I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Waitrose hires ex-Sainsbury’s director as new boss April 29, 2020 Waitrose has appointed former Sainsbury’s buying director James Bailey as its new boss to steer the supermarket through the coronavirus crisis. Bailey, who worked for Sainsbury’s for 18 years, will join the John Lewis Partnership as an executive director today and will be responsible for managing the supermarket’s response to the coronavirus pandemic. He will [...]
Alphabet earnings: Five key takeaways as Covid-19 hits Google April 29, 2020 Shares in Google parent company Alphabet were up almost eight per cent in after-hours trading last night after the tech giant reported its first-quarter earnings. The closely-watched report was the first in a string of major US tech results set to be published this week, and give a key indication of how the coronavirus crisis [...]
Boris Johnson’s fiancee Carrie Symonds gives birth to baby boy April 29, 2020 Boris Johnson’s fiance Carrie Symonds has given birth to a “healthy baby boy” at a London hospital this morning, according to a Downing Street spokesperson. The baby and mother are both said to be doing well. There has been no announcement on what they have named their newborn son, but Coral bookmakers has Alexander as [...]
TCI calls on Wirecard to remove chief executive Markus Braun April 29, 2020 The Children’s Investment fund has called on Wirecard’s supervisory board to remove chief executive Markus Braun after a KPMG audit was unable to verify its revenue. It piles further pressure on Wirecard chairman Thomas Eichelmann after KPMG said was unable to obtain all the information it requested from the firm, such as bank statements. In [...]
Coronavirus: The history of pandemics suggests we’ve only seen the tip of the iceberg April 29, 2020 The term pandemic may conjure images of medieval plagues but they are a recurring blight of the modern era. Since the 1770s we have had a series of global epidemics: cholera smited the human race in the nineteenth and early twentieth centuries; there have been a series of influenza outbreaks since 1890. While Covid-19 is [...]
Shakespeare: Admiral’s car insurance refund will be remembered April 29, 2020 The coronavirus lockdown has now confined Britons to their homes for five weeks, apart from essential journeys. In recognition of everybody driving less, and the subsequent profit made from reduced insurance claims, Admiral has offered £110 million back to their car and van customers as part of a ‘Stay at Home Refund’. A £25 refund [...]
Barclays’ first quarter profit falls by £600m amid coronavirus disruption April 29, 2020 Barclays’ profit has tumbled to £923m in the first quarter, down from £1.54bn in the same period last year, due to the coronavirus pandemic. it revealed today. The bank also booked an impairment charge of £2.1bn, which it said reflected its “initial estimates of the impact of the pandemic”. However, Barclays’ shares jumped five per [...]
Coronavirus: Will rescue package make tax hikes inevitable? April 29, 2020 In the past six weeks the Chancellor has, quite rightly, announced a far-reaching package of measures to support the economy through the Covid-19 crisis that could cost up to £100bn. He may yet need to do more. Tax revenues will also be much lower than expected due to the hit to economic activity from the [...]
Housebuilder Persimmon confident in outlook as construction sites reopen April 29, 2020 Housebuilder Persimmon said customer enquiries have remained at good levels throughout the UK coronavirus lockdown so far as the developer pushes ahead with the phased reopening of its construction sites. The company said steady customer enquiries provided “some encouragement on the resilience of demand” during the coronavirus crisis. Persimmon’s current forward sales position is “robust” [...]
Standard Chartered eyes recovery in China as profits tumble 12 per cent April 29, 2020 The coronavirus crisis has pushed Standard Chartered’s pre-tax profits down 12 per cent, but the lender is eyeing signs of recovery in China. However, the lender pointed to “encouraging early signs” of recovery in China. Investors welcomed the optimism with Standard Chartered’s London-listed shares up 3.6 per cent. “We expect a gradual recovery from the [...]