HS2: Plans for private funding of Euston tunnel likely to fail, top adviser warns November 26, 2023 Sunak's plan to use private developers to fund a tunnel through London to HS2's Euston terminus will fail, a top government adviser has said.
Short sellers target Metro Bank ahead of crucial shareholder vote November 26, 2023 Short sellers are targeting Metro Bank ahead of a decisive shareholder vote tomorrow on a major refinancing plan agreed just over a month ago.
Black Friday: London footfall up 13 per cent as cash-strapped Brits sniff out deals November 24, 2023 Central London saw a 13 per cent week-on-week jump in footfall this morning as shoppers flocked to the West-End to sniff out some Black Friday deals, in a much needed boost for retailers. The sales bonanza is an important day in the retail calendar as it kicks starts the start of the festive shopping season. [...]
Duvet? Check. Sweater? Check. Health check?… check. John Lewis launches in store clinics November 24, 2023 Customers shopping at John Lewis will now be able to check their iron levels alongside buying a new duvet set, as the struggling department store rolls out in store health clinics in its latest scramble to drag customers amid tough trading conditions. The ailing retailer has partnered with Covid testing group Randox Health to offer [...]
Nipper’s back: HMV swings open the doors of historic Oxford Street store November 24, 2023 HMV is to swing open the doors of its historic Oxford Street store after a four-year absence, with the retailer’s boss saying it is a “great moment” in the chain’s recovery.
West End braces itself for Black Friday spending boost November 23, 2023 Retailers in London are bracing themselves for the start of the Christmas spending period as a swarm of bargain hunting Brits are set to hit the West End this Black Friday. Unseasonable weather in both the summer and autumn battered the majority of retailers’ earnings over the first and second quarter of the year, so [...]
The Notebook: Victoria Scholar on the ever-changing appetites of retail investors November 23, 2023 Where the City’s big thinkers get things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor analysing retail investors' appetites.
Square Mile and Me: AKQA founder Ajaz Ahmed on why he thinks London is the greatest city in the world November 23, 2023 Each week we ask a City figure to take a trip down memory lane. Today Ajaz Ahmed, founder and CEO of design agency AKQA, tells us how he came to love life in London.
Natwest: Hunt plots ‘tell Sid’ sale of remaining government stake November 22, 2023 Hunt has revealed the government will look to offload its remaining stake in Natwest to retail investors over the next year as part of a bid to boost participation in public markets.
‘Commercially, we’re bigger than any one player’: PSG on life after Messi and Neymar November 22, 2023 The French giants are banking on brand value to keep breaking revenue records.