Moneysupermarket’s profit drops as coronavirus hits core markets July 28, 2020 Moneysupermarket reported a drop in interim profit and revenue as its core markets took a hit from the pandemic. The price comparison site said the “exceptional market conditions” had led to its drop in revenue with a “mixed outcome” across its verticals The figures Revenue grew two per cent in the first quarter but the [...]
UK retail sales’ sluggish new year start as cash-strapped Brits go online to nab deals February 17, 2023 UK retail sales remained muted in January following December’s fall, with fuel sales spiking and prices continuing to plummet. The Office for National Statistics (ONS) released the figures which showed retail sales volumes increased by just half a per cent last month. This comes after it dipped by 1.2 per cent in December, despite the [...]
Welcome (back) to Ibiza, as the Balearic prepares for its biggest summer yet June 7, 2022 The pandemic hit every tourism-focused economy hard, but few places felt the effects of Covid more starkly than Ibiza, an island that specialises in squeezing lots of hot and sweaty people into enclosed spaces. Two years of closures and uncertainty took their toll – almost half of the island’s GDP comes from tourism and visitor [...]
Ongoing Covid booster drive to eat into health and social care levy funds December 12, 2021 An ongoing booster vaccination programme to deal with recurring coronavirus pressures will eat into funds yielded from the new health and social care levy earmarked for the NHS. The government could be forced to use some of the money produced from the 1.25 per cent levy on a permanent booster campaign, with the total bill [...]
Safe for now: Uber weathers labour and cost of living crunch but faces a rocky road ahead May 4, 2022 Uber seems to weather the wrath of labour and cost of living uncertainties, with quarterly revenue shooting up 136 per cent to $6.9bn.
An online sales tax would be a small hassle for Amazon, but a hard blow for our shops June 21, 2022 The Treasury is considering whether to introduce an online sales tax (OST) as a “means to rebalance the taxation of the retail sector between online and in-store retail”. A decision is expected in autumn – probably as part of the Chancellor’s Budget. If the government has any sense, it will run a mile from taking [...]
Furlough fraud exposes the shortcomings of doling out endless amounts of cash January 20, 2022 Outrage has erupted over the news that £5.8bn has been “criminally siphoned off” the emergency Covid-19 schemes that propped up millions of workers and paid for us to eat on the cheap. The very same folk who complained ministers weren’t acting fast enough to provide support, rejecting warnings that furlough was excessively generous, are now [...]
Uber Eats orders skyrocket 160 per cent in lockdown June 29, 2020 Orders on Uber Eats have jumped significantly since lockdown began, rising by over 160 per cent as the UK turned to food delivery apps to replace the high street. The number of new restaurants on Uber Eats’ UK platform has almost doubled in the last four months to a total of 17,000, as smaller independent [...]
Triple threat: Train like a world-class triathlete for the new London T100 May 21, 2024 Inside the mind of one of the world’s top-ranking triathletes, Emma Pallant-Browne, ahead of the Professional Triathletes Organisation’s new London T100 Triathlon.
D&D boss David Loewi: Labour will be great for hospitality July 17, 2024 He’s the CEO of one of the UK’s biggest restaurant groups. We talk to David Loewi about new owners and parting ways