Tom Davies talks eyewear, designing glasses for Clark Kent, and moving his factory from China to Brentford July 2, 2018 What do Ed Sheeran, Angelina Jolie, and Carrie Fisher, have in common? They’ve all worn spectacles created by luxury eyewear designer Tom Davies. The entrepreneur’s designs are highly sought after. Not only does he count celebrities among his clientele, but his glasses have appeared on the big screen. In 2014, he was asked to design [...]
For your eyes only: meet luxury eyewear designer Tom Davies July 2, 2018 WHAT do Ed Sheeran, Angelina Jolie, and Carrie Fisher, have in common? They’ve all worn spectacles created by luxury eyewear designer Tom Davies. The entrepreneur’s designs are highly sought after. Not only does he count celebrities among his clientele, but his glasses have appeared on the big screen. In 2014, he was asked to design [...]
Parliament backs third runway at Heathrow with strong majority in the absence of Boris Johnson June 25, 2018 Parliament on Monday night voted in favour of building a third runway at Heathrow Airport in a historic decision taken after decades of delays. The bill passed the House of Commons with a large majority of 296, as MPs from both Labour and the Conservatives defied their leaderships in large numbers. 415 voted in favour, [...]
Will a new cocoa cartel force up chocolate prices? June 21, 2018 Chocoholics and biscuit-lovers have been upset by the concept of "shrinkflation". This is where manufacturers reduce the size of people’s favourite treats without bothering to shrink the price. Consumers are getting less for their money – and this recent mooted changes in the cocoa market could end up handing more power to growers. Will this [...]
Can slowing money growth stall markets? June 19, 2018 It’s fashionable for central banks to be more cautious in the West. TheFederal Reserve is busy putting up interest rates. Many forecast a move up from 2 per cent to 2.5 per cent this year and a further move to 3.25 per cent next year. Meanwhile, the US central bank is also reducing its own [...]
Ranked: The banks that have closed the most branches since 2015 – and which regions have been hardest hit June 15, 2018 New analysis has revealed which of banks have shut the most branches since 2015, with NatWest, HSBC and Lloyds Bank reporting the highest number of closures. Some 2,868 UK retail branches will have shut up shop by the end of this year, with 879 bank closures during last year, according to Which? Money research. That [...]
A sovereign wealth fund could diffuse the UK’s debt timebomb June 13, 2018 There’s a hint of sunshine peeping out from behind the grey clouds of austerity. After eight long years of belt-tightening, we’re living within our means at last. Our taxes cover our day-to-day spending on things like health, education, policing and defence, so we’re only having to borrow to invest in long-term infrastructure like roads and [...]
Revealed: The UK cities where £1m properties sell fastest June 7, 2018 Homes worth £1m or more have sold most quickly in Cambridge this year, taking only 45 days on average to secure a buyer – twice as fast as the national average According to property website Rightmove, the top five fastest selling million pound locations are all outside of London: Edinburgh and Harpenden are in [...]
Workspace report solid annual figures June 6, 2018 Workspace revealed a solid set of full-year figures. Profit before tax jumped by 91.9% to £170.4 million, which comfortably exceeded the Reuters consensus estimate of £80.65 million. Net rental income rose by 21% and underlying property valuation ticked up by 5%. The strong performance helped the property company increase its return to shareholders as the [...]
End of the Roman empire? Abramovich, visas and the sudden halt of Chelsea’s £1bn stadium project May 31, 2018 Roman Abramovich has transformed Chelsea from financially stricken also-rans to serial winners and global behemoth since buying the west London club from Ken Bates in a £140m deal 15 years ago. But questions about the Russian billionaire’s future as owner have resurfaced after the Blues called an abrupt halt to their plans to redevelop their [...]