Travel sector pleads for government support to stave off sweeping job cuts September 2, 2020 Leading figures from across the UK travel industry have come together in an urgent plea for government support to help stave off hundreds of thousands of potential job cuts. In an open letter to chancellor Rishi Sunak and transport secretary Grant Shapps, which has now been signed by over 10,000 people, the “Save Travel” campaign [...]
Computacenter shares at a record after tech retailer rides working-from-home wave September 2, 2020 Shares in office technology retailer Computacenter surged more than 14 per cent today after a bullish statement on its most-recent trading. The rise in Computacenter shares, up 14.88 per cent to 2,316p per share, followed a surprise trading update which cemented the retailer as one of the few winners from lockdown. Even better for Computacenter [...]
Eat Out to Help Out: Diner numbers soar on bumper Bank Holiday Monday September 2, 2020 The number of consumers dining out soared on Bank Holiday Monday as Brits rushed to make the most of the last day of the Eat Out to Help Out discount scheme. Figures showed that the number of seated diners in the UK was up 216.3 per cent on 31 August compared to the same day [...]
Lego sales surge as housebound families play during lockdown September 2, 2020 Lego sales surged in the first half of the year as housebound families spent more time playing games during coronavirus lockdowns. Sales were up 14 per cent in the first six months of 2020 compared to the same period last year due to a jump in demand as more people stayed at home during the [...]
Camden Market teams up with Curzon to launch new pop-up cinema September 2, 2020 Camden Market will host a pop-up cinema in its North Yard to help entice visitors back to the historic market. Labtech, owner of Camden Market, has signed a deal with for a pop-up cinema that will premiere on 16 September. The pop-up cinema has room for 150 viewers and will operate seven days a week until [...]
Ray Kelvin returns to Ted Baker after ‘forced hugging’ scandal September 2, 2020 Ray Kelvin has returned to Ted Baker roughly 18 months after a “forced hugging” scandal caused the fashion guru to step down from the company he founded. In a surprise announcement issued last night Ted Baker said it had signed a “relationship agreement” with Kelvin and had nominated a non-executive director to represent him on [...]
Domino’s appoints permanent finance chief as boardroom shake-up goes on September 2, 2020 Neil Smith has been made the permanent finance chief of takeaway chain Domino’s as the pizza house bolstered its board with a number of new appointments. Smith, who has served as the interim chief financial officer since joining in April, replaces David Bauernfeind, who died in a snorkelling accident last year. Prior to joining the [...]
Spending in UK restaurants jumped 34 per cent on Eat Out to Help Out days September 2, 2020 Spending in UK restaurants and fast food outlets was up 34.2 per cent on Mondays, Tuesdays and Wednesdays in August, compared to the same days in July during the government Eat Out to Help Out scheme. Wednesdays experienced the biggest increase during Eat Out to Help Out, as spending grew 39.7 per cent month-on-month, according [...]
Unilever to remove all fossil fuels from cleaning products by 2030 September 2, 2020 Consumer goods giant Unilever has today announced that it will remove all fossil fuels from its cleaning products by 2030 as part of a €1bn global investment programme. The Anglo-Dutch firm, which has seen demand for its products jump in recent months due to heightened health concerns brought on by the coronavirus pandemic, said it [...]
The Gym Group swings to loss following coronavirus closures September 2, 2020 The Gym Group today posted a hefty loss for the first half of the year after the budget gym chain was forced to close all its branches due to the coronavirus outbreak. The figures The Gym Group posted revenue of £37.3m for the first six months of the year, down almost 50 per cent on [...]