Lidl pays back £100m in business rates relief December 4, 2020 Budget supermarket Lidl has joined the Covid repayment train in announcing it will pay back millions in business rates relief it received at the start of the pandemic. In March, the supermarket sector along with other retail, hospitality and leisure businesses in England, was granted a business rates holiday for 12 months. Lidl today said [...]
Pets at Home becomes latest retailer to return business rates relief December 4, 2020 Pets at Home has joined the Covid repayment train and joins some of the UK’s biggest retailers in handing back millions of pounds in business rates relief. In March, all retail, hospitality and leisure businesses in England were given a business rates holiday for 12 months. But after a bumper year of sales on the [...]
Supermarket heavyweights the Co-op and Waitrose face mounting pressure to return business rates relief December 4, 2020 High street titans the Co-op Group and Waitrose are facing mounting pressure to follow their peers and hand back millions of pounds of business rates relief dished out to keep the companies afloat during the pandemic. The Co-op is facing growing disquiet from members after refusing to emulate rivals Tesco, Morrisons, Asda, Sainsbury’s and Aldi, [...]
Asda joins ranks of supermarkets set to return business rates relief December 3, 2020 Asda has joined the growing number of UK supermarkets to hand back business rates relief given by the government to help it through the coronavirus crisis. This afternoon the grocer confirmed that it would repay £340m in emergency support – the fifth supermarket to make such a pledge. Since Tesco first announced it would give [...]
Aldi becomes fourth supermarket to return business rate relief December 3, 2020 Aldi has become the forth supermarket to return the full value of the business rate relief it has received during the pandemic. Aldi will pay back more than £100m to the government and devolved administrations. The decision follows pledges from Tesco, Morrisons and Sainsbury’s to do the same, which will pay back £585m, £230m and [...]
Snakes and Ladders: Who is moving jobs in the City this week? November 25, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. This week, [...]
Deliveroo appoints new chair ahead of rumoured public listing November 25, 2020 Takeaway delivery app Deliveroo has appointed Claudia Arney as the company’s first chair, as the business heads for change in 2021. The move comes as Deliveroo prepares to pursue a rumoured public listing in the coming months. Arney has worked in executive roles primarily focused on building digital businesses including at Pearson, The Financial Times, [...]
The good, the bad, and the orange: In search of the perfect 2020 Christmas ad November 24, 2020 To call 2020 a “garbage fire” of a year would not be unfair. This year has turned people’s worlds upside-down in so many ways. But at least a few things remain a constant presence in life — one of which is the return of the blockbuster Christmas TV advert. While the advertising budgets look a [...]
Aldi extends Deliveroo service across London November 20, 2020 Aldi has extended its trial with Deliveroo to 130 stores across the UK, including 16 London branches. The budget supermarket announced this morning that Londoners will be able to order groceries through the Deliveroo app, to be received in as little as 20 minutes. Orders within 6km of participating stores, which include Tooting, Camden and [...]
Brands’ battle for the eyeballs: watch all the Christmas ads here November 13, 2020 As some of the UK’s biggest brands have rolled out their seasonal ads, it’s starting to feel a lot more festive. The battle for the eyeballs started in earnest this morning as John Lewis launched its annual television advertisement, gaining over one million views within just two hours. However, Aldi’s ad so far tops the [...]