Now Tesco’s doing same-day click and collect in battle with Amazon August 25, 2016 Tesco's adding a new feature to its online shopping and letting customers order and pick up their items on the same day as it takes on AmazonFresh in the battle for grocery delivery market share. The same-day click and collect service will be available at 300 of Tesco's largest stores across the country in the wake of [...]
Edinburgh should stay the top UK location for commercial property investment outside London post-Brexit August 23, 2016 It’s fair to say we live in interesting times post-Brexit. The only tangible outcome of the United Kingdom’s EU referendum on 23 June has been uncertainty so far. But while many across corporate Britain wait for greater clarity, property deals continue to be made – with investors showing a clear preference for traditionally strong, robust [...]
First time buyers bounce back on to the property market as stamp duty changes take effect August 22, 2016 First-time buyers have finally started taking a bigger slice of London’s most exclusive postcodes, as stamp duty changes scare off landlords. The proportion of prime London home purchases made by first-time buyers went from 22 per cent in the first quarter of the year, up to 34 per cent in the second, according to data from [...]
Never mind the Brexit: Meet JP Morgan’s “glass half-full” European chief August 14, 2016 JP Morgan Chase employees were left in little doubt about how damaging the UK’s Brexit vote could be. In early June, chairman and chief executive Jamie Dimon spoke to staff in Bournemouth alongside now-former chancellor George Osborne and warned that a vote to leave the European Union could lead to as many as 4,000 job losses [...]
Business and entrepreneurs pile pressure on Sadiq over Uber red tape August 14, 2016 Business groups and entrepreneurs have piled the pressure on the Mayor of London Sadiq Khan, warning that new rules clamping down on Uber will stifle innovation in the capital and its multi-billion pound digital economy as he attempts brand the city "open for business". New rules have drawn the ire of business groups and tech entrepreneurs, who labelled them a backwards step that threatened the [...]
Cross-party group of 11 London councils calls on Theresa May to back Gatwick expansion August 11, 2016 A cross-party group of 11 London councils is urging the Prime Minister to back Gatwick expansion over Heathrow. In a letter to Theresa May, the councils said there is a “broad and growing consensus behind Gatwick expansion” and pledged to work with ministers to support the “bold and ambitious project”. Their backing comes after mayor of [...]
Business pushes government once again on airport decision after Gatwick records largest ever month of traffic August 11, 2016 Business groups have jumped on data showing Gatwick recorded its busiest ever month in its 80 year history to push for a decision on aviation capacity. Some 4.6m passengers travelled through the airport in July, up 6.9 per cent on the same month last year, while long-haul jumped 23 per cent. Business groups welcomed the news, but indicated it [...]
Revealed: How West Ham owners are free to cash in on Olympic Stadium deal July 31, 2016 West Ham United’s complex deal for the Olympic Stadium, the full details of which are laid bare for the first time today, could make the football club’s wealthy owners even richer than previously thought – at the expense of the taxpayer. As the Hammers prepare to play their first match at the largely public-funded £700m [...]
This is what Norway might be giving Finland as a birthday present next year… and it’s going to be pretty hard to wrap July 29, 2016 Birthdays… they stump us all, and not least when diplomacy is involved. It must be hard to think of a new present to give a country each year, but this week the Norwegian government confirmed it is considering giving Finland – wait for it – an arctic mountain for its birthday next year, when the country [...]
Leaving the EU only strengthens the case for expanding both Gatwick and Heathrow July 28, 2016 As MPs prepare to jet off on their summer holidays, there is one big decision that awaits their return: where to build a new runway in London and the South East. This is a decision that has now dragged on beyond all belief. When the Airports Commission published its final report over a year ago, we [...]