Calorie labelling to cost British businesses ‘tens of millions’ each year July 28, 2020 The Prime Minister’s announcement that restaurant and takeaway firms must introduce calorie labels on their menus will cost British businesses “tens of millions” of pounds each year, according to a new report. Boris Johnson yesterday announced the government will introduce compulsory calorie labels for restaurant, supermarket and takeaway meals as part of measures to crack [...]
UK broadband customers to save £270m following Ofcom review July 28, 2020 Broadband customers who choose not to sign up to contract deals are set to make total savings of £270m each year from pricing changes following a new Ofcom review. A report released today by telecoms watchdog Ofcom found that broadband companies are failing to protect customers from high out-of-contract prices, in a move that is [...]
Sky Arts to become free to air channel in bid to boost culture sector July 28, 2020 Sky Arts will become free to air for all viewers in September, as the broadcaster attempts to boost the sector in a “vital time for culture” during the pandemic. Britain’s only TV channel dedicated solely to arts and culture is currently only available to paying customers. However, it will become free to air for all [...]
Amazon rolls out free grocery deliveries for Prime customers July 28, 2020 Amazon Prime customers will be able to order grocery deliveries to their home for free, the e-commerce giant announced today, in a huge blow to high street supermarket giants and small retailers. The tech titan will roll out free deliveries via its Amazon Fresh grocery service to Prime subscribers across 300 postcodes from today, with [...]
Spain quarantine to be cut to 10 days for returning Brits July 28, 2020 Quarantine for people arriving from Spain and other countries designated high-risk coronavirus zones will be cut to 10 days under new plans, it is reported. The government is set to introduce a fresh policy later this week requiring those arriving from high-risk countries to be tested for coronavirus eight days after they land, the Telegraph [...]
B&M set to smash expectations as retailer reports lockdown boost July 28, 2020 B&M European Value Retail hailed a “strong” first half of the year on the backdrop of the coronavirus crisis, with earnings for the six months to September set to smash analysts’ expectations. The group expects adjusted earnings before tax, amortization and depreciation for the six months to 26 September to be between £250m and £270m, [...]
Greggs swings to £65m loss during coronavirus crisis July 28, 2020 Greggs swung to a loss of more than £65m for the six months to 27 June after Brits tried their own hand at baking during lockdown, it revealed today. The results Greggs swung to a pre-tax loss of £65.2m, down from a profit of £36.7m in the same period last year. Total sales for the [...]
Dollar hits two-year low as US coronavirus cases surge July 27, 2020 The US dollar slumped to a two-year low today as a sharp spike in coronavirus cases across the country weighed on investor sentiment. The dollar index dipped 0.6 per cent to its lowest level since June 2018 today, sharpening fears that the currency is on track for its worst month since April 2011. The slump [...]
Johnny Depp trial: ‘Deep misogyny’ at the root of actor’s violence, court told July 27, 2020 The High Court today heard that “deep misogyny” underpinned Johnny Depp’s alleged violence against ex-wife Amber Heard, as lawyers for the Sun newspaper today made their closing submissions to round off the three-week trial. Depp is suing the Sun’s publisher News Group Newspapers (NGN) and the Sun’s executive editor Dan Wootton over an article from [...]
Astrazeneca secures $6bn cancer drug deal with Japan’s Daiichi July 27, 2020 Astrazeneca is set to pay up to $6bn (£4.7bn) to Japanese firm Daiichi Sankyo to develop and market a cancer treatment, marking the second multi-billion dollar cancer drug deal between the two companies. London-listed Astrazeneca today said it will pay Daiichi an upfront payment pf $1bn for an antibody drug conjugate — a class of treatments [...]
