27 h. ago WHSmith closing two shops today as it pushes ahead with sale of high street stores

Last month, WHSmith agreed to sell its UK high street chain to investment firm Modella Capital in a deal valuing £76 million. The majority of its stores will eventually rebrand as TGJones, however, a large number of them will shut down

Economics

45 h. ago WH Smith growth plans in focus after sale of high street stores

Last month, WH Smith announced that Hobbycraft owner Modella Capital will buy its high street arm for around £76 million.

Politics

46 h. ago Eco friendly City office block sold 'to US bank' for £333 million

Sale of refurbished 100 New Bridge Street expected to complete in April next year

Economics

8 d. ago Boots half price sale on No7, Marc Jacobs and Fenty products happening Sunday

The high street retailer has revealed that its online sale will return, but it will only last for 24 hours.

Economics

2 w. ago Lanarkshire's WH Smith stores to disappear from high street as firm sells 480 locations

No mention has been made of store closures or redundancies as a result of the sale and WH Smith has insisted that the high street business remains profitable.

Events

2 w. ago WHSmith sale: What now for 480 high street shops under ‘unknown’ TGJones brand?

“TGJones will have to do something remarkable on pricing to lure in the punters” – Russ Mould, AJ Bell

Economics

2 w. ago WH Smith high street stores to be rebranded TG Jones after £76 million sale

WH Smith name will live on at airport and train station branches

Economics

2 w. ago China’s Xi urges global CEOs to protect trade supply chains; WH Smith sells high street stores – business live

Rolling coverage of the latest economic and financial newsShares in WH Smith have dropped by 2.4% in early stock market trading in London, as traders digest the sale of its high street stores for £76m.Less encouragingly, the UK’s trade deficit has widened.finished manufactured goods (£1.8bn)semi-manufactured goods (£1.2bn)oil (£0.6bn)other fuels (£0.3bn)“The UK’s current account deficit with the rest of the world widened slightly in the latest quarter, driven by falling exports of goods.Our balance of payments statistics for recent years have been updated to incorporate improved measurement of foreign direct investment and corrected trade data.” Continue reading...

Economics

2 w. ago Iconic high street retailer WH Smith announces MAJOR rebrand as it agrees £76million sale

WH Smith has agreed to sell its UK high street chain to Modella Capital in a deal valuing it at £76 million and will eventually rebrand under a new name, the company has announced.

Economics

2 w. ago 'My three favourite mascaras are now under £10 in a huge spring beauty sale'

Three of my all-time favourite high street mascaras for volume, length and lift are currently on sale, so I'll be stocking up while the prices are this low

Economics

3 w. ago Next slashes up to 50% off fashion and homeware in massive spring sale starting from £2

The high street retailer has launched a huge spring sale, offering shoppers up to 50% off thousands of styles, including those loved by Rochelle Humes and Myleene Klass

Economics

3 w. ago CBI boss urges SNP ministers to close income tax gap with England

Rain Newton-Smith said uncompetitive tax policies are a ‘handbrake on growth’

Politics

3 w. ago WHSmith to close 10 more high street stores as sale looms closer – see full list

WHSmith has put all 500 high street stores up for sale, but has confirmed that 10 more will close before that happens having already announced the closure of 10 others earlier this year

Politics

4 w. ago Will Putin derail Trump’s peace plan? – Today in Focus Extra

Donald Trump has shown that he can get Ukraine to back a deal, but what about Russia? Patrick Wintour and Pjotr Sauer reportAfter weeks of diplomatic tension, on Tuesday the US secretary of state, Marco Rubio, announced that Ukraine had signed up to a 30-day ceasefire agreement. As the Guardian’s diplomatic editor, Patrick Wintour, explains to Michael Safi, this deal would cover the whole of Ukraine and by accepting it, Ukraine will again receive military aid and intelligence sharing from the US. However, issues such as borders, elections and Ukrainian membership of Nato or the EU are not a part of this deal and will need to be finalised at a later stage.Having followed Russian negotiations during the Syrian civil war, Wintour describes the Russians as ‘masters at delay’ and on Thursday night at a press conference in Moscow, the Russian president, Vladimir Putin, made it clear that while he supported the US attempt at a deal he could not sign up to it as is. Continue reading...

Politics