John Lyttle, the former CEO of Boohoo, resigned in October amid serious allegations.Lyttle faced claims of stalking and corporate espionage by other executives.Manchester and Kent police are investigating the stalking reports involving Lyttle and other executives.Surveillance incidents were reported at Boohoo’s Manchester headquarters.The identity of those behind these incidents remains unknown, with no arrests made.John Lyttle’s resignation from Boohoo in October followed serious allegations of stalking and corporate espionage. It is understood that these claims contributed to his decision to step down from his role as CEO of the retail giant.The allegations suggest that Lyttle, along with Boohoo’s new CEO…
Author: Dave Antrobus
Retailers are adjusting to economic shifts due to the recent Budget.The Budget announcement has led to potential store closures and job losses.Retail firms are re-evaluating discount strategies amidst changing consumer behaviour.Black Friday remains a crucial period despite its challenges to profit margins.Retailers are innovating to maintain customer loyalty in a competitive market.Retail leaders are navigating a challenging economic landscape following the recent Budget announcement on 30 October. This development has caused a ripple effect across the sector, with 81 UK retail bosses voicing concerns over increased operational costs in a letter to the chancellor, Rachel Reeves. The rising National Insurance…
In a notable case within the Family Division, a solicitor has been ordered to pay £5,700 in costs after being summonsed to be cross-examined regarding a contested will.Chief Master Shuman presided over the case, highlighting the lack of adequate response from the solicitor, Michelle Niaz, related to a Larke v Nugus request. This request, made by two of Derek Addision’s children after his death in March 2023, sought detailed disclosure to avoid unnecessary litigation expenses.The solicitor, affiliated with a Lancashire law firm, failed to provide a satisfactory response until July 2023. This drew criticism from Chief Master Shuman, who pointed…
This week, Extinction Rebellion (XR) activists orchestrated a significant protest at the offices of prominent law firm A&O Shearman, demanding an immediate severance from the fossil fuel sector.In a bold move, protestors infiltrated the lobby of the firm’s offices, leading to the arrest of five individuals. During the protest, the building’s facade was marked with fake oil, representing the group’s dissatisfaction with the firm’s current practices.An elaborate installation, featuring an oil derrick and a Grim Reaper holding a scythe and scales with a burning planet and oily cash, served as a powerful visual symbol outside the entrance. Meanwhile, activists used…
Revolut has made significant board appointments following its UK banking licence approval.Fiona Fry, with over 40 years in professional services, joins the board.Sir Peter Estlin, former Lord Mayor of the City of London, is also appointed.Revolut enhances governance and risk functions as it transitions to a full bank.An Initial Public Offering (IPO) might be contemplated by Revolut next year.Revolut, a leader in the fintech industry, has secured board appointments following the recent acquisition of a UK banking licence. These appointments include notable figures, Fiona Fry and Sir Peter Estlin, who bring extensive experience in finance and governance to Revolut’s expanding…
Marks & Spencer’s proposal to revamp its Marble Arch store has finally been approved by the Secretary of State for Housing, Communities and Local Government.After years of bureaucratic challenges, the ambitious plan was initially presented in March 2021 but faced several hurdles. The previous administration stalled the approval process, and in July 2023, then Secretary of State Michael Gove rejected the project. His concerns included potential harm to nearby heritage sites and the environmental impact of demolishing the existing Art Deco structure.Despite these setbacks, Marks & Spencer pressed on, filing an appeal in February this year. With the recent government’s…
M&S has finally received approval to redevelop its Marble Arch site after years of legal battles.Plans include demolishing three existing buildings to create a 10-storey mixed-use development.The project faced strong opposition, initially being blocked due to concerns over heritage impacts.A High Court ruling overturned the block, citing errors in applying planning policies.M&S aims to rejuvenate the area with plans for 2,000 jobs and significant sustainability features.After a prolonged period of delays and disputes, M&S has received the go-ahead from the Secretary of State for Housing, Communities, and Local Government to proceed with its major redevelopment plans for the Marble Arch…
M&S has received approval for a significant redevelopment project at its Marble Arch location, following years of legal challenges.This decision marks an end to nearly four years of delays and legal obstacles.M&S plans to demolish existing structures and replace them with a ten-storey mixed-use development.The redevelopment will support around 2,000 jobs and boost sustainability efforts.CEO Stuart Machin expressed his enthusiasm about rejuvenating Oxford Street with this project.M&S has secured consent from the Secretary of State for Housing, Communities, and Local Government to proceed with the redevelopment of its iconic Marble Arch store. This green light comes after almost four years…
Morrisons CEO Rami Baitieh appeals to government to stagger Budget costs to alleviate pressure on retailers.Retailers face significant cost increases due to changes in business rates, National Insurance, and minimum wage rises.Packaging levies add to the financial burden on the retail sector, prompting concerns over job security and pricing.Retail industry warns of potential job cuts and price hikes as costs could rise by £7bn annually.More than 70 companies, including major supermarkets, join Morrisons in urging reconsideration of cost implementations.In a recent address, Morrisons CEO Rami Baitieh urged the government to reconsider the current strategy of implementing an “avalanche” of Budget-related…
The merger between Vodafone and Three represents a significant shift for the UK’s regional tech landscape.Poor connectivity has been a persistent challenge for tech firms in various UK regions, affecting their growth potential.This merger promises to address these connectivity issues by investing £11bn in infrastructure improvements.Such investment is expected to foster an equitable environment for tech development across regions.The move aims to bring the UK’s infrastructure in line with global standards, enhancing investment opportunities.Poor connectivity has long posed a barrier for tech companies in many parts of the UK, limiting their ability to attract investment and grow. The merger of…