Landlords vs retailers: What the New Look legal case means for future of CVAs May 10, 2021 New Look today defeated a legal challenge to its restructuring plan by a group of its landlords in a landmark case that experts say will clear the way for other retailers to use Company Voluntary Arrangements to combat the impact of the pandemic. The ruling is likely to deepen tensions between tenants and landlords, as [...]
Caterham Super Seven 1600 review: old-fashioned values May 10, 2021 The Super Seven 1600 is a more traditional take on the Caterham sports car, with retro styling and a throaty soundtrack. Tim Pitt drives it.
Refugee nurses channelled into the NHS through new scheme May 10, 2021 Refugee nurses are being channelled into the NHS as part of a Liverpool-based scheme, giving asylum seekers the opportunity to use their qualifications to live an independent life in the UK. Palestinian national from Lebanon, Walid Jarad, had lived in just two t-shirts and two pairs of jeans for a whole year, until last month. [...]
NHS to deliver vaccines to low-uptake communities in a Ford van May 7, 2021 Ford and the NHS in Essex have joined forces with local health leaders to roll out a vaccine drive using a tailored Transit van to deliver jabs. Despite the UK’s successful vaccine rollout, vaccine uptake is lower among some communities facing access challenges, which the vaccine drive seeks to tackle. “Our goal of giving everyone [...]
Jenson Button relaunches Radford cars – with help from Lotus May 6, 2021 F1 champion says new sports car will drive “like nothing else” as more details about forthcoming Radford model are released.
Trainline posts £100m loss as sales drop through the floor May 6, 2021 Trainline has reported a huge £100m loss for the year as lockdown restrictions sent sales plummeting. The company reported an operating loss of £100m compared to an operating profit of £2m the previous year, as net ticket sales plummeted 79 per cent to £783m. The FTSE 250 firm’s revenue dropped 74 per cent from £261m [...]
Reopening of showrooms boosts new car sales in April May 5, 2021 The reopening of England’s car showrooms boosted sales of new vehicles in April, prompting the car industry to hail the “light at the end of the tunnel” after lockdown. In total, 141,583 new vehicles were registered last month, a thirty-fold jump on the same month a year ago, when the initial coronavirus lockdown all but [...]
Stellantis beats revenue expectations but warns chip shortage could slow it down May 5, 2021 Stellantis beat analyst forecasts for revenue in its first quarter as a new entity but warned that the global semiconductor shortage would slow down production in the second quarter. The car giant, which was formed by the mega-merger of Peugeot-owner PSA and Fiat Chrysler, said revenue came in a €37bn for the quarter, ahead of [...]
Drinking around the world: The Corsican wine loved by Napoleon May 4, 2021 Napoleon, the son of an Ajaccio winemaker on the Granite island of Corsica, died two hundred years ago this week. Films portray Corsica as a place of scrubland, beaches, vendettas and banditry, while cookery shows spotlight the island’s world-beating urchins, “figatelli” smoked chestnut sausage, cured hams and ripened brocciu cheese. But they ignore the excellent [...]
Elon Musk’s Tesla beats expectations on record deliveries April 26, 2021 Tesla has reported a record quarterly profit, beating Wall Street estimates after a huge rise in deliveries in the three months to March. Total revenue soared 74 per cent year-on-year to $10.39bn in the first quarter, generating a $438m net profit. Tesla said this was primarily achieved through “substantial growth” in vehicle deliveries. The auto [...]