Retail giants to be hit by £190m business rate bill as industry fears ‘tipping point’ September 19, 2018 UK retailers are set to face a fresh tax bill worth hundreds of millions of pounds if today’s inflationary figures remain similar next month, with embattled high street businesses fearing another hefty levy could push the sector to its limits. The British Retail Consortium (BRC) predicts that the retail sector will be slapped with a £190m [...]
Retail giants to be hit by £190m business rate bill as industry fears ‘tipping point’ September 19, 2018 UK retailers are set to face a fresh tax bill worth hundreds of millions of pounds if today’s inflationary figures remain similar next month, with embattled high street businesses fearing another hefty levy could push the sector to its limits. The British Retail Consortium (BRC) predicts that the retail sector will be slapped with a £190m [...]
Major Southbank property estate put on the market for £280m September 18, 2018 London’s flagship southbank estate has been put up for sale for £280m, City A.M. can reveal. The 2.6 acre plot of mixed-use property site, which is best known for the South Bank Central’s iconic 155m tower, is being sold by CBRE on behalf of CPPIB and Hermes. The estate, which covers roughly 263,000 square feet [...]
Major Southbank property estate put on the market for £280m September 18, 2018 London’s flagship southbank estate has been put up for sale for £280m, City A.M. can reveal. The 2.6 acre plot of mixed-use property site, which is best known for the South Bank Central’s iconic 155m tower, is being sold by CBRE on behalf of CPPIB and Hermes. The estate, which covers roughly 263,000 square feet [...]
Boris Johnson’s flagship cycle superhighway costs £62,000 for every extra cyclist September 18, 2018 Boris Johnson’s controversial cycle superhighway, heralded as London’s “Crossrail of cycling”, is costing taxpayers tens of thousands of pounds for every new cyclist it attracts, according to new figures. Today’s new information from Transport for London (TfL) is likely to provide fresh ammunition to critics of the £47m project, which has come under fire from [...]
Boris Johnson’s flagship cycle superhighway costs £62,000 for every extra cyclist September 18, 2018 Boris Johnson’s controversial cycle superhighway, heralded as London’s “Crossrail of cycling”, is costing taxpayers tens of thousands of pounds for every new cyclist it attracts, according to new figures. Today’s new information from Transport for London (TfL) is likely to provide fresh ammunition to critics of the £47m project, which has come under fire from [...]
Cake maker Finsbury Foods sees profits slip after bakery closure September 17, 2018 Cake maker Finsbury Food group took a £12m hit which saw its profits sink after closing a West London bakery that was losing money. The AIM-listed company shut the doors of its Grain d’Or bread bakery in Harlesden after a tripling in the price of butter, which makes up 30 per cent of the ingredients [...]
Cake maker Finsbury Foods sees profits slip after bakery closure September 17, 2018 Cake maker Finsbury Food group took a £12m hit which saw its profits sink after closing a West London bakery that was losing money. The AIM-listed company shut the doors of its Grain d’Or bread bakery in Harlesden after a tripling in the price of butter, which makes up 30 per cent of the ingredients [...]
Google rival Pricesearcher among private firms to join stock exchange capital-raising scheme September 17, 2018 Nine “ambitious” private companies, including a potential search engine rival to Google, have been selected to join the London Stock Exchange's capital-raising programme. The stock exchange has this morning added another cohort of companies to its ELITE programme, which gives fast-growing private firms access to expertise and investors. Pricesearcher – an unbiased search engine for [...]
Google rival Pricesearcher among private firms to join stock exchange capital-raising scheme September 17, 2018 Nine “ambitious” private companies, including a potential search engine rival to Google, have been selected to join the London Stock Exchange's capital-raising programme. The stock exchange has this morning added another cohort of companies to its ELITE programme, which gives fast-growing private firms access to expertise and investors. Pricesearcher – an unbiased search engine for [...]