The Crime Lord: Peter Capaldi on the manosphere, London and rocking out with his band as he approaches 70
Sainsbury’s: Up to 1,400 jobs could go as overhaul leads to the closure of two depots in Manchester and Essex February 28, 2023 Sainsbury’s has revealed plans to close two Argos depots over the next three years as part an overhaul that expected to impact more than 1,400 jobs. The supermarket giant has confirmed it is aiming to shut its Argos warehouse in Basildon, Essex, and a depot in Heywood, Greater Manchester, by 2026. It said 1,400 jobs [...]
B&M to close four more stores but warns it has ‘nothing to do’ with diminishing high street February 28, 2023 B&M is closing more stores across Britain in the coming weeks, however the discount retailer has warned that it is “nothing to do with the diminishing highstreet”. The retailer, which sells home goods and electronics, will close four stores in total across the UK – having previously announced the closure of two sites. According to [...]
Dalata Hotels’ share price soars after its revenues reach new highs February 28, 2023 Dalata Hotels have seen its share price soar 6.5 per cent this morning at 367 pence after the group saw its revenues reach their highest level since formation. The Irish hotel chain, which launched in 2007, saw its revenues reach €500m (£440m) for the first time since trading in FY22 , as the group continues [...]
‘Total Coke addict’ Rishi Sunak says he’s cut down to drinking one a week February 28, 2023 Rishi Sunak insisted he has cut down to drinking one Coke a week as he visited a Coca-Cola bottling plant. The Prime Minister previously revealed he had a particular taste for Coca-Cola, describing himself as a “total Coke addict” in an interview with two school children in 2019, and that it left him with seven [...]
Ocado not for you: Three reasons why online grocer’s results may not be as bad as they seem February 28, 2023 Ocado’s crown as the online food retailer which keeps the middle classes stocked in organic essentials has been threatening to slip for a while now. As one of the companies which sits at the ‘higher-end’ of the online supermarket price point the rising cost of living, not to mention higher mortgage interest rates, was expected [...]
Real estate veteran announced as new chair of London-focused Workspace February 28, 2023 An industry veteran and former Schroders real estate chief has been unveiled as the chair of flexible office company Workspace. Stephen Hubbard will step down from his position in July after three years in post, with Duncan Owen taking the helm of the flexible working space group. Hubbard joined the real estate investment trust’s board [...]
Ocado blames ‘macro economic and political headwinds’ for a drop in sales and widening losses of £500m February 28, 2023 Online grocer Ocado has reported a 3.8 per cent fall in sales, claiming its business model has been “tested” in 2022. In its results for the full year year, Ocado posted retail revenues of £2.20bn, down from £2.28bn the previous year. The firm also posted a harrowing loss before tax of £501m for 2022 up [...]
Amazon strikes: Coventry workers say they are ready for ‘David and Goliath battle’ against employer over poor pay conditions February 28, 2023 Amazon workers have said that they are ready for a “David and Goliath battle” as they begin their second round of strikes this year over poor pay and working conditions. More than 350 workers at Amazon’s Coventry warehouse will walk out today in anger at a pay rise of 50 pence. Employees at the warehouse [...]
Manchester beats London, as capital’s hotels struggle to return to pre-pandemic occupancy levels February 27, 2023 Manchester has trumped London in hotels occupancy levels for January, as the capital struggles to return to pre-pandemic levels. According to data by STR, a division of CoStar Group, occupancy rates in London were down six per cent in January to 65.1 per cent compared to 71.1 per cent by 6.0 per cent during the [...]
Gravity bags £30m as punters pick experiences over goods February 27, 2023 Gravity, which runs trampoline parks and other active entertainment experiences, across the UK, has secured £30m in funding from investor Sculptor to help grow the business. Gravity, which has 17 sites nationwide, said the funding will help to expend the business, with the group expected to announce a pipeline of new venues in UK cities [...]