Central London footfall surges in Wild Wednesday shopping spree December 2, 2020 Footfall levels in central London surged today as shoppers and office workers returned to the capital after England’s second coronavirus lockdown came to an end. Central London reported a 91.1 per cent jump in visitors by 5pm, compared with the same day last week as the city entered Tier 2 coronavirus restrictions. Footfall remains down [...]
Ocado sounds alarm on product availability as supermarket shelves stand empty January 11, 2021 Ocado has warned that the availability of some products is being impacted by coronavirus-related staff absences in its supply chain. With more staff off sick or forced to isolate some grocery suppliers are having to consolidate their lines. “Staff absences across the supply chain may lead to an increase in product substitutions for a small [...]
Mid-market firms optimistic about Brexit impact despite talks dragging December 17, 2020 Despite the increasing possibility of a no-deal Brexit, 38 per cent of UK mid-market business predict that Brexit would have a positive impact on their business.
Before the Bell: Flash PMIs and Federal Reserve in focus December 16, 2020 The pound had a pretty good day yesterday as optimism grows that a UK/EU deal on trade could well be within reach after some positive comments from Irish PM Micheal Martin. “While we’ve been here many times before, the prospect of an imminent deadline can help concentrate minds, and despite some push back over fear [...]
UK inflation doubles in a month as transport prices rise January 20, 2021 UK inflation doubled in December as prices rose during the festive period, the Office for National Statistics has announced. Prices in the run-up to Christmas were up 0.6 percent compared to a year earlier and rose from 0.3 per cent in November. Higher prices for transport, recreation and culture were flagged by statisticians, despite food [...]
British lorry drivers now need negative Covid test to enter Denmark and Netherlands January 19, 2021 Hauliers will now need to provide a negative coronavirus test before entering Denmark and the Netherlands, the government has announced. All drivers of heavy goods vehicles (HGVs) have been told they will be eligible for free Covid tests at specialist sites across the country. However, just four out of 35 of the sites will run [...]
PwC partners take 10 per cent cut as profits suffer December 17, 2020 Partners at PwC have suffered a 10 per cent cut to their earnings as the impact of the coronavirus hit the Big Four firm’s profits. Profits at the audit giant fell by 8 per cent to £938m in the firm’s latest financial year, as Covid-19 impacted on the business from March, with distributable profit per [...]
All eyes on PMQs as Boris Johnson’s premiership is ‘hanging by a thread’ January 12, 2022 Boris Johnson’s premiership is hanging by a thread today, as angry Tory MPs and outraged Brits await Prime Minister’s Questions to see whether he will come clean over a party during lockdown. Reports that Johnson and his then fiancé Carrie Symonds attended a “bring your own booze” party in the No 10 garden during lockdown [...]
E-scooter firm Pure Electric to open stores in Paris and Madrid in European expansion December 10, 2020 E-scooter firm Pure Electric is set to open new stores in Paris and Madrid as part of a 20-store expansion into Europe next year. Despite Brexit uncertainty, the Glastonbury-based business will embark on a rapid scaling up in 2021 which will see it more than double its current number of stores. The first of these [...]
What Nutshell’s Mohammad Paknejad has learned from Covid October 31, 2020 Who are you and what do you do? I am Mohammad Paknejad, director of Nutshell, a modern Iranian Restaurant in Covent Garden. My wife, Marwa Alkhalaf and I have been operating the restaurant since we opened last July. How are things? The last six months have changed a lot at Nutshell. It’s our first restaurant, [...]