Mike Ashley’s Frasers Group says it would be interested in participating in the sale process should Sir Philip Green’s Topshop empire collapse. The company released a statement to the City on Monday morning to confirm a story by Sky News that it had offered Arcadia Group a £50m loan to avert it calling in the
admin
Some 13,000 retail jobs are hanging in the balance after high street giant Arcadia collapsed into administration. Sir Philip Green’s retail empire operates from 444 sites in the UK and 22 overseas as well as online – and currently has more than 9,000 staff on furlough. The workforce now faces an uncertain future, though no
Australia has demanded a Chinese official take down a fake image posted on Twitter depicting an Australian soldier holding a knife to the throat of an Afghan child. In a media briefing condemning the image, Australian Prime Minister Scott Morrison described it as “truly repugnant”. “It is utterly outrageous and cannot be justified on any
Sir Elton John has said the “horrible things” football fans said about his clothes and music kept him grounded at the height of his fame. The Rocketman singer is a lifelong Watford FC supporter and was owner and chairman of the club in the 1970s and 1980s, when he released many of his hit songs.
November 29th, 2020 by Michael Barnard First, a mea culpa. I got something wrong. A couple of weeks ago I published a piece which analyzed the amazing value that we could get if we simply replaced gas furnaces and air conditioning in the worst 10% of commercial buildings. I found that Canada could save “1.9
November 29th, 2020 by Carolyn Fortuna The climate crisis has exacerbated the frequency, duration, and intensity of extreme heat events and power outages and has changed the everyday energy experiences and practices of consumers. We’ve come to an awakening that, when we are challenged by energy gaps or weather crises, we find ourselves quickly needing
Boris Johnson is due to publish an impact assessment of coronavirus restrictions as he continues to try to convince Tory MPs to back his plan for a new tier system in England when the national lockdown ends on Wednesday. The prime minister is expected to share analysis of the health, economic and social ramifications of the measures taken
U.S. Big Oil majors are behind their European counterparts in carbon strategies, and the U.S. shale market will remain one of the key drilling regions globally. David McNew | Getty Images LONDON — Oil-producing group OPEC, and its allies, will likely delay an output hike at its meeting this week as it weighs positive vaccine
The US is entering into a “precarious situation” just before Christmas, according to the country’s top advisor on COVID-19. Dr Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases, warned a travel-heavy Thanksgiving holiday may make the current situation in America even worse, predicting “a surge superimposed on the surge we are
Gogoro has managed to scoop up another vehicle partnership that will see more electric scooters produced that will be powered by Gogoro’s swappable batteries. The latest line of electric scooters joining the network will be CMC eMOVING scooters. The “Powered by Gogoro Network” has now grown to include 5 of the 7 major scooter manufacturers
Several police forces in England have said they have handed out multiple fines after breaking up a number of large-scale illegal parties over the weekend. Police were called to at least four locations, including a university hall of residence in Nottingham where up to 200 people were discovered at one gathering. Nottinghamshire Police said in
1:02 AM ET Michael Rothstein Close ESPN Staff Writer Previously covered University of Michigan for ESPN.com and AnnArbor.com Also covered Notre Dame for Fort Wayne Journal Gazette Ben Baby Close ESPN Staff Writer ESPN Staff Writer Previously a college football writer for The Dallas Morning News University of North Texas graduate The exhibition fight between
Standard Life Aberdeen is preparing to further unwind the legacy of its former chief by putting a platform which services independent financial advisers on the block. Sky News has learnt that the asset management giant is to launch an auction of Parmenion, which manages roughly £6.5bn of investments on behalf of IFAs, according to its
In 2018, Microsoft made one of its priciest acquisitions ever, spending $7.5 billion on code-sharing site GitHub. It wasn’t the cleanest fit. GitHub is used by over 50 million developers who tend to be outspoken, including when it comes to things they dislike about Microsoft. The deal continues to pose unexpected challenges, like a recent
Formula 1 racing driver Romain Grosjean has survived a high-speed crash at the Bahrain Grand Prix, emerging from his car as it was engulfed in flames after smashing through a barrier. The 34-year-old hopped out of his car – which was ripped in two – managing to escape after being inside the car while it
Another 12,155 COVID-19 cases and 215 deaths of people who have tested positive for the virus have been recorded in the UK in the past 24 hours. The number of cases is down from the 15,871 cases recorded on Saturday – and deaths are also down from 479. Live coronavirus updates from the UK and