Architects call for public inquiry over plans to bulldoze ‘important’ M&S flagship Oxford St store May 19, 2022 A coalition of historians and architects have urged Michael Gove to hold a public inquiry into plans to bulldoze the Art Deco M&S flagship store on Oxford St. The supermarket hopes to demolish the iconic building, constructed in 1929, in order to create a new 10-storey building, with office space and a gym. Architects – [...]
Tesco will plough ahead with removing multi-buy promotions on sugary foods despite government delay May 19, 2022 Supermarket giant Tesco has announced it will continue with plans to remove volume-led promotions of sugary foods, despite the government pushing back legislation by a year. The supermarket said this decision had been taken after customer feedback that they wanted the business to help them make healthier choices. Removing ‘buy one get one free’ promotions [...]
Asos chair Ian Dyson to take on role as Currys chair May 19, 2022 Currys has announced Asos chair Ian Dyson will join the company as chair of the electronics retailer. Dyson will succeed Ian Livingston by joining the board as chair on 8 September, when Livingston will step down from the board. The Asos chair has decades of experience of retail and leisure, including a five-year stint as [...]
Young’s to swap salmon and chicken for cheaper alternatives May 19, 2022 Pub chain Young’s has said it is prepared to switch pricier menu staples for cheaper alternatives as inflation stands at a 40-year high. Speaking to CityA.M., Young’s CEO Patrick Dardis said the company had switched salmon for fresh trout after steep price increases. “Pork is cheaper than chicken and so we have the ability to [...]
Marks & Spencer’s CFO urges Chancellor Rishi Sunak to firmly reject online sales tax May 19, 2022 Marks and Spencer has reportedly warned the Government that an online sales tax would do more harm than good for the high street. In February, the Government launched a consultation into possibilities for an online sales tax to ease the business rates burden on high street stores. In a letter to Chancellor Rishi Sunak, reportedly [...]
Pubs to rake in bank holiday sales with 90m pint prediction May 19, 2022 Pubs will pocket some £105m in pint sales from the Platinum Jubilee Bank Holiday as millions of Brits flood to beer gardens to make the most of the extended weekend. Around 90m pints are to be sold to thirsty punters, according to the British Beer and Pub Association’s (BBPA) forecast. Pubs are eagerly hoping for [...]
Social animals: Marston’s boss insists Brits’ thirst for the pub will not dry up despite historic inflation May 18, 2022 Brits will continue to be “social animals” at the pub, despite inflation hitting a 40-year high, the boss of Marston’s has said. “Having been locked up for two-three years, we are even more social animals,” Andrew Andrea insisted. The pub boss was optimistic that, despite increasing cost of living concerns, punters would continue to knock [...]
Katy Perry is the new face of Just Eat Takeaway May 18, 2022 Popstar Katy Perry has been revealed as the new face of Just Eat Takeaway, stepping into Snoop Dogg’s shoes. In a new advert for the food delivery firm, the US singer has remixed the company’s ‘Did Somebody Say… Just Eat’ jingle. “Working with Just Eat was a really fun and natural experience. Coincidentally most of [...]
High street bosses plead for crisis cash to help with dramatic energy bill hikes May 18, 2022 High street businesses have called for emergency help over skyrocketing energy bills, as bosses warn a cocktail of cost pressures threaten to subdue their pandemic recovery. Without government action, historic levels of inflation and dramatic energy bill rises pose a risk to the beauty sector’s recovery, the British Beauty Council has said. The industry group [...]
Brexit red tape onslaught deepens as UK economy loses £47bn because businesses drown in cross-border tax complexities May 18, 2022 Cross-border tax complexities cost the UK economy £47.6bn in lost revenue last year, an average revenue loss of 16 per cent on total EU exports, according to fresh industry data shared with City PM this morning. The stresses of navigating complex regulations post-Brexit continues to hold back growth for UK exporters, and is causing significant [...]
