Pinterest to ban all weight loss adverts from platform July 1, 2021 Pinterest will ban all ads with weight loss language and imagery, including ads that idealise or criticise certain body types. The digital pinboard site said it would also not allow ads with testimonials about weight loss or weight loss products, or ads referencing Body Mass Index (BMI) or similar indexes. “This stance makes Pinterest the [...]
‘Busiest six months in 57 years’: Stamp duty holiday causes pandemonium in property sector July 1, 2021 The last week has seen chaos for buyers trying to beat the stamp duty holiday deadline, and long hours and stress for all other parties involved in the process. This week homebuyers were in a race against time to beat the deadline on the most generous stamp duty holiday, which ended at midnight last night. [...]
H&M to cut 250 stores this year as customers head online July 1, 2021 H&M plans to shut 250 stores globally this year as part of its strategy to recover from the Covid-19 pandemic, which saw many of its shops shut for months at a time. The fashion retailer said the closure of the shops was in response to more customers shopping online, but declined to say how many [...]
Boots owner Walgreens rises earnings forecast as US vaccine rollout boosts revenue July 1, 2021 Walgreens Boots Alliance, the owner of pharmacy chain Boots, has raised its 2021 earnings growth forecast after higher pharmacy sales and Covid-19 vaccine rollouts in the United States helped it beat third-quarter revenue expectations. Walgreens had been relying on gains from administering Covid-19 vaccines to tide over losses from low prescription volumes and a weak flu season [...]
Exclusive: Sadiq Khan ‘miles behind’ council housing target with just 1,600 completed since 2018 July 1, 2021 London Mayor Sadiq Khan is lagging behind on his 2018 promise to build more council houses in the capital, and has very little time left to meet his target. Numbers from City Hall showed just 1,632 council homes in London have been built since 2018, despite Khan promising to build more than 11,154 by 2022. [...]
Exxon Mobil lobbyist admits to denying climate science in lobbying efforts July 1, 2021 A senior Exxon Mobil lobbyist has been captured on camera revealing how the oil giant is using its power and influence to water down US climate legislation. The footage was obtained by Greenpeace UK’s investigators, who posed as head-hunters to obtain the information from one of Exxon Mobil’s most senior Washington lobbyists. Exxon Mobil has [...]
Ronaldo scores top spot on Instagram rich list June 30, 2021 Cristiano Ronaldo has soared to the top of Instagram’s annual rich list, crowning him king among celebrities who can charge the most money for a sponsored post on the social media platform. The footballer can reportedly now charge as much as £1.2m to endorse a product on social media and post to his 307 million [...]
EU nationals leaving the UK is driving worker shortage, says Homeserve CEO June 30, 2021 There is a shortage of skilled workers because of EU workers leaving the UK, the boss of home repair company Homeserve said today. As well as in construction, staff shortages have been seen hospitality, HGV driving and in meat processing as a combination of Brexit and Covid-19 has prompted EU migrants to leave the UK. [...]
UK to EU exports rise to near pre-Brexit levels as trade deficit drops June 30, 2021 After a catastrophic start to the year, UK exports to the EU have risen to near 2019 levels, before the UK exited the European Union. In April 2021, EU exports were down around two per cent from the same time two years ago, according to ONS stats, marking a considerably better performance than in January, [...]
Civitas Social Housing raises target dividend following portfolio growth June 30, 2021 Civitas Social Housing has raised its target dividend by nearly three per cent after the real estate investment trust (REIT) performed well in the last year despite Covid-19. The REIT has raised its target dividend to 5.55 pence per share for 31 March 2022, up from 5.4 pence per share in the 2021 financial year. [...]