Ferrero Group in £250m bid to buy British Fox’s Biscuits September 30, 2020 Italian confectionary giant Ferrero Group is planning a £250m bid to buy British-based Fox’s Biscuits. The owner of brands such as Kinder and Nutella is working on a takeover deal with advisers, according to Sky News. Demand for biscuits has risen since the coronavirus lockdown, halting a downward trend as consumers opt for healthier snacking [...]
UK housing market continues strong recovery as prices surge September 30, 2020 UK house prices rose by five per cent in September compared with a year previous according to the latest data from Nationwide. The building society said the annual rate of growth was at its highest in four years as the post-lockdown recovery continued. Its lending data revealed that there had been a 0.9 per cent [...]
London Marathon to use cutting-edge technology to enforce social distancing September 30, 2020 The London Marathon is set to take place this Sunday and the participating athletes and event organisers will be able to socially distance thanks to new, wearable technology. All 100 elite athletes across the men’s, women’s and wheelchair races, as well as 500 of the event’s organisers, will wear Bump devices to alert them when [...]
B&M raises profit forecast as sales soar during lockdown September 29, 2020 Discount chain B&M has bucked the trend of struggling retailers after posting revenue growth of 25.3 per cent for the first half of its financial year and raising its profit forecast. The group saw sales jump between 29 March and 26 September as the coronavirus lockdown hit, citing its “well-attuned business model to the evolving [...]
Carlos Ghosn launches executive training programme in native Lebanon September 29, 2020 Former Nissan and Renault boss Carlos Ghosn is set to launch a management and business programme at a Lebanon university nine months after fleeing to his childhood home from Japan where he faced trial. Ghosn escaped to Beirut after being charged with financial wrongdoing by Japanese prosecutors but denies the allegations. He has now revealed [...]
Covid-19: Protesters clash with police at anti-restrictions rally in London September 26, 2020 The Metropolitan Police and protestors have clashed at a rally against coronavirus restrictions in Trafalgar Square after officers attempted to disperse the crowd for “not complying” with social distancing. Thousands of people attended the “We Do Not Consent” protest in the centre of London and did not social distance or wear masks as they protested [...]
SAGE expert warns of 100 Covid-19 deaths a day within four weeks September 26, 2020 The daily death toll in the UK caused by Covid-19 will rise to around 100 per day within four weeks, according to a member of the government’s scientific advisory board, SAGE. Professor Graham Medley said little can be done to prevent the daily deaths rising from the current 34 per day to 100 due to [...]
Royal London in talks with LV= over £500m tie-up September 26, 2020 Royal London is in negotiations with fellow financial services provider LV= regarding a tie-up and could reach an agreement within days. A deal would see the groups merge their pensions, life insurance and asset managements businesses, according to Sky News. The transaction would end LV=’s 177-year status as an independent business and create a “mutual [...]
Andrew Neil to leave BBC and lead new UK TV news channel September 26, 2020 Andrew Neil is set to leave the BBC and lead a rival news channel backed by US group Discovery. GB News plans to launch in early 2021 with Neil as its chair and top presenter. The channel is aiming to bring a talk-radio style to the UK “underserved and unheard by their media” and upend [...]
Coronavirus: UK reports 6,874 new cases as Covid-19 R number rises again September 25, 2020 There were 6,874 new cases of Covid-19 confirmed in the UK on Friday after the coronavirus R number was also confirmed to be on the rise. The number of confirmed infections increased by 240 compared with Thursday. The number of deaths among those who had tested positive for Covid-19 within 28 days was 34. Today’s [...]