Planning bill will ‘avoid bat tunnels’, housing minister claims March 11, 2025 The government hopes its planning reforms will “avoid bat tunnels”, the housing minister has said. It comes as Labour unveiled major changes to the UK’s planning permissions system – as part of the Planning and Infrastructure Bill – with measures to overhaul how developers meet environmental obligations, replacing site-specific schemes with a general fund. Speaking [...]
Interactive Investor CEO: My top three tips for investing March 11, 2025 The boss of Interactive Investor has shared his top three tips for investing in UK and foreign markets ahead of the Spring Statement.
Stella McCartney: Fashion brand suffers sales slump amid huge loss March 11, 2025 Sales at Stella McCartney’s fashion brand were slashed almost in half as its losses widened by £15m in the year before the designer bought out LVMH, it has been revealed. Accounts filed almost six months after the Companies House deadline show Stella McCartney Ltd’s turnover was slashed from £40m to £21.9m in 2023. The accounts [...]
Boohoo rebrands as Debenhams in shift to a marketplace model March 11, 2025 Boohoo will rebrand to Debenhams as it shifts to a marketplace model to house its brands in the first phase of its turnaround plan. Shares in the company dropped just over three per cent on the news. The Manchester-based company has been struggling with low sales for its youth brands—Boohoo, PLT, and MAN—posting a pre-tax [...]
Costain doubles dividend as pipeline jumps March 11, 2025 Costain has doubled its full-year dividend after reporting a record increase in forward work. On Tuesday, the London-listed construction firm said it would increase its dividend per share from 1.2p to 2.4p. Earnings per share also rose by nearly a fifth to 14.6p, up from 12.2p the year prior. It came as Costain’s forward work [...]
Exclusive: London Lions owner pledges ‘hundreds of millions’ for new arena March 11, 2025 The Lithuanian billionaire who rescued London Lions has revealed he is ready to spend “hundreds of millions of pounds” to build their new home. Tomas Okmanas, the co-founder of cybersecurity company Nord, said the purpose-built basketball arena – by far Britain’s biggest – could house up to 20,000 spectators. The plans were first announced on [...]
Evri-thing that’s wrong with parcel delivery March 11, 2025 Missed deliveries, parcels abandoned on doorsteps or sent to the wrong house – online shopping has gone from a convenience to a hassle. But why do couriers provide such bad service? Asks Emma Revell It’s not a career I ever expected to get into, but I appear to have found myself working as a parcel [...]
Labour’s growth agenda? Necessary but not sufficient. March 11, 2025 Ministers will be deeply frustrated at the lack of economic growth, though they ought not to be surprised. Their own missteps have been well covered in this newspaper, and week after week new survey data reveals the extent to which government policies have dampened spirits, reduced hiring and spooked confidence. However, while their opening salvo [...]
What’s in the government’s new planning reform bill? March 10, 2025 The government has promised to unleash the biggest building boom in a generation through its wide-ranging planning reform bill, which will head into parliament today. Drafted in response to a crisis which has seen a massive shortage of affordable housing, as well as rising house prices and rents to due undersupply, the bill intends to [...]
Brewdog: James Watt’s brewer names second CEO in a year March 10, 2025 Brewdog has appointed a new chief executive for the second time in the space of a year following the departure of James Arrow for “personal reasons”. Arrow has been succeeded at the Scotland-based brewer by chief financial officer, James Taylor. Lauren Carrol has taken on the role of chief operating officer, Brewdog also confirmed. The [...]