Bluewater owner Land Securities sees losses almost triple amid retail closures May 14, 2019 Land Securities, the owner of Kent’s Bluewater shopping centre, saw losses almost triple in its latest financial year as it blamed a “challenging year” full of retail closures, but still managed to bump up its dividend. Read more: JP Morgan downgrades shopping centre landlord Intu The figures The retail property giant saw losses before tax [...]
Privacy Policy May 13, 2019 Privacy Notice Last Updated: [24/10/2024] CITY A.M. LIMITED is committed to protecting our customer’s privacy. Please take the time to review this notice which explains what information we collect about you, how we use it, and your rights. CITY AM LIMITED (“THG”, “we” or “us”) is the data controller of the personal data collected via [...]
India’s Hinduja brothers top Rich List for third time as Jim Ratcliffe loses out May 12, 2019 Britain’s 1,000 richest people have again had their respective fortunes stacked against each other to determine the most wealthy person in the country, in the 2019 Sunday Times Rich List. This year it was bad news for Jim Ratcliffe, owner of chemicals giant Ineos, who dropped to third place after topping last year’s list, while [...]
The Fragrance Shop: something stinks May 10, 2019 You may have read about or watched the story of Sanjay Vadera, CEO of The Fragrance Shop, recently. He appeared on Sky News last week to talk about McArthurGlen, his landlords, who want to take away his six outlet stores and hand them to his rival, so he’s taking them to court. The case will [...]
Editor’s Notes: Harmony is in short supply in the EU as challenges loom large May 10, 2019 Faced with some major non-Brexit challenges of their own, the leaders of the EU27 and the heads of the EU’s powerful institutions are meeting in Sibiu, Romania for a summit. What’s emerged so far is the Sibiu Declaration, a beautifully vague and vacuous document committing the EU to a range of platitudinous positions such as: [...]
Maro means business: Itoje on Saracens’ European Cup final, England captaincy, his new clothing range and his NBA role models May 9, 2019 There will only be one thing on Maro Itoje’s mind when Saracens take on Leinster this Saturday: claiming a third Champions Cup title and regaining the club’s status as the best in Europe. It is an encounter that will see the England forward line up opposite James Ryan in what is sure to be a [...]
Debenhams to remain under control of investors after no appropriate buyer found May 9, 2019 Debenham’s will remain under the control of its investors after no alternative buyer was found for the struggling department store. The retailer entered a pre-pack administration in April and ownership was passed into the hands of its investors, however, administrators FTI consulting launched a marketing process to sell the company. Read more: Debenhams versus Mike [...]
Time for South Africa to heed Mandela’s call and embrace the free market May 9, 2019 When Nelson Mandela was released from prison in 1990, the then President of South Africa, F. W. De Klerk, estimated that at least half of the upper echelons of the African National Congress party were either Communist or Soviet-bloc trained. Consequently, when Apartheid was ended, economic expectations for the country were poor. Just as the [...]
Number of homes put on market tumbles as survey nears three-year low May 9, 2019 More surveyors reported a drop rather than a rise in new houses being put up for sale last month than in any other poll since June 2016, according to the Royal Institution of Chartered Surveyors (Rics). Read more: London Marathon property prices revealed ahead of this year's race Waning appetite from new buyers and uncertainty [...]
Trump claims China stalled on trade deal in hopes of dealing with Democratic president May 8, 2019 US President Donald Trump has claimed that China was seeking to U-turn on the trade deal struck between the two countries in the hope that it could renegotiate with a Democratic president following the 2020 election. Read more: Global markets in tailspin after Trump threatens huge China tariff rise He also said that China's vice-premier [...]