DCMS fear rugby future as £30m in taxpayer loans expected to be written off December 18, 2024 The government could be forced to write off nearly £30m of taxpayers’ money loaned to sports bodies, clubs and the arts during the Covid-19 pandemic. The figures, revealed today by the National Audit Office, provide a stark update on the £474m aid package provided by the Department of Culture, Media and Sport. Rugby union was [...]
The Notebook: The consequences of spending, spending, spending November 11, 2024 Staggering government spending has become the norm since the pandemic, but the consequences are coming, writes Kokou Agbo Bloua.
Schuh has created over 1,000 jobs since lowest pandemic ebb November 4, 2024 Schuh has created almost 400 jobs in its latest financial year to push its headcount past where it was before the Covid-19 pandemic struck. The Scotland-headquartered footwear retailer employed 4,369 people at the end of its latest financial year, up from its total of 3,975 in the prior 12 months. Until the end of its [...]
Bored of mini golf and axe-throwing? Try the plague October 1, 2024 Bored of mini golf? Try the plague, writes Phoebe Arslanagić-Little, as she discovers the world of 'human challenge trials'.
Zuckerberg regrets bowing to White House pressure during Covid-19 August 27, 2024 Meta boss Mark Zuckerberg has said he regrets bowing to the White House over content which it censored during the Covid-19 pandemic.
Hostelworld: Travel agency starts to pay off pandemic debt after record bookings in Asia August 8, 2024 Backpacking Brits looking for cheap stays in Asia and Central America helped online travel agency Hostelworld achieve a record performance in the first half of its financial year. The Irish company, which is listed in London, reported record bookings in Asia and Central America in the six months to June 30. Net booking rose by [...]
UK economy’s recovery from pandemic stronger than first thought August 7, 2024 The UK economy recovered from the pandemic faster than had previously been thought, new revisions from the Office for National Statistics (ONS) show. In the latest set of Blue Book revisions, the ONS upgraded their estimate for GDP growth in 2022 from 4.3 per cent to 4.8 per cent. This upgrade was a “little larger” [...]
Sharps Bedrooms: Showrooms axed as Covid-19 shopping boom well and truly over June 14, 2024 The company behind fitted furniture retailer Sharps Bedrooms has axed more showrooms as it struggles to keep up with rising wages amid its second loss-making year in a row.
Profit rises at Castings as firm benefits from lagged Covid impacts June 12, 2024 Current levels of demand at Castings are expected to continue in the short-term, with the potential for a slight increase in the autumn.
Hybrid work specialist IWG reports record year but stays ‘cautious’ March 5, 2024 As millions of workers around the world adjust to the post-pandemic working environment, the group said it had doubled the number of locations opened during the year