Bank holiday: Pubs predict 21m fewer pints sold and £80m in lost sales May 28, 2021 Bank holiday: Pubs predict 21m fewer pints sold and £80m in lost revenue
TfL pledges to make London world’s ‘most walkable city’, which could aid SMEs May 27, 2021 TfL has pledged today to make London the world’s ‘most walkable city’ and will programme 18 pedestrian crossings to show green walking signal until traffic approaches. The programmed crossings are set to prioritise people walking and will be installed by the end of next month. Six crossings have already been programmed in Tower Hamlets, Newham, Hounslow, [...]
Crowds flood London’s Chinatown for no-questions-asked Covid vaccines May 27, 2021 People flooded the streets of Chinatown this afternoon after an online message board for Chinese speakers advertised free Covid-19 jabs, where people did not need to present any documents. The jabs were not bookable by appointment, instead, people were urged to turn up – without anticipating the scale of the crowds. Those seeking a vaccination [...]
Hong Kong HSBC and Citibank bankers threatened with prison if they deal with billionaire Jimmy Lai’s accounts May 27, 2021 Hong Kong HSBC and Citibank branches have been sent letters by the city’s security chief over billionaire media tycoon Jimmy Lai’s accounts – threatening up to seven years in prison, according to Reuters. The media moguls’ assets, including his stake in publisher Next Digital and local bank accounts, have come under fire in recent weeks [...]
Gama Aviation suffers $14.7m loss but focuses on emergency service flights May 27, 2021 British aviation company Gama Aviation, like most airline businesses, suffered a gruelling financial year after the Covid-19 pandemic grounded flights across the globe. Gama reported a statutory loss of $14.7m this morning, down from a loss of $11.5m in 2019, in the year to 31 December. While unable to fly commercially across borders, the group [...]
Real estate investment trust NewRiver appoints new chairman to pub board May 27, 2021 Real estate investment trust NewRiver has hired a new chairman to help manage its community pub business Hawthorn, who steps into the role with immediate effect. Incoming chairman Colin Rutherford, a board veteran, is set to oversee over 650 pubs while maintaining his role as a non-executive director and chairman of the audit committee at [...]
Covid: London SMEs lost around £100,000 more than businesses elsewhere in the UK May 27, 2021 It is safe to say that UK SMEs have taken a large blow to finances since the Covid-19 pandemic closed shop doors, with 82 per cent feeling the tightening purse strings, according to freelance platform Fiverr. On average, UK SMEs have lost just under £192,000 in revenue in the last 12 months – while just [...]
Daily Mail group revenue plunges £95m but investments offset the loss May 27, 2021 The group behind the Daily Mail has seen revenues tumble 12 per cent over the past six months, the newspaper group said this morning, but its investments may have offset the loss. The newspaper group raked in nearly £100m less in the six months to 31 March, earning revenue of £547m, down from £642m in [...]
Tate & Lyle revenue sinks, but still brought home around £2.8bn May 27, 2021 Food and beverage ingredient supplier Tate & Lyle saw its revenue sink £75m in the year to 31 March, the group said in a statement this morning, but still raked in around £2.8bn. The British-headquartered firm saw strong demand for its new products, with the newcomers raking in 21 per cent more revenue, worth £133m. [...]
Belarus president claims journalist pulled from plane was plotting a ‘bloody rebellion’ May 26, 2021 The president of Belarus has said that the journalist pulled off a plane that was grounded in Minsk had been plotting a “bloody rebellion”. Belarusian president Alexander Lukashenko went on to accuse the West of starting a “hybrid war” against him, in his first public comments since the incident on Sunday. The Ryanair plane, which [...]
