Bermondsey Street favourites to extend ‘eat out’ discount through September September 1, 2020 The August of discounted dinner may be behind us but the culinary treats will continue into September on Bermondsey Street. Much-loved restaurants on the foodie stretch, including Angela Hartnett’s Cafe Murano and José Pizarro’s restaurants José and Pizarro, will continue the 50 per cent discount into September on Mondays, Tuesdays and Wednesdays. Read more: Where [...]
Tesla seeks to cash in on record run with $5bn share sale September 1, 2020 Tesla today said that it would sell $5bn (£3.7bn) in new shares as the electric car maker seeks to cash in on a record rally which has seen the stock rise nearly 500 per cent this year. According to a filing to the US Securities and Exchange Commission, the new shares will be sold “from [...]
A quarter of women set up their own business due to coronavirus September 1, 2020 Coronavirus has acted as a huge catalyst for change for women, as one in four set up their own business in the wake of the pandemic. A study from professional women’s network Allbright found three quarters of women have been inspired to start a business after the pandemic, with a quarter already doing so. The [...]
US factories grow at fastest pace in 19 months as recovery continues September 1, 2020 Activity in the US manufacturing sector rose at the fastest pace since the start end of 2018, a survey has shown, although factories continued to slash jobs. The Institute for Supply Management’s (ISM) manufacturing purchasing managers’ index (PMI) rose to 56 in August from 54.2 in July. It was the highest score since November 2018 [...]
Ann Summers warns landlords over potential CVA September 1, 2020 Lingerie chain Ann Summers has warned landlords that it will launch a restructuring process if the retailer is unable to reach an agreement on rents. The high street retailer said it is mulling a company voluntary arrangement (CVA) to switch to turnover-based rents due to changing consumer behaviour during the coronavirus pandemic. The firm benefitted [...]
Labour peer David Blunkett calls for workers to return to office September 1, 2020 Lord David Blunkett has thrown his weight behind calls for workers to return to the office, urging Brits to “be confident” about getting back to normal life. The Labour peer today warned the government’s stay at home messaging was still resonating with many people. “Getting parents to be confident about their children going to school, [...]
Central London dry cleaning firms struggle as workers stay at home September 1, 2020 London’s dry cleaning firms could be the next casualty of the coronavirus crisis as workers continue to stay away from city centres, the industry has warned. A sustained drop in the number of office workers and tourists visiting central London could put many dry cleaning businesses at risk of closure. The government has launched a [...]
German parliament launches investigation into Wirecard collapse September 1, 2020 German politicians will open a full inquiry into the collapse of Wirecard, forcing the government to address questions over its failure to avert one of the country’s biggest corporate frauds. Wirecard collapsed into insolvency in June and there have been growing questions over the failure of German authorities to pick up on numerous red flags. [...]
AA given takeover talks extension as rivals mull joint bid September 1, 2020 Motoring association the AA has been given an extra four weeks to continue negotiations with potential buyers, it was announced today. The new deadline for its suitors to make an offer for the firm is now 29 September, but there are growing fears that a hotly anticipated bidding war for the company’s stock may be [...]
Boris Johnson joins professional networking site Linkedin September 1, 2020 Boris Johnson has joined business social networking site Linkedin, Downing Street said today. A spokesperson for the Prime Minister said it was “particularly important” for Johnson to connect businesses through the post-coronavirus economic recovery. “You can expect to see on there a mixture of written and video content from the PM which will promote UK [...]