Currys to sell Greek arm for £175m to strengthen balance sheet November 3, 2023 Currys announced that it was looking to offload the 90 stores across Southeastern Europe in an effort to strengthen its balance sheet.
Shein is plotting world domination, should UK retailers be worried? November 2, 2023 It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.
UK lags behind US in predicted consumer spending this Christmas November 2, 2023 A report has shown emerging trends that UK retailers will be struggling this festive season, despite beliefs black Friday will boost revenues.
Insurance SPAC boss: London loves a bad headline – but we’re the best in the world November 2, 2023 London loves a “bad headline” and should instead embrace its role as the “global centre” of insurance expertise, the boss of a listed acquisition vehicle has claimed, as he prepares to debut a new insurance firm on the public markets this month.
Why are some of London’s wealthiest business owners protesting? November 1, 2023 Some of London’s most high profile retailers and business owners took to the streets of luxury shopping district Savile Row this morning.
London Stock Exchange chief Julia Hoggett: The City can’t just be for ‘fat cats’ November 1, 2023 Brits need to stop thinking of the City as the realm of “fat cats” and “grandees” in order to widen access to the UK’s capital markets and boost the flow of cash into the UK’s beleaguered listed companies, the London Stock Exchange boss has said.
The Notebook: Neil Bennett on replacing himself with AI November 1, 2023 The notebook is a place for interesting people to say interesting things. Today, it’s the turn of global co-CEO of H/Advisors, Neil Bennett. What to look out for at the AI Summit, from Elon to lip service I, or artificial intelligence, has been the talk of the town for quite some time now. The technology [...]
I’d never normally protest, but Sunak is bleeding the tourist economy dry November 1, 2023 Sir Rocco Forte and a host of other business leaders are protesting over the tourist tax today. He explains why.
West End makes fresh calls for end to tourist tax ahead of ‘make or break’ festive period October 31, 2023 New West End Company forecasts up to £1.64bn in spending this festive season — but it may be up to international shoppers to take the wheel.
Blank Street: How the New York coffee chain plans to take over London October 31, 2023 City A.M. sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.