Category: London
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Shein’s London float in jeopardy as MPs denounce ‘disrespect’ over forced labour questions
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Shen’s ambitions to list on the London Stock Exchange have come under renewed doubt after the fast-fashion giant came under fire by MPs for repeatedly failing to address concerns about its cotton sourcing and alleged forced labor in Xinjiang. The China-founded retailer, which hopes to secure a UK flotation this…
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How to Add Value to Your London Property with High-End Renovations
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In London, every inch counts. Whether you’re selling or just want to love your home more, sophisticated renovations can increase its value. But which upgrades provide the best return on investment? From bespoke kitchens to bespoke interiors, let’s take a look at the best luxury upgrades and how they can…
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Stamp Duty hikes trigger 42 per cent slump in prime London property deals
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Repeated increases in stamp duty have had a significant impact on high-end property sales in London, with transactions in Britain’s two most expensive neighborhoods falling by 42 per cent over the past decade. According to new analysis by Savills, deals in Kensington, Chelsea and Westminster fell from 10,665 in 2013-14…
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The Ultimate Guide to Luggage Storage in London
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London is a city full of history, culture and attractions, and Victoria Station, a busy transport hub, is one of the most visited sites in the capital. Whether you’re passing by on a train, arriving for a day of sightseeing, or preparing to board a flight, one common problem many…
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The Ultimate Guide to Luggage Storage in London
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London is a city full of history, culture and attractions, and Victoria Station, a busy transport hub, is one of the most visited sites in the capital. Whether you’re passing by on a train, arriving for a day of sightseeing, or preparing to board a flight, one common problem many…
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Sagi sells London Holborn property for £180m
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The Teddy Sagi Group has sold the last property under its ownership in the Holborn area of central London. Teddy Sagi Group’s LabTech has sold the office building at 90 High Holborn for £180m, completing the sale of all six properties in Holborn. The current deal was the largest office…
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Former Asda boss Mohsin Issa invests £10m in sports supplement firm ahead of London IPO
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Billionaire retail tycoon Mohsin Issa, the former chief executive and co-owner of Asda, has made his first major investment since stepping down from the supermarket giant, investing £10m in Liverpool-based sports supplements company Applied Nutrition. The company is preparing to offer its shares for public subscription on the London Stock…
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London City Airport Secures £130m Lifeline Amid Business Travel Decline
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The owners of London City Airport have injected £130m of new equity to financially stabilize the airport amid a long-term decline in business travel. The move comes as the airport struggles to recover from the pandemic, with passenger numbers still below pre-Covid levels. The new capital was provided by a…
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Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say By Reuters
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By Julie Chu, Amy Jo Crowley, and Hadeel Al-Sayegh HONG KONG/LONDON (Reuters) – Sheen is set to hold informal investor meetings in the coming weeks on its planned London initial public offering (IPO), pushing ahead with preparations while it awaits approval from UK regulators, three sources familiar with the matter…
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London stock market reforms hailed as major draw by Hong Kong’s CK Infrastructure
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Andy Hunter, deputy managing director of CK Infrastructure, the first company to list under the new rules, said the recent reform of London’s listing rules had made the UK stock market more attractive. Hunter praised the reforms as “very welcome,” citing the streamlined process as an important factor in the…
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Shein eyes UK warehouse as it prepares for £50bn London stock market debut
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Chinese fashion giant Shein is set to open its first warehouse in Britain as part of its preparations for a massive £50bn listing on the London Stock Exchange. The company, now headquartered in Singapore, is focusing its research on the “Golden Logistics Triangle” in the Midlands, a key region known…
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Glencore to keep coal assets and stick with London listing By Reuters
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By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…
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Glencore to keep coal assets and stick with London listing By Reuters
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By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…
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London leads Europe on new FDI while much of UK sees drop, survey shows By Reuters
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LONDON (Reuters) – London overtook Paris last year to become the biggest region in Europe for new foreign direct investment but many other parts of the United Kingdom saw FDI fall, according to data that highlights the challenge facing the new government in spreading development across the country. Accountancy firm…
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Analysis-UK election brings few hopes or fears to cautious City of London By Reuters
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By Sinead Cruz and Hugh Jones LONDON (Reuters) – Britain’s financial sector has begun to embrace Labour’s pro-business initiatives and pledges of stability and support, but many in the City of London remain wary that it could be targeted to shore up Britain’s strained public finances in the future. Under…
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Imperial College London launches new lab, backed by £1 million from the IOTA Foundation
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The facility is developing bias-free, circular AI algorithms for industrial robotics and electric vehicles, battery product passports, predictive analytics tools to detect pollution from offshoring, and more. IOTA Foundation just launched Advertise Opening of a new research facility, the Imperial IOTA Infrastructure Lab (I3-Lab), at Imperial College London. The lab…
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Imperial College London launches new lab, backed by £1 million from the IOTA Foundation
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The facility is developing bias-free, circular AI algorithms for industrial robotics and electric vehicles, battery product passports, predictive analytics tools to detect pollution from offshoring, and more. IOTA Foundation just launched Advertise Opening of a new research facility, the Imperial IOTA Infrastructure Lab (I3-Lab), at Imperial College London. The lab…
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New Designers Shine at JCA London Fashion Academy Showcase
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Today marks a milestone in the careers of four emerging designers as they showcase their collections for the first time at the prestigious JCA London Fashion Academy’s undergraduate show. The event, held on the Boston Manor House campus, is a celebration of innovation, sustainability and mental health awareness in fashion.…
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London student named Fintech scholarship winner
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A student studying at City University London has won a fintech scholarship after a blog competition about issues students face in higher education. Sabrina Abdo, a second-year international political economy student, will receive a £1,000 bursary to help her with her studies. As part of her award, Abdo also has…
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UK fans wonder if Taylor Swift will say ‘So long, London’ after Eras Tour
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Breadcrumb links BMN Business Article writer: Associated Press Lisa Liv Posted on June 21, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content LONDON (AP) — Taylor Swift’s fans are having fun analyzing the…