Amazon Prime Now one-hour delivery comes to Wandsworth, Sutton and Merton and two-hour slots to Kingston, Croydon and Sunbury October 6, 2015 Residents of Wandsworth, Sutton and Merton are the latest Londoners who will be able to get their hands on items they've bought on Amazon within just 60 minutes. In addition to the new areas eligible for one hour delivery slots, Amazon's Prime Now service will also offer two-hour delivery windows to people in Kingston, Croydon and Sunbury [...]
West End poised for £2.5bn boost from Crossrail October 5, 2015 THE ARRIVAL of Crossrail is set to bring a £2.45bn boost to the West End by 2020 as thousands more visitors pour into central London, new research shows. The New West End Company (NWEC), which represents 600 businesses, said annual turnover for its retailers is predicted to hit £11.25bn just two years after completion of [...]
Owning the digital space October 4, 2015 William Railton talks mobile and the future of outdoor ads, with BitPoster’s Aidan Neill FROM billboards to bus stops, the outdoor media market has been more reluctant than other areas of the marketing industry to embrace digitisation. The buying and selling of advertising space had been largely a manual process, with a lot of wasted [...]
List One Poultry? The government must not allow it October 4, 2015 One Poultry, the sand-coloured monolith standing on the junction opposite the Bank of England, has always been a building that has divided opinion. Prince Charles was relatively generous in likening it to a 1930s transistor radio. Others have been far less kind, and it regularly features in lists of London’s ugliest buildings. It’s [...]
Shawbrook bank poaches Santander UK boss Steve Pateman October 2, 2015 Another sign of the challenger banks are taking over? Shawbrook, the challenger which floated on the London Stock Exchange in April, said today it had poached the head of UK banking at Santander to become its new chief executive. The bank said this morning that Steve Pateman's appointment, which will begin in January, had come [...]
Make 10-year Chinese visas cheaper default option and bring £337m to UK economy, claims UKCVA October 2, 2015 Leading retailers have renewed their pleas for the government to overhaul its system regarding Chinese visas, claiming a simplified regime would boost the UK's economy by £337m. The UK China Visa Alliance (UKCVA) – which is made up of businesses such as retail park group McArthurGlen, retail body New West End Company, Walpole, London [...]
Responsible investing: Do bonds that make the world a better place fit into your portfolio? October 1, 2015 When the return on traditional bonds is so low, why not invest in ones that make society better? The UK was once home to a thriving social bond market, where investors of all stripes clubbed together to fund socially beneficial projects. The 1960s was the heyday of loaning money to local authorities, and in [...]
Tesco in talks to sell 10 more supermarket development sites to Meyer Bergman October 1, 2015 Tesco is in talks to sell a large chunk of its UK land portfolio, as the supermarket looks to raise funds to bolster its battered balance sheet and pay down debt. The company is understood to be in advanced discussions to sell 10 development sites to European investment giant Meyer Bergman for about £250m. The [...]
Morrisons follows Lidl and pledges to pay above National Living Wage September 29, 2015 Morrisons has followed in the steps of German discounter Lidl after announcing a 20 per cent pay hike for its staff in line with the new Living Wage. The supermarket, which is striving to turn itself around after years of declining sales, said more than 90,000 staff across all age brackets would benefit from a [...]
Debenhams set for shareholder leadership coup September 28, 2015 Debenhams is facing further shareholder unrest, with several more of its biggest investors joining broker Cenkos in its attempts to unseat the retailer’s top bosses. Milestone Resources, Schroders and Old Mutual are said to have teamed up with Cenkos, which was last week revealed to be in talks with other shareholders about possibly replacing chairman [...]