London restaurants warned of meat and seafood shortages this autumn August 5, 2021 Rrestaurants and gastropubs in London and the rest of the UK have been warned of potential shortages of key menu items alongside a spike in inflation this autumn. Buying specialist Lynx Purchasing said hospitality businesses would face “significant and widespread” challenges with higher prices and food shortages for the rest of the year, including supply [...]
Shapps: Vaccination will be a condition of travel ‘forever more’ August 5, 2021 Grant Shapps today said that being vaccinated against coronavirus will become a necessity for travel “forever more”, as the government loosened its restriction on international travel. He also warned young people that they could find themselves unable to leave the country if they do not get vaccinated. “I think double vaccination, full vaccination, is going [...]
Bank of England to tighten monetary policy to tame runaway inflation August 5, 2021 The Bank of England signalled today it is likely to start reining in the wave of monetary stimulus it unleashed in response to the Covid crisis to control inflation. “At some point, monetary policy may need to tighten so that the MPC can meet its remit” of achieving an inflation target of two per cent, [...]
Mexico headed for travel red list but India turns amber as hotel quarantine rises to £3,700 per couple August 5, 2021 Any couples travelling in Mexico will now see their holiday get whole lot more expensive: The tourist hotspot will move to the UK’s travel red list from 4am Sunday, meaning any Brits arriving back in England must pay for a 10-day hotel quarantine which will rise to £3,700 per couple. The UK Government announced the [...]
Daily Mail owner to sell insurance business for £1.4bn, clearing the way for take-private bid August 5, 2021 Daily Mail owner DMGT has today confirmed that it will sell its risk insurance business RMS to Moody’s for £1.4bn, the first step in a bid to take the group private. Last month it was revealed that the Rothermere family was considering a bid for a slimmed-down version of DMGT. An £810m offer is contingent [...]
Johnson and Sunak call for investment ‘big bang’ in UK to aid recovery August 5, 2021 The prime minister and the chancellor have called on the UK’s institutional investors to plough more capital into UK assets to ignite an “investment big bang” that drives an economic recovery from the pandemic. In a joint letter with Rishi Sunak, Johnson said the UK’s institutional investors should “seize the moment” and use their “hundreds [...]
Mike Ashley: Will the headline-grabbing Sports Direct boss go quietly? August 5, 2021 Frasers Group boss Mike Ashley is to relinquish his position as chief executive of the retail group after decades in the spotlight but there are suggestions the billionaire will continue to call the shots. The Sports Direct founder will hand over the reins next year to his daughter’s fiancé, Michael Murray, the group confirmed in [...]
Amazon tries to cut waste after backlash from ITV investigation August 5, 2021 E-commerce giant Amazon is to reduce rubbish with two new policies following an ITV News investigation which found the company destroying millions of items of unsold stock. The largest online retailer came under fire two months ago after ITV released footage of an Amazon warehouse in Dunfermline, Scotland destroyed everything from laptops and TV’s to [...]
WPP raises forecast, following further revenue growth August 5, 2021 WPP today reported continuing strong results for the first half of the year, in a sign of optimism for the global marketing industry. The London-listed ad giant reported revenue growth of 9.8 per cent and new net business worth almost $3bn in the first six months of the year as more customers return to investing [...]
Sadiq Khan wants to make not wearing a mask on Tube a criminal offence August 5, 2021 Refusing to wear a face mask on the Tube should be made into a criminal offence, Sadiq Khan has said. The mayor of London wants the government to introduce a new bye-law that would enshrine face mask wearing on Transport for London (TfL) in law. Wearing a face mask in enclosed spaces is no longer [...]
