Morgan Sindall revenue substantially ahead of pre-pandemic levels August 4, 2021 Construction group Morgan Sindall has reported it is trading substantially ahead of pre-pandemic levels. In a half-year trading update, the group said revenue was up 10 per cent and adjusted profit before tax up 46 per cent on the same period in 2019. Revenue for the six months to 30 June 2021 rose 14 per [...]
Irn-Bru maker facing ‘increased challenges’ with lorry driver shortages August 3, 2021 AG Barr has said it faces “increased challenges” with its haulage fleet while expecting to report a revenue of some £134m for the first half of the financial year. Bosses have warned August will be a pinch point for the shortage of qualified HGV drivers, which was exacerbated by Brexit and the pandemic, as supermarkets [...]
Covid app update ‘pretty pathetic’, says boss of Mr Fogg’s amid pingdemic staff shortages August 3, 2021 A modification to the NHS Covid 19 app has been dubbed “pretty pathetic” by one of the co-founders of Inception Group, who said isolation alerts had “changed the playing field” for London hospitality. Fewer Covid contacts are to be notified to self-isolate with individuals now notified if they have been in contact with someone in [...]
PepsiCo to sell Tropicana and Naked juice brands for $3.3bn August 3, 2021 PepsiCo has announced it will sell a controlling stake in its Tropicana and Naked juice brands to private equity firm PAI Partners for $3.3bn. PepsiCo will retain a 39 per cent non-controlling interest in a newly formed joint venture while French firm PAI PAI will be the majority shareholder of the transferred business. PepsiCo will [...]
Online shoppers help Joules return to profit with £122m e-commerce sales August 3, 2021 Joules has returned to profit after online sales contributed to full-year revenues climbing to almost £200m. The fashion and homeware retailer reported group revenue increased by 4.3 per cent to 199.million despite lockdowns forcing stores to shut for periods and cancellations of the brand’s country shows. Online sales were up by 48 per cent to [...]
London businesses optimistic about tourism recovery after travel rule changes August 2, 2021 Hospitality bosses in the capital have welcomed a change in international travel rules as London looks to restore its tourism economy. Those fully vaccinated in the US or European Union no longer have to isolate on arrival in the UK from an amber list country, as of changes brought in this morning. Travellers are still [...]
Fewer close contacts of coronavirus sufferers to be pinged as NHS Covid app changed August 2, 2021 Fewer close contacts of Covid cases will be told to self-isolate after an update to the NHS app today. The NHS Covid 19 app’s ‘logic’ will be updated today (2 August) in a bid to encourage the public to continue using the app, the Department of Health has announced. Individuals will be notified if they [...]
Over 75% of nightlife businesses hit by isolating staff August 2, 2021 More than three quarters of nightlife businesses have been hit by staff being instructed to self-isolate, according to industry research. A Night Time Industries Association (NTIA) survey of more than 200 businesses found that 78% of bosses were struggling with staff off work in the seven days following 19 July, when lockdown restrictions ended. Masses [...]