Business

Boris Johnson is happy with No Deal but has not made preparations for the chaos that could bring

For most of the past few months, it’s seemed the Brexit stalemate has been simple posturing. They talk tough on fish, we talk tough on state aid, eventually we get down to doing a deal. As chief negotiator David Frost put it at the weekend, our stance has mainly been to let them know we’ll […]

Business

Business focus: As staff return to offices, how different do workplaces look since lockdown started?

The Evening Standard is this month running a number of features on the London office market. This week Joanna Bourke looks at some immediate changes in buildings that people returning to offices might observe… London feels busier this month. The roads look busier. The tube looks busier. Offices (some) look (slightly) busier. September marks not […]

Business

Amazon names John Boumphrey new UK boss

Retail giant Amazon has announced John Boumphrey as the new boss of its UK operations. Boumphrey will take over the role of UK country manager in mid-November, when current boss Doug Gurr steps down. Boumphrey is currently the vice president of Amazon Fashion Europe, having joined Amazon nine years ago as its director of media […]

Business

Cazoo plans hiring spree as the used car retailer expands

Cazoo, the online used car retailer started by entrepreneur and Zoopla founder Alex Chesterman, is planning to go on a hiring spree, creating 200 new jobs before the end of the year. The company in July bought car dealer Imperial Car Supermarkets and it is converting 14 of that firm’s sites into Cazoo customer centres, […]

Business

Tech stocks rebound but Brexit jitters rock market

A robust performance by London’s small band of blue-chip tech stocks stabilised nerves made jittery by the prospect of a No Deal Brexit on Monday morning. Scottish Mortgage Investment Trust, which holds a significant stake in Elon Musk’s electric car business Tesla, was the biggest riser in the FTSE 100 index after a 5% rebound […]

Business

Pizza Express plan to shut 73 restaurants given green light

Pizza Express creditors have approved the restaurant chain’s restructure. The company said the creditors had voted for the company voluntary arrangement (CVA) that will lead to 73 restaurant closures and 1100 jobs being lost. Pizza Express said: “The directors of Pizza Express thank its creditors for their support during this period and look forward to […]

Business

UK house prices rose by 1.6% in August as activity picks up post lockdown

UK house prices rose by 1.6% in August as activity continues to pick up post lockdown. The stats provided by Halifax will come as welcome relief for the industry and further shows that the UK economy has started to recover since restrictions have been lifted. The increase means the average price of a property has […]