London coronavirus cases falling in more than half of boroughs November 5, 2020 Coronavirus cases are falling in more than half of London boroughs, according to official figures, as the capital begins to see the effects of the rule of six and orders to work from home. Latest figures from Public Health England showed that cases of Covid-19 are falling in 19 out of 32 London boroughs, suggesting [...]
Virgin Atlantic joins calls for airport testing regime September 9, 2020 Virgin Atlantic’s chief executive has added his voice to calls for airport testing to replace the government’s blanket quarantine regime, saying it is the “only way” to get the economy going again. Speaking to the BBC this morning, Shai Weiss said: “The economy, which is already in deep recession will not take off unless we [...]
Superdry shares plunge as it warns profit could hit zero January 10, 2020 Superdry witnesses its stock plummet in early trading today after issuing a dramatic profit warning on the back of underwhelming sales over its peak Christmas trading period. The fashion retailer now expects underlying profit before tax to range up to £10m, but warned it could vanish altogether after booking “lower than anticipated” retail sales of [...]
Sainsbury’s suffers Christmas sales slowdown as Black Friday hurts the supermarket January 9, 2019 Like-for-like sales at Sainsbury’s fell by 1.1 per cent over the Christmas period, the supermarket said today. Total sales excluding fuel dropped by 0.4 per cent in the 15 weeks to 5 January, while general merchandise sales fell by 2.3 per cent and clothing by 0.2 per cent. Read more: Aldi sales hit £1bn in record Christmas [...]
Aviation bosses demand end to quarantine after introduction of mandatory testing January 8, 2021 The aviation industry has called for the government to scrap its quarantine regime following the introduction of a mandatory testing regime. Nearly 10 months after the coronavirus pandemic began to sweep through the UK, the government has finally put in place restrictions on people entering the country. Despite consistent lobbying from the aviation industry, business [...]
Superdry’s share price decline continues after profit warning January 13, 2020 Superdry’s share price continued to dive today after the embattled retailer issued a profit warning last week following weak sales over the crucial Christmas trading period. The fashion chain’s shares dropped more than eight per cent this morning to 401.2p, before recovering slightly in the afternoon to 412p. Read more: Superdry shares plunge as it [...]
BBC iPlayer bags best ever festive fortnight thanks to Gavin and Stacey boost January 8, 2020 The BBC has hailed its most successful Christmas catch-up period ever as viewers clamoured for top shows such as Gavin and Stacey. BBC iPlayer booked 203m requests to download or stream programmes between 20 December and 2 January – up more than a third on last year and a new record for the platform. Read [...]
Confidence hits 18-month low as Brexit jitters fuel uncertainty January 28, 2019 Consumer confidence has plunged to its lowest level in 18 months, as uncertainty over Brexit takes its toll on shoppers’ spirits despite rising wages and record low unemployment. Confidence among consumers fell for the second consecutive quarter in the final three months of 2018, sliding from -7 per cent to -9 per cent, according to data [...]
Eurostar is our green gateway to Europe — we cannot abandon it November 26, 2020 As the end of the EU transition period looms, the UK must be able to showcase the strength of its post-Brexit trading role, whatever the outcome of negotiations. Our connectivity with Europe, even as a standalone nation, is crucial to demonstrating this. Yet Eurostar, the most iconic connection between the UK and mainland Europe, is [...]
John Lewis ends year on a high as sales are boosted by last-minute Christmas shopping January 2, 2019 John Lewis reported a rise in sales during the last week of the year as shoppers rushed to buy last-minute Christmas gifts and cash in on sales. Total sales for the the department store chain were up 4.5 per cent for the week ending 29 December, compared with the same period last year. The company [...]