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How fund manager Stephen Arnold beat the market by not owning Nvidia

Aoris investment chief Stephen Arnold’s international equity fund returned 34 per cent in the 2023 financial year by largely avoiding the Magnificent Seven.

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Domino s hiring 5,000 staff to replace pandemic workers going back to old lives

The pizza chain said it wants 5,000 people to fill roles as pizza chefs or delivery drivers because demand is not slowing down despite the economy reopening.

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Boohoo s £1 7BILLION boom: Online fashion giant s sales soared by 41% in lockdown

Online fashion giant Boohoo today revealed a 41% surge in sales it raked in huge sims on the back of the online shopping boom during lockdown with Britons spending millions on lounge and sportswear while stuck at home. The retailer, founded by billionaire Mahmud Kamani, said revenues jumped to £1.74 billion in the year to February 28 2021 from £1.23 billion in the previous year. The fast fashion retailer, which recently bought Debenhams, Dorothy Perkins, Burton and Wallis and was rocked by the Leicester sweatshop scandal, told shareholders on Wednesday morning that pre-tax profits were also lifted by 35% to £124.7 million because of the sales explosion caused by the pandemic.

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Figures show 190,000 retail roles have been axed on High Street since start of first lockdown

Figures show 190,000 retail roles have been axed on High Street since start of first lockdown
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Lord Foster s vision for post-pandemic UK: Empty offices as residential tower blocks

One of Britain s most famous architects has said offices left empty by the coronavirus crisis could become the residential tower blocks of the future and vacant shops could be turned into urban farms. Lord Foster of Thames Bank, whose designs include the Gherkin in London and Apple s headquarters in Cupertino, California, said the pandemic has been an accelerant of trends that will reshape global cities. The 85-year-old argued that these trends include the repurposing of buildings for alternative use and the pedestrianisation of larger swathes of urban centres. Lord Foster told the Financial Times that the crisis sparked by the global outbreak of Covid-19 has brought Britain to a crossroads in the evolution of the office, millions of which have stood empty for the past year.

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