Paperchase secures more time in race to avoid collapse January 19, 2021 High street stationary chain Paperchase has secured more time in its race to avoid collapse, after the retailer was forced to line-up administrators due to the negative impact of coronavirus restrictions on sales. The company has filed a second notice of intention to appoint an administrator, giving the firm an additional ten days to negotiate [...]
Hong Kong Racing Tips: Lover a Glorious best January 19, 2021 TRAINER Me Tsui finally looks set for a change of fortune when he saddles GLORIOUS LOVER in the competitive Sze Mei Handicap (12.45pm) over the extended mile. Tsui, who has saddled a dozen winners this season, last visited the winners’ circle over the Christmas period, but most of his horses have still performed with credit since, and [...]
Pubs left in the dark again as government fails to deliver thousands of lifeline grants January 19, 2021 The British Beer and Pub Association has today revealed that 3 in 4 wet-led pubs have still not received the Christmas grant promised to them by Boris Johnson. The Prime Minister personally announced the £1,000 one-off payment at the start of December to help drink-driven pubs that were forced to close during Christmas. However, as [...]
Ethereum pumps – new all-time high incoming? January 19, 2021 Crypto at a Glance It’s been a relatively quiet week so far for Bitcoin, which seems happy to coast along between $35,000 and $37,000 for the time being. The really big-and-mega-exciting news today is Ethereum, which finally looks to be charging, head-down and horns out, towards that long-awaited new all-time high (set in the heady [...]
Hammerson receives less than half its rent as retailers grapple with Covid January 19, 2021 Hammerson received less than half of the rents due for the first quarter of 2021, as retailers struggled in the face of coronavirus restrictions across the UK and most of Europe. At a group level, 41 per cent of Q1 2021 rent due has been received by Hammerson, with the UK collecting 41 per cent, [...]
AO World revenue surges on demand for electrical goods over Christmas January 19, 2021 AO World reported significant revenue growth in the third quarter after strong demand for electrical goods in the run-up to Christmas. The online electrical retailer reported UK revenue growth of 67.2 per cent to £457.3m, while German sales jumped 77.4 per cent to €73.6m. The company, which sells washing machines, fridges, TVs and laptops, has [...]
Superdry woes continue as it flags going concern doubts January 19, 2021 Embattled retailer Superdry has flagged going concern doubts after lockdown took another hit to its revenue. Superdry’s underlying losses before tax widened to £10.6m from £2.3m in the same period the previous year. Superdry’s share price plunged more than 11 per cent to 213.40p this morning. It came as revenue plunged 23.4 per cent to [...]
British lorry drivers now need negative Covid test to enter Denmark and Netherlands January 19, 2021 Hauliers will now need to provide a negative coronavirus test before entering Denmark and the Netherlands, the government has announced. All drivers of heavy goods vehicles (HGVs) have been told they will be eligible for free Covid tests at specialist sites across the country. However, just four out of 35 of the sites will run [...]
Dido Harding defends £1,000-a-day consultants for Test and Trace January 18, 2021 NHS Test and Trace boss Dido Harding has defended spending upwards of £1,000-a-day on consultants for the beleaguered contact tracing programme. During a grilling from the Public Accounts Committee, Harding told MPs she felt it was “appropriate” to bring in external help in “extreme emergency circumstances using short-term contingent labour and consultants for some of [...]
Patient admitted to hospital ‘every 30 seconds’ as Covid hospitalisations hit record January 18, 2021 “Someone is admitted to hospital with coronavirus every 30 seconds,” the health secretary has said, as hospitalisations continue to hit fresh heights amid the rapid spread of new Covid mutations. There are currently 37,475 people in UK hospitals with coronavirus, with more than a tenth on ventilators. “That is the highest that it’s been throughout [...]