Wilko shakes up rent payments as it eyes cashflow ahead of Christmas September 11, 2022 High street giant Wilko is shaking up its rent payments schedule in a bid to conserve cash in the run up to Christmas. The garden and home retailer told landlords that it would now unilaterally pay its quarterly rent bill in monthly instalments to manage the firm’s cashflow: heralding a difficult time moving forward for [...]
Driverless vehicle maker Aurrigo heads for London’s AIM September 11, 2022 Driverless vehicle maker Aurrigo is set to list on the London AIM tomorrow morning.
Thousands line streets to pay respects to procession of Queen’s coffin September 11, 2022 Floral tributes were thrown into the path of the Queen’s coffin as thousands of people turned out to pay their respects as the monarch began the journey to her final resting place. Her oak coffin, draped with the Royal Standard of Scotland with a wreath of Balmoral flowers on top, began its six-hour trip from [...]
Netflix teams up with Ubisoft in video game push September 11, 2022 Netflix have announced plans to team up with video gaming giant Ubisoft as the streaming giant expands its offering amid subscriber concerns. The streaming giant revealed this weekend that it would be working with the French tech firm to create three games based on the gaming ‘universes’ of Valiant Hearts, Mighty Quest and Assassin’s Creed. [...]
Number 10 clarifies that Truss not going on ‘tour’ with King Charles across UK September 11, 2022 Liz Truss will be attending three ceremonies across the UK with King Charles III and not going on a country-wide “tour”, Number 10 has said. There were widespread reports last night that the new Prime Minister and new King were going on a tour across all nations of the UK, which raised eyebrows among pundits [...]
EY’s Greater China business opts-out of global split September 11, 2022 EY’s Greater China practice, which covers mainland China, Taiwan, Hong Kong, Macau, and Mongolia, has confirmed it will not be taking part in the Big Four firm’s global split. EY’s China segment said it is “unable to participate” in Big Four accounting firm’s ground-breaking plans to separate the firm’s audit business from its consulting arm. [...]
Information watchdog to crack down on Freedom of Information request failures September 11, 2022 The head of the UK’s Information Commissioner’s Office (ICO) has warned public bodies it will take action against those failing to respond to Freedom of Information (FOI) requests within the required 20-day time frame, after issuing its first enforcement notice against a government department in seven years. ICO chief John Edwards said the watchdog [...]
Retail tycoon Mike Ashley joins the race for Savile Row tailor September 11, 2022 High-street tycoon Mike Ashley has reportedly joined the race to takeover Savile Row tailor Gieves & Hawkes. As first reported by Mark Kleinman for Sky News, Ashley’s Frasers Group – previously known as Sports Direct International- is now the latest bidder to join the grab for the 250-year-old Savile Row brand. It comes as Gieves [...]
Disney boss pushes back against ESPN sale September 11, 2022 Disney boss has pushed back against calls to sell up or spin off its sports arm, ESPN.
City eyes economic data dump for clues on BoE rate hike path September 11, 2022 City traders will be looking for clues shedding light on how far the Bank of England will need to hike interest rates in this week’s economic data dump. The capital’s premier FTSE 100 index posted a decent performance last week, adding nearly one per cent to close at 7,351.07 points. Its mid-cap domestically-focused counterpart, the [...]
