Footfall shrinks despite summer sun thanks to post-Bank Holiday blues June 14, 2021 Despite the UK being blessed with summer sun, footfall across all UK retail destinations last week was 18.4 per cent below 2019 levels. Meanwhile, Greater London has been hit by a 19 per cent drop in football, in comparison to highstreets the year before the pandemic, according to retail traffic counter Springboard. But in comparison [...]
RAC: UK roads set for a busy summer as drivers eye domestic holidays June 14, 2021 Over four-in-10 drivers have already booked up their UK-based holiday this summer, according to a survey by RAC. Breakdown and car insurer RAC found that domestic holidays could be even more popular if Covid-19 restrictions prevent foreign travel. The survey, which polled 2,100 drivers, saw 13 per cent say they hoped to hop on an [...]
Londoners most likely to work from home as uptake increases, ONS says June 14, 2021 Londoners are the most likely to work from home, the Office of National Statistics said this morning, as the proportion of the UK’s workforce opting for remote working swells. Workers who did any work from home in 2020 increased to 37 per cent on average from 27 per cent in 2019, according to the ONS’s [...]
Ted Baker turnaround slows, swallowing £278m revenue loss and sales dive June 14, 2021 Covid-19 restrictions curbed customer footfall and bag sizes, which has sent ripples through fashion brand Ted Baker over the last year as it invested in pandemic turnaround measures. The brand swallowed a revenue loss of £278.5m in the year to 30 January, down 44 per cent as it bagged £352m in total. Ted Baker also [...]
Mortgages grow pricier than London rents for first time in four years June 14, 2021 With London rents diving amid a pandemic-induced city exodus, it is now cheaper to rent in the capital than own a home for the first time in four years. According to analysis by real estate agent Hamptons, city dwellers’ in rental accommodation are £251 better off following monthly payments than homeowners dishing out their mortgage repayments. [...]
CBI boss warns world’s path is ‘way off track’ in tackling climate change June 14, 2021 The boss of the UK’s biggest business lobby group has urged today that the world is “way off track” in tackling climate change. With “no room for failure”, the Confederation of British Industry (CBI) director-general Tony Danker has outlined key corporate areas for change. Danker, who called for the government to strengthen its 10-point plan, [...]
CMI study: Covid jabs and flexible working divide could fuel staff exodus June 14, 2021 Covid-19 jabs could fuel a mass exodus from the workplace, a Chartered Management Institute (CMI) study has warned, as a divide between the unvaccinated and the vaccinated emerges. As the UK’s planned ‘Freedom Day’ on 21 June becomes less likely with reports, a poll conducted by the CMI found that 24 per cent of managers [...]
Will rapid delivery apps maintain post-pandemic momentum? June 12, 2021 Since the pandemic began, a slurry of quick delivery apps have emerged with the same promise to deliver food within 30 minutes, while the pandemic made supermarkets an even more costly chore. The pandemic pushed the pedal on rapid delivery apps like Weezy, Dija, Getir and Gorillas – a sector where a huge amount of [...]
Queen’s birthday honours local leaders who stepped up amid the pandemic June 11, 2021 In light of the Queen’s birthday and the global crisis that has bound communities together, 23 per cent of the monarch’s honours list are those who emerged as local leaders in the fight against Covid-19. Some local leaders reshaped their businesses to aid their communities while others put them on the back burner altogether. “Throughout [...]
London Ambulance Service lead’s admit it has ‘a long way to go’ on discrimination June 11, 2021 The London Ambulance Service has “a long way to go” to make sure its black and ethnic minority staff are not discriminated against, LAS leaders said today. LAS chairman Heather Lawrence said the organisation, where nearly one in five staff are from minority communities, is “not delivering” on fair treatment. Lawrence’s comments follow a workforce survey [...]
