Jimmy Choo’s share price rises on sterling’s slide November 18, 2016 Jimmy Choo's share price climbed this morning after the company reported revenue growth due to improved trading and store openings. The luxury retailer's share price was up three per cent at time of writing. Read more: West End gets Brexit boost as sales to tip over £9bn for the first time It said its success [...]
Editor’s notes: Whatever your view of him, Farage should sit in the House of Lords November 18, 2016 There are many ways to get a peerage these days. You could conduct a white-wash inquiry into the Labour party’s problem with emboldened anti-semites; you could bounce from quango to quango until a seat on the red benches is the next logical step; you could donate to a political party; or you could have the [...]
Retail sales defy gloomy predictions ahead of a bumper Black Friday November 18, 2016 Retail sales have outperformed expectations ahead of the nation's biggest shopping spree – Black Friday. According to the Office for National Statistics, the volume of retail sales increased by 7.3 per cent in October compared to the same month in 2015 – the highest growth rate for fourteen years. The amount spent online grew by [...]
Fantastic Beasts and Where to Find Them review: a full-on Christmas blockbuster that’s bursting with imagination November 17, 2016 No more, JK Rowling vowed as the Harry Potter series – her magnum opus that took 17 years to write – finally came to an end. And she’s largely kept her word, apart from the studio tour, the theme park and the play that’s currently in the West End. Oh, and a website she runs [...]
Co-operative Bank says low interest rates behind decision to cut 200 jobs November 17, 2016 The Co-operative Bank is cutting 200 roles across the business in a bid to cut costs. The roles will be made redundant by the end of March 2017. The bank said low interest rates were partly to blame for the job losses, as it is struggling to make money in the current economic environment. The roles affected [...]
Londoners are the most likely to take work off to bag a bargain on Black Friday November 17, 2016 Why work when you could shop? It seems a healthy chunk of us have been asking ourselves that very question, and have decided to skip work for the year's biggest day of discounting – Black Friday. According to a survey by discount retailer The Original Factory Shop (Tofs), seven per cent of us intend to [...]
Asda records ninth consecutive quarterly sales drop November 17, 2016 Asda has reported yet another sizeable drop in sales. The struggling retailer has posted a like-for-like sales drop of 5.8 per cent in the three months to the end of September. This is the the ninth quarterly fall in sales in a row for the company which is suffering due to intense price competition from discount [...]
Night Tube arrives on the Northern line: Here’s everything you need to know November 17, 2016 Frequenters of the Northern line, rejoice. For the day is nearly here. The Night Tube is coming to its fourth Underground line of the year tomorrow the 18 November, after already blessing the Jubilee, Victoria and (most of the) Central lines with its presence. And so far it's proving a hit with Londoners: passenger numbers are fifty per [...]
1 to Watch: snap40 to accelerate growth after securing one of the largest seed funding rounds ever in Scotland November 17, 2016 Edinburgh-based health technology start-up snap40 recently received £2m in seed funding from investment firm Par Equity. Innovative healthtech snap40 catch deteriorating health sooner by automatically detecting the warning signs. They have developed a single wearable health monitor that’s worn on the upper arm and which continuously monitors patient health across many different indicators – things [...]
Weak sterling will push up the price of wine and there’s nothing anyone can do about it, Majestic’s chief executive has warned November 17, 2016 First it came for our Marmite. Then it came for our Toblerones. Now, weak sterling is pushing up the price of wine, the chief executive of one of the UK's largest booze retailers has warned. Rowan Gormley, the boss of Majestic Wine, said consumers can expect wine everywhere to go up in price – "until we grow [...]