Capital & Counties Properties ( LON: CAPC), the owner of Covent Garden estate reduced by 27 per cent in 2020 on a like-for-like basis, and has taken a hit of £400m on the value of London shopping and entertainment site, as the independent property valuation had fallen to £1.8bn as of the end of 2020,…
Category: Business
Michael Birch co-founder of Bebo plans to relaunch his social network with real-time interactions between friends rather than the new feeds displayed by Twitter and Facebook which inadvertently spread fake news. Bebo – an acronym for “Blog early, blog often” was once the most popular network in the UK, Ireland, Australia, and New Zealand. In…
Asos, the online fashion retailer has bought the Topshop, Topman, Miss Selfridge, and HIR brands from failed retail group Arcadia in a deal worth £295mm and a further £30m for the stock acquiring the stock and the brands but not taking on the stores. Nick Beighton, CEO of Asos said: “The acquisition of these iconic…
The worst outbreak of plague in England since black death of 1348, is the great plague of 1665-1666 when London lost roughly 15 per cent of its population, as 68, 596 deaths were recorded in the city, the true number could be over 100, 000. In late 1664, a bright comet was to be seen…
Although the highly anticipated and eagerly awaited Sony PlayStation 5 next generation Console was released on November 19th in the UK, it is very difficult to get hold of one, as the limited stock selling out within minutes across national retailers lie Argos, Game, John Lewis, Currys, Amazon. Giving buyers the option of purchasing a…
The United Kingdom is a European country, but not the same kind of European country as Germany, Poland, or Hungary as for 150 centuries Britain has been inhabited and been on the edge, culturally and literally, of mainland Europe. Will the unruly forces unleashed by Brexit break up the Union? Historian, Robert Tombs reveals that…
Cameron House, a Scottish luxury Hotel has been fined half a million pounds over a fire that claimed the lives of two guests. Richard Dyson, 38, and his partner Simon Midgley,32, died in the hotel blaze on the bank of Loch Lomond in December 2017. A hotel porter has been given a community payback order…
Habitat Retail Ltd trading as Habitat a retailer of household furnishings in the United Kingdom founded in 1964 by Sir Terence Conran, Home Retail Group including Argos was bought by UK retailer Sainsbury’s for £.14bn. In 1968 Habitat merged with the stationery retailer Ryman to form Ryman Conran and the following year it purchased the…
Asian food pioneer in the UK, Kirit Patak former boss of £200m Patak’s has died after a crash on Saturday in Dubai aged 68. The father of three was a well-known Bolton businessman taking over the global brand from his parents. Mr. Pathak lived on Victoria road, Heaton, where he raised his children Neeraj, Anjali,…
Apple which has more than 1.65 billion active devices globally, including more than 1billion iPhones, their sales has hit more than £81bn ( $111bn) in the last three months of 2020 a 21 per cent up from last year despite the pandemic as other companies have struggled. Apple sales in the greater China region,…