Insuring electric vehicles is hugely expensive – and that might not change soon December 8, 2023 Insurers are facing a major dilemma over how to handle the huge cost of covering electric vehicles (EVs). Are they doing enough?
Watches of Switzerland reports revenue growth as US customers keep spending December 7, 2023 Watches of Switzerland, the UK's largest luxury watch retailer, today reported revenue growth of two per cent in constant currency for the first half of its financial year.
Mark Kleinman: Dr Martens boss risks tripping over his own shoelaces December 7, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Global asset manager Brown Advisory hires ex-Chatham House chief to board December 6, 2023 Sir Robin Niblett will also be joined by Sian Westerman and Jasmine Whitbread on the $135bn manager’s International Advisory Board.
Brits to cough up an £100 extra on festive treats this Christmas December 5, 2023 Cash-conscious Brits are loosening their purse strings in the run-up to Christmas as they prepare to spend an extra £100 on festive food and activities.
The Notebook: Emma-Lou Montgomery on retail’s not so cheery Christmas December 4, 2023 Where the City's movers and shakers get a few things off their chests. Today, Emma-Lou Montgomery, financial commentator at Fidelity, takes the pen.
Regatta: Questions asked after Chinese prisoner’s ID reportedly found in lining of coat at UK sale December 1, 2023 Regatta is in the spotlight as concerns are raised after a Chinese prisoner’s ID was reportedly found in a customer’s coat lining. The coat was purchased by a woman in Derbyshire as part of the British coat brand’s Black Friday sale, the Guardian reported today, but what she received wasn’t quite what she was expecting. [...]
London high streets get pre-Christmas boost December 1, 2023 The number of people hitting the high street in London grew in November, according to the latest footfall statistics, as the capital gears up for a much needed festive boost. A new reading from the British Retail Consortium (BRC) shows that footfall in London reached -0.4 per cent in November down from -2.9 per cent [...]
Mulberry: Chief calls to scrap London tourist tax as losses widen November 30, 2023 Thierry Andretta, said that a weak economic outlook is impacting the entire luxury industry and called for UK government to bring back VAT free shopping for international tourists
Whether it’s Shein or Vinted, we’re addicted to buying clothes for pennies November 30, 2023 Business is booming for both Shein and secondhand retailers. The link? We're addicted to buying clothes for nothing, writes Anna Moloney.