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that is probably one of the biggest issues that house of fraser has, it issues that house of fraser hass that house of fraser has, it is notjust house of fraser that is struggling on the high street, retail has been struggling for a tame and there are seasonal expectations are going to retail in the moment we have come through a summer the moment we have come through a summer with good weather, we expect retail numbers to get better. but they also haven't necessarily done particularly well is the online residence which is what mike ashley has done well with sports direct and push their online presence. and that is what house of fraser needs to do. we know online shopping, how big thatis, we know online shopping, how big that is, and house of fraser has a much bigger and better presence online to make sure they earn the money to keep the retail store opened. one more thought because of the anxiety of the staff is important to raise this question. there were plans to close 30 of these stores of the 59, i think 31 we re these stores of the 59, i think 31 were due to shot and were slated to
that is probably one of the biggest issues that house of fraser has, it issues that house of fraser hass that house of fraser has, it is notjust house of fraser that is struggling on the high street, retail has been struggling for a tame and there are seasonal expectations are going to retail in the moment we have come through a summer the moment we have come through a summer with good weather, we expect retail numbers to get better. but they also haven't necessarily done particularly well is...
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what happened to house of fraser todayis what happened to house of fraser today is the most shockingdistress that is currently playing out on our high streets. it's now in the hands of one of retail‘s most controversial and colourful bosses, who made his fortune with a chain known for stacking it high and selling it cheap. mike ashley is never far from the headlines, often for all the wrong reasons. a lot of cash there. yes, i've been to the casino. he has certainly done well. his business empire includes newcastle united football clu b empire includes newcastle united football club and that controlling sta ke football club and that controlling stake in sports direct, with nearly 500 stores, employing nearly 18,000 people. he owns the premium casual wear chain flannels and he has also taken a big stake in debenhams, french connection and owned 11% already house of fraser. so, what is he up to? he likes to gamble and i wouldn't bet against him. this retail expert has worked closely with him. sports direct tried to buy house of fraser in 2014, so they have always had a long held ambiti
what happened to house of fraser todayis what happened to house of fraser today is the most shockingdistress that is currently playing out on our high streets. it's now in the hands of one of retail‘s most controversial and colourful bosses, who made his fortune with a chain known for stacking it high and selling it cheap. mike ashley is never far from the headlines, often for all the wrong reasons. a lot of cash there. yes, i've been to the casino. he has certainly done well. his business...
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house of fraser is the latest and biggest casualty of them all. ike the others, it will survive in some form. catriona renton is in glasgow for us, where house of fraser began. what has been the reaction there? as you say, this is where this business began. 0n you say, this is where this business began. on that side of the road there in 18119, and out in that 170 yea rs there in 18119, and out in that 170 years since then has moved over to this side of the road. today, we have been talking to people in glasgow about how they feel about the news because this is an institution in the city. this is somewhere you will have seen if you come to glasgow, probably even have gone into it at some point. people reminiscing today about their experiences over the generations and over the decades that it was somewhere special to come shopping a few decades ago. nowadays, somewhere that isn't regularly shot with an incredible range. it is a shop that has things you cannot get anywhere else in this part of scotland. some of that draws people to it. it is a key pa
house of fraser is the latest and biggest casualty of them all. ike the others, it will survive in some form. catriona renton is in glasgow for us, where house of fraser began. what has been the reaction there? as you say, this is where this business began. 0n you say, this is where this business began. on that side of the road there in 18119, and out in that 170 yea rs there in 18119, and out in that 170 years since then has moved over to this side of the road. today, we have been talking to...
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house of fraser has 59 stores across the country. been earmarked for closure, but mike ashley said in a statement he'll be doing his best to keep as many open as possible. so, this evening, its 17,500 staff wait to find out exactly what he plans to do with his acquisition. our business correspondent emma simpson reports. glasgow, where house of fraser began. it's early doors and staff are fearing the worst. i don't think i have an understanding of it yet. it's not really been explained to us at all. i think we're just all trying to keep each other up, we're all trying to stay motivated and hope for a good outcome. as workers were being briefed, shoppers had to wait. in hull, many worried about losing one of their favourite stores. with edwin davis, british home stores and now this one, where we going to shop? at ourage? you know, our age. morning folks, morning! but, by the time the doors opened across the country, this 169—year—old chain had a new owner. what happened to house of fraser today is the most shocking example yet of the
house of fraser has 59 stores across the country. been earmarked for closure, but mike ashley said in a statement he'll be doing his best to keep as many open as possible. so, this evening, its 17,500 staff wait to find out exactly what he plans to do with his acquisition. our business correspondent emma simpson reports. glasgow, where house of fraser began. it's early doors and staff are fearing the worst. i don't think i have an understanding of it yet. it's not really been explained to us...
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house of fraser is the latest and biggest casualty of the more. atest and biggest casualty of them all. but unlike the others, it will survive in some form. we can cross to glasgow, where house of fraser launched its original store in 1849, to speak to our correspondent catriona renton. you weren't round then but looking at what has happened today, on the face of it this is good news but there is a lot of detail that needs working out. i think that is right. from talking to people outside the store, and inside the store, just wandering round, finding out what people think, there is confuse about what is going to happen, uncertainty about the future, this is a sort of institution in glasgow. 0ver about the future, this is a sort of institution in glasgow. over on that side of the road there in 1849 as you said, arthur and frayeder was opened. that was a small draper, look at over here, we have the whole house of fraser store, that has been owned by frazer since the 50, it is something you are almost certainly will have seen if you are in glasgow, so
house of fraser is the latest and biggest casualty of the more. atest and biggest casualty of them all. but unlike the others, it will survive in some form. we can cross to glasgow, where house of fraser launched its original store in 1849, to speak to our correspondent catriona renton. you weren't round then but looking at what has happened today, on the face of it this is good news but there is a lot of detail that needs working out. i think that is right. from talking to people outside the...
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a rescue deal for house of fraser, one of britain's biggest and oldest department store chains. mike ashley, the business tycoon and owner of sports direct, buys it for £90 million. for now house of fraser stores around the country are still open, but 17,000 staff wait to find out what the future holds for them. i think we'rejust i think we're just all doing to keep each other up, we are all trying to stay motivated and hope for good outcome. we hope they will find some solution. finally. nothing is finished yet. we'll be analsying what today's deal means for the house of fraser, and the future of the high street. also this lunchtime. britain's feel—good summer boosts the economy. the warm weather and the world cup bring improved growth figures of 0.4%. hundreds of holiday—makers evacuated as flash floods hit the south of france. the england cricketer ben stokes tells his trial in bristol he can't remember knocking out a man in alleged brawl, but he does admit to throwing several punches. and still friends after all these years. more than a decade after it ended, the sitcom is th
a rescue deal for house of fraser, one of britain's biggest and oldest department store chains. mike ashley, the business tycoon and owner of sports direct, buys it for £90 million. for now house of fraser stores around the country are still open, but 17,000 staff wait to find out what the future holds for them. i think we'rejust i think we're just all doing to keep each other up, we are all trying to stay motivated and hope for good outcome. we hope they will find some solution. finally....
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he wants to widen it and have a house of his own brands may be. house of fraserouse of brands. he has traded out of house of fraser quite successfully with some of those brands. i think it is interesting as a development because i do not think it will be the full portfolio of property. i think he will carry forth the stores that are trading well. i cannot see it being the traditional department store that we all know and reflects on. we think of house of fraser is very much a heritage brand in the high street and asa heritage brand in the high street and as a middle market department store. it needed to be exemplary with its service and have brands that had cut through, something with a unique selling point that was very different for its consumers and it has lost its way partly. a lot of the time that has been because of the time that has been because of the management and often because of new entries into the market place in fashion and health and beauty which has seen it really fall by the wayside. what is intriguing that what we're hearing from mike ashley is
he wants to widen it and have a house of his own brands may be. house of fraserouse of brands. he has traded out of house of fraser quite successfully with some of those brands. i think it is interesting as a development because i do not think it will be the full portfolio of property. i think he will carry forth the stores that are trading well. i cannot see it being the traditional department store that we all know and reflects on. we think of house of fraser is very much a heritage brand in...
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not looking great if you are employed by house of fraser. ave ordered furniture, for instance? he has got something ordered. any idea what that means for him? this will be part of the administration process. his furniture... no guarantees at this point. we have no details for him. essentially this is taking a up by administrators who look at what the liabilities are. essentially that is a liability. the administrators will look at that. at the same time they say all of the stores will remain open and staff should turn up for work. customers can buy things. the house of fraser website is not working. they say it is down for maintenance. no indication. very briefly, he may not get it or it may arrive by delivery in the next couple of days? it depends what stage in that process it is. if they have got the stark, that stock should be in store. that will be classed as an asset by the illustrators. -- got the stock. sean on facebook is suggesting, and i don't know if you can handle this, he says, in order to save our high street, because this is a
not looking great if you are employed by house of fraser. ave ordered furniture, for instance? he has got something ordered. any idea what that means for him? this will be part of the administration process. his furniture... no guarantees at this point. we have no details for him. essentially this is taking a up by administrators who look at what the liabilities are. essentially that is a liability. the administrators will look at that. at the same time they say all of the stores will remain...
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the struggling department store house of fraser has been bought just hours department store house of s been boughtjust hours after it went into administration. the new owner is sports direct, led by mike ashley. he says he wants to turn the chain into the harrods of the high street. sports direct is paying £90 million for the business, which is 169 years old. at the moment, house of fraser has 59 stores across the country. of those, 31 had been earmarked for closure. in a statement, mr ashley said he would do his best to keep as many open as he possibly can. so this evening 17,500 employees of house of fraser wait to find out exactly what mike ashley's plans mean for their future. emma simpson has more. glasgow, warehouse of fraser began. its staff are fearing the worst.|j don't think i have an understanding of it yet, it hasn't really been explained to us at all.|j of it yet, it hasn't really been explained to us at all. i think we are just going to keep each other up, stay motivated and hope a good outcome. as workers were being briefed, shoppers had to wait. in hull, many worried a
the struggling department store house of fraser has been bought just hours department store house of s been boughtjust hours after it went into administration. the new owner is sports direct, led by mike ashley. he says he wants to turn the chain into the harrods of the high street. sports direct is paying £90 million for the business, which is 169 years old. at the moment, house of fraser has 59 stores across the country. of those, 31 had been earmarked for closure. in a statement, mr ashley...
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and in belfast, house of fraser opened in 2008 as part of a major redevelopment, a flagship department va rdy. the opening of house of fraser came at a time of widespread change for northern ireland. since then, belfast has welcomed increasing numbers of shoppers and tourists. the arrival of this store is still remembered as a moment the city felt revived. i think it was the beginning of things improving in belfast and we saw a lot of lines go that you did not get in other stores. and rather than being overshadowed, independent retailers in the city say they rely on house of fraser's success. it's incredible because it is such a huge draw for locals, for tourists and also for the future amount of staff that work there. you normally think about the disposable income that we as the smaller retailers depend on. belfast house of fraserescaped the cull when half the uk stores were earmarked for closure last month. but now, under the direct takeover, plans for its future are unclear. but the deal has been cautiously welcomed here, if it means that any possibility of losing a store that is so
and in belfast, house of fraser opened in 2008 as part of a major redevelopment, a flagship department va rdy. the opening of house of fraser came at a time of widespread change for northern ireland. since then, belfast has welcomed increasing numbers of shoppers and tourists. the arrival of this store is still remembered as a moment the city felt revived. i think it was the beginning of things improving in belfast and we saw a lot of lines go that you did not get in other stores. and rather...
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sports direct only 11% of house of fraser as it was. forward and help them out. whoever it is hoodoos —— those do the deal, it is hoodoos —— those do the deal, it will not be the same house of fraser that existed beforehand. it may set up select properties across the country. it may be certain things they sell, the contracts. everything is up for grabs. big questions about who will take it over and what they would do with the business. thank you for clarifying all about. really interesting times. a worrying time for a start. more on that story on the website. you are with business live from bbc news. the turkish lira has fallen to fresh lows against the us dollar as the government gets set to their its new economic plan. a quick look at the markets. this is how european markets are looking. not particularly good. worries over trade wars, the russian rouble and the turkish lira. let's talk about some of those issues. it has been a busy week as far as economic news is concerned. widow says andrew walker. how long is your list?! sterling is
sports direct only 11% of house of fraser as it was. forward and help them out. whoever it is hoodoos —— those do the deal, it is hoodoos —— those do the deal, it will not be the same house of fraser that existed beforehand. it may set up select properties across the country. it may be certain things they sell, the contracts. everything is up for grabs. big questions about who will take it over and what they would do with the business. thank you for clarifying all about. really...
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i think he wants to widen it and have a house of his own brands, maybe. house of fraserut of them quite successfully. it is an interesting development because i don't think it will be the full portfolio of properties. i think it will be the stores that are trading well that he carries forward. i can't see it being that traditional department store that we all know and reflect on. we think of house of fraser as a heritage brand in the high street. as a middle—market department store, it needed to be exemplary with that service. it really needed to have brands that cut through. it needed to have something as a unique selling point that was very different for the consumers and really it has lost its way. partly because of revolving door of management who have not had its best interest at heart. there have been new entrances into the marketplace in health and fashion. which has seen it fall by the wayside. i think what is intriguing is that some of the stores may well become sports direct outlets and some may become flannels stores. they are very much at the opposite ends. t
i think he wants to widen it and have a house of his own brands, maybe. house of fraserut of them quite successfully. it is an interesting development because i don't think it will be the full portfolio of properties. i think it will be the stores that are trading well that he carries forward. i can't see it being that traditional department store that we all know and reflect on. we think of house of fraser as a heritage brand in the high street. as a middle—market department store, it needed...
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another story on the front pages, which is the purchase of house of fraser by mike ashley, best knownhough house of fraser was about to go bust and, surprise surprise, somebody comes in and it is mike ashley. there would bea and it is mike ashley. there would be a chance at 17,000 jobs will be saved. we're not sure what his plans are. there is a lot of worry about the pensions. there is a bigger worry that this is what will happen everywhere in the high street. it happened with maplin. we remember yea rs happened with maplin. we remember years ago when woolworths fell down for the most high streets now have big gaps. footfall is much lower. most people are going online.|j big gaps. footfall is much lower. most people are going online. i am still missing my pick and mix from the woolworth days. for my share ashley —— for mike ashley, it is a bit of a risk. to put so much money behind a failing brand. he seems to behind a failing brand. he seems to be willing to take these risks in all sorts of instances. not only does he only entirety of the house of fraser and thoughts direct, he also
another story on the front pages, which is the purchase of house of fraser by mike ashley, best knownhough house of fraser was about to go bust and, surprise surprise, somebody comes in and it is mike ashley. there would bea and it is mike ashley. there would be a chance at 17,000 jobs will be saved. we're not sure what his plans are. there is a lot of worry about the pensions. there is a bigger worry that this is what will happen everywhere in the high street. it happened with maplin. we...
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house of fraser says it is sorry, and refunds will be given. y a fifth of its sales are now online, business this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you straightaway. here is the problem. its warehouse operator, xpo logistics, has stopped processing orders, including at this site in milton keynes, in a dispute over payment. this time last week, mike ashley came riding to the rescue. he did so by buying this chain through what is known as a prepack administration, a much—used process that is controversial, because it means mr ashley's sports direct has no legal obligation to pay any of house of fraser's debts owed to suppliers. the fallout was laid bare today. some {a84 million is owed to unsecured creditors like
house of fraser says it is sorry, and refunds will be given. y a fifth of its sales are now online, business this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you...
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house of fraser. it is a real blow. house of fraser. it is a real blow. er. it is a real blow. house of fraser said tonight it was in discussions with alternative investors, exploring all options. the founder of sports direct mike ashley has made an approach saying he could offer something better than c.banner. he could offer something better than c. banner. what that he could offer something better than c.banner. what that might mean or add up to, who knows? with a quarterly rent bill looming, christmas stock to be paid for, this isa christmas stock to be paid for, this is a business in serious financial trouble and it needs a solution fast. thank you. the labour leaderjeremy corbyn has apologised, in his words, for "causing anxiety" by appearing at events with people who likened the actions of the israeli government to the nazis. it's emerged that he hosted such a meeting on holocaust memorial day in 2010. mr corbyn said views were expressed that he did not "accept or condone". the party has faced continuing criticism over its new code of conduct on anti
house of fraser. it is a real blow. house of fraser. it is a real blow. er. it is a real blow. house of fraser said tonight it was in discussions with alternative investors, exploring all options. the founder of sports direct mike ashley has made an approach saying he could offer something better than c.banner. he could offer something better than c. banner. what that he could offer something better than c.banner. what that might mean or add up to, who knows? with a quarterly rent bill looming,...
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no, jigsaw, one fashion brand, has 20 concessions at house of fraser stores and has started taking unsoldhave that option, house of fraser owns the stock. but it illustrates a wider problem, the company owed millions of pounds to supplier, they lost out when it went bust and they are still expected to serve the new company even though it is somewhere where they have lost vast amounts of money in the past. thank you, jonty bloom. the prisons minister, rory stewart, has said he will resign if his campaign to tackle violence and drugs behind bars doesn't succeed within 12 months. ten of england's most challenging prisons are to be given a total of £10 million to bolster security, improve living conditions and raise standards of leadership. labour has called on the government to go "much further". as the government looks to turn around struggling prisons, our home affairs correspondent danny shaw has been given exclusive access to 0akwood prison near wolverhampton, to see how it's been transformed into an institution inspectors now describe as "impressive". i do it because i feel it is my way
no, jigsaw, one fashion brand, has 20 concessions at house of fraser stores and has started taking unsoldhave that option, house of fraser owns the stock. but it illustrates a wider problem, the company owed millions of pounds to supplier, they lost out when it went bust and they are still expected to serve the new company even though it is somewhere where they have lost vast amounts of money in the past. thank you, jonty bloom. the prisons minister, rory stewart, has said he will resign if his...
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house of fraser says it is sorry, and refunds will be given. in can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you straightaway. here is the problem. its warehouse operator, xpo logistics, has stopped processing orders, including at this site in milton keynes, in a dispute over payment. this time last week, mike ashley came riding to the rescue. he did so by buying this chain through what is known as a prepack administration, a much—used process that is controversial. because it means mr ashley's sports direct has no legal obligation to pay any of house of fraser's debts owed to suppliers. the fallout was laid bare today. some £1184 million is owed to unsecured creditors like landlords and suppliers. xpo logistics alone is out of
house of fraser says it is sorry, and refunds will be given. in can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you straightaway. here is the problem. its warehouse operator, xpo...
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this is a huge blow because all the way along house of fraser said this was the only viable option toions with alternative investors aren't... and assessing options. sports direct founder mike ashley has said he can offer something better. i understand he has been in touch today but he has an 11% stake. we do not know what his game or if it will amount to anything, but house of fraser is in serious financial trouble and needs to find a solution now. thank you. one of europe's biggest drug makers says it has been stockpiling products in the uk in case of a no—deal brexit. the french firm sanofi currently manufactures products here and sends them to the continent for quality control. it has increased the supply it holds to guard against potential shortages. novarti and astrazeneca have also said they will increase stockpiles of medicines in the uk. farmers at a meeting with the government have demanded emergency measures to safeguard food production from the current drought. they're warning milk, meat and harvests will be reduced by the heatwave. the shortage of grass has led to the pri
this is a huge blow because all the way along house of fraser said this was the only viable option toions with alternative investors aren't... and assessing options. sports direct founder mike ashley has said he can offer something better. i understand he has been in touch today but he has an 11% stake. we do not know what his game or if it will amount to anything, but house of fraser is in serious financial trouble and needs to find a solution now. thank you. one of europe's biggest drug...
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house of fraser says it's sorry, and refunds will be given. ss this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough, and that's something mike ashley and his team will be wanting to remedy pretty quickly, but it demonstrates how, suddenly, if your online offer cannot be delivered, how it impacts your customers and their ability to spend money with you straight away. here's the problem. its warehouse operator xpo logistics has stopped processing orders, including at this site in milton keynes, in a dispute over payment. this time last week, mike ashley came riding to the rescue. he did so by buying this chain through what's known as a prepack administration, a much—used process that's controversial, because it means mr ashley's sports direct has no legal obligation to pay any of house of fraser's debts owed to suppliers. the fallout was laid bare today. some £484 million is owed to unsecured creditors, like landlords and suppliers. xpo logistics alone
house of fraser says it's sorry, and refunds will be given. ss this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough, and that's something mike ashley and his team will be wanting to remedy pretty quickly, but it demonstrates how, suddenly, if your online offer cannot be delivered, how it impacts your customers and their ability to spend money with you straight away. here's the problem. its warehouse...
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it has now removed stock from 20 house of fraser stores. one of hundreds who will get next to nothing back. house of fraser at the moment owe us about £270. that'sjust one month's invoice. a lot of companies have gone in the past, austin reed to name just one, but in the past ten years, probably £12,000, £15,000. we may not know mike ashley's plans for these big stores. but one things for sure — he will need plenty of good will to turn things around for customers and suppliers. emma simpson, bbc news. tomorrow sees the first state funerals for victims of the genoa bridge disaster in northern italy. but the majority of victims' families have opted for private ceremonies, amid growing anger towards the authorities. there have been numerous claims that successive italian governments have neglected to ensure proper maintenance of much of the country's transport network. james reynolds reports from genoa. amid the heavy machinery and the tonnes of rubble, the search for survivors sometimes comes down to a single voice. "anybody there?" shouts a r
it has now removed stock from 20 house of fraser stores. one of hundreds who will get next to nothing back. house of fraser at the moment owe us about £270. that'sjust one month's invoice. a lot of companies have gone in the past, austin reed to name just one, but in the past ten years, probably £12,000, £15,000. we may not know mike ashley's plans for these big stores. but one things for sure — he will need plenty of good will to turn things around for customers and suppliers. emma...
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house of fraser says it is sorry, and refunds will be given. rly a fifth of its sales are now online, business this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you straightaway. here is the problem. its warehouse operator, xpo logistics, has stopped processing orders, including at this site in milton keynes, in a dispute over payment. this time last week, mike ashley came riding to the rescue. he did so by buying this chain through what is known as a prepack administration, a much—used process that is controversial, because it means mr ashley's sports direct has no legal obligation to pay any of house of fraser's debts owed to suppliers. the fallout was laid bare today. some {a84 million is owed to unsecured creditors li
house of fraser says it is sorry, and refunds will be given. rly a fifth of its sales are now online, business this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you...
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glasgow, where house of fraser began. it's early doors and staff are fearing the worst. n't think i have an understanding of it yet. it's not really been explained to us at all. i think we're just all trying to keep each other up, we're all trying to stay motivated and hope for a good outcome. as workers were being briefed, shoppers had to wait. in hull, many worried about losing one of their favourite stores. with edwin davis, british home stores and now this one, where we going to shop? at ourage? you know, our age. morning folks, morning! but, by the time the doors opened across the country, this 169—year—old chain had a new owner. what happened to house of fraser today is the most shocking example yet of the distress that's currently playing out on our high streets. it's now in the hands of one of retail‘s most controversial and colourful bosses, who made his fortune with a chain known for stacking it high and selling it cheap. mike ashley is never far from the headlines, often for all the wrong reasons. a lot of cash there. yes, i've been to the casino. he's certainl
glasgow, where house of fraser began. it's early doors and staff are fearing the worst. n't think i have an understanding of it yet. it's not really been explained to us at all. i think we're just all trying to keep each other up, we're all trying to stay motivated and hope for a good outcome. as workers were being briefed, shoppers had to wait. in hull, many worried about losing one of their favourite stores. with edwin davis, british home stores and now this one, where we going to shop? at...
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house of fraser's future is thrown into uncertainty with the announcement that a chinese firm has pulled a hoped—for takeover. also coming up: the row over accusations of anti—semitism within the labour party. jeremy corbyn says he apologises for the concerns and anxiety caused after he attended a meeting where the israeli government was compared to the nazis. at an emergency drought summit, the farmers‘ union tells ministers the prolonged hot weather is affecting food production. and at 11:30pm, we will be taking an in—depth look at the papers with our reviewers, polly mackenzie from the think—tank demos, and steven swinford from the daily telegraph. stay with us for that. the army is on the streets of zimbabwe's capital tonight. water cannon and live bullets have been used against opposition supporters claming the election there has been rigged. police in harare say three people have died. the chance of a peaceful transition to a new post—mugabe era is quickly evaporating. the result has been delayed that will announce which of these two men will become president and lead the country,
house of fraser's future is thrown into uncertainty with the announcement that a chinese firm has pulled a hoped—for takeover. also coming up: the row over accusations of anti—semitism within the labour party. jeremy corbyn says he apologises for the concerns and anxiety caused after he attended a meeting where the israeli government was compared to the nazis. at an emergency drought summit, the farmers‘ union tells ministers the prolonged hot weather is affecting food production. and at...
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Aug 18, 2018
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house of fraser says it is sorry, and refunds will be given. ly a fifth of its sales are now online, business this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you straightaway. here is the problem. its warehouse operator, xpo logistics, has stopped processing orders, including at this site in milton keynes, in a dispute over payment. this time last week, mike ashley came riding to the rescue. he did so by buying this chain through what is known as a prepack the fallout was laid bare today. some {a84 million is owed to unsecured creditors like landlords and suppliers. xpo logistics alone is out of pocket by more than £30 million. jigsaw, the fashion retailer, is owed much less, but it has now removed stock from 20 house o
house of fraser says it is sorry, and refunds will be given. ly a fifth of its sales are now online, business this chain can ill afford to lose. one of house of fraser's failings over the last few years has been that its online offer has not been good enough. and that's something that mike ashley's team will be wanting to remedy pretty quickly. but it demonstrates how suddenly, if your online offer can't be delivered, how it impacts your customers and their ability to spend money with you...
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first and foremost, the customers of house of fraser. w long do you think it will take to sort out? i think it will ta ke take to sort out? i think it will take a while. we saw this was a business that was brought to its knees, it went into administration, and with any change of ownership there are lots of things that need to be done, particularly in terms of looking at the storage state. we know mike ashley intends to close some stores but he says fewer than we re some stores but he says fewer than were planned under the previous rescue scheme. we'll have to wait and see on this one, but i suspect it will roll on for some time yet. i'm sure it will. thanks forjoining us. the markets we re thanks forjoining us. the markets were a bit quiet an hour ago. but it is friday and august. people are on holiday. not a lot going on in the way of trade. tepid trading on the footsie. 0ne stock that is moving is the russian steel company evraz. yesterday saw big falls after plans for expansion, but perhaps people are taking a bit of profit and that ha
first and foremost, the customers of house of fraser. w long do you think it will take to sort out? i think it will ta ke take to sort out? i think it will take a while. we saw this was a business that was brought to its knees, it went into administration, and with any change of ownership there are lots of things that need to be done, particularly in terms of looking at the storage state. we know mike ashley intends to close some stores but he says fewer than we re some stores but he says fewer...
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mulberry has concessions in 21 house of fraser stores, so house of fraser is really important and is dreds of suppliers who were owed money by house of fraser when it went into administration. the amounts are extraordinary. if you add up all the unsecured creditors, including landlords and suppliers, you get to nearly half £1 billion worth of debt. here is the thing, when a company goes into administration and is then bought by someone else, those debts are effectively written off, there is no legal obligation for the new owner to pay those debts. and of course thatis to pay those debts. and of course that is what happened when mike ashley's sportsdirect took over house of fraser and it the harsh reality that suppliers end up taking the hit. and today, mulberry is the first supplier to reveal the true cost to its business, saying that it will now have to set aside up to £3 million to cover the cost. the amount was material enough today that it had to announce it on the stock exchange. hundreds of unlicensed handguns have been legally brought into the uk and sold to criminals because o
mulberry has concessions in 21 house of fraser stores, so house of fraser is really important and is dreds of suppliers who were owed money by house of fraser when it went into administration. the amounts are extraordinary. if you add up all the unsecured creditors, including landlords and suppliers, you get to nearly half £1 billion worth of debt. here is the thing, when a company goes into administration and is then bought by someone else, those debts are effectively written off, there is no...
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house of fraser has a bigger premises. else cheaper? possibly but there are still only 18% of retail sales going through pure online channels. these places have online channels. these places have online channels. some of the criticism levelled against house of fraser was the fact that they were too slow to respond to the online world. as well is the story to be in, it is being able to adapt their online to match. if you look at debenhams in comparison, they did very well to what we call the omni channel experience where you can browse online, visit the store, to weekend collect and mix up the digital with the physical and that appears to be the physical and that appears to be the preferred way. perhaps people do a bit of research and look at what is being said about products by other people and then they might go back to the store to purchase if they had a great experience and a great service proposition or they go somewhere else where they get a good service proposition. are you going shopping today? it i might do. of cour
house of fraser has a bigger premises. else cheaper? possibly but there are still only 18% of retail sales going through pure online channels. these places have online channels. these places have online channels. some of the criticism levelled against house of fraser was the fact that they were too slow to respond to the online world. as well is the story to be in, it is being able to adapt their online to match. if you look at debenhams in comparison, they did very well to what we call the...
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house of fraser employs 5000 people. over by a chinese firm, a household name with hamleys. it leys to fighting for a survivor. they pulled out because they are in trouble themselves. this company, house of fraser by in 1819, everybody knows it. it is in serious trouble and many other places on the high street. you have to ask yourselves is the highest regard to look at us today in five years' time the? it will not. technology is changing the way we 5hop the? it will not. technology is changing the way we shop and it is hollowing out our high street. many are doing innovative thing5 hollowing out our high street. many are doing innovative things were you get empty 5hop5 are doing innovative things were you get empty shops and fill them with other kinds of activity, from a youth centres to drop in places for older people. we do something to five 5pace5 older people. we do something to five spaces that were, they can maintain our public ground because otherwise, we will allju5t end up blogging into everything on mobile pho
house of fraser employs 5000 people. over by a chinese firm, a household name with hamleys. it leys to fighting for a survivor. they pulled out because they are in trouble themselves. this company, house of fraser by in 1819, everybody knows it. it is in serious trouble and many other places on the high street. you have to ask yourselves is the highest regard to look at us today in five years' time the? it will not. technology is changing the way we 5hop the? it will not. technology is changing...
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you always see a mulberry concession in a house of fraser in the south, they rely on house of fraser is a risk their block of flats could collapse. safety tests on tower blocks run after the grenfell fire found the building could collapse if there was even a minor gas explosion because of the way it's been built. noel phillips reports. the future is uncertain for some of the 87 households on this north london estate, who are being forced from their flats after being suddenly told injune this year by haringey council that their block is at risk of collapse, because of a construction fault that's been known about for years, but only now being addressed. in a way, i have made this my home. and now, all of a sudden, theyjust want to get us and kick us out, and put us somewhere maybe worse. patrick started squatting in tangmere, the block that is being evacuated, when he was 21. you've lived here a long time? 30 years. probably. i've never moved in my life, so, to me it is hard just thinking about it. in the wake of grenfell, structural tests were carried out on older tower blocks on this
you always see a mulberry concession in a house of fraser in the south, they rely on house of fraser is a risk their block of flats could collapse. safety tests on tower blocks run after the grenfell fire found the building could collapse if there was even a minor gas explosion because of the way it's been built. noel phillips reports. the future is uncertain for some of the 87 households on this north london estate, who are being forced from their flats after being suddenly told injune this...
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the department store chain house of fraser has cancelled all its online orders, because of a dispute let's get the sport now with chris mitchell. good evening. ben stokes will make his return to the england cricket side tomorrow in the third test against india at trent bridge, just four days after being found not guilty of affray. the durham all—rounder missed the second test match because of that trial and sam curran is the man to miss out. we had two days' practice to gauge that on, in terms of fitness and making sure he was physically right to play. sat him down last night, just me and him, and asked him, quite brutally and honestly, you know, "are you in the right place to go out and play for england?", and he assured me that he was absolutely ready to go and perform at his best. so, you know, from that perspective, i have no worries or doubts that he would be able to go and deliverjust like he has done so many times for england. gloucester say they're "surprised and extremely disappointed" after their fly half danny cipriani was summoned to an rfu disciplinary panel next week. i
the department store chain house of fraser has cancelled all its online orders, because of a dispute let's get the sport now with chris mitchell. good evening. ben stokes will make his return to the england cricket side tomorrow in the third test against india at trent bridge, just four days after being found not guilty of affray. the durham all—rounder missed the second test match because of that trial and sam curran is the man to miss out. we had two days' practice to gauge that on, in...
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house of fraser is cancelling all online orders and refunding customers. gun investigating the private operator of the motorway bridge that collapsed in genoa on tuesday, killing at least 38 people. 20 people are still missing. eating a low—carb diet could shorten your life by up to four years. that's the conclusion of a study by scientists in the states. coming up, we'll be hearing from leading actor emma thompson about her film ‘the children's act', which tackles the life and death decisions made in a family courtroom. sport now. we're waiting to hear whether ben stokes will play in england's third test against india, which starts tomorrow — he's back in training with the squad but head coach trevory bayliss says that's for his own well—being and he'll assessing him before making a decision. he may yet face sanctions from the ecb. there is a lot of work being done with the team culture and that will be ongoing. we have had to make one 01’ will be ongoing. we have had to make one or two changes obviously with cu rfews and that one or two changes obviously
house of fraser is cancelling all online orders and refunding customers. gun investigating the private operator of the motorway bridge that collapsed in genoa on tuesday, killing at least 38 people. 20 people are still missing. eating a low—carb diet could shorten your life by up to four years. that's the conclusion of a study by scientists in the states. coming up, we'll be hearing from leading actor emma thompson about her film ‘the children's act', which tackles the life and death...
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Aug 10, 2018
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sports directjust seems like quite a jump from house of fraser, it doesn't really, in my mind, reallyy well. we'll ask what the move means for house of fraser's 17,000 staff, and its customers. also tonight: england cricketer ben stokes tells the jury at his trial he doesn't remember knocking a man unconscious during a fight outside a nightclub last year. flash floods in the south of france force hundreds of locals and holiday—makers to flee towns and villages — at least one person is missing.
sports directjust seems like quite a jump from house of fraser, it doesn't really, in my mind, reallyy well. we'll ask what the move means for house of fraser's 17,000 staff, and its customers. also tonight: england cricketer ben stokes tells the jury at his trial he doesn't remember knocking a man unconscious during a fight outside a nightclub last year. flash floods in the south of france force hundreds of locals and holiday—makers to flee towns and villages — at least one person is...
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emma simpson, outside house of fraser in london. you some other news coming in following on from the novichok poisoning in wiltshire. we arejust on from the novichok poisoning in wiltshire. we are just hearing detectives investigating the more recent poisonings, talking about the poisoning of charlie rowley and dawn stu rg ess, poisoning of charlie rowley and dawn sturgess, who sadly died, her funeraljust sturgess, who sadly died, her funeral just having been sturgess, who sadly died, her funeraljust having been held, we are told that those detectives are undertaking precautionary testing of the ambulances use used to treat the pair, including the wiltshire air ambulance, the ambulance station, as well as emergency vehicles and kit worn by the first medical staff to respond to that 999 call. they are all going to be examined. they are saying that it is precautionary but it must be done to ensure that no onward contamination has taken place. and that means, in that list of items to be examined there, that means that wiltshire air amb
emma simpson, outside house of fraser in london. you some other news coming in following on from the novichok poisoning in wiltshire. we arejust on from the novichok poisoning in wiltshire. we are just hearing detectives investigating the more recent poisonings, talking about the poisoning of charlie rowley and dawn stu rg ess, poisoning of charlie rowley and dawn sturgess, who sadly died, her funeraljust sturgess, who sadly died, her funeral just having been sturgess, who sadly died, her...
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house of fraser's future is thrown into uncertainty with the announcement that a chinese firm has pulledut of a hoped—for takeover. farmers hold an emergency drought summit following the summer's extreme weather conditions. their union tells ministers the prolonged hot weather is affecting food production. new figures show the number of grammar school pupils in england has grown sharply. welcome to bbc news. violence has erupted in zimbabwe's capital, harare, as the ruling zanu pf party has won the parliamentary vote following monday's general election. the result of the vote for the next president has not yet been announced. what had been an historic opportunity to welcome a new political era after nearly a0 years of rule by robert mugabe has turned ugly. supporters of the opposition mdc party are claiming the vote has been rigged and the police are on the streets using water cannon and live ammunition rounds. police in zimbabwe say three people have been killed in the protests. our africa editor fergal keane reports from harare. singing. from early, there was something different in the
house of fraser's future is thrown into uncertainty with the announcement that a chinese firm has pulledut of a hoped—for takeover. farmers hold an emergency drought summit following the summer's extreme weather conditions. their union tells ministers the prolonged hot weather is affecting food production. new figures show the number of grammar school pupils in england has grown sharply. welcome to bbc news. violence has erupted in zimbabwe's capital, harare, as the ruling zanu pf party has...
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yes, i'm clear if the 16,500 people who work the house of fraser cm asa people who work the house of aser cm as a white knight. —— unclear. certainly it is different to the threat of administration, which is where they started. with guaranteed store closures, i think they were talking about 30 of the 59 stores. mike ashley is not giving a firm number but he says he wants to keep as many of them open as he can come and judging by his actions with the other stores he has involvement in, debenhams and sports direct, that is true. he clearly does see value in the high street but very few other people do. this is notjust a story about house of fraser rant mike ashley, but what the high street is in 2018 and whether retail shops can survive. dawn, that is the question. do you shop on the high street?” do, more than most of my friends, mainly because i find it convenient. ifi mainly because i find it convenient. if i want something i am impatient andl if i want something i am impatient and i want it now. but it is becoming increasingly hard to do so and increasingly you will see shops closin
yes, i'm clear if the 16,500 people who work the house of fraser cm asa people who work the house of aser cm as a white knight. —— unclear. certainly it is different to the threat of administration, which is where they started. with guaranteed store closures, i think they were talking about 30 of the 59 stores. mike ashley is not giving a firm number but he says he wants to keep as many of them open as he can come and judging by his actions with the other stores he has involvement in,...
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they one of hundreds of suppliers owed lots of money by house of fraser. owed more than £30 million. sports direct have no legal obligation to pay any of house of fraser's debt because the company was brought out of administration. also it is worth mentioning mulberry, the luxury handbag designer has big losses so the ripple effect of this huge retail colla pse the ripple effect of this huge retail collapse are only starting to become clear. cricket, and india have continued to dominate the third test against england at trent bridge. they've declared on day three with a lead of 520. here's our sports correspondent patrick geary. where do england go from here? nearly 300 runs behind in the test, the best guess was down. like too much of their catching. joss buttler the latest to let one slide in the slips. he would get more catching practice soon whenjonny bairstow, england's wicketkeeper, fractured a finger. he went off and joss buttler put on the gloves while india put on runs — slowly. virat kohli and pujara both made 50s in their own time. pujara finally
they one of hundreds of suppliers owed lots of money by house of fraser. owed more than £30 million. sports direct have no legal obligation to pay any of house of fraser's debt because the company was brought out of administration. also it is worth mentioning mulberry, the luxury handbag designer has big losses so the ripple effect of this huge retail colla pse the ripple effect of this huge retail collapse are only starting to become clear. cricket, and india have continued to dominate the...
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we had heard that house of fraser was very much on the brink. out house of fraser ‘s. it is quite a mixed picture opening up. quite a mixed picture opening up. quite a mixed picture in terms of how we feel and how confident we feel as shoppers and that is because we don't feel we have quite as much money in our pockets and we are being sensible about the choices we make. we went out, we have barbecues with the good weather and spent money on food. for the next month we don't have the same money. we are being really calm and consistent in what we are spending and we have seen that in loss of retailers figures, but in non— food, the picture on the high street is quite depressing. we are not spending money, we are keeping the money back and we can see that some of this news. lots of stores closing. we will talk more about this with katharine later in the programme. we are going to talk about what is going on in with jeremy because we have the official figures for growth coming out at 9:30 a.m.. what are we expecting to see? bounce back from a poor f
we had heard that house of fraser was very much on the brink. out house of fraser ‘s. it is quite a mixed picture opening up. quite a mixed picture opening up. quite a mixed picture in terms of how we feel and how confident we feel as shoppers and that is because we don't feel we have quite as much money in our pockets and we are being sensible about the choices we make. we went out, we have barbecues with the good weather and spent money on food. for the next month we don't have the same...
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mulberry has concession sections in 21 house of fraser stores and employs 88 people. collapsed and fell into administration. house of fraser was then bought by sports direct, but its owner, mike ashley, has said he will not pay creditors for debts incurred before the takeover. the handbag maker gets about 70% of its revenue from the uk — it's planning on moving into other markets though. it has its eyes on korea at the moment, singing a deal this month to launch the brand there. countrywide, the uk's largest estate agency group, has cancelled plans for a new bonus package for its bosses. the package could have paid out a total of £20 million to three executives, depending on the firm's share price performance over the next three years. investors were not happy about this and so the estate agent has had to cancel plans. shares in countrywide plunged earlier this month, when it said it needed to raise funds because of a weak housing market. and it's being seen a5 a turning point for asian representation in hollywood. one of the latest films to be released by warner brot
mulberry has concession sections in 21 house of fraser stores and employs 88 people. collapsed and fell into administration. house of fraser was then bought by sports direct, but its owner, mike ashley, has said he will not pay creditors for debts incurred before the takeover. the handbag maker gets about 70% of its revenue from the uk — it's planning on moving into other markets though. it has its eyes on korea at the moment, singing a deal this month to launch the brand there. countrywide,...
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more than 600 jobs are likely to go at a company which handles deliveries for house of fraser after it0 million. the department store chain was bought out of administration by the owner of sports direct, mike ashley — but he's already said he won't pay creditors for debts incurred before his takeover. our business correspondent emma simpson is here. how many creditors are we talking about? there are hundreds, including xpo logistics, a big global company and it has two distribution centres, in milton keynes and in wellingborough near northampton and they supply house of fraser and there has been a dispute over payment, and xpo logistics stopped processing orders and last week house of fraser had to take down its website and cancel orders and the website and cancel orders and the website is still down. sports direct has no legal obligation to settle any of the debts for all suppliers before it actually bought the business. when administration happens, suppliers often end up taking the hit. neither company has commented. clearly it has not been resolved because sadly the gmb union said 6
more than 600 jobs are likely to go at a company which handles deliveries for house of fraser after it0 million. the department store chain was bought out of administration by the owner of sports direct, mike ashley — but he's already said he won't pay creditors for debts incurred before his takeover. our business correspondent emma simpson is here. how many creditors are we talking about? there are hundreds, including xpo logistics, a big global company and it has two distribution centres,...
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sports directjust seems quite a jump from house of fraser. sale means for house of fraser's staff and customers. also tonight: good weather and good news improve britain's economic output in the second quarter of the year, but crucial exports are down. visible from the sky — china's expansion into the south china sea continues, despite growing opposition. an immigration reprieve for a nine—year—old chess progidy —
sports directjust seems quite a jump from house of fraser. sale means for house of fraser's staff and customers. also tonight: good weather and good news improve britain's economic output in the second quarter of the year, but crucial exports are down. visible from the sky — china's expansion into the south china sea continues, despite growing opposition. an immigration reprieve for a nine—year—old chess progidy —
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house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directes open. so the attrition on the high street is set to continue. joe lynam, bbc news. in november, americans will go to the polls to vote in the crucial midterm elections. but as intelligence chiefs in the country continue to warn of russian interference, there's growing concern about the us voting infrastructure and how vulnerable it could be to cyber—attack. at a conference in las vegas, we met children with the hacking skills needed to crack america s defences. now i am going to try and change the votes for donald trump. i'm going to try and give him less votes. these are the websites that are very important because they report the election results to the public. they also tell the public where to go to vote. you can imagine if either of these two things were changed, the chaos that would ensue. if you need any assistance, please just raise your hand and we will come and help you. delete the rows, updating the rows. deleting them, adding them. you canjust go in, we can call somebody
house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directes open. so the attrition on the high street is set to continue. joe lynam, bbc news. in november, americans will go to the polls to vote in the crucial midterm elections. but as intelligence chiefs in the country continue to warn of russian interference, there's growing concern about the us voting infrastructure and how vulnerable it could be to cyber—attack. at a conference in las vegas, we...
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we know mike ashley has 11% of house of fraser at the moment, and he might put something together. lip day owner of edinburgh woollen mill has been linked to the deal. we only have speculation so far until this cash on the table the future of house of pace is very uncertain. laith, thank you very much. plenty more business on our web page. the uk's most un-punctual airline. there is a big clue in the picture. it is wizzair. an average of 23 minutes late. your‘re watching business live. our top story... the trade war between the united states and china has heated up with a highly unusual personal attack on president trump in chinese state media. the people's daily newspaper said the us president was starring in his own "street fighter—style deceitful drama of extortion and intimidation". now let's get the inside track on drones. because it's an industry that's really taking off. a report by pwc predicts it'll be worth £112 billion by 2030 in the uk alone, and that over 600,000 people will be employed in the industry, as new types ofjobs to develop, build, operate and regulate drones
we know mike ashley has 11% of house of fraser at the moment, and he might put something together. lip day owner of edinburgh woollen mill has been linked to the deal. we only have speculation so far until this cash on the table the future of house of pace is very uncertain. laith, thank you very much. plenty more business on our web page. the uk's most un-punctual airline. there is a big clue in the picture. it is wizzair. an average of 23 minutes late. your‘re watching business live. our...
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house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directrition on the high street is set to continue. the us space agency nasa has delayed the launch of its mission to send a satellite closer to the sun than ever before. a satellite closer to the sun than ever before. the parker solar probe was due to have launched from cape canaveral in florida this morning but the lift—off was postponed when an alarm went off. it has been rescheduled for tomorrow. a care home for people living with dementia has been inundated with holiday postcards following an appeal. staff at cedar court care home in bretby in derbyshire asked for holiday stories from the public last month. they've now received about 1,000 to share with residents. caroline moses reports. more holiday reading that this is the old way of recording travel memories. it followed an intranet appealfrom the memories. it followed an intranet appeal from the care home last month for people to send in traditional postcards from their holidays in the hope that among other things it would help resi
house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directrition on the high street is set to continue. the us space agency nasa has delayed the launch of its mission to send a satellite closer to the sun than ever before. a satellite closer to the sun than ever before. the parker solar probe was due to have launched from cape canaveral in florida this morning but the lift—off was postponed when an alarm went off. it has been rescheduled for...
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house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directgh street is set to continue. the governments decision to maintain its ban on boxing and martial arts in prisons is a "missed opportunity" according to the uk s leading expert on sport in prisons. in a report commissioned by the ministry ofjustice, professor rosie meek said the sports could help reduce re—offending and improve discipline injails. but ministers have rejected the recommendation, as our home affairs correspondent daniel sandford explains. teenage young offenders held in wetherby, working out their aggression in a rugby league session organised by leeds rhinos. keep going, guys, well done. taking exercise while behind bars helps with fitness, mental health and also with learning lessons for life on the outside. it gives you good discipline and that, like, you have got to be told what to do and take it on and stuff like that. you can turn into real—life situations. today's report into sport in prison found some good examples like here in wetherby but it says the provision i
house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directgh street is set to continue. the governments decision to maintain its ban on boxing and martial arts in prisons is a "missed opportunity" according to the uk s leading expert on sport in prisons. in a report commissioned by the ministry ofjustice, professor rosie meek said the sports could help reduce re—offending and improve discipline injails. but ministers have rejected the...
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many of house of fraser's problems were self—inflicted. an awful lot of investment to turn it around. a man has pleaded guilty to plotting a terrorist attack in central london, and raising money to fund terrorism. 26—year—old lewis ludlow from kent had planned to hire a van and target pedestrians on oxford street, at madame tussauds and at st paul's cathedral. he'd hoped to kill up to 100 people. he'll be sentenced in november. our home affairs correspondent daniel sandford has more. this has always been a very unusual case. lewis ludlow is an awkward looking white convert from rochester who converted to islam at the age of 16 and was quick we'd drawn into the world of a well—known radical extremist. he used to appear on demonstrations with chowdhury supporters, always looking slightly out of place. he recorded a youtube video saying he had once been a nazi but converted to islam after muslims had been friendly to him online after a bereavement. by the time he was arrested in april, he was under extensive surveillance. he had been stopped
many of house of fraser's problems were self—inflicted. an awful lot of investment to turn it around. a man has pleaded guilty to plotting a terrorist attack in central london, and raising money to fund terrorism. 26—year—old lewis ludlow from kent had planned to hire a van and target pedestrians on oxford street, at madame tussauds and at st paul's cathedral. he'd hoped to kill up to 100 people. he'll be sentenced in november. our home affairs correspondent daniel sandford has more....
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Aug 20, 2018
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is the collapse of house of fraser causing ripples throughout retail? absolutely. chain is important to mulberry. it generates a lot of revenues of handbag sales. 0ne generates a lot of revenues of handbag sales. one of steel suppliers that money by house of fraser when it went into administration. extraordinary sums. all the unsecured creditors, landlords and suppliers, house of fraser had debts together of nearly half a billion pounds. when a business goes into administration and is bought by someone else, mike ashley's sports direct, they are not liable to any of the debts. that is the harsh reality. suppliers are taking the hit. mulberry is the first supplier to reveal the true cost, up to £3 million. material enough for that to be announced on the stock exchange today. after almost ten years of economic hardship, greece has successfully completed a bailout programme, in which it received tens of billions of euros to help it fix its economy. it means the country can now borrow again on international markets. the loans given to greece since 2010 amounted to the
is the collapse of house of fraser causing ripples throughout retail? absolutely. chain is important to mulberry. it generates a lot of revenues of handbag sales. 0ne generates a lot of revenues of handbag sales. one of steel suppliers that money by house of fraser when it went into administration. extraordinary sums. all the unsecured creditors, landlords and suppliers, house of fraser had debts together of nearly half a billion pounds. when a business goes into administration and is bought...
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house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directet to continue. joe lynam, bbc news. a rhino calf — one of only 650 in the world — has been playing outside for the first time, just over a week after being born at chester zoo.
house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directet to continue. joe lynam, bbc news. a rhino calf — one of only 650 in the world — has been playing outside for the first time, just over a week after being born at chester zoo.
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house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directen. so the attrition on the high street is set to continue. joe lynam, bbc news. sport and for a full round up, from the bbc sport centre, here'sjohn acres. good morning. england have begun theirfirst innings on day three of the lord's test against india. james anderson took 5—20 as india were bowled out for 107 on a rain affected day two. in reply in bright sunshine england are 20—0. it's the first saturday of the new premier league season, after manchester united got off to a winning start beating leicester 2—1 at old trafford last night. united took the lead afterjust three minutes — paul pogba converting the penalty after a handvall in the box. after a handball in the box. luke shaw added the second — his first goal in senior football. jamie vardy added a late consolation for leicester. here are today's premier league fixtures. new boys fulham have a london derby as they host crystal palace. and another side returning to the top flight — wolves, play everton in the late kick off. s
house of fraser was bought out of administration yesterday by mike ashley, the owner of sports directen. so the attrition on the high street is set to continue. joe lynam, bbc news. sport and for a full round up, from the bbc sport centre, here'sjohn acres. good morning. england have begun theirfirst innings on day three of the lord's test against india. james anderson took 5—20 as india were bowled out for 107 on a rain affected day two. in reply in bright sunshine england are 20—0. it's...