Youths ‘film shoplifting for TikTok’ as businesses call for government aid September 16, 2023 Shoplifting and abuse at independent shops are increasing due to the cost-of-living crisis and youths filming it for TikTok, forcing some businesses to close, it has been said. Muntazir Dipoti, president of the Federation of Independent Retailers (FIR), which has 10,500 members, said 850 incidents of theft or verbal abuse are recorded every day. Incidents [...]
Murdoch executives ‘told Sunak not to resign’ after partygate fine September 16, 2023 Rishi Sunak was persuaded not to quit as chancellor over his fine for breaking lockdown laws after an intervention by media mogul Rupert Murdoch’s executives, it has been claimed. The claim is detailed in a new book by the Telegraph’s political editor and published by the newspaper on Friday. It is the latest report to [...]
How lab-grown diamonds could solve ethical and price problems to be next crown jewel September 16, 2023 Petra Diamonds share price took a three per cent tumble on Friday morning, following news that the number of rough diamonds it sold slumped by 33 per cent. Adjusted profit before tax also fell by a whopping 95 per cent $8.3m (£6.7m), driven by a drive decline in total diamond production. The FTSE 250 company [...]
Transport for London renames Bond Street ‘Burberry Street’ – and the internet is not impressed September 15, 2023 Oh dear! A quirky move by TFL to rename Bond Street as Burberry Street in celebration of London Fashion Week, has not gone down well on the internet.. The West-End tube stop which is home to a number of high end stores will now be transformed into Burberry Street for one week while top models [...]
FTSE 100 live: London rallies as Arm soars on US debut and Warhammer maker’s share price rises September 15, 2023 London’s FTSE 100 enjoyed a strong end to the week, as the global stocks rally continued with a stable showing from Wall Street and an improvement in China. The capital’s premier bluechip index ended the day well at over 7,30 points, more than 0.6 per cent up, having reached a high of 0.89 per cent [...]
Wall Street climbs and Dow rises more than 300 points as stocks worldwide rally September 15, 2023 Wall Street rose on Thursday after a blizzard of reports suggested the US economy is still humming, though inflation may be too. The S&P 500 climbed 0.8 per cent for its best day in two weeks. The Dow Jones Industrial Average rallied 331 points, or 1 per cent , and the Nasdaq composite added 0.8 [...]
Nearly every London train service now less punctual than last year September 14, 2023 Nearly every train service in London is now less punctual than last year, according to industry watchdog the ORR.
M&S turned it around and is now in FTSE 100. Here’s why John Lewis is so far off September 14, 2023 The John Lewis Partnership has had a torrid day, following an announcement it will push its turnaround plan back by two years. It’s the latest bit of bad news that has seen it fall further behind rival Marks and Spencer, whose high street revival recently raised its profit outlook after pivoting towards clothing and homeware. [...]
Another HS2 mess: Downing Street refuses to guarantee it will run to Manchester September 14, 2023 Downing Street has refused to guarantee the HS2 railway line will run to Manchester as planned.
Discover London’s new-look boutique insurance experts September 14, 2023 If you happened to be walking by Fenchurch Street recently or using London’s commuter network, you may have seen the name ‘Meridian’ glowing from various billboards. You may even have received your own branded beer mat. If that’s the case and you were wondering “What was all that about?”, you were simply part of the [...]