Dear Diary: Moleskine wants to win the TikTok generation with notebook vending machines October 18, 2022 Beloved by wordsmiths across the globe, Moleskine notebooks are based on the black books of Parisian cafes in the 19th century – where artists would meet up over a glass or three of wine to share notes and experiences. But the firm’s boss is not looking back today – Daniela Riccardi’s eyes are very much on tomorrow’s [...]
‘How dare they?’: Klarna chief hits back at critics of Deliveroo deal October 18, 2022 The UK chief of buy-now pay-later firm Klarna has mounted a defence of the firm’s tie-up with Deliveroo today after claims from debt campaigners that the deal will plunge struggling Brits into debt.
Khan: Crossrail’s Bond Street station can revitalise “tired” parts of Oxford Street October 18, 2022 London Mayor Sadiq Khan has said the opening of Bond Street’s Elizabeth Line station next week will help revitalise a “tired” part of Oxford Street – and keep big-ticket retailers in the West End. The station is the last of the Crossrail stations to open, having been delayed due to the complexity of the build. [...]
Khan: Tourist tax-free shopping u-turn bad for London’s businesses October 18, 2022 Sadiq Khan has slammed the government’s decision to u-turn on a plan to give tourists tax-free shopping. The Mayor of London said he “absolutely” shared the concerns of West End businesses, who have expressed disappointment that the capital will lag behind other cities’ in efforts to welcome high-spending foreign visitors. “VAT-free shopping for international tourists [...]
Cleverly summons China’s deputy ambassador after consulate protester beaten October 18, 2022 Foreign secretary James Cleverly has summoned China’s deputy ambassador to the UK, after a pro-Hong Kong democracy protester was beaten outside the country’s consulate in Manchester. Greater Manchester Police said a protester was on Sunday dragged into the Chinese consulate by its staff and beaten, sparking serious freedom of speech concerns within the UK government. [...]
Half-term boom: Stansted expects 400,000 departures October 18, 2022 Over 400,000 people are expected to fly from Stansted during the October half-term, according to forecasts released today. Stansted has predicted that more than 800,0000 passengers will pass through its gates between 21 and 30 October, with Friday 21 being the busiest day. This is up on last year’s levels as 500,000 passengers were reported [...]
Exclusive: Government must offer more subsidies to meet green hydrogen goals October 18, 2022 Government instability and a less attractive investment climate make the UK less appealing for hydrogen projects, warns ATOME Energy.
Goldman Sachs profits trimmed by sluggish deal making October 18, 2022 A sharp slowdown in deal making activity caused by the weakening global economic environment has squeezed investment banking giant Goldman Sachs’s profits, the firm announced today. Net earning applicable to common shareholders at Goldman over the three months to September fell to $2.96bn (£2.62bn). That is nearly half the $5.28bn (£4.67bn) notched by the Wall [...]
Chair of defence committee says RAF vets who train Chinese pilots should ‘lose British citizenship’ October 18, 2022 The Tory chair of the Commons defence committee has called for RAF veterans to lose their citizenship if they train Chinese pilots. Tobias Ellwood made the comments on social media this morning just days after it was reported up to 30 former pilots have been lured to Beijing with large payments. Following reports, the UK [...]
Asda to open Express convenience stores in bid to gain market share October 18, 2022 Asda will open its first convenience stores this winter, as the supermarket hopes to appeal to more shoppers on the go. The first Asda Express store will open in Sutton Coldfield next month, followed by a store in Tottenham Hale in December. Some 30 more stores will be rolled out across 2023, in a scheme [...]
