adidas open new flagship Originals store in Soho October 9, 2020 Adidas today open the doors to a new flagship store on Carnaby Street in what bosses at the iconic brand describe as a commitment to the capital. The store houses the most exclusive adidas Originals products as well as featuring a host of artworks from many of London’s most talked about young artists. City A.M. [...]
Netflix to triple London office space as it cashes in on British success stories October 9, 2020 Netflix is set to massively expand its London office space as the US streaming giant doubles down on its commitment to the UK. The streamer will triple its footprint to 100,000 square feet when it moves into the Copyright Building in the West End. Netflix is taking over the lease from outsourcing giant Capita, which [...]
Huawei: ‘Clear evidence’ of collusion with Beijing, MPs warn October 8, 2020 There is “clear evidence of collusion” between Chinese tech giant Huawei and authorities in Beijing, top MPs have warned. In a report published today parliament’s defence committee claimed Huawei was “closely linked” to the Chinese state and the Communist Party. It also cited concerns about Huawei’s receipt of state subsidies and Chinese intelligence laws that [...]
Don’t let London become a Donut: Crowded on the outside, empty in the middle October 2, 2020 As a Londoner born and bred, I am acutely sensitive to the ebb and flow of people travelling in and out of London on a daily basis — the human tide of our capital. Despite various pleas and edicts, right now the centre of London is pretty much empty. The tide went out abruptly at [...]
UK housing market continues strong recovery as prices surge September 30, 2020 UK house prices rose by five per cent in September compared with a year previous according to the latest data from Nationwide. The building society said the annual rate of growth was at its highest in four years as the post-lockdown recovery continued. Its lending data revealed that there had been a 0.9 per cent [...]
Rebel water companies get partial support in fight over price cuts September 29, 2020 Four water companies have today won some critical support in their fight against proposals that would force them to slash household bills. As a result of the provisional ruling from the UK’s competition watchdog, Anglian, Bristol, Northumbrian and Yorkshire will be able to spend an additional £214m in investment into the UK’s creaking water infrastructure. [...]
Lockdown entrepreneurs given chance to secure West End retail space September 29, 2020 Entrepreneurs that have established new brands during the UK coronavirus lockdown could secure physical retail space in the West End through a pop-up incubator initiative. West End landlord Shaftesbury has launched a scheme to offer retailers the chance to operate from a pop-up store in Seven Dials in a bid to support new businesses. The [...]
Report: ‘Worst-case’ Covid-19 scenario could “wipe out” London’s cultural sector September 29, 2020 The West End could suffer a 97 per cent slump in added value by 2024 if stricter long-term coronavirus restrictions are imposed, businesses have warned. A new report showed that the Covid-19 pandemic could cost the West End’s arts and culture sector £4.7bn annually in 2024 under a “worst case scenario” involving a year-long lockdown. [...]
Crypto will never hit critical mass until cybersecurity improves September 29, 2020 Another week, another hack, another exchange, another theft. Welcome to the recurring world of crypto attacks and the reason why appalling cryptocurrency security is holding back the industry from entering the mainstream. This time it was Singapore-based digital exchange KuCoin and its customers that were taken for $150 million after the exchange noticed large withdrawals [...]
Westfield’s Tudor period September 28, 2020 Stepping well and truly from the shadow of big brother Rolex, Tudor has cut the ribbon on a spectacular debut European boutique, in partnership with Watches of Switzerland, right here in London Town. Alex Doak reports When Hans Wilsdorf patented the dial name ‘Tudor’ back in 1926, little could he have known what journey it [...]