Morrisons bans mask flouters amid crackdown on Covid rulebreakers January 11, 2021 Morrisons has become the first British supermarket to enforce an immediate ban on customers who refuse to wear face coverings, as the Prime Minister today warned low lockdown compliance would lead to tougher restrictions. From today, shoppers who turn down masks offered by staff will be refused entry from Morrisons unless they are medically exempt. [...]
Letter to the editor: How brownfield sites can help us solve the housing crisis April 2, 2024 Pushing London further out into the country with another onion ring of low-density greenfield housing is not the solution to the housing crisis.
Santa’s every little helpers: Tesco to recruit 30,000 festive staff October 13, 2023 Britain’s biggest supermarket, Tesco, is the latest retailer to launch a massive Christmas recruitment drive, as it looks for 30,000 staff. The grocery giant said it was appealing to cash-strapped Brits, ranging from students and families, hit hard by the cost-of-living crisis, to those who stepped away from work during the pandemic and want to [...]
Morrisons forecast to report £300m Covid-related costs in full-year results March 5, 2021 Morrisons is expected to report coronavirus-related costs of almost £300m in its full-year results next week due to the impact of the third Covid-19 lockdown. In a note to investors, analysts at Shore Capital Markets estimated that the current national lockdown will have elevated operating costs around absenteeism and temporary workers, as well as mounting [...]
Morrisons to be first UK supermarket to pay staff at least £10 an hour January 13, 2021 Morrisons will pay its supermarket staff at least £10 an hour, becoming the first major UK supermarket to reach that milestone. The new deal will start in April and represents a significant pay increase for nearly 96,000 colleagues, the majority of which will see a nine per cent rise. Staff had pushed for an increase [...]
GAM’s UK equity team to transfer to Jupiter Asset Management November 20, 2023 GAM said there will be a “seamless transition” for clients which will allow them to remain invested in the fund.
Morrisons posts sales growth but warns of higher Covid-19 costs January 5, 2021 Morrisons has reported a rise in sales during the second half of the year, but warned that tougher new Covid-19 lockdown measures would increase its costs. The supermarket chain posted an 8.1 per cent rise in like-for-like sales excluding fuel in the 22 weeks to the 3 January. Including fuel, like-for-like sales rose 1.9 per [...]
This Week: PMIs, Morrisons, Next, US unemployment, Fed, M&S January 4, 2021 City A.M. looks at the first business week of 2021 with Michael Hewson, chief market analyst at CMC Markets UK. Monday: UK PMIs for December Flash numbers in the middle of December were surprisingly encouraging, with manufacturing rising to 57.3. “No doubt due to some pre-Brexit stockpiling. services also managed to rebound a touch, coming [...]
Asda continues to lose market share while grocery inflation rises for first time since March 2023 August 13, 2024 Asda and the Co-op have continued to lose market share while a rise in grocery inflation has led to overall sales increasing significantly for Tesco, Sainsbury’s and Lidl. Take-home sales at the grocers rose by 3.8 per cent in the four weeks to August 4, 2024, compared with the same period a year ago, according [...]
Central America and South Asia trips see Hostelworld to narrowed losses August 10, 2023 Hostelworld has long been a favourite of travellers looking to rent a cheap bed for the night, but suffered amid sluggish demand after the pandemic.