eve Sleep sees sales up, bolstered by online shopping July 16, 2021 Mattress maker eve Sleep today reported overall revenue growth of 13 per cent in the first half of 2021, reaffirming full-year expectations. Despite increased sales, shares in the London-based company were down over 15 per cent early morning. eve Sleep said sales growth was primarily online due to coronavirus restrictions, but suggested the trend to [...]
GSK sets out plans for new £400m life sciences campus July 16, 2021 Drug giant Glaxosmithkline (GSK) has this morning unveiled plans for a new £400m life sciences campus in Stevenage. The FTSE 100 firm said that the new facility could create 5,000 high-skilled jobs over the next decade. It is looking to sell 33 acres of its existing 92 acre site in Stevenage to a private developer [...]
Just Eat acquires Slovakian food delivery as global expansion continues July 16, 2021 Just Eat Takeaway has announced it will acquire Bistro.sk, a food delivery company in Slovakia, as it expands its global footprint. The deal, approximately valued at €50m, is expected to close later in the year. The Slovakian business operates in a similar format to Just Eat. Its 400,000 customers choose food, from the 2,000 or [...]
France on cusp of being moved to ‘red list’ over South African variant fears July 16, 2021 France is reportedly on the cusp of being moved to the travel “red list” amid growing fears over the prevalence of the so-called South African variant of Covid-19. Ministers discussed taking the measure during Wednesday’s review of the travel list system, the Telegraph reported. Officials have been asked to “interrogate” the data coming out of [...]
Arcane taxes on junk food is all pain with almost no benefit July 16, 2021 Some people are born lucky. They can eat junk food all day long without putting on any weight. Others develop rolls of fat after a few packets of crisps. The former can live blissfully without these concerns. The latter must struggle every day – either with obesity or self-control and exercise – to stay in [...]
The outlook for business post-pandemic July 16, 2021 As we work towards exiting the pandemic we’ve spoken to insolvency expert, Blair Nimmo CA, on the outlook for businesses post-pandemic. Blair, the former UK Head of Restructuring and Global Head of Insolvency at KPMG, is Interpath’s Chief Executive Officer. As well as leading the strategic direction of the Interpath business, Blair also takes an [...]
Pop-up vaccine centres are coming to London parks in time for the sun this weekend July 16, 2021 In the latest iteration of the government’s “grab a jab” mass vaccination drive in the capital, several parks around the city will play host to pop-up clinics this weekend. It’s the final push for the NHS vaccination programme to maximise the jab rollout before the majority of coronavirus restrictions are lifted on Monday. Pop-up clinics, [...]
Government unveils new ‘hospitality strategy’ to boost sector post-Covid July 16, 2021 The UK’s hospitality businesses are set to receive increased support through the government’s vocational training programmes in a bid to boost the sector post-Covid. The new “hospitality strategy” will also see the government work with the British Business Bank and other lenders to “support access to finance for hospitality firms so they can invest in [...]
US stocks lose ground despite strong jobless claims July 15, 2021 US stocks fell on Thursday despite strong jobless claims data strengthening the outlook for the American economy. The blue chip S&P 500 dropped 0.65 per cent today, while the tech-heavy Nasdaq fell 1.14 per cent on falls among growth stocks. The Dow Jones slipped 0.17 per cent. Read more: US stocks muted as Powell moves [...]
Exclusive: London workers flood back to the office ahead of freedom day July 15, 2021 Workers in London are already returning to the office in their droves ahead of the lifting of all Covid restrictions on 19 July. Research shared exclusively with City A.M. by Land Sec shows 70 per cent of London office workers are already coming into the office at least one day a week. Read more: So [...]
