Bloomberg London’s main financial district expects demand for stores from workers and visitors to increase even as retailers go bust because more consumers are shopping online. The City of London’s local government expects investors to add 122,500 square metres (1.3 million square feet) of retail space in the district over the coming 15 years, according to a proposed development plan. ...

Bloomberg Walmart Inc has lured a pair of senior Goldman Sachs bankers to help lead a new fintech startup as the retail giant muscles into the banking business. Omer Ismail, the head of Goldman’s consumer bank, is making a surprise exit to the fintech, according to people with knowledge of the matter. The world’s largest retailer made a splash last ...

Bloomberg London’s Heathrow airport will charge departing passengers an extra 8.90 pounds ($12.40) in an effort to claw back costs as the coronavirus crisis depresses air travel. The tariff is permitted by the UK’s aviation regulator under a protocol that allows the hub to cover costs for utilities, baggage and check-in services. Heathrow makes “zero profit” from such activities, with ...