Asos: Will fast fashion darling see share price fly off the shelf? May 7, 2023 Online fashion giant Asos is expected to post another half-year loss and shareholders will hope for signs of improving demand from cash-strapped shoppers. It is among fast-fashion retailers to have become heavily pressurised over the past year by a brutal combination of rocketing costs, supply chain disruption and weaker consumer spending. The FTSE 250 company [...]
King and Queen wave from Buckingham Palace balcony May 6, 2023 The King and Queen set the seal on their historic coronation day with a Buckingham Palace balcony appearance to acknowledge the nation. Charles and Camilla waved to the cheering crowds from the balcony, who filled The Mall after braving downpours to see a colourful ceremonial military procession not seen for 70 years. The Prince and [...]
Ukraine ‘downs Russian hypersonic missile’ May 6, 2023 Ukraine’s air force claims to have downed a Russian hypersonic missile over Kyiv using Patriot defence systems recently acquired from allies. It is the first known time the country has been able to intercept one of Moscow’s most modern missiles. Air force commander Mykola Oleshchuk said on Telegram that the Kinzhal-type ballistic missile was intercepted [...]
Charles crowned King at Westminster Abbey as world watches May 6, 2023 The King has been crowned the nation’s monarch and prayed to be a “blessing” to people of “every faith and conviction”. Charles became the 40th reigning sovereign to be crowned at Westminster Abbey, the nation’s coronation church since 1066, as Archbishop of Canterbury Justin Welby placed St Edward’s Crown on his head. The historic moment, [...]
Former prime ministers gather for King’s coronation May 6, 2023 Seven former prime ministers gathered to attend the coronation, including Liz Truss, whose brief tenure in No 10 included the late Queen’s death and the King’s accession. Ms Truss followed her predecessors Boris Johnson, Theresa May, David Cameron, Gordon Brown, Sir Tony Blair and Sir John Major into Westminster Abbey for the coronation. The UK [...]
King and Queen begin procession to Westminster Abbey May 6, 2023 The King and Queen’s procession has left Buckingham Palace to cheers from the waiting crowds in The Mall as the moment of their coronation drew closer. Charles and Camilla waved to thousands of spectators lining the street as leading figures began to join members of the congregation in Westminster Abbey. The list of 2,300 invited [...]
Local elections: Labour now largest party of local government – but predicted to fall short of outright Westminster majority May 6, 2023 Labour have said the Tories’ dire local election results marked a “clear rejection” of Rishi Sunak as they became the largest party of local government since 2002. Sir Keir Starmer was celebrating wins in key battlegrounds as an indication his party was on course to win the next general election. The prime minister was under [...]
Coronation: Protesters arrested as lock-on devices seized May 6, 2023 Republican protesters have been arrested just hours before the coronation, after police seized lock-on devices. Footage on Twitter showed officers using their powers under the new Public Order Act, as chief executive of anti-monarchy group Republic, Graham Smith, was among those apprehended in St Martin’s Lane near Trafalgar Square. Pictures showed demonstrators in yellow “Not [...]
Coronation weekend: How to get around London, what roads are closed and are buses and trains working? May 5, 2023 Londoners have been warned the Coronation weekend will lead to numerous road closures in central London, with services likely to be “very busy”. Transport for London confirmed there are “no planned closures” of the London Underground network, but warned during the day on Saturday particularly at key interchanges it will be considerably busier than usual. [...]
How the City is celebrating King Charles III’s Coronation: An ancient sceptre, velvet robe and glowing Tower Bridge May 5, 2023 The Square Mile is set to play a crucial role in His Majesty King Charles III’s Coronation weekend, with 700-year-old traditions including an ancient crystal sceptre given to the City by Henry V and regal robe from Queen Elizabeth’s crowning in 1953. City of London Corporation head, Lord Mayor Nicholas Lyons, will be participating in [...]