2,100 jobs could go as Marks & Spencer close 53 international stores and 30 in the UK November 8, 2016 Marks & Spencer will consult with 2,100 staff in its international stores as it seeks to close 53 unprofitable branches overseas, it was announced this morning. In a bold move new chief executive Steve Rowe, who came into the top job in April, said 30 clothing and homeware shops in the UK will also be shut over the next [...]
Property of the Week: Penthouse designed by Stirling Prize winning architects is “the jewel in the crown” of Millbank development November 8, 2016 A penthouse that’s nestled in between Vauxhall Bridge and Tate Britain went on sale on this week, with a guide price of £25m. The duplex is sits at the apex of a curvy riverside building that’s been designed by architectural firm Stanton Williams, which won the RIBA Stirling Prize in 2012 for its Sainsbury Laboratory. [...]
Opinion: Berlin estate agent says there’s been a sharp increase in Brits buying post-Brexit November 8, 2016 The UK’s referendum decision to leave the EU sent a shockwave across the entire world, which has been illustrated by the mini-crash of the pound since the result was announced. In terms of the wider fallouts and effects of the UK’s departure, we must continue to wait and see how the UK aligns and positions [...]
Audi TT RS review: Ferociously fast and deeply desirable, the new Audi TT RS is a potent package November 8, 2016 A hotted-up hatchback for hairdressers or a half-price Audi R8? The TT RS splits opinion, at least as far as preconceptions are concerned. In reality, the flagship TT is a serious rival for the Porsche Cayman and, on paper at least, every inch the junior supercar. One figure in particular stands out: 3.7 seconds. That’s [...]
“There truly is no god”: How social media reacted to the Toblerone tragedy November 8, 2016 Fans of the popular nutty, triangle-shaped chocolate bar Toblerone are bitterly disappointed after the company revealed a change to its design. Mondelez International, who makes the product, has increased the gaps between the triangles to reduce the weight of two of its bars in the UK. This is not OK, fans say. This tragedy has not [...]
Toblerone bars in the UK have changed shape and no one is happy about it November 8, 2016 Fans of the Toblerone are bitterly disappointed after the company revealed a change to the shape and size of its popular chocolate bar. Mondelez International, who makes the product, has increased the gaps between the triangles to reduce the weight of two of its bars in the UK. It claims this is due to a rise in [...]
Construction begins on Europe’s tallest modular residential block November 8, 2016 Work has begun on Europe's tallest modular residential tower block, the latest innovation scheme to help combat London's housing crisis. The 26-storey tower will be built in Mapleton Crescent in Wandsworth, and is constructed entirely from modular units – compact flats assembled in factories before being installed with cranes. Read more: How innovation is transforming the property industry The 89-unit [...]
Auction house Sotheby’s reports $54.5m loss in last quarter November 7, 2016 Sotheby's reported a $54.5m (£43.5m) loss in the third quarter, compared to $17.9m (£14.4m) the same period a year ago. The auction house said that they expected the poor results, and put down the huge losses to changes in the dates of the summer art sales. The results The company posted a net loss of $54.5m, [...]
Lewis Hamilton on hanging out with Tom Cruise, getting advice from Kanye West and staying up late – then killing it on the track November 7, 2016 "I’m very much an outsider,” says Lewis Hamilton. We’re cruising around east London in the back of a pearlescent white Maybach, when I put it to him that he’s different to the other drivers in Formula One. He dresses differently, acts differently, hangs out with a different entourage; he’s the only driver who could be [...]
This Arizona town will let you play out your cowboy fantasy: Ride bulls, wear cool hats, walk into a saloon and have the music suddenly stop playing, the works November 4, 2016 They say “all sunshine makes a desert.” But in Arizona (299 sunny days per year; average temp 24 degrees celsius) I don’t hear anyone complaining. In fact, this state is booming, with capital Phoenix now one of the fastest growing metro areas in the US. Scottsdale, a wealthy destination town in the northeast of the [...]