More gloom for retail parks and shopping centres but High Street footfall bounces back March 20, 2017 High Street footfall rose 0.1 per cent in February, compared to a drop of 2.9 per cent in the same period last year. The figures, released in Springboard’s monthly footfall report, also showed a small recovery in overall footfall, which fell by 1 per cent in February compared to 1.3 per cent in January. However, [...]
Apple’s British design chief Jonny Ive invests in tech accessory startup that counts Victoria Beckham and Beyonce among customers March 19, 2017 A London-based phone case startup, that counts Victoria Beckham and Beyonce as customers, has attracted investment from Apple's British design chief Sir Jonathan Ive. Chaos, a fashion consultancy run by Charlotte Stockdale and Katie Lyall, has launched a tech accessory division which includes products like a £185 personalised initial case and a £170 phone cover that has [...]
City Moves – who’s switching jobs at Legal & General, Northern Trust and Jackpotjoy March 17, 2017 Today's City Moves cover insurance, wealth management and online bingo. Take a look at these movers and shakers: Legal & General Legal & General has appointed Dharshini David as corporate affairs director. Dharshini will take up the appointment at the end of March and will report to group CEO, Nigel Wilson. She will be responsible [...]
Four things to watch out for from the Bank of England’s Monetary Policy Committee meeting March 16, 2017 The Bank of England is set to announce monetary policy at its latest meeting this afternoon. Investors don’t expect anything in the way of change, but as always economists will try to read the runes of the Monetary Policy Committee’s (MPC) statement to see how the Bank’s economists think the UK economy is faring. Read [...]
Bond Street dumps its rubbish trucks March 15, 2017 Bond Street has dumped its bin men in a bid to attract overseas investment. The number of rubbish trucks going along the iconic shopping street has been slashed by 75 per cent over the past year, with the number of service providers falling from 40 to just two. Read more: Retailers in Mayfair and Bond [...]
These are the FTSE companies with the highest and lowest chief executive pay ratios March 15, 2017 With AGM season around the corner, and remuneration set to be a top issue for investors, chief executive pay ratios could again be about to come under the microscope. And while the certain retailers could feel the heat, a number of City firms should be able to rest easy. Pensions & Investment Research Consultants (Pirc) has drawn [...]
British book worms are spending more on reading this year, sending sales up £100m March 13, 2017 Britons are reading more than last year and increased spending by six per cent on books by as much as £100m more compared to 2016, according to research from Nielsen Book Research UK. Printed book sales were up seven per cent, driven by greater reading amongst younger generations, despite commonly held assumptions that young people [...]
London’s best places to buy a pied-a-terre: Thinking of selling up for a landing pad in the city? Here are the best locations March 10, 2017 For those disenchanted Londoners considering a move to the country, but afraid of spending half their lives on commuter trains, buying a pied-à-terre could be the solution. For a fraction of the price that you would sell a family home in London, hard-working city executives can hole up close to the office during the week, [...]
How are these five influential women revolutionising the UK tech sector? March 10, 2017 Digital tech: it’s a man’s world right? Lei Jun, Mark Zurkerberg and Bill Gates – all tech testosterone flowing through the veins of the global digital revolution. But what about in the UK? In solidarity with International Women’s Day on March 8th, more females than ever are becoming the beating heart and soul of the sector. So [...]
From PwC’s chair to the boss of Vodafone: Here are the top 30 men helping to tackle gender inequality in the workplace March 10, 2017 Lloyds Banking Group’s chief executive of commercial banking and the chairman of PwC have been named among the top 30 men challenging the status quo and promoting gender equality in the workplace. The Women’s Business Council and Management Today have revealed their 2017 Agents of Change, listing 30 male leaders who are actively working alongside women [...]