243-year-old Debenhams is set to close 124 stores after it failed to agree on a rescue package. IN 1950 it became the largest department store group in the UK, with 110 stores and in 2006 it joined the stock market for the third time with a worth of £1.7bn a price tag it has never…
Sir Philip Green’s retail empire Arcadia owner of Topshop, Burton, Dorothy Perkins has gone into administration risking 13, 000 jobs, after failing to secure extra funding to pay debts after sales slumped during the second pandemic lockdown. The group which runs 444 stores in the UK and 22 overseas, said 9,294 employees are currently on…
Kaavan, the world’s loneliest elephant has entertained crowds for decades from his tiny half-acre enclosure barren patch of land in Marghazar zoo in Pakistan, is finally Free, transport five-and-a-half tonne Kaavan on an eight-hour flight to to Cambodia, thanks to the determination of coalition of determined volunteers including the American pop icon Cher. Kaavan may…
The English Heritage unveiled blue plaque on the wall of Schomberg House on Pall Mall, London to commemorate the residence of Quobna Ottonah Cugoano, the author and campaigner in 1787 wrote one of the first exposes by an African of slave trading, criticising continued tolerance of horrors of the slave trade by the British Government…
A former competition lawyer telling us after the collapse of the Rana Plaza clothing factory in Bangladesh in 2013 after driven by competition to cut costs and maximise profits quite literally may kill us. The rising levels of power are concentrated in the hands of a few yet no government or organisation has the…
The construction giant Carillion, an outsourcer of huge Government building contracts, leading to one of the greatest financial scandals of modern times following their collapse in January 2018. When it folded it had only £29 million in the bank and debts and other liabilities adding up to a staggering £7 billion, amounting the final…
A highly provocative book by an Indian academic who is the Associate Professor of Modern South Asian Studies at the University of Copenhagen, revealing how India is being repackaged into a national brand to be sold to foreign investors, part of ongoing historical shift. “The capitalist transformation of India wherein the logic of capital is…
Miami fashion designer awarded £148.6m in PPE contracts. Details of the deals amounted to £103.1million, with the other two trackings at £12.1m and £33.4m respectively. The government reveals the type of PPE supplied by Private sector firms ( such as masks, gowns) but no further information has been provided. None of the contracts were subject…
Award-winning investigative Financial Times journalist Tom Burgis reveals a terrifying global web of corruption by following the dirty money that is flooding the global economy, emboldening dictators, and poisoning democracies, spanning Kremlin to Beijing, Harare to Riyadh, Paris to the Trump White House, all at a terrible human cost. A body in a burned-out Audi.…
David Omand, a rising Whitehall official, in 1982, with John Nott carrying top-secret folder intercepts from Government Communications Agency, GCHQ, met with then Prime Minister Margaret Thatcher, to reveal decrypted messaged, sent by the Argentine Navy, showing Leopoldo Galtieri’s junta was set to seize the Falkland Islands. The capital Port Stanley fell a few days…