Why we need an ambassador for London May 13, 2024 London is the greatest city in the world, a mayor and a Lord Mayor aren’t sufficient to sing its successes on the international stage, says Eliot Wilson Two mayoral elections in three years have left London politics rancorous, mean and bitterly divided. The postponement of 2020’s election due to Covid-19 was inevitable, and, with a [...]
Sir Paul Smith takes aim at tourist tax as foreign shoppers ditch Mayfair for Milan May 12, 2024 Fashion legend Sir Paul Smith has joined the long list of business figures frustrated by the scrapping of VAT-free shopping for international visitors.
Selfridges to make redundancies at London HQ and hits out at ‘absence of a tax-free shopping’ May 9, 2024 Luxury department store Selfridges is to make around 70 redundancies at its London head office.
Mulberry continues to suffer on weak luxury demand May 1, 2024 Consumers have continued to spend on makeup and beauty goods but have reduced their spend on some luxury items like handbags.
Transport Strikes Hit London & The Hospitality Yet Again April 24, 2024 London’s hospitality sector, already reeling from a series of walkouts by ASLEF and TSSA members in April, faces further challenges with a new wave of proposed strikes in May. ASLEF train drivers across the UK have announced a rolling programme of strikes planned from 7th May to 9th May together with drivers not working overtime [...]
Heathrow Airport hits historic footfall but urges UK to ‘rethink anti-growth policies’ like tourist tax April 24, 2024 The group has swung from a £60m loss during the same period last year to £83m profit in 2024.
Mortgages are up but don’t get too excited April 19, 2024 What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven MacDonald When it was announced [...]
Let’s be honest, Tesco making big profits is a good thing April 18, 2024 Instead of criticising Tesco for having a bumper year, we should praise it for providing cheap food and jobs for millions, says Matthew Lesh There’s an unorthodox tourist sight that I always tick off on trips abroad. It’s not that I don’t check out the historic squares, the museums and galleries or even the nightlife. [...]
Time Out to open in Budapest, Abu Dhabi and Vancouver in 2025 – but still no London market April 17, 2024 To add to its existing seven food and drink markets, Time Out also has plans to open eight other sites in the next three years.
Electronic Travel Authorisation: Heathrow’s new £10 charge to change explained April 13, 2024 Heathrow has described the new ETA as a "huge blow" that will place the UK at a "competive disadvantage" against international rivals.