Hammerson and Standard Life partner for £1.4bn overhaul of Brent Cross October 24, 2016 Hammerson and Standard Life Investments have embarked on a public consultation on a £1.4bn redevelopment of Brent Cross shopping centre. Brent Cross opened 40 years ago and Hammerson plan to revamp it with the addition of 200 new shops, 40 restaurants, a hotel, a cinema and around 6,700 homes. The shopping centre is set to [...]
Boom time in the City as Brexit gives a boost to professional advisers October 24, 2016 The UK's vote for Brexit has delivered a big boost for City advisers as firms scramble to find out how they should respond to a period of unprecedented uncertainty. Insolvency firm Begbies Traynor found the number of professional services firms in "significant financial distress" had dropped by 10 per cent since the EU referendum, as new [...]
Arsenal hopeful of rivalling Manchester United and Chelsea’s record-breaking commercial deals, says chief executive Ivan Gazidis October 24, 2016 Arsenal chief executive Ivan Gazidis insists he is optimistic that the club can rival the record-breaking deals achieved by some Premier League teams when they renew their main commercial agreements. Leading English clubs have cashed in on a boom in kit deals and shirt sponsorship markets since Arsenal signed their existing contracts with Puma and [...]
Dogs still rule at Metro Bank as it eyes profitability October 23, 2016 Think of us as a retailer, Metro Bank founder, Vernon Hill tells Billy Bambrough Metro Bank founder and chairman Vernon Hill seems to be having as much fun at the opening of the bank’s 43rd branch as he did at the first one six years ago. The first new lender to appear on the British [...]
Fenwick family takes out £5m dividend despite warning on new cost pressures October 23, 2016 The Fenwick family has taken a £4.8m from their department store chain while warning about the pressure government is placing on the retail sector. According to accounts for the year to the end of January 2016, the company's sales rose by 1.2 per cent in the past year, reaching £431.7m. Pre-tax profits were up by a quarter [...]
Opinion: Why housebuilders need to use their developments to champion British design and nurture homegrown talent October 21, 2016 It’s an unfortunate truth that the real estate industry often overlooks the deep pool of design talent in Great Britain. While the origins of design might seem insignificant, after decades of outsourcing design to far-flung corners of the globe, it is time for us to assume a new level of responsibility in supporting British designers. [...]
We’ve only seen the start of how fintech can transform the world October 21, 2016 Fintech in some ways created the blueprint for the way in which innovative startups can disrupt a seemingly unmoveable industry. But as the players in the Digital Innovators list demonstrate, the fintech innovation story is far from done. The latest breed of fintech startups focus on improving our experience of financial products in all sorts [...]
Consumers feeling cheery ahead of the Christmas shopping season October 21, 2016 Consumer confidence is looking up ahead of the biggest quarter for retailers – the Christmas season. Consumers are shaking off the Brexit blues and feeling more positive about their earnings before Christmas, according to a report from PwC. PwC said 19 per cent of respondents in its consumer survey said they expect to be better off [...]
Why the NBA brand remains a slam dunk for recruiting new basketball fans across the globe October 20, 2016 While you may not have watched a single NBA match on television last season, the brand will likely have still cut through to you through a LeBron James replica jersey, an LA Lakers T-shirt or a Chicago Bulls cap. The fact that the NBA’s collection of distinctive and recognisable team logos look good on clothes has been a [...]
The UK has a data deficit: MBA students can stay ahead of the curve October 20, 2016 Regardless of your sector or particular line of work, your career will be affected by the increasing technological complexity of the modern world, and particularly the vast (and rising) amounts of data that fuel every industry today. As being able to understand and analyse data becomes ever more important in non-specialist roles, MBA programmes – [...]