Halfords warns of profit fall despite cycling boom September 8, 2020 Halfords today said booming demand for cycling products had boosted revenue during the coronavirus outbreak but warned of a fall in profit for the second half of the year. The car parts retailer reported a five per cent rise in like-for-like revenue in the 20-weeks to 21 August. This was driven by a sharp rise [...]
Earthquake measuring 3.3 magnitude felt in southern England September 8, 2020 A small earthquake hit south-east England this morning, the British Geological Survey has confirmed. Reports suggest a 3.3 magnitude earthquake at a depth of 10km occurred in Leighton Buzzard, Bedfordshire around 8.45am. “We are getting reports of an earthquake in the Bedfordshire area,” the British Geological Survey wrote in a tweet. “We are currently investigating this event [...]
Manufacturers warn of ‘second wave’ of job cuts without furlough extension September 7, 2020 A leading manufacturers’ organisation has issued a rallying cry urging the government to extend the furlough scheme beyond October, warning a failure to do so risks leaving the UK “in the slow lane behind major competitors”. Make UK issued its appeal after more than 62 per cent of companies backed an extension to the scheme, [...]
UK-Canada trade deal back in focus as talks restart September 7, 2020 Hopes of securing a post-Brexit free trade deal with Canada were given a boost today after trade secretary Liz Truss announced the UK had kickstarted discussions. “Trade talks with Canada have commenced,” Truss wrote in a tweet. “The aim is to provide continuity for businesses by the end of the transition period. “Both the UK [...]