London

Today’s news in brief-28/2/25

London Mayor Sadiq Khan has launched a public consultation on proposals to pedestrianise Oxford Street, aiming to transform it into…

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Whole Foods to open first new UK site since 2014

Whole Foods Market has announced it is set to open its first new UK site since 2014 on London’s King’s…

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London Mayor launches proposal to pedestrianise Oxford Street

The Mayor of London Sadiq Khan has today (28 February) launched a public consultation on proposals to pedestrianise Oxford Street.…

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Hammerson rental income falls as it slashes net debt

Hammerson has seen its gross rental income fall from £208m to £189m for the year ended 31 December 2024. As…

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Today’s news in brief-24/2/25

Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a…

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Shein profits falter ahead of planned London IPO

Shein’s profits reportedly dropped by 40% to $1bn (£791m) in 2024 as the online retailer suffered a difficult final quarter…

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DFS appoints former Holland and Barrett CEO as NED

DFS Furniture has announced the appointment of former Holland and Barrett CEO Tony Buffin as an independent non-executive director. Buffin…

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Aldi to invest £67m in existing stores in 2025

Aldi has announced it is set to invest £67m in upgrading its existing stores in 2025. The UK’s fourth largest…

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Today’s news in brief-19/2/25

Inflation in the UK reached its highest level in 10 months, hitting 3% in January 2025, up from 2.5% in…

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Club L London turnover doubles to £44m in 2024

Fashion retailer Club L London is targeting international expansion after turnover doubled to £44.4m during the year ended 31 March…

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