HIGH streets face the loss of 250,000 jobs in the next year alone unless the Government acts NOW to halt the death of traditional town centres. Ministers have been told emergency action is needed in order to save stores as they battle against sky-high business rates and the massive growth of online giants. The demand comes after controversial Sports Direct boss Mike Ashley snapped up department store House of Fraser for a cut-price £90million hours after the chain entered administration on Friday. Joshua Bamfield, director of the Centre for Retail Research, last night issued a stark warning of a high street “massacre”. He said: “The number of job losses could be between 200,000 and 250,000 for this year and 2019 and as many as 20,000 stores could close over the same period. “In the past, the traditional high street has been protected from changes in the economy as people had to shop there. “But now the decisive move to online and the heavy costs of … [Read more...] about How 250,000 jobs could go as business rates and online giants kill shops
Tycoon real estate investing
Millionaire’s son Henri van Breda, 23, found GUILTY of murdering parents and brother in frenzied axe attack – losing his £6million inheritance
TYCOON’S son Henri van Breda has lost his £6MILLION inheritance after being found guilty of hacking his wealthy parents and his older brother to death with an axe. Henri, 22, was also convicted of the attempted murder of his younger sister with the weapon and of attempting to obstruct the course of justice by then blaming two mystery intruders. Instead of a life of luxury and fast cars the 22-year-old with the world at his feet will almost certainly be sent to Pollsmoor Maximum Security Prison which can be a death sentence in itself. The prison is built for 4,336 men has over 7,000 dangerous criminals inside and is run by gangs and violent attacks and gang rape is what faces most new arrivals at the grim jail. The case which began last year has gripped South Africa and the accused millionaires’ son had insisted throughout that he was innocent - but today he was branded a liar on the trial's 68th day. Judge Siraj Desai in finding him guilty of all charges said: "The … [Read more...] about Millionaire’s son Henri van Breda, 23, found GUILTY of murdering parents and brother in frenzied axe attack – losing his £6million inheritance
Trump lawyer sold ‘insight’ into his high-powered client
Jeff Horwitz, Catherine Lucey and Jonathan Lemire, Associated Press Updated 5:02 pm, Wednesday, May 9, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-5', placement: 'Interstitial Gallery Thumbnails 5', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-10', placement: 'Interstitial Gallery Thumbnails 10', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-15', placement: 'Interstitial Gallery Thumbnails 15', target_type: 'mix' }); _taboola.push({flush: true}); window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-20', … [Read more...] about Trump lawyer sold ‘insight’ into his high-powered client
Russian tycoon known for Faberge eggs tied to Cohen payment
Updated 8:24 pm, Wednesday, May 9, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-3', placement: 'Interstitial Gallery Thumbnails 3', target_type: 'mix' }); _taboola.push({flush: true}); Photo: Alexei Druzhinin, AP Image 1of/3 CaptionClose Image 1 of 3 FILE - In this Thursday, Jan. 26, 2017 file photo, Russian President Vladimir Putin, left, poses for a photo with Renova CEO businessman Viktor Vekselberg during an awarding ceremony in Moscow's Kremlin, Russia. Outside the rarified sphere of the super-rich, tycoon Viktor Vekselberg is mostly known in Russia for spending more than $100 million to bring cultural artifacts back to their homeland, including an array of Faberge eggs glittering with gold and jewels. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File) less FILE - In this Thursday, … [Read more...] about Russian tycoon known for Faberge eggs tied to Cohen payment
Trump’s Next Crisis Could Be With His Asian Bankers
With money you can buy a house, but not necessarily a home. President Xi Jinping can surely relate to this Chinese adage as he considers the dubious mortgage Beijing holds at the moment. The U.S. may have built a giant, vibrant economic house on the proverbial hill, but bankers in China, Japan and elsewhere in Asia possess the deed. Together, 10 Asian economies hold more than $3 trillion of U.S. Treasuries—nearly 15 percent of the total national debt—as Washington borrows with abandon. That’s leverage over Donald Trump’s White House, and don’t doubt for a minute that Communist Party bigwigs in Beijing know it.Story Continued Below With the U.S. deficit set to soar past $1 trillion, threatening to send the U.S. debt-to-GDP ratio to a level not seen since the 1940s, Xi’s government is dropping not-so-subtle hints about calling its $1.2 trillion of loans to Washington. The first shot across Trump’s bow came from Cui Tiankai, China’s … [Read more...] about Trump’s Next Crisis Could Be With His Asian Bankers