Debenhams has announced a shake-up strategy aimed at boosting its appeal by investing in its in-store cafes and improving its online offering. The plan includes a review of up to 10 of its 176 UK stores for possible closure over the next five years. A central distribution warehouse in Northampton and about 10 smaller warehouses…
Pop-star Janet Jackson has split from her husband Wissam Al Mana just months after giving birth to her first child at the age of 50. Al Mana is the CEO of the multinational Al Mana business conglomerate and is estimated to have a fortune of around £800million. The couple wed in 2012 and was Janet…
A recent judgement has been made in the professional negligence case of Adams v Atlas International Property Services Ltd which saw many individuals lose their homes which they had purchased during the Spanish property boom. Purchasers in England had bought property in Spain after seeing adverts placed by English agents for the developer and who…
Unilever is to sell its margarine business, including Flora and Stork. It comes as part of a review at the Anglo-Dutch firm, which recently saw off a takeover bid from US food giant Kraft Heinz. The sell-off could fetch $6bn (£4.8bn). Unilever is also studying whether to change its status and looking at the wider…
Actor David Schwimmer announced that he and his wife Zoe Buckman are taking time apart. The couple who married in June 2010 stated “It is with great love, respect and friendship that we have decided to take some time apart while we determine the future of our relationship”. The couple have a 5 year old…
Olympic medalist figure skater Michelle Kwan and political activist Clay Pell are getting divorced after 4 years of marriage. Kwan is the most decorated figure skater in American history. She won five World titles as well as the silver medal at the 1998 Winter Olympics and bronze at the 2002 Games. According to sources Pell…
Lloyd’s of London will establish a new European subsidiary in Brussels to avoid losing business when the UK leaves the EU. Lloyd’s is one of Britain’s oldest institutions and is the world’s leading insurance and reinsurance market. Several investment banks such as Bank of America, Barclays, and Morgan Stanley are considering relocating staff to Dublin…
Giovanni Jacovelli, who runs the Conwy Valley Maze in North Wales, says he has been subjected to repeated threats by Terrence Maitland, who lets out a holiday cottage on neighbouring land over a post put on the boundary between the properties. In footage filmed by Mr Jacovelli, Mr Maitland is heard shouting, “That post is…
Bankers Andrew and Penny McSpadden have been involved in a parking dispute with finance company boss Sheriar Bradbury for a number of years over the size of the car parking bays outside the converted church they share in Hampstead. The dispute escalated when art dealers Mary and Yuval Hanina paid £1.45m to buy the third…
Shoe retailer Brantano has gone into administration, putting more than 1,000 jobs at risk. The chain was bought out of administration in 2015 by a company controlled by turnaround specialists Alteri Investors. Since then Brantano has suffered from the “depressed and competitive” footwear market, as well as the fall in sterling. Alteri also owns Jones…