Exclusive: Westminster denies firms business rates relief for empty offices during lockdown June 17, 2020 Central London companies whose staff abandoned offices to work remotely during the coronavirus lockdown have been refused business rates relief, City A.M. can reveal. Westminster City Council has refused to grant the relief to office-based businesses such as accountants, law firms, and consultancies despite their workspaces remaining empty over the period. The move has sparked [...]
Beer sales slip at Greene King after last year’s World Cup summer September 6, 2019 Beer sales fell in Greene’ King’s summer quarter, as they suffered in comparison to last year’s World Cup-fuelled boost in drinking, the pub chain revealed today. Read more: Greene King shares surge 50 per cent as Hong Kong’s richest man makes an offer Like-for-like sales sank 4.2 per cent among Greene King’s pub partners for [...]
Screenshot: Will nightclubs really reopen in June? March 5, 2021 This week: **Media Moment of the Week: Telly’s still got welly **Will nightclubs really reopen on 21 June? **The BBC turns back time Media Moment of the Week: Telly’s still got welly In the age of Silicon Valley streaming giants and relentless references to “content” and “eyeballs”, it’s easy to forget that TV can, sometimes, [...]
Destination Ayrshire July 27, 2020 The Ayrshire region of Scotland sits on the southwest coast and enjoys considerably better weather than most of the country! This is also Robert Burns country – you can’t miss him and his influence when exploring the area. It is also home to some lovely beaches, fantastic castles, great food, stunning drives and much more! [...]
UK unemployment rises ahead of coronavirus hit March 17, 2020 UK unemployment rose in the three months to January although Britain continued to add jobs, suggesting the labour market tightened before coronavirus began to spread through the country. Unemployment rose to 3.8 per cent, up 0.2 percentage points from the previous quarter. Yet the employment rate also rose, hitting 76.5 per cent, a joint record [...]
FTSE 100 surges after restrictions ‘not as tough’ as feared but US stocks mixed September 23, 2020 The FTSE 100 jumped as it continued to recover from Monday’s rout, while US stocks were mixed as investors weighed up the chances of fresh stimulus. London’s blue-chip index was up 1.7 per cent at 5,926 points, edging it closer to the 6,000 threshold. The FTSE 250 was up 1.05 per cent. Read more: Coronavirus: [...]
Coronavirus: The Gym Group and Hollywood Bowl latest to tap investors for cash April 17, 2020 UK businesses are racing to raise equity and shore up their finances during the coronavirus crisis, with The Gym Group and Hollywood Bowl among the latest firms to tap investors for cash. According to research by Peel Hunt, there have been 32 equity raises of at least £5m in the UK since the middle of [...]
FTSE 100 climbs despite new coronavirus rules but US stocks mixed September 22, 2020 After plunging yesterday, the FTSE 100 rose despite the UK government imposing new coronavirus restrictions, while US stocks were mixed. The UK blue-chip index was up 0.9 per cent to 5,858 points in afternoon trading. That was down significantly from its opening figure of above 6,000 yesterday, however. The FTSE 250 had risen 0.2 per [...]
Coronavirus: Hospitality firms on the brink of collapse as footfall dives March 15, 2020 Struggling hospitality firms could be nearing the brink of collapse due to a dive in footfall across London’s pubs and restaurants this weekend as punters stayed home to avoid the coronavirus outbreak. Hospitality companies are preparing to make redundancies as soon as this week, as visitors to London’s restaurants and bars fell 39 per cent [...]
Won’t somebody think of the graduates? Hard-hit young people need to go back to the office August 20, 2020 Recessions always hurt. Tragically, the one we face now looks particularly severe, its speed and scale staggering. With the furlough scheme being rolled back (its own cost to the economy astronomical), UK businesses are now having to stand in the way of an economic tsunami with little or no protection. There is no hiding from [...]