British department store chain with a troubled late-2010s history; brand revived online after administration
A series of proposals around council tax, stamp duty and land value tax are attracting attention as policymakers consider how to reform property taxation. The debate spans mansion taxes in Scotland, and broader reforms that could affect ownership costs and mobility.
M&S has opened Pantheon, a four-floor flagship on Oxford Street spanning almost 100,000 sq ft, with a food, fashion, home and beauty blueprint for future stores. The project features made-to-order tailoring, a dedicated beauty hall, and a revamped homeware section, as the retailer presses ahead with broader London refurbishments amid regulatory battles and urban redevelopment.
A blaze at the former Debenhams on Princes Street has shut trams from Leith to Newhaven. Edinburgh Council is exploring a four-tram shuttle to re-open a link between Picardy Place and Newhaven, with overnight movements and enhanced security. Officials warn the disruption will extend into August and impact Festival travel.
Mayors across England will soon keep a share of local income tax to fund growth projects, a major step in devolving power from Whitehall. The plan aims to address regional inequality but faces implementation barriers and risk of lagging growth for less wealthy areas.
Edinburgh’s historic North Bridge has fully reopened to traffic and pedestrians after an eight-year restoration. The project restored steelwork, hand-finished the façade, and installed ongoing monitoring access. Final completion is announced for later this year as council projects continue.
Edinburgh’s King’s Theatre has reopened after a near-four-year closure following a £41 million refurbishment. The Edwardian venue now features enhanced accessibility, a level stage, extended fly tower, upgraded technical infrastructure and doubled hospitality capacity. Test events have taken place and tours are selling quickly ahead of fringe season.
Edinburgh’s Princes Street remains partly closed after a blaze, but authorities are pushing ahead with stabilisation work, public funding, and a plan to restore the 150-year-old Debenhams facade. Council leaders emphasise safety and momentum, while a public consultation is promised within six months.
Harvey Nichols has been put up for sale and is undergoing a turnaround led by Frasers Group. The six-storefront estate, including Edinburgh’s flagship, will continue operating while a broader restructuring is pursued, with potential integration of Flannels and the wider Frasers luxury ecosystem.
The blaze at the former Debenhams building has led to seven weeks of disruption in Edinburgh. Princes Street has reopened to pedestrians and traffic as bus and tram services resume along the corridor. Officials say the work to secure the site is complete and the city is focusing on recovery and support for affected businesses.
The Scotsman letters and opinion pieces question water usage in firefighting, building safety standards, and governance. Contributors urge regulatory changes, better insurer engagement, and more accountability from Holyrood as Scotland revisits major safety and infrastructure concerns.
Funding Circle has announced that chief executive Lisa Jacobs will leave the group no later than September 2027 and the board has begun the search for a successor. Jacobs has led the group since 2022 after joining in 2012, as profits for the six months to June climbed, prompting an upgraded outlook. Shares fell in early trading despite the upbeat results.
Associated British Foods says Primark has acquired a Sheffield warehouse and will offer home delivery in Great Britain in the future, expanding beyond its established click-and-collect model. Primark sales are dipping year-on-year, with UK performance modestly positive while continental Europe weakens. A demerger plan to list Primark separately is targeted for end-2027.
A wave of fall fragrance coverage highlights affordable, designer-inspired options alongside premium launches. Scotsman roundups stress wallet-friendly picks and gift-worthy gifts, while Independent and New York Post focus on standout launches like Bond No. 9 and Le Labo. Readers are guided through fall notes, gifting timing and staying power, with coverage extending to fall fragrance trends.