Mulberry to close Paris store as slashed tourism hits another capital July 6, 2021 Mulberry will close the doors to its Paris store until international tourism returns, the luxury brand said today. Exiting the lease early at its 275 Rue Saint Honoré store, slashed tourism numbers due to pandemic restrictions has seemingly hit Paris much like it has hit London. The brand will bag net proceeds after tax of [...]
‘Professor Lockdown’ says lifting restrictions is justifiable but warns of potential rollback July 6, 2021 Imperial College professor Neil Ferguson has said the planned banishing of most Covid-19 restrictions in England from the 19 July is justifiable but carries risk. Ferguson is behind much of the scientific modelling that has called for lockdowns in the past, but in an interview with BBC Radio 4’s Today programme the professor stressed the [...]
Sajid Javid warns about ‘shocking’ NHS backlog caused by Covid-19 July 6, 2021 Sajid Javid has said the extent of the NHS waiting list “shocked” him when he was sworn in as health secretary and that 7m people had not come forward with serious illness over the past 16 months. Javid said that as “health secretary I can’t just be thinking about Covid alone, I have to be [...]
Travel Perk snaps up business travel firm Click Travel July 6, 2021 Business travel firm Travel Perk has this morning snapped up Click Travel, which handles £300m worth of travel for around 2,000 clients. It is the third and largest acquisition that Travel Perk has made since the Baupost Group-backed firm was founded in 2015. It said that the deal would establish the firm as the leading [...]
Shoppers will be encouraged to wear masks inside Westfield shopping centres July 6, 2021 Shoppers at Westfield shopping centres will be encouraged to wear masks even after the legal requirement to do so is dropped. Jactina Rowsell, manager of Westfield shopping centre in White City, said in order to make shoppers and staff feel safe, masks would be encouraged in both London shopping centres. “We’re very aware and [...]
Two men charged with ‘common assault’ over Chris Whitty incident July 6, 2021 Two men have now been charged over an incident caught on video where England’s chief medical officer Chris Whitty is seen to be man-handled. The video, caught on a mobile phone, shows Whitty being grabbed by men in a park in London as the chief medical officer (CMO) attempts to cross the road. After arresting [...]
Lady Cobham slams break-up of UK aerospace champion July 6, 2021 Lady Nadine Cobham has slammed the takeover and break-up of the UK aerospace champion founded by her father-in-law by an American private equity firm. “These private equity companies just do it for feathering their own nest and their friends making huge sums of money” she said of the acquisition and subsequent sell off of units [...]
Private equity firm Bridgepoint confirms plans to float on London Stock Exchange July 6, 2021 Private equity firm Bridgepoint have confirmed plans to raise £300m through an impending float. The firm dangled the prospect of an IPO last month but have confirmed the move in an announcement to markets this morning. The buyout group, which has around £27.4bn of assets under management across equity and debt funds, says it seeks [...]
US calls for end to deadlock in Opec+ talks July 6, 2021 The US called for an end to the impasse among Opec+ members in oil output talks on Monday. Leaders of the Opec+ alliance postponed talks on Monday after the United Arab Emirates refused to agree to a proposed eight-month extension to curbs on output. “The United States is closely monitoring the OPEC+ negotiations and their [...]
Vauxhall set to announce plan to build electric vans at Ellesmere Port July 6, 2021 Vauxhall could announce plans to build electric vans at its plant at Ellesmere Port in Cheshire as early as today. It is understood that the new investment into the plant could be worth hundreds of millions of plans, and would protect about 1,000 jobs. If so, the investment would complete an excellent few days for [...]
