City Pub Group looks to office workers’ return as pub sector faces soaring energy costs January 20, 2022 Premium pub operator the City Pub Group has said it is hopeful the return of office workers will boost its sales in cities across the country. It said there had been a “significant increase in trade” in the last 10 days, which it put down to an increased consumer confidence. The easing of the government’s [...]
Christmas sales at Revolution Bars dip as sector welcomes end of Omicron measures January 20, 2022 Revolution Bar Group has posted its disappointing like-for-like sales over the Christmas trading period, when fresh Covid measures hindered pub bosses’ hopes. Like-for-like sales sales for the six week period ending 1 January were down -23 per cent in comparison to the last Christmas before the pandemic struck. Office parties were cancelled in waves as [...]
Good Energy offloads solar and wind asset ahead of shareholder showdown with rival firm January 20, 2022 Good Energy has sold a portfolio of renewable sites despite pressure from activist investors to keep hold of its generation assets.
Primark to cut 400 jobs across the UK as part of overhaul of management team January 20, 2022 Primark owner Associated British Foods has reported a 16 per cent boost in group revenues for the 16 weeks up to 8 January 2022.
Premier Foods ups profit guidance as sales beat market forecasts January 20, 2022 Mr Kipling owner Premier Foods has lifted its profit guidance for the full year to £125m as sales beat expectations.
Boris Johnson battles on as premiership is no longer on life support despite MP defection and Tory demands to resign January 20, 2022 The Prime Minister is battling on despite a senior Tory demanding “in the name of God, go” and a Conservative MP defected to Labour over allegations of rule-breaking parties in Downing Street. Former Brexit secretary David Davis called for the Prime Minister’s resignation in a Commons intervention on Wednesday before later warning the party faces [...]
City’s top economists toast end of plan B Covid-19 curbs January 19, 2022 The City’s top economists today toasted the government’s decision to scrap plan B Covid-19 curbs, hailing the move as a sign that Britain’s economy is getting back to being fully operational. Hope was ignited among experts that the influence Covid-19 and accompanying restrictions on daily life has exerted on the health of the British economy [...]
Lime invests £20m in London after hitting five million rides record January 19, 2022 E-scooter and e-bike provider Lime will invest £20m in London over the next year and a half after hitting 5 million rides. The company will use part of the funding to upgrade its network of e-scooters, bringing to market its latest model, trialled during Christmas. The new electric scooters will have a new braking system [...]
Gas prices drop amid milder weather and LNG boost January 19, 2022 Gas prices have slumped despite seemingly favourable geopolitical trends amid milder weather and an LNG boost to formerly flagging supplies.
Face masks and working from home scrapped as Plan B restrictions axed in England January 19, 2022 Boris Johnson has scrapped England’s Plan B Covid restrictions, which include a call to work from home if possible and for mandatory face masks in indoor public settings. They also included mandatory Covid certificates for large events and night clubs. From next Wednesday the restrictions, brought in last month to slow the spread of Omicron, [...]