Selfridges to make redundancies at London HQ and hits out at ‘absence of a tax-free shopping’ May 9, 2024 Luxury department store Selfridges is to make around 70 redundancies at its London head office.
Three UK boss says Vodafone merger is ‘vital’ to offset investment costs May 9, 2024 Boss Robert Finnegan said it was a "solid start to the year," but the company continues to be "impacted by inflationary pressures".
FTSE 100 today: London markets set to open higher before BOE policy decision; all eyes on rate cut clues May 9, 2024 Asian markets mirrored Wall Street's mixed performance, with oil prices surged. All eyes were on the Bank of England's policy decision.
Volkswagen boss: The EV sales slump is ‘not the end of the world’ May 8, 2024 A recent slump in electric vehicle sales shouldn't concern the automotive sector, VW's brand chief Thomas Schäfer has said.
Nissan chief warns China’s EV car market is a ‘survival game’ May 7, 2024 Nissan boss Makoto Uchida has described the Chinese market as a “survival game” after the Japanese carmaker cut its estimates for car sales in February
How Miu Miu escaped the luxury slowdown which hit LVMH, Gucci and Watches of Switzerland May 7, 2024 Miu Miu has managed to create a brand which taps into to the Chinese fashion trends Gen Z shoppers are looking for.
HSBC dished out $19bn to shareholders last year – and there’s more to come in 2024 May 3, 2024 HSBC dished out roughly $19bn (£15.1bn) to shareholders in respect of last year and expects continued strong payouts in 2024, its management has said, as Europe's biggest bank looks to weather economic uncertainity and interest rate cuts.
Ed Warner: Forget WrestleMania, Super Bowl or the Olympics – London mayor should seek hefty portfolio of sporting events May 2, 2024 Cultivating a calendar of repeat events has far greater benefit over time than splurging on a mega jamboree.
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations May 2, 2024 Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.
The Notebook: Has London revived its rave scene? May 2, 2024 Susannah Streeter takes the Notebook pen to have her say on the Tiktok ban, Shein's search for a float, and London's new rave scene.