Brexit: Boris Johnson says he does not want a no-deal exit from EU October 4, 2020 Boris Johnson has said he does not want a no-deal Brexit, but that the UK would “more than live with it” if need be. Johnson said today that a deal “was there to be done”, just a day after the UK and EU agreed to extend negotiations a further two weeks, but that gaps remain [...]
Coronavirus: Boris Johnson says it’ll be a bumpy road until Christmas, as new Covid-19 cases top 10,000 October 4, 2020 Prime Minister Boris Johnson this morning said it’ll “be bumpy until Christmas” dealing with the coronavirus outbreak. The PM told the BBC the government was taking a “balanced” approach between saving lives and protecting the economy. “The best thing we can do now for all those who have suffered in the course of this pandemic [...]
Ferrero Group in £250m bid to buy British Fox’s Biscuits September 30, 2020 Italian confectionary giant Ferrero Group is planning a £250m bid to buy British-based Fox’s Biscuits. The owner of brands such as Kinder and Nutella is working on a takeover deal with advisers, according to Sky News. Demand for biscuits has risen since the coronavirus lockdown, halting a downward trend as consumers opt for healthier snacking [...]
Royal Albert Hall to reopen for Christmas concert season September 29, 2020 The Royal Albert Hall will open its doors to reduced audiences this Christmas in what the venue’s chief executive describes as an “investment into our future.” A total of 36,000 tickets will be sold to audience goers, down from more than 120,000 last year, to shows including The Nutcracker, Handel’s Messiah and other staples. Read [...]
Crypto will never hit critical mass until cybersecurity improves September 29, 2020 Another week, another hack, another exchange, another theft. Welcome to the recurring world of crypto attacks and the reason why appalling cryptocurrency security is holding back the industry from entering the mainstream. This time it was Singapore-based digital exchange KuCoin and its customers that were taken for $150 million after the exchange noticed large withdrawals [...]
The government’s short-term ‘cures’ are doing far more damage than the virus itself September 29, 2020 For the best part of this year, our societies have been torn apart by this Covid-19 pandemic. It has thrown challenges to all businesses and all people in almost every country around the world. My home country, Italy, was the first in Europe to see how devastating this virus could be. We all remember those [...]
London al fresco dining to continue until end of October September 25, 2020 Londoners will be able to continue enjoying al fresco dining next month after council bosses extended the capital’s hospitality scheme. In a letter to businesses Westminster Council said outdoor eating and drinking will be allowed in the capital until the end of October. Council leader Rachael Robathan said the move was designed to support the [...]
Next boss warns thousands of retail jobs set to become ‘unviable’ September 25, 2020 The boss of fashion retailer Next has warned that hundreds of thousands of retail jobs could become “unviable” due to a more permanent shift to online shopping caused by coronavirus. Lord Wolfson, who heads up the British high street chain, said there were tough times ahead for the sector, following the Chancellor’s announcement of the [...]
All Bar One owner Mitchells & Butlers sales slip after Eat Out to Help Out boost September 24, 2020 Pub chain Mitchells & Butlers today reported a drop in sales in September after enjoying a boost from the government’s discount meals scheme. The All Bar One owner posted a 1.4 per cent rise in like for like sales in August thanks to the Eat Out to Help Out scheme and a temporary reduction in [...]
Budget cancelled as Rishi Sunak prepares to unveil new business support package September 23, 2020 Rishi Sunak has cancelled his planned autumn Budget and will instead announce a new package of emergency support for UK businesses in a bid to stop mass unemployment. Sunak was supposed to unveil his second budget this year within the next few weeks, with the chancellor preparing the country for the next stage of its [...]