Morrisons online sales continue to soar despite lockdown easing May 11, 2021 Morrisons said online sales have continued to soar this year despite the lifting of lockdown restrictions. In an update this morning the supermarket chain said online sales were up 113 per cent in the 14 weeks ended 9 May compared to the same period last year. Internet sales helped boost group like-for-like sales excluding fuel [...]
Half of British workers expect bosses to enforce mandatory jabs, survey shows May 11, 2021 Half of Britain’s workers expect their bosses to demand a vaccine passport before they can return to the workplace, according to a new study. The research, conducted by BrightHR, studied 5,000 British workers across various sectors. It found that just 17 per cent of employees have had a conversation about their companies’ policy on vaccines, [...]
Pret a Manger plots Tesco store launch in bid to shake off City image May 11, 2021 Pret a Manger is planning to open stores in Tesco supermarkets as it looks to shrug off its reputation as a hotspot for office workers. The trial partnership marks efforts by the coffee chain to broaden its appeal, with boss Pano Christou saying he wanted to “bring Pret to the people”. Its first concession will [...]
London’s bosses call on Khan and Shapps to fix ‘broken’ transport system May 11, 2021 The capital’s business leaders have called on Sadiq Khan and Grant Shapps today to fix London’s ‘broken’ transport system. The top signatories included bosses of Canary Wharf, Arcadis, the ExCeL and the New West End Company, who all signed off on the joint letter to the Mayor and Transport Secretary. The letter follows months of political [...]
Rhyme or treason: Chinese tech giant Meituan’s boss in hot water over ancient poem May 11, 2021 Shares in Chinese tech giant Meituan have dropped sharply after its chief executive posted an ancient poem on social media that was interpreted as a veiled criticism of President Xi Jinping. Wang Xing, the billionaire boss of the food delivery app, posted The Book Burning Pit by Zhang Jie on a Chinese social media platform [...]
Coca Cola: ‘Optimism ahead’ for soft drink giant’s Europe business May 11, 2021 Coca Cola said there is “optimism ahead” for its businesses in Europe, Australia and New Zealand as the coronavirus conditions begin to improve across the regions. In the first quarter total revenue fell four per cent to €3,09bn, dragged down by a 7.5 per cent dip in European sales, which dropped to €2.29bn. However, the [...]
UK Government sell shares of bailed-out NatWest for £1.1bn as stake shrinks to 55 per cent May 11, 2021 UK Government sell shares of bailed-out NatWest for £1.1bn as stake shrinks to 55 per cent
SSE and Equinor to build Scotland’s first carbon capture power station May 11, 2021 Energy heavyweights SSE and Equinor have tabled plans to build Scotland’s first power station using carbon capture technology, in a step towards a low carbon future. If repurposed, the gas-fired unit at Peterhead, Aberdeenshire, could catch up to 1.5m tonnes of carbon dioxide from its emissions each year. The plans are still dependant on securing [...]
Air Partner profits soar as PPE shipping drives record year May 11, 2021 Aviation group Air Partner today reported a record year of growth, driven by its ferrying of PPE during the pandemic. Air Partner saw underlying pre-tax profit soar by 176 per cent to £11.6m throughout the year ended 31 January 2021. Gross profit was also up by more than 31 per cent to £44.9m, while statutory [...]
Angling Direct reels in bumper results as pandemic fuels fishing frenzy May 11, 2021 Angling Direct today reported a sharp increase in revenue for the full year after Brits flocked to fishing during coronavirus lockdowns. The specialist fishing tackle and equipment retailer posted revenue of £67.6m in the year to the end of January, up more than 27 per cent on the previous 12 months. The Aim-listed firm also [...]
