Retailers hit with fresh blow as nearly 50 per cent of Brits think the high street is ‘no longer relevant’ May 29, 2023 Nearly half of Brits believe that high streets are no longer relevant, with new data showing that the public is craving a change to their local high street in order to continue visiting it. The data, published by IT company Accenture, comes as retail experts have forecasted that up to 18,000 stores could vanish off [...]
Labour ‘may as well hand out dole notices’ after North Sea oil ban plans May 29, 2023 LABOUR were accused of undermining the UK’s energy security after it emerged the party was considering banning new North Sea oil and gas licences, should it win the next election. Reports in the Sunday Times suggested that Keir Starmer and his shadow chancellor, Rachel Reeves, were minded to block any new development in what remains [...]
Spain: Local elections rout sees PM call snap election for July May 29, 2023 A LOCAL elections rout over the weekend has forced the socialist Spanish Prime Minister Pedro Sanchez to declare a snap election. A host of regional governments fell from Sanchez’s party’s control into the hand of the main conservative opposition, the People’s Party, with the PM saying he must “take personal responsibility for the results.” The [...]
New Look in talks with lenders to refinance £100m debt May 26, 2023 New Look is reportedly in talks with its lenders to refinance £100m of debt amid a challenging time for the British fashion chain. New Look is understood to be working with advisers at Deloitte on exploring options for a term loan which ends its June 2024, according to reports in Sky News. Sources told the [...]
Metrikus and PlanetWatch partner to provide clients with unparalleled environmental data and insights May 26, 2023 | Sponsored Metrikus has closed a strategic partnership with PlanetWatch to enhance its building efficiency software with valuable environmental data and insights. Metrikus is the market leader in providing data-based solutions, with the ultimate goal of making buildings more efficient, productive and sustainable. By partnering with PlanetWatch, Metrikus will be able to provide clients with real-time outdoor [...]
EP: 202 Haydock, Goodwood, York & Hong Kong May 26, 2023 It’s a busy day of racing on Saturday with meetings at Haydock, York and Goodwood in the UK plus there’s the Irish 2,000 Guineas at the Curragh on the same afternoon. Morning Wire Racing editor Bill Esdaile previews the best of the weekend’s racing action with Wally Pyrah looking at Sunday’s card in Hong Kong. [...]
Aspects of love, London, review: Flatly ridiculous, utterly gorgeous Michael Ball musical May 26, 2023 Aspects of Love review and star rating: ★★★★ I think I must be mad, but I really enjoyed this absolutely morally bankrupt musical about a weirdly incestual group that all seem to have sex with each other, no matter their relation to one another, and no matter how flatly ridiculous it all seems. I’ve never [...]
Inflation here, inflation there – when will governments see Bitcoin fixes this? May 26, 2023 Jason Deane rounds up the narratives and looks at the questions facing the economic world as one answer endures... 'Bitcoin fixes this'.
Asos share price in focus after £75m cash call May 26, 2023 Asos has tapped shareholders for £75m as the loss making retailer attempts to repair its balance sheet. The pure-play digital retailer revealed the plans to investors yesterday, with the fundraising underwritten by three shareholders including Danish billionaire Anders Povlsen, the owner of Bestseller through his investment vehicle. In a separate cash building move, Asos also [...]