Asda needs to ‘dig down into its soul’ and recover sense of purpose, say analysts December 9, 2024 Asda needs to “dig down into its soul” and reshape its pitch to customers if it wants to tackle the rising threat from the likes of Aldi and Lidl following a rollercoaster 2024, analysts have warned. The Leeds-headquartered supermarket giant has not been far from the headlines all year amid debt struggles, strikes, falling sales [...]
The markets in 2025 December 9, 2024 Market forces are likely to continue to change into next year and dealmakers need to be ready, says Merlin Piscitelli With elevated wage costs and tax changes, business sentiment has sunk to an all-time low, following the Autumn Budget. But while confidence in growth under a Labour government appears weak, one industry that is booming is mergers [...]
London says ‘olá’ to Latin America December 9, 2024 Fuelled by a growing economy and a burgeoning middle class, there’s no better place to look for investment than Latin America, says Vincent Keaveny Despite challenges to its leadership, London has fought to retain its top position in the global financial sector. The City of London Corporation’s 2024 benchmark saw the capital just about beat [...]
Titanic shipyard Harland & Wolff closes in on rescue deal with Navantia December 8, 2024 Navantia has won approval from the Cabinet Office to take control of the Harland & Wolff's four UK shipyards, Sky News reported.
Voters ‘angry’ and impatient’, Rayner admits, amid fall in Labour support December 8, 2024 Voters are angry and impatient for change, Angela Rayner has admitted, amid a fall in support for Labour in the polls and a rise for Reform UK. The deputy Prime Minister said she understood the mood of the country after what she called several “significant challenges” faced by the government in its first months in [...]
UK adults spent more on Black Friday than they invested the entire year. Something’s gone wrong! December 6, 2024 When the average UK adult spends more on Black Friday than they invest in an entire year, it’s clear we’re losing the battle for consumer attention.
City of London approves plans for new skyscraper near Walkie Talkie December 6, 2024 The City of London has approved plans to build a “landmark” 36-storey tower near Liverpool Street. The proposals for the £500m tower, located at 60 Gracechurch Street, were first put forward in April by the UK property developer behind The Shard, Sellar, and Japanese developer Obayashi. The developers had said the construction will start in [...]
Revolut adds ex-Lord Mayor and KPMG veteran to UK board ahead of bank launch December 6, 2024 Revolut has appointed a former Lord Mayor of London and Big Four veteran to its UK board as the fintech giant prepares to launch as a fully-fledged bank in its home market. The London-based banking company added Fiona Fry and Peter Estlin as non-executive directors while it works through the mobilisation period for its UK [...]
The Devil Wears Prada musical review: Meryl Streep is missing December 6, 2024 The Devil Wears Prada musical review and star rating: ★★★☆☆ Despite her many more serious, grown up roles, Meryl Streep has become defined by The Devil Wears Prada. Such is the fascination with enigmatic Vogue editor-in-chief Anna Wintour, who Streep plays a fictionalised version of in the film. Both Wintour and the character Miranda Priestly are [...]
Oxford Street M&S: Angela Rayner gives all-clear for demolition December 5, 2024 Angela Rayner has given the all-clear for the demolition of the flagship Oxford Street Marks & Spencer store. The deputy prime minister has granted permission for M&S to demolish the 94-year-old shop at Marble Arch in a decision published today. Plans to knock down Orchard House, which dates to the 1930s, and two other buildings, [...]