Marks & Spencer set to buy more food from EU amid border disruption in Northern Ireland May 23, 2021 Marks & Spencer will reportedly start buying more food from the EU as it looks to reshape some of its supply chain amidst chaos on the Northern Ireland border. The retailer is looking to source more products from companies on the Continent as well as from Ireland and Northern Ireland, the Telegraph reported. It comes [...]
Heathrow to open separate terminal for red list arrivals May 21, 2021 Heathrow Airport will open a dedicated terminal for arrivals from red list countries in a bid to minimise mixing between passengers from different destinations. The UK’s largest airport said it would introduce segregated arrivals for people travelling from high-risk red countries in Terminal 3 from 1 June. They will then travel to a hotel to [...]
Brexit impact: Heathrow loses legal bid over end of tax-free shopping for tourists May 21, 2021 Heathrow Airport has lost a High Court bid to challenge the scrapping of tax-free shopping for tourists. Two schemes providing VAT-free shopping for some international visitors were withdrawn by the Treasury at the end of the Brexit transition period on 1 January of this year. The Treasury and HMRC’s decision related to the VAT Retail [...]
Boris Johnson must throw his support behind London to ensure an economic recovery May 20, 2021 Many people are overjoyed to return to central London and the streets are slowly coming back to life as colleagues, friends and families meet in outdoor cafes, restaurants and bars. Talk to any cabbie or shopkeeper and they’ll tell you that business and footfall is a long way from pre-pandemic levels. Hopes are pinned on [...]
West End landlord Great Portland Estates swings to loss as tourists and Londoners stay at home May 19, 2021 West End landlord Great Portland Estates slump as tourists and Londoners stay at home
The City is the global gateway for financial flows post-Brexit, says Africa’s rising finance star May 13, 2021 With the focus of Brexit being on the relationship between the UK and EU, some in the City and beyond argue that not enough attention is given to the international impact of Brexit, specifically on Africa. With the removal of European market caps, there has been an increase in trade between the UK and Africa, [...]
Carphone Warehouse, Currys PC World and Dixons Carphone to disappear in huge Currys rebrand May 13, 2021 Electricals retailer Dixons Carphone has revealed plans to rename all its UK and Ireland shops as Currys as part of a major rebrand. The group said Currys PC World, Carphone Warehouse, Team Knowhow and Dixons Carphone will all become Currys by October, with a new Currys website also set to be launched. It will see [...]
London Mayoral elections: Whoever wins, scratchy relations with Downing Street must be mended to fight for the capital April 22, 2021 The Covid crisis has laid bare some of the UK’s harshest inequalities, nowhere more starklythan in London. East London boroughs have seen some of the highest death rates in thecountry, and London’s unemployment rate has soared. But other boroughs have some ofthe country’s lowest death rates, and the city that has lost most jobs has [...]
Transport for London to face funding squeeze as journey numbers will ‘never hit pre-Covid peak’ March 29, 2021 Transport for London to face funding squeeze as journey numbers will never hit pre-Covid peak
Fight for the high street: Sunak’s Budget will stop the bleeding, but we must look long-term March 5, 2021 For London’s struggling retailers and leisure operators, Rishi Sunak’s budget provided some welcome respite. The three month extension to the business rates holiday, the £5 billion Restart Grant scheme and the extension to the furlough initiative should enable some of the brands on the high street to survive, at least until they have the opportunity [...]