Could Reeves hit the UK with the most punishing capital gains tax in Europe? August 30, 2024 Rachel Reeves could be about the make Britain the most bruising place in Europe for capital gains tax, according to City A.M. analysis.
St James’s Place: How high fees hide the wealth manager’s real performance August 28, 2024 Investors who want to know how a St James’s Place fund compares to any other vehicle in the market have a problem: they just can’t do that. Traditionally, funds can be compared by taking into account the performance of their assets, minus the fees on the fund, and comparing that with other funds in their [...]
Why are convenience stores all the rage? August 22, 2024 Earlier this week, Waitrose became the latest UK grocer to announce a big push into the convenience store market. The supermarket giant will open 100 stores in the next five years as part of a $1bn investment plan. Waitrose follows Asda, Morrisons (with its McColl’s estate), Tesco, Sainsbury’s and the Co-op in ploughing ahead with [...]
‘Even luxury is subject to constraints’: Global prime rental growth slows August 19, 2024 After record growth in the past two years, global prime rents have cooled down to long-term levels as supply constraints start to ease and renters hit their price ceilings, according to new data. Average annual rental growth was 3.5 per cent in the 12 months to the end of June 2024, down from 7.4 per [...]
England fast bowler Tom Curran on what he’d eat for his last meal August 16, 2024 England international Tom Curran, currently playing in the Hundred, picks out the dishes he’d eat for his last supper on earth, from an entire breakfast to a gooey chocolate fondant. I grew up from the age of six in Zimbabwe so we ate a lot of meat and spent a lot of time cooking on [...]
The 7 best covered terraces and courtyards at London restaurants August 16, 2024 There’s nothing quite like a bit of al fresco dining, especially when the sun is burning down and tempting us to spend all of our waking hours outside. To celebrate the good weather finally showing up, we’ve rounded up some of the best terraces and courtyards where you can enjoy a great meal – but [...]
The 6 best terraces in London to catch the rays this weekend August 16, 2024 With the sun finally exposing itself to us mere mortals, it’s the weekend to explore London’s outdoor drinking and dining spots. Here are some of the very best outdoor terraces in London to spend a lazy afternoon, whether you’re eating, drinking or just chewing the fat with old friends. Century Club Shaftesbury Avenue’s Century Club [...]
Burger King UK’s revenue spikes after restaurants revamped and new sites opened August 12, 2024 Burger King has reported a rise in sales and revenue in 2023 after a boost from new restaurant openings. Revenue spiked by a huge 30 per cent, although like-for-like sales only rose by three percent. The rise in revenue was due to growth in the “existing estate and new restaurants”, as well as “good cost [...]
‘It’s not where we want to be’: Asda sales shrink as supermarket rivals eat into market share August 8, 2024 Asda’s sales have dropped again after it continued to lose market share to its supermarket rivals, according to new figures. Revenue in its second quarter of its financial year was down 2.2 per cent, with a 5.3 per cent like-for-like decline, as its sales slump accelerated. Competitors like Morrison’s, Tesco and Sainsbury’s have been slowly [...]
Worms in the fish? Team GB star rails at food in Paris 2024 Olympic Village August 6, 2024 GB staff were forced to send their own chef to cater for the team following complaints about the food.