UK coronavirus: Tesco restricts online orders to 80 items each March 27, 2020 Tesco has said online customers will have their deliveries capped at 80 items, in the latest move to safeguard supplies during the coronavirus outbreak. In an email to customers the supermarket said the aim was “to increase the number of customers we can safely deliver to”. Tesco urged customers to visit stores during the nationwide [...]
Greggs unveils record 2019 results but says storms slowed sales this year March 3, 2020 Bakery chain Greggs today unveiled record results for 2019, but warned that storms hit its sales last month. The baker said pre-tax profit for the 52 weeks to 28 December was £108.3m, up 31 per cent on the previous year. Total sales grew 13.5 per cent to £1.16bn, with like-for-like sales in company-managed shops up [...]
It’s official: Coronavirus killed UK house prices’ Brexit recovery April 22, 2020 Signs of recovery in UK house prices at the start of the year have been brought to an abrupt halt by the coronavirus crisis. Figures from the Land Registry and the ONS show inflation fell back to 1.1 per cent in February after climbing to an eight-month high of 1.5 per cent in January. The [...]
Competition watchdog secures £47m in overdraft refunds from major banks May 28, 2020 The Competition and Markets Authority (CMA) has secured £47m in refunds for consumers from banks which failed to properly warn them about overdraft charges in the last two years. Customers with personal current accounts must receive a text alert warning of fees before banks charge them for an unarranged overdraft. Today, the CMA announced that [...]
Metro Bank to return £11.4m to customers after breaching unarranged overdraft charge rules April 20, 2020 Metro Bank is to return £11.4m to customers after it breached a legal order by failing to send texts warning people about unarranged overdraft charges. The Competition and Markets Authorty (CMA) said the bank breached Part 6 of the Competition and Market Authority’s (CMA) Retail Banking Market Investigation Order 2017 which requires banks to warn [...]
Top scientists tap gamers to model spread of coronavirus March 29, 2020 The scientist whose predictions about coronavirus prompted a nationwide lockdown has teamed up with gamers to launch a simulation mapping the potential spread of the pandemic. Professor Neil Ferguson, a top data modeller at Imperial College London, is working with John Carmack, chief technology officer at Oculus VR and lead programmer on video games Wolfenstein [...]
How to stage a limited capacity match in the Covid era, from socially distanced seating to ordering drinks November 25, 2020 Sports clubs across England are preparing to host limited-capacity events when lockdown ends next week, but Harlequins are one step ahead. The Premiership rugby club had 2,800 at their home, The Stoop, for a match against Bath in early September, as part of a nationwide pilot scheme. Here, Adrian Wells, chief marketing officer at Harlequins, [...]
Betfair: What the markets look like days out from the US election October 29, 2020 Normally, around one week out from polling day, we would expect to see relatively close convergence between Betfair estimates and polling models. However there is nothing normal about either the Trump era or 2020. The two estimates have never converged during this cycle and the differential is more stark than ever. At odds of 1/2 [...]
Coronavirus eats into Finsbury Food revenue as sales sink during lockdown July 15, 2020 Cake manufacturer Finsbury Food Group said it expects annual sales to dip slightly in 2020 as a plunge in sales during the second half of the year during the coronavirus crisis diluted progress made last year. The bakery group said second half sales slumped as a result of the national lockdown, with sales sinking 24 [...]
Majority of vulnerable Brits to receive Covid vaccine by Easter, says Johnson November 23, 2020 The majority of vulnerable Brits should have received a vaccine against coronavirus by Easter, Boris Johnson tonight said. Speaking in a press conference after today’s announcement of a new, tougher system of restrictions for the winter, the Prime Minister hailed the prospect of a number of working vaccines. “With a favourable wind we should be [...]