Where in the West End and City of London office leasing market rebounding most? May 20, 2021 Where is the West End and City of London office leasing market rebounding most?
UK companies to help plot ‘constellation’ of satellites around the Moon May 20, 2021 UK space companies have begun developing navigation and telecommunication capabilities to put a ‘constellation’ of satellites around the Moon, according to the European Space Agency (ESA) today. With funding from the UK Space Agency, Surrey Satellite Technology Limited (SSTL), Inmarsat and MDA Space and Robotics have bagged £2m contracts with the ESA for the satellite [...]
Wincanton supply chains to be net zero by 2040, as profits slip May 20, 2021 Supply chain partner Wincanton is set to be net-zero by 2040, the group said today, but has been knocked slightly by a slip in profitability. With environment, social and governance (ESG) factors climbing increasingly higher on the investor agenda, the group’s shares were up 3.95 per cent to 447p per share this afternoon. The group [...]
Marshall Motor to repay £4m in pandemic relief, despite restrictions closing its doors May 20, 2021 Car dealer Marshall Motor is already set to repay furlough cash and retail grants it received this year amid the pandemic, following strong vehicle demand. The business said it would refund the £2.6m of furlough payments received so far this year, alongside the £1.4m of extra government relief, according to the Telegraph. “After such significant [...]
Euromoney Institutional Investor restores dividends as revenue dips May 20, 2021 B2B information provider Euromoney Institutional Investor saw subscriptions grow this year but took a hit to both its revenue and profits as social distancing foiled events. Revenue fell by 17 per cent to £155.5m from £186.3m last year, due to social distancing measures fumbling physical event plans, in the six months to 31 March. “The [...]
City of London Police, in partnership with the City Security Council, launch first “Hi! Visibility” Day May 20, 2021 | City Talk City of London Police officers and security professionals based within the Square Mile will today (20 May) join forces to remind members of the public that security remains a priority, as lockdown restrictions ease. They will also be providing reassurance that while The City may have been quieter than usual during the pandemic, officers and [...]
Snooze you lose: London sleep tech firm Simba sees sales s-leap 295 per cent May 20, 2021 London-based sleep technology company Simba has not slept on sales this year as it posted a 295 per cent leap, in its highest-ever first-quarter sales and profits. The record year-on-year UK sales jump suggests consumers have invested heavily in their sleep after a tough 12 months while online shopping has seen a surge in interest. [...]
Lockdown DIY: B&Q owner Kingfisher nails sturdy sales May 20, 2021 Kingfisher, which owns B&Q and Screwfix, has reported sturdy sales of £3.4bn this morning as lockdown measures pushed people to get creative with DIY and home renovations. Total sales soared 61.9 per cent in the group’s first-quarter results to 30 April today, which reflected the DIY fever that caught many during the last lockdown. Shares [...]
Mixer company Fever-Tree enjoys sales bump as lockdown drinks continue May 20, 2021 Beverage company Fever-Tree has seen a 10.1 per cent year-on-year sales bump as people continue to indulge in more alcoholic drinks throughout lockdown measures. Fever-Tree, which sells carbonated mixers, enjoyed a sales boost in the first four months of the year ending 18 April, thanks to strong levels of ‘at-home consumption’, the group said. Demand [...]
Vodafone: Pandemic-induced remote working hit women hardest May 20, 2021 Nearly half of all women who leave the workplace for over a year suffer from a loss of confidence, according to a new report today, which urged employers to further support employees as they flock to offices once again. As Covid restrictions are being eased, the study published today by Vodafone, found that women can [...]