Quarter of a million pub jobs at risk as curfew stifles hospitality recovery October 2, 2020 A major new study predicts that almost 300,000 jobs will be lost in pubs, bars and breweries unless the government changes its strategy for the hospitality sector. The study, conducted by Oxford Economics for the British Beer and Pub Association, suggests that almost a third of existing jobs in the sector will go as a [...]
Coronavirus: US President Donald Trump and wife Melania self-isolating after testing positive for Covid-19 October 2, 2020 The US President Donald Trump and his wife Melania have tested positive for Coronavirus
Playboy set for Wall Street listing as iconic publisher looks to float October 1, 2020 The company, founded by Hugh Hefner in 1953 and forever synonymous with nude female centrefolds, said today it will merge with SPAC Mountain Crest Acquisition in a deal that values Playboy at $415m (£323m). Hugh Hefner’s company has in recent years moved into selling clothes, consumer accessories, gaming and promoting “sexual wellness”. It stopped printing [...]
Shell to cut close to 9,000 jobs in transition plan September 30, 2020 Shell is cutting 9,000 jobs as it shifts away from oil production
Greggs aims to open new sites despite Coronavirus taking a bite out of sales, as staffing cuts loom September 29, 2020 Job cuts are a likely addition to the mennu at high street bakery chain Greggs as the vegan sausage roll maker's sales slump
Cardiff and Swansea heading into lockdown from 6pm tomorrow as Wales battles Covid-19 case resurgence September 25, 2020 The residents of Welsh cities of Cardiff and Swansea face tougher restrictions with a lockdown coming this weekend. The lockdown in Wales means people will not be able to leave the area or mix with other households in an indoor setting. The Welsh government announced local lockdown restrictions would be brought in for the capital Cardiff and [...]
South West Water owner sees shares rise as investors soak up positive update September 25, 2020 Share in South West Water owner Pennon Group rose this morning after it confirmed trading was in line with expectations.
New wage subsidy scheme does not go far enough, warns hospitality industry September 24, 2020 The embattled UK hospitality sector has given chancellor Rishi Sunak’s latest job retention scheme a lukewarm reception, saying the new wage subsidy does not go far enough. UK Hospitality, a lobby group representing British pubs, clubs, restaurants and bars, said it wanted industry-specific help. Boss Kate Nicholls said she wanted the government to pick up [...]
Cycling debutants in London more-than-double as the capital’s commuters switch to two wheels September 24, 2020 If you thought the city’s cycling lanes were busier with newbies over the past few months, you’re not alone. New data out today by Strava Metro showed the number of people newly taking up cycling in the capital peaked in May, with 119 per cent year-on-year growth. By June, the total number of cycling trips [...]
AA mulls all-cash offer from former rivals Towerbrook and Warburg Pincus September 24, 2020 The AA is today in talks about a possible all-cash offer from a consortium made up of private equity firms Towerbrook Capital Partners and Warburg Pincus. Shares are up three per cent on the news. The roadside recovery service also confirmed talks with Centerbridge Partners Europe and Platinum Equity Advisors had broken down, as was mooted [...]
