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  • Early orders and Singles Day boost: Both Chinese exports and imports pick up steam

    December 7, 2021

    European equity markets got off to a solid start to the new week yesterday as investors looked past the negativity of last week and chose to focus on the expectation that the Omicron variant, while more transmissible, may well not be as virulent as the Delta variant that is wreaking havoc across Europe. “Indications so [...]

  • West End laments government Covid messaging as footfall falls flat

    December 7, 2021

    The West End has bemoaned government messaging on Covid as it reported no uptick in footfall last week. New West End Company, which represents 600 brands in the area, said yesterday footfall was still down 30 per cent on pre-pandemic levels. Flat footfall was blamed on “the impact of Government messaging around Omicron,” and tube [...]

  • Thousands of Tesco distribution workers to strike before Christmas as unions warn of empty shelves

    December 6, 2021

    Thousands of disgruntled Tesco distribution workers across the country are to strike in the run-up to Christmas. Up to 5,000 Tesco workers in the Union of Shop, Distributive and Allied Workers (Usdaw) could take part in industrial action while some 1,200 workers in union Unite are also preparing to strike. Members of both unions are [...]

  • Covid: Javid confirms community transmission of Omicron variant in England

    December 6, 2021

    There is now community transmission of the Omicron variant of Covid across “multiple regions of England”, health secretary Sajid Javid has confirmed. Javid said today that there are 335 recorded cases of the variant in the UK, which “includes cases with no links to international travel”, but that there is not enough scientific evidence to [...]

  • Sainsbury’s tells staff to delay Christmas parties until next year as UK Omicron cases top 300

    December 6, 2021

    Sainsbury’s staff have been asked to delay their Christmas get-togethers until next year amid fears of staff shortages. The request came following the return of mask rules to shops and public transport networks last week, following the arrival of new coronavirus variant Omicron in the UK. “We have asked all of our teams to postpone [...]

  • Airlines stocks jump as Omicron concerns are shrugged off

    December 6, 2021

    The shares of several airlines – including British Airways’ owner IAG, Easyjet and Ryanair – jumped today, as a result of carriers shrugging off concerns about the latest Covid variant, Omicron. Evidence showing the mild effects of Omicron, which has not yet caused any deaths, has led to IAG going up to 142.26p from a [...]

  • West End landlord points to new signings as proof of post-lockdown recovery

    December 6, 2021

    West End landlord Shaftesbury has signed over 60 new retail and leisure brands since October 2020, in a vote of confidence for central London’s post-lockdown recovery Bosses said this interest highlights the speed of the West End’s recovery following the lifting of pandemic restrictions. Some 33 retail brands including American Eagle and Aerie have set [...]

  • Johnson says no new restrictions needed as top scientist warns people with ‘sniffle’ to stay home

    December 6, 2021

    Boris Johnson has today insisted no new restrictions are needed, despite warnings from a top Covid scientist that people with a “sniffle” should work from home. Johnson this morning said the UK had been “the first country in the world to take decisive measures to tackle Omicron” in the face of criticism that his government [...]

  • Bitcoin recovers after Saturday’s sudden decline

    December 6, 2021

    The Bitcoin price was hovering just below the $48k level this morning, after a sudden drop early on Saturday saw the leading cryptocurrency fall nearly $10,000 in roughly an hour.

  • Why would anyone snog at a Christmas party anyway

    December 6, 2021

    I’d like to take a moment to reflect on the debate that made the headlines last week: should we be snogging under the mistletoe this Christmas, or stay apart to avoid Covid-19 transmission? First of all, snogging is a cringe and uncomfortable word that reminds of Matt Hancock’s taped sins. And we can all agree [...]

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