the groups. In a letter addressed to the CMA, CAA and ICO, companies including Expedia Group, On the Beach and Skyscanner argued that Ryanair’s verification [...]
Savills’ share price tumbles as estate agent warns over health of housing market August 10, 2023 Savills’ share price has plummeted after the estate agent blamed “obvious challenges” in the housing market for slumping revenues in the first half of the year. As rising mortgage rates knocked buyer confidence, the real estate advisor said group profit before tax fell to a weak £6.0m in the first six months of the year [...]
La Cage Aux Folles, Regent’s Park, review: Blisteringly smart, this is the show of the summer August 10, 2023 La Cage aux Folles review and star rating: ★★★★★ Blimey. I want this all over again, and then again some more! The Regent’s Park Open Air Theatre’s new production of La Cage aux Folles is a blistering hit, two-and-a-half hours of raucous cabaret that conveys the punkish energy of the artform while also feeling utterly [...]
Bitcoin takes a peek above $30k while the SEC appeals Ripple ruling August 10, 2023 Bitcoin is trading for around $29.5k after a short-lived breach of the $30k level, yesterday, while ETH continues in the $1.8k range.