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      Government debt repayment ‘could rise to half’ of total taxes

      OBR chiefs told the Treasury Select Committee that a higher tax burden could stifle growth.

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  • Hit or miss? The best and worst football club Christmas adverts

    December 22, 2024

    Creative type Steve Howell casts his critical eye over Christmas adverts produced by Chelsea, Liverpool, West Ham and Celtic. Think of a Christmas advert and your mind may conjure memories of “A dog is for life…” or any number of classic John Lewis commercials that have become synonymous with this time of year. Whatever brand [...]

  • FTSE 100 logs worst week in more than a year

    December 21, 2024

    The FTSE 100 touched a more than one-month low on Friday and logged its sharpest drop since October 2023 for a week filled with a raft of central bank policy decisions. The FTSE 100 dropped 0.3 per cent, hitting its lowest since 13 November, though the mid-cap FTSE 250 was up 0.3 per cent, after [...]

  • Green light for redevelopment of London South Bank’s ‘The Slab’

    December 20, 2024

    The High Court ruled in favour of former Secretary of State Michael Gove's approval of the redevelopment of London’s South Bank

  • Sales skyrocket at London Waterloo after biggest ever Wetherspoons opens

    December 19, 2024

    Sales at London Waterloo shops have soared to the top of a leader-board of Britain’s busiest train stations, following the opening of the UK’s largest ever railway station Wetherspoons. The London hub reported the most quarterly sales growth of any of the 19 stations Network Rail runs in the UK, up 47 per cent year-on-year, [...]

  • Shoe Zone shares crash as Budget deals major blow to profit plans

    December 18, 2024

    Shares in Shoe Zone have plummeted to their lowest value for more than three years after the company warning the changes announced in the Autumn Budget has forced it to close a number of stores. The Leicester-headquartered retailer issued a trading update to the London Stock Exchange in which it revealed the impacted that “significant [...]

  • Why Canary Wharf has just topped the list of UK retail destinations

    December 18, 2024

    The phrase ‘London retail’ tends to conjure up images of crowds on Oxford Street, boutiques in Marylebone or Chelsea, maybe a Westfield. Green Street, however, has just rated Canary Wharf as the number one retail destination in not only London, but the UK as a whole. Canary Wharf is certainly having a good year: In [...]

  • Exclusive Neil Woodford interview: who he blames for his fund’s collapse

    December 17, 2024

    In his first interview in years, former star manager Neil Woodford makes it clear where he believes the blame for his collapsed fund lies.

  • B&M hires boss of Iron Bru maker as it battles slumping share price

    December 17, 2024

    B&M has hired the chief executive of Iron Bru maker AG Barr as it battles a slump in its share price. Euan Sutherland will become a non-executive director at the Liverpool-headquartered company from 20 January, 2025, subject to shareholder approval. If appointed, Sutherland will also join the remuneration and nomination committees. Sutherland has been chief [...]

  • Landsec buys Liverpool One shopping centre for £490m

    December 17, 2024

    Property giant Landsec has bought a controlling stake of 92 per cent in Liverpool’s biggest shopping destination, Liverpool One, as it looks to build its retail portfolio. It bought the stakes of the Abu Dhabi Investment Authority (Adia), which owned 69 per cent, and Grosvenor, which owned 23 per cent, for £490m. The deal has [...]

  • Payments regulator in Treasury crosshairs as firms revolt

    December 16, 2024

    As the government hunts for ways to make Britain more competitive, the country's payments regulator has become caught in the crosshairs.

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