PZ Cussons washes pre-pandemic struggles away as soap sales boost profits January 26, 2021 A surge in hand washing products helped PZ Cussons shine as pandemic-led demands boosted its first-half profits. The consumer group’s focus brands grew revenue by 21.9 per cent as overall growth reached 14.6 per cent across the world. Carex led the way with £313m of sales, a 10 per cent increase on the previous year, [...]
UBS cautious on economic outlook despite 137 per cent jump in profit January 26, 2021 The world’s largest wealth manager has reported a net income of $1.71bn in the fourth-quarter of 2020, a 137 per cent leap on the previous year. The Swiss bank praised its own performance in a results statement released this morning but warned of the challenges facing the world in the economic recovery from Covid-19. All [...]
Exclusive: NHS drops ‘mass vaccination centre’ term over scare-mongering concerns January 25, 2021 The NHS has dropped the term “mass vaccination centre” to describe its large-scale vaccine hubs over fears it will alienate the public. NHS England will instead describe its 50 major vaccine hubs as “NHS vaccine centres”, City A.M. can reveal. A spokesperson for NHS England said the shift was to avoid members of the public [...]
Welcome to the Culinary Capital of the Caribbean January 25, 2021 | Sponsored The Cayman Islands is renowned for its food, be it fine dining or casual fare, such as freshly-caught fish fried on the beach. Help yourself to the decadent international wine list, or perhaps you’d like to try a Caybrew or the famous Mudslide – a take on a White Russian invented at the Wreck Bar, [...]
Fashion victims: What next for the high street after Topshop and Debenhams go online-only? January 25, 2021 Topshop and Debenhams are set to disappear from the high street after e-commerce giants Boohoo and Asos swooped on the beleaguered retailers, reflecting the dramatic impact the pandemic has had on the UK retail sector. The decision to take former high street stalwarts Debenhams and Topshop digital-only strengthens experts’ predictions that the growth of online [...]
TP ICAP loses full EU rights as pandemic disrupts move to French office January 25, 2021 British broker TP ICAP has revealed that it cannot currently serve some European Union clients because Covid-19 has delayed completion of its new Brexit hub in Paris. TP ICAP said that regulators would allow it to continue serving customers from London while it finished preparations in France after the UK’s EU departure concluded. The EU [...]
London mayoral candidate fumes after being fined for touring Southwark January 25, 2021 London mayoral candidate Brian Rose was fined in Southwark on Sunday as he was out campaigning. Police spotted a legally parked bus in Southwark on Sunday morning, quickly descending on the team and issued £200 fines. Businessman Rose was recording a socially distanced video at the time and claims to have been fined despite showing [...]
Matt Hancock: ‘Long, long way’ until England Covid lockdown is eased January 24, 2021 Health secretary Matt Hancock has warned today that there is still a “long, long, way” until England’s current Covid lockdown is eased. Hancock said today that “early evidence” indicated Covid cases were dropping thanks to the tough restrictions, while also adding that “we don’t know the answer” to how long the lockdown will last. He [...]
London mayoral election campaigns kick off despite lockdown January 22, 2021 The London mayoral election seems to kick off in earnest today as one of the underdog candidates will tour London in a Covid-secure tech bus. Mayoral candidate Brian Rose will go up against a current Mayor Sadiq Khan and travel the city in a tech-fitted bus, which includes a live-streaming TV studio. The businessman – [...]
Eurozone business activity shrinks sharply in January as lockdowns batter services January 22, 2021 Economic activity in the eurozone has plummeted in January as lockdown measures hit the bloc’s dominant service industry, a survey showed today. IHS Markit’s guide to economic health fell further below the 50 mark to 47.5 in January, a further dip from December’s 49.1. Chris Williamson, chief business economist at IHS Markit, believes a double-dip [...]