London luxury hotel market booms as weak sterling attracts tourists December 9, 2019 The London luxury hotel market has boomed in the last year as the fall of sterling against the dollar has attracted a surge in international tourists, new research showed. In total, 50 new luxury and premium hotels have opened in the UK in the last year, growing the number to 3,380. Meanwhile the number of [...]
General Election 2019: Sadiq Khan’s Christmas wishlist December 8, 2019 Election season can be a fruitful time for local councils to stick their hands out and plead with prospective governments to turn on the taps for their part of the country. With Labour and the Conservatives both keen to spend big, and prove to voters austerity is over, this may be the best opportunity in [...]
Eddie Stobart secures £55m Dbay lifeline December 6, 2019 Eddie Stobart shareholders today backed a £55m rescue deal from a major investor to save the company’s future. Under the terms of the deal, Dbay will take control of the company and inject enough money to secure the company’s immediate future over Christmas. Dbay said: “We would like to thank shareholders for supporting our transaction [...]
FTSE 100 opens higher as China tariff waiver raises hopes of trade truce December 6, 2019 The FTSE 100 bounced back in early trading today as China’s decision to roll back tariffs on some US exports raised hopes of a pre-Christmas trade war truce. London’s blue-chip index was up roughly 0.8 per cent to 7,195.1 points this morning as traders reacted to developments in Beijing. Read more: Global growth to pick [...]
Lloyd’s of London reminds staff of ‘standard of behaviour expected’ ahead of Christmas parties December 6, 2019 Lloyd’s of London has warned its workers to behave appropriately at upcoming Christmas parties. It comes following allegations of bullying and sexual harassment at the world’s biggest insurance market. Chief executive John Neal told Financial News that an email had been sent to the around 45,000 staff at Lloyd’s and its member companies to remind [...]
A festive trip to Harrods reveals Insta-ready windows and a new Homes section December 6, 2019 For a special Christmas treat, when I was a child we always went to see Santa in his grotto in a department store. If Harrods is your go-to grotto (he’s been there since 1955), your children will encounter the bearded one in a Secret Forest decorated with Swarovski crystal (a girl’s second-best friend). Visiting last [...]
Sajid Javid Brexit without trade deal ‘unlikely’ as he blames Labour for UK homelessness December 5, 2019 Chancellor Sajid Javid has insisted Britain is unlikely to leave the EU without a trade deal in place at the end of next year, but declined to rule the possibility out. The Tories are seeking to agree a free trade deal with the bloc by the end of 2020. Read more: John McDonnell: A Labour [...]
Tube delays hit four lines in rush hour misery December 5, 2019 Severe Tube delays have hit four lines to leave commuters facing a morning of rush hour chaos today. Passengers on the Circle Line, District Line, Hammersmith & City Line and Metropolitan Line all face a disrupted journey to work due to the delays. Read more: Eight arrests made after Extinction Rebellion targets Tube Faulty trains [...]
Iain Duncan Smith: ‘We don’t have champagne socialists here’ December 4, 2019 On the campaign with… Iain Duncan Smith Labour has made no secret of its plan to unseat former Conservative leader and minister Iain Duncan Smith in favour of Corbynite candidate Faiza Shaheen. Hundreds of the hard-left Momentum group’s activists have been diverted into Chingford and Wood Green in the past few weeks in the hope [...]
Clintons secures rescue deal saving 2,500 jobs December 4, 2019 High street card retailer Clintons has secured a pre-pack administration deal to allow it to continue trading through the crucial Christmas trading period. Clintons has been bought out of administration by Esquire retail, a new vehicle that has been established by the Weiss family, which has owned the card retailer since 2012. Read more: Clintons [...]