Moonpig expects sales of up to £285m as demand remains strong September 28, 2021 Moonpig has hiked its full-year sales outlook as it said demand for online cards remains strong despite coronavirus restrictions lifting. The group said it expects sales of between around £270m and £285m for the year to April 30 thanks to “strong” trading in the year so far. It had previously forecast sales of between £250m [...]
Pest control-to-cleaning giant Rentokil lifts growth targets amid booming demand September 28, 2021 Pest control-to-cleaning firm Rentokil Initial has upped its growth targets and announced plans to expand its hygiene arm amid booming demand during the pandemic. The group hiked sales and earnings goals, lifting its organic medium-term revenue growth target to between 4 per cent and 5 per cent up from 3 per cent to 4 per [...]
Exclusive: Pivotal months ahead for London’s revival as tourism top dog September 28, 2021 While coastal staycations have been in high demand during the summer months, the capital is poised to bounce back as the go-to destination of choice for many domestic tourists as the nights draw in and the temperature drops. Just 6 per cent of people would opt for a trip to London over a coastal location [...]
Barbers in Afghanistan banned from shaving or trimming beards as shariah law returns September 28, 2021 Barbershops in some parts of Afghanistan province have order no longer to shave or trim beards, as the new Taliban rulers say it is in line with Shariah, or Islamic, law. The order in Helmand province was issued on Monday by the provincial Taliban government’s vice and virtue department to barbers in Lashkar Gah, the [...]
Government to take control of all Southeastern rail services September 28, 2021 The Government announced this morning it is taking over all services of train operator Southeastern after a “serious breach” of its franchise agreement. Transport Secretary Grant Shapps said an investigation by his department identified evidence that since October 2014 the company has not declared more than £25m of historic taxpayer funding which should have been [...]
Facebook hits pause on new Instagram app for children after fierce criticism September 28, 2021 Instagram has hit pause on a new app it is creating for kids, the photo-sharing service owned by Facebook said late last night UK time. It’s a decision that comes amid growing opposition for the project. Watch the full report.
ASOS brings 180 jobs to Northern Ireland as it launches tech hub in Belfast September 28, 2021 Northern Ireland’s Economy Minister Gordon Lyons this morning announced that online fashion retailer ASOS will invest £14m in a new Tech Hub in Belfast which will create 184 new jobs over the next three years. The new Belfast hub will be operational in early 2022, with 52 dedicated roles in the first year, growing to [...]
This A.M.: Tide is turning at the Bank of England while markets await Powell remarks September 28, 2021 Having started the day in positive fashion yesterday, European markets saw the majority of the early gains slowly disappear, and though most did finish higher, it was a somewhat half-hearted affair. The result of the German election went entirely as expected, with little prospect of a new government this side of Christmas. US markets were [...]
Andrew Bailey: Interest rate rise needed to slow inflation but economy not strong enough September 28, 2021 Andrew Bailey said in a speech last night to the Society of Professional Economists that rate of recovery from the pandemic had slowed over recent months, adding: “And that slowing is continuing.” The Bank of England governor jokingly asked “when is the plague of locusts due” as he warned the economy faces “hard yards” ahead. [...]
Fuel crisis: Military drivers put on standby to deliver petrol as pressure on govt builds September 28, 2021 The government announced this morning that military drivers have been put on standby in preparation to deliver fuel in order to ease the chaos at petrol stations. Army drivers will get specialised training in preparation for their deployment while certain HGV licences will be extended to help tackle the issue, ministers announced on Monday. An [...]
