Everyman cinemas secures rent cuts as lockdown hits January 14, 2021 Cinema group Everyman Media today said it has secured further rent concessions from landlords as it battles closures during the latest national lockdown. The upmarket chain, which operates 35 venues across the UK, said it had also focused on reducing capital expenditure and operating costs. “We remain optimistic for the coming year post-lockdown and continue [...]
AA shareholders approve £218m takeover by private equity firms January 14, 2021 The AA shareholders today approved the takeover deal
Paparazzi Dogs: Pack of papping pups pimp up Royal Exchange January 14, 2021 Visitors to the Royal Exchange may be hounded by some unusual guests following the installation of a pack of popular pooches. To kick off a year of celebrations marking the Royal Exchange’s 450th anniversary, the iconic City landmark will play host to the Paparazzi Dogs, a series of sculptures by contemporary artists Gillie and Marc. [...]
Middle-aged Brits look ahead to post-Covid holidays after over-50s get vaccine, says Tui January 14, 2021 FTSE-listed travel giant Tui said it has seen a jump in holiday bookings from those aged over 50 in the UK, which it hasn't seen since the Covid-19 pandemic struck
Virgin Atlantic part-owner Delta posts $12bn loss for 2020 — and is still burning $12m in cash a day January 14, 2021 Delta Airlines, which owns a 49 per cent stake in Virgin Atlantic, has posted an eye-watering $12bn (£8.77bn) loss for 2020.
New BBC chair Richard Sharp hints at licence fee reform January 14, 2021 The incoming chair of the BBC has hinted at a possible overhaul of the licence fee funding model as he vowed to shake up the culture of the public service broadcaster. Appearing in front of MPs today, Richard Sharp said he believed the licence fee was the “least worst” option and insisted it was fit [...]
Norwegian Air scraps long-haul flights, ditches Gatwick base and cuts 2,000 staff in bid for survival January 14, 2021 Norwegian Air scraps long-haul flights, ditches Gatwick base and cuts 2,000 staff
Tory backbenchers warn Boris Johnson to drop lockdown soon or face leadership challenge January 14, 2021 Boris Johnson has been warned by lockdown-sceptic Tory backbenchers that he will face a leadership challenge if he does not “set out a clear plan for when our full freedoms will be restored”. Former Brexit minister Steve Baker said to a group of Tory backbenchers that “it’s inevitable the Prime Minister’s leadership will be on [...]
Stardust review – Bowie movie is a real oddity January 14, 2021 It’s five years since David Bowie passed away, leaving behind fifty-year legacy of creativity and inspiration. A movie biopic has been the dream of many a filmmaker since before Bowie died, with Danny Boyle recently attempting to make a musical. Bowie refused to allow the director to use the rights to his songs, scuppering the [...]
More gloom on the horizon for UK high street, think tank warns January 14, 2021 There is more gloom on the horizon for the beleaguered UK high street in the first half of this year as lockdown restrictions weaken consumer confidence, according to the latest research. The KPMG Ipsos Retail Think Tank forecast that retail health will fall by two points in the first three months of the year, as [...]