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.... A civil right that people can’t afford to use is no right at all. And a society that turns justice into a luxury good is one no longer ruled by law, but by money and power. ... [Read full article on Guardian ]
Tuesday 28th of March 2017 05:00:19 AM
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....“Home ownership helps unlock high levels of social mobility but it is in freefall among young families,” said the former Labour MP Alan Milburn, the chair of the commission. “Owning a home is becoming a distant dream for millions of young people on low incomes who do not have the luxury of relying on the bank of mum and dad to give them a foot up on the housing ladder. ... [Read full article on Guardian ]
Sunday 26th of March 2017 11:01:43 PM
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.... He too declined a request for comment. Another major investor who did not want to discuss Viagogo is billionaire Bernard Arnault, chief executive of Louis Vuitton Moet Hennessy, the luxury brands company based in France. ... [Read full article on Guardian ]
Friday 24th of March 2017 06:03:57 PM
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Latest Finance News related to Luxury

Access to justice was once a worker’s basic right. Now it’s a costly luxury | Aditya Chakrabortty image
.... A civil right that people can’t afford to use is no right at all. And a society that turns justice into a luxury good is one no longer ruled by law, but by money and power. ...
'Bank of mum and dad' making housing market more unfair, study finds image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....“Home ownership helps unlock high levels of social mobility but it is in freefall among young families,” said the former Labour MP Alan Milburn, the chair of the commission. “Owning a home is becoming a distant dream for millions of young people on low incomes who do not have the luxury of relying on the bank of mum and dad to give them a foot up on the housing ladder. ...
Viagogo: who runs it and who owns it? image
Source : Guardian [Read Article] Friday 24th of March 2017 06:03:57 PM
.... He too declined a request for comment. Another major investor who did not want to discuss Viagogo is billionaire Bernard Arnault, chief executive of Louis Vuitton Moet Hennessy, the luxury brands company based in France. ...
‘Vegetable ivory’ image
Source : BBC [Read Article] Thursday 23rd of March 2017 12:22:41 AM
.... And secondly, it lacks ivory's exclusivity. Hongxiang Huang, a Chinese journalist and anti-ivory campaigner, explains: "As people become wealthier they want to buy luxury items, and ivory is one of the many things that people desire. ...
Hermes reports record annual profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:15:28 AM
....However, he said he remained cautious given the "uncertain environment". The results hint at a wider recovery in the luxury goods market. ...
Bank that lent $300m to Trump linked to Russian money laundering scam image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:14 PM
.... Much of it vanished into opaque offshore companies. Some of it went on luxury items including diamonds, leather jackets, and home-cinema equipment. ...
London 'cheaper than New York or Tokyo' after pound's Brexit plunge image
Source : Guardian [Read Article] Tuesday 21st of March 2017 07:00:07 AM
....London’s new-found bargain-basement status has encouraged a flood of international shoppers to the city. Even low-cost clothing store Primark has reported strong sales to foreign tourists, joining luxury brands such as Burberry in enjoying a boost in sales from visitors drawn by the cheap pound. ...
Jamie Oliver to launch new show as part of deal with Channel 4 image
Source : Guardian [Read Article] Monday 20th of March 2017 03:41:50 PM
....Oliver started his TV career at the BBC with The Naked Chef in 1999, before defecting to Channel 4 in 2002 to make Jamie’s Kitchen. He blamed lower footfall, the cost of staff training and the higher costs of importing luxury ingredients in a tough market following the EU referendum result for the recent closure of six Jamie’s Italian outlets which affected about 120 employees. ...
Gucci, Versace, D&G ... now top brands target fashion for kids image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:05:01 AM
.... A boy’s Burberry wool tuxedo suit with satin lapels (£745) aims to bring out the 007 in any seven-year-old. The business was founded in 1952 as a small upmarket children’s boutique in Tunbridge Wells, Kent, and has grown into the world’s largest online luxury childrenswear store. ...
'Brothers bling': lawsuit puts Nick and Christian Candy in spotlight image
Source : Guardian [Read Article] Saturday 18th of March 2017 09:00:35 AM
.... More seriously perhaps, the brothers have had to rebut detailed evidence that witnesses said points to an artificial business structure designed to enable them to evade millions in tax on flagship projects like their One Hyde Park development near Harrods in Knightsbridge. The Candy brand, a byword for the kind of loud luxury that drew oligarchs and Saudi royals to plough record sums into London penthouses, now lies in tatters. ...
Theresa May echoes Ed Miliband with promise to reform energy market image
Source : Guardian [Read Article] Friday 17th of March 2017 04:53:15 PM
....Addressing the Conservative party spring conference in Cardiff, she said she supported competition but was prepared to step in on behalf of consumers. “Energy is not a luxury,” she said. ...
Jewellery firm Tiffany makes 'patchy progress' image
Source : BBC [Read Article] Friday 17th of March 2017 04:19:06 PM
.... . "Tiffany is a brand that is increasingly overlooked by American consumers, especially younger demographics, who see it is as old-world luxury. ...
Downplaying Brexit to overseas investors won't help UK housing crisis | Dawn Foster image
....It’s that time again: La Croisette in Cannes is thronged with yachts and men in suits barking into their phones on the beach. Mipim, the world’s luxury property conference, has descended on the south of France boasting that the delegates pack away more champagne than the film festival. ...
Stock markets soar across Europe as FTSE clocks up new high image
Source : Guardian [Read Article] Thursday 16th of March 2017 06:58:16 PM
.... The healthcare sector was under particular pressure from proposed changes under Donald Trump’s administration that look set to raise companies’ regulatory costs. Shares in the luxury winter jacket retailer Canada Goose rose on their first day of trading, jumping to $18. ...
Canada Goose shares jump on stock market debut image
Source : BBC [Read Article] Thursday 16th of March 2017 04:50:44 PM
.... . The company started off making woollen vests, raincoats and snowmobile suits before moving into Arctic and mountain expedition coats and more recently, luxury jackets. ...
Student digs in Britain giving first-class returns image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:40:59 PM
. Forget multimillion-pound luxury flats on the Thames or gleaming towers overlooking Hyde Park, some of the most sought-after property investments are now student halls of residence. ...
Charlotte Hogg image
Source : BBC [Read Article] Tuesday 14th of March 2017 01:51:01 PM
....She is a former director of BBC Worldwide and, while in the US was a board member of Partnership with Children, which provides mental health support for students and works with families across New York City. A keen horse rider, Ms Hogg is married to Steven Sacks, chief customer officer at luxury fashion group Burberry and chairman of the English National Ballet School. ...
Nick Candy denies claim he is jointly in charge of brother's CPC empire image
....Nick Candy has denied allegations that the distinction between his business empire and that of his brother is “pure fantasy”, as a £132m high court tussle with a former university friend delved into the duo’s tax affairs. Businessman Mark Holyoake is claiming in court that the brothers threatened him after he took out a £12m loan from Christian Candy’s property firm CPC Group to fund a luxury development. ...
Credit card Britain: Seven out of ten adults have average debts of £6,372  image
Source : Daily Express [Read Article] Monday 13th of March 2017 04:08:00 PM
....8 per cent. But an equal amount of people say they have spent too much on luxury items, as interest rates continue to languish at record lows. ...
Charlotte Hogg: a family tree deeply rooted in the British establishment image
.... She then moved to credit checking agency Experian and the UK arm of Spanish bank Santander before returning to the Bank of England in 2013, where she was appointed chief operating officer. A mother of two, she is married to Steve Sacks – a management consultant, former Lloyds banker and now an executive at luxury retailer Burberry. ...
Ferrari gives up F1 stake in exchange for Liberty Media stock image
Source : Guardian [Read Article] Friday 10th of March 2017 04:46:33 PM
....Ferrari has traded its entire stake in Formula One for an interest in the racing franchise’s new owner, Liberty Media. The Italian luxury car company revealed in a regulatory filing that it sold its 0. ...
Christian Candy adviser linked to Litvinenko and his alleged killer image
Source : Guardian [Read Article] Thursday 9th of March 2017 07:45:01 PM
....RISC and another firm set up by one of its employees were hired for numerous jobs by CPC Group. The firm made checks on all the potential purchasers at One Hyde Park, the Candys’ flagship super-luxury development of about 80 apartments in London’s Knightsbridge district. ...
Few will spot the difference in national insurance – at first | Patrick Collinson image
....There was instant condemnation about the NI hikes from some tax planners, including a warning it would have an “emotional impact on self-starters”. Others argue that the self-employed don’t get the luxury of paid annual leave, employer pension contributions or enhanced parental leave pay, and must support themselves through periods of no work. ...
Christian Candy tells court he follows rules on tax exile 'religiously' image
....Property tycoon Christian Candy has described as “artistic exaggeration” a claim he made on film that, if true, would have called into question his status as a Monaco tax exile. The billionaire was testifying in a £132m high court case brought by businessman Mark Holyoake, who alleges that Candy and brother Nick extorted and intimidated him in a dispute over a £12m loan to buy a luxury hotel. ...
Patagonia and The North Face: saving the world – one puffer jacket at a time image
.... The small Canadian brand Arc’teryx produces a high-end line called Veilance, which promises “minimalist style with total performance”, and looks as if Prada made high-tech outdoor gear, with prices to match. Canada Goose, whose “Arctic luxury apparel” is worn by scientists at the South Pole, offers a “Kensington” Parka priced at £850. ...
The oil deal, the disgraced former minister, and $800m paid via a UK bank image
....Etete was convicted in a Paris court in 2007 for his part in a separate money-laundering scandal. But this did not appear to deter Shell and Eni from continuing to court him at luxury hotels in Europe and Nigeria. ...
£220,000: the price super-rich will pay to keep their privacy image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:04:29 AM
....More than 200 wealthy foreigners are choosing to pay £218,200 a year in tax rather than declare which of London’s £20m-plus mega-mansions they own. The government introduced a special annual tax on homes owned via “non-natural persons” such as offshore companies in 2013, to crack down on “dirty money” used to secretly buy up luxury homes. ...
A Mini part's incredible journey shows how Brexit will hit the UK car industry image
....Another well-travelled car part is the Bentley bumper. It is made in eastern Europe before being sent to Crewe for further work, then on to Germany for finishing and finally back to Crewe where it is added to the luxury vehicle. ...
City news: Merlin Entertainments, Sportech, and Mike Ashley  image
Source : Daily Express [Read Article] Friday 3rd of March 2017 08:59:00 AM
.... It is not known whether there will be job losses. Agent Provocateur had been owned for a decade by private equity firm 3i, which admitted last year that the business had been hit by “declining luxury spend in key markets”. ...
Bridgend reels from jobs threat hanging over Ford plant image
Source : Guardian [Read Article] Friday 3rd of March 2017 07:00:39 AM
.... More than 20,000 people applied for jobs and 1,400 were taken on. The plant opened in 1980, since when thousands of people from Bridgend and further afield have helped build engines for Volvo, Land Rover and the niche luxury Morgan as well as Ford. ...
Nick Candy accused of being secret partner in brother's property group image
Source : Guardian [Read Article] Thursday 2nd of March 2017 02:48:12 PM
. Nick Candy has been accused in the high court of saving “enormous sums” of tax by being a secret partner in his brother Christian Candy’s luxury property business. ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
....Joe Corré, the son of Dame Vivienne Westwood, warned that Ashley and 3i, the private equity fund has offloaded the brand, will “face a phenomenal swath of litigation actions” over the controversial deal. Ashley has bought Agent Provocateur for around £30m through Four Holdings, the parent company of Four Marketing, a fashion agency which runs websites for luxury brands and owns their flagship stores. ...
Jimmy Choo revenues boosted by menswear range image
Source : BBC [Read Article] Thursday 2nd of March 2017 09:15:36 AM
. Jimmy Choo, the British luxury brand regularly seen on the red carpet, has reported strong revenue growth boosted by China, the weak pound and its menswear lines. ...
Jaguar Land Rover pledges 'heart and soul' to UK as new model debuts in Solihull image
. Jaguar Land Rover’s latest model is to be built exclusively at its plant in Solihull as the luxury carmaker pledged its “heart and soul” to the UK. ...
London to remain a 'magnet for global superrich despite Brexit' image
Source : Guardian [Read Article] Wednesday 1st of March 2017 01:46:10 PM
....The superrich’s best investment last year was fine wines, which increased in value by 24%, overtaking an index of classic cars, which grew by 9%. Andrew Shirley, editor of the wealth report, said: “Personal enjoyment was considered the number one reason why UHNWIs collect and buy luxury assets. ...
‘Housing should be seen as a human right. Not a commodity’ | Patrick Butler image
....The United Nations housing envoy, Leilani Farha, is in the marketing suite next to the Canaletto building. It’s an unlovely, bulked-up, look-at-me 31-storey luxury apartment block towering over a canal basin on the once down-at-heel border of Islington and Shoreditch in east London. ...
Primark sales boosted by bargain-hunting tourists after pound's Brexit slide image
. Primark has joined luxury brands such as Burberry in enjoying a boost in sales from tourists drawn by the cheap pound. ...
Boeing to open factory in South Yorkshire image
Source : BBC [Read Article] Friday 24th of February 2017 01:54:08 PM
....Those 30 people will be making actuation components - the bits that move the wings - and the factory they will be built in will be very important for South Yorkshire. The news comes shortly after luxury supercar manufacturer McLaren announced it is planning to build a £50m chassis factory on the site, creating 200 jobs. ...
Former IMF chief gets four years in jail for embezzlement in Spain image
Source : Guardian [Read Article] Thursday 23rd of February 2017 04:40:36 PM
....The defendants had been accused of spending a total of of €12m (£10. 5m) between 2003 and 2012, using “black credit cards” to pay for hotels, parties and luxury goods. ...
Five minute guide to the rising cost of car maintenance image
Source : Daily Express [Read Article] Sunday 19th of February 2017 12:01:00 AM
....”. SMALL IS BEAUTIFUL This will come as some consolation for those who cannot afford a luxury vehicle, as your mass-market runabout is likely to need fewer repairs. ...
A London penthouse for £60,000. No, not to buy – that's the weekly rent image
Source : Guardian [Read Article] Saturday 18th of February 2017 09:00:35 AM
.... He was once called on to help a Qatari prince fly his car back to Doha within 24 hours so that the prince’s father would not find out he had taken the vehicle to London. Grosvenor House Suites, which is owned by the Dubai-based luxury hotel group Jumeirah, will soon face more competition for the richest global visitors to London, as other luxury hotel brands are building serviced apartments nearby. ...
UK enjoys record tourism as fall in pound boosts visitor numbers image
Source : Guardian [Read Article] Friday 17th of February 2017 05:58:19 PM
.... Economists point out that tourism will only go some way to offsetting a slowdown in domestic spending. Reports after the referendum suggested retailers enjoyed stronger sales as overseas visitors exploited the weak pound to snap up luxury goods such as watches and jewellery. ...
Automated holidays: how AI is affecting the travel industry image
Source : Guardian [Read Article] Friday 17th of February 2017 06:00:02 AM
....At the bottom of the travel market, computing is about automation and saving money, but at the top end, AI is being used to personalise experiences – delivered by people. A waiter at a luxury hotel, for instance, could use information on you to predict what kind of drinks you like and recommend something from the menu. ...
Giggs and Neville skyscrapers 'threaten Manchester's heritage' image
Source : Guardian [Read Article] Thursday 16th of February 2017 09:00:37 AM
....A plan by former footballers Ryan Giggs and Gary Neville to build two bronze skyscrapers in Manchester city centre is a “planning disaster of a magnitude not seen in decades,” heritage bodies have warned as they urged ministers to intervene. The pair’s £200m blueprint to build luxury apartments, hotels, offices and restaurants would see the demolition of a 1950s synagogue, a 1930s police station and an 18th century pub believed to be the only nearby building with a direct link to the 1819 Peterloo Massacre. ...
Waitrose voted UK's best supermarket image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:01:26 AM
....In store, Iceland attracts a middling rating of 69%, losing points with customers for the quality of its fresh products and store tidiness and appearance. But its own-label products were praised, with a clear thumbs-up for its new luxury lines, which include sourdough bread, lobster and sea bass. ...
Debenhams tops government's shame list for underpaying staff image
Source : Guardian [Read Article] Wednesday 15th of February 2017 07:14:42 PM
.... The company said the problem had occurred while it was dealing with family crises. Contacted at his luxury Knightsbridge restaurant this week, Berni declined to comment. ...
Diamond rings sparkle for the internet dating generation image
Source : Guardian [Read Article] Monday 13th of February 2017 01:39:04 PM
....Most of the company’s clients are not splashing quite that much cash, but more than half spend as much as £3,000 online. Opening a leather box which looks like it might contain luxury chocolates, Kormind reveals two diamonds the size of throat lozenges. ...
Foreign billionaires in London choosing to rent to avoid stamp duty image
Source : Guardian [Read Article] Sunday 12th of February 2017 04:04:20 PM
. Foreign billionaires are renting rather than buying luxury homes in London following increases in tax bills on upmarket properties. ...
Trump means happy days are here again for the UK’s arms exporters | Paul Rogers image
.... The process even extends to the sponsoring of the Royal British Legion by Lockheed and BAE, perhaps with unconscious irony. Go to any major industry conference, frequently in luxury venues in nice warm places, and the evidence of industry influence will be there. ...
Let the councils build homes again and fix our broken housing market image
Source : Guardian [Read Article] Saturday 11th of February 2017 07:00:09 AM
.... As someone who long cycled to work through two of London’s giant council estates – the Aylesbury and the Heygate – it’s difficult not to conclude that their architectural brutalism failed. The Heygate has since been demolished but its replacement – much of it luxury private flats – is not the answer, either. ...
Candy brothers were 'not prepared to pay any tax', high court told image
Source : Guardian [Read Article] Friday 10th of February 2017 05:27:30 PM
. The billionaire Candy brothers moved their business offshore because they were “not prepared to pay any tax” on the profits from their luxury property developments, a former associate has claimed. ...
World's largest superyacht: a floating private members' club for billionaires image
....Five billionaire friends have paid €10m (£8. 5m) each towards the cost of building the luxury yacht, in return for a suite. ...
Developer claiming £132m   from Candy brothers is accused of 'serial dishonesty' image
.... Lawyers hired by Holyoake have delved into the Candys’ financial affairs, leading to accusations in court of tax evasion. The billionaire brothers, whose luxury developments have attracted oligarchs and Gulf royalty, deny the claims. ...
Housing crisis: the empty nester's guide to downsizing image
Source : Guardian [Read Article] Wednesday 8th of February 2017 06:36:21 PM
.... Margaret didn’t think it was for us, but I said: ‘Why don’t we just go and have a day out, have a look?’”. The luxury Audley village in Leamington Spa, Warwickshire, offers two-bedroom flats from £300,000. ...
Candy brothers accused of blackmail and extortion in high court image
Source : Guardian [Read Article] Wednesday 8th of February 2017 11:40:18 AM
....The case, which has reached trial after a year of legal wrangling, is being brought by the entrepreneur Mark Holyoake, whose reputation was dented after the collapse of his fish importing business, British Seafood, six years ago. Christian and Nick Candy, best known as the creators of the luxury One Hyde Park apartment complex in Knightsbridge, central London, are embroiled in a bitter and costly battle in which millions has already been spent on private investigators, public relations advisers and a small army of solicitors and QCs. ...
Aldi becomes UK's fifth largest supermarket image
Source : Guardian [Read Article] Tuesday 7th of February 2017 09:18:50 AM
....2013 Horsemeat scandal taints supermarket. Later that year it doubles luxury Christmas range to include lobster and launches major seasonal ad campaign. ...
HBOS manager and other City financiers jailed over £245m loans scam image
Source : Guardian [Read Article] Thursday 2nd of February 2017 03:55:21 PM
....A group of bankers who ran an “utterly corrupt scheme” that left hundreds of small business owners “cheated, defeated and penniless” have been sentenced to almost 50 years in jail. Lynden Scourfield, a former senior HBOS manager, was sentenced to 11 years and three months in prison after the judge found he had “sold your soul, for sex, for luxury trips with and without your wife – for bling and for swag”. ...
The cost of living is easing. So why doesn't it feel that way? | Greg Jericho image
....Thus it’s probably not much solace to people to be told that cost of living is rising at almost record lows when the price of utilities (such as gas and electricity), primary school education costs, medical and hospital services, insurance and child care has risen faster than have wages. When we look at the growth in prices of more luxury items – such as holidays and AV equipment like televisions – we see a much different picture. ...
TalkTalk hoping for rapid results as Dunstone gets his hands dirty image
Source : Guardian [Read Article] Wednesday 1st of February 2017 07:29:32 PM
....He didn’t bother with PR folk and management consultants. Non-executive directors were a luxury he didn’t require – he could hire two shop assistants for the same money and they would be more useful, he used to say. ...
UK growth forecast upgraded amid warning over inflation image
Source : Guardian [Read Article] Wednesday 1st of February 2017 06:30:09 AM
....Robin Bulloch, managing director at Lloyds Bank, said: “The surge in essential spending over the last few months shows no sign of abating. With a majority of people expressing concern around current levels of inflation, it’s no surprise that most consumers plan to cut back on luxury items. ...
Ex-HBOS manager and five others face jail over £245m scam image
Source : Guardian [Read Article] Monday 30th of January 2017 04:41:50 PM
....Scourfield was in charge of corporate customers experiencing financial difficulties at HBOS’s branch in Reading, Berkshire, until he resigned in 2007. He received gifts of clothes, jewellery, luxury hotels, business-class flights and expensive meals at an oyster bar and a cheesecake restaurant, the jury heard during a four-month trial. ...
Luxury retailers hope Chinese new year tourists will leave them crowing image
Source : Guardian [Read Article] Saturday 28th of January 2017 08:00:49 AM
....Chinese shoppers are particularly good news for the UK’s retail sector asthey are big spenders, spending an average of £2,174 each during their stay – about three and a half times the average of other visitors. Patricia Yates, director of tourism at VisitBritain, said the evidence was that the Chinese opt for mid-price accommodation so they can concentrate on acquiring luxury goods, particularly handbags and purses and other personal accessories. ...
Frankfurt prepares for Brexit bankers: 'Maybe our city will change them' image
Source : Guardian [Read Article] Friday 27th of January 2017 07:15:19 AM
....Frankfurt itself talks of between 8,000 and 20,000 jobs moving here from London, incrementally. Real estate agents are said to be feverishly fielding property enquiries from companies, with the main question being not so much an interest in prices – which are considerably lower than in London or Paris – but the availability of luxury housing. ...
Hard times for luxury Swiss watches as sales drop 10% image
Source : Guardian [Read Article] Thursday 26th of January 2017 06:48:05 PM
. Sales of luxury Swiss watches dropped by 10% last year following a crackdown on corruption in China. ...
Gucci owner gets teeth into snakeskin market with python farm image
Source : Guardian [Read Article] Wednesday 25th of January 2017 02:47:46 PM
....From Balenciaga’s £845-a-pair high-top black python trainers for men to a full-length trenchcoat sported by Rihanna, snakeskin – or python in particular – is having something of a fashion moment. Demand for the luxury patterned leather is riding so high that Kering – the company behind big brands including Gucci, Saint Laurent and Alexander McQueen – has built its own python farm. ...
Why the secret to productivity isn’t longer hours image
Source : Guardian [Read Article] Sunday 22nd of January 2017 08:00:01 AM
.... My first response to this was to try to fit more into the day, to try to work harder. But when I was on sabbatical at Microsoft Research in Cambridge, I found that in three months I got an enormous amount of stuff done and did an awful lot of really serious thinking, which was a great luxury, but I also had what felt like an amazingly leisurely life. ...
Brad Pitt and Angelina Jolie: faces of the new 'global citizen class'? image
Source : Guardian [Read Article] Friday 20th of January 2017 05:50:56 PM
....More than 10% of the world’s 212,625 ultra-high net worth individuals – defined as those with assets of at least $30m (£24m) – own five or more properties in addition to their main home, the research found. “More than ever before these homes of the wealthy will be spread far and wide, across different countries and continents,” the report, produced in partnership with the luxury estate agents Warburg Realty and Barnes International Realty, said. ...
Burberry sales soar – from £14 nail varnish to £28,000 alligator coat image
Source : Guardian [Read Article] Wednesday 18th of January 2017 08:48:43 AM
. The Brexit vote and the slump in sterling that followed the referendum has delivered a big boost to sales at luxury label Burberry – powered by overseas shoppers who have flocked to the UK to stock up on branded goods. ...
Rolls-Royce apologises in court after settling bribery case image
Source : Guardian [Read Article] Tuesday 17th of January 2017 01:29:50 PM
. The engineering giant Rolls-Royce has apologised after it was found to have paid bribes including a luxury car and millions of pounds’ worth of cash to middlemen to secure orders in six countries, including Indonesia, Russia and China. ...
EU's £300m 'Space Egg', where UK's Brexit fate is likely to be sealed image
Source : Guardian [Read Article] Monday 16th of January 2017 08:24:48 AM
....Solar panels cover the roof, rainwater flushes the toilets, the windows are framed by a lattice of recycled wood sourced from every corner of the EU. Neither has the past been obliterated: Europa incorporates a much older building – the Résidence Palace, built as art deco luxury flats in the 1920s, later commandeered to be the Nazis’ headquarters in Belgium, before eventually becoming offices. ...
Skiing: shop around to hit the slopes but not your wallet image
Source : Guardian [Read Article] Sunday 15th of January 2017 06:59:09 AM
. Although a winter holiday on the slopes may sound like an unaffordable luxury for many, Lee White has found that the DIY approach works for his family – and saved him more than £2,000. ...
Our next Scandi import: organic ‘folk food’ for all image
Source : Guardian [Read Article] Sunday 15th of January 2017 12:05:01 AM
....”. With some organic products costing up to 30% more in the UK, the market has in the past been dismissed as a luxury that can only be afforded by affluent foodies. ...
Salmon retail prices set to leap owing to infestations of sea lice image
Source : Guardian [Read Article] Friday 13th of January 2017 06:03:38 PM
....5cm long, but the humble sea louse is creating waves that are about to wash on to your dinner plate. Balanced on blinis, tucked into bagels or crafted into sushi, salmon has become an everyday luxury in the UK. ...
Animal rights activist Peta buys stake in Louis Vuitton image
Source : BBC [Read Article] Friday 13th of January 2017 11:15:24 AM
.... . The stake in the French luxury group will give Peta the right to attend shareholder meetings and question the board in front of other shareholders. ...
Six Volkswagen executives charged with fraud over emissions cheating image
Source : Guardian [Read Article] Wednesday 11th of January 2017 09:42:57 PM
....Under the direction of executives, Volkswagen employees designed engines with “defeat device” software that would reduce emissions only when the vehicle was undergoing a standard US emissions test. They borrowed the idea from the firm’s luxury division, Audi, which was developing different engines with similar software. ...
Lobster tweets lend Lidl bumper Christmas sales image
Source : Guardian [Read Article] Wednesday 11th of January 2017 05:14:30 PM
....com/jykzVvCvNW. Lidl’s sales rose 10% in December, against the same month last year, as it opened new stores and attracted shoppers with its mix of bargain prices and luxury foods. ...

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