A prominent businessman and owner of London’s iconic music venue, Electric Brixton, has warned the live events industry is on the brink of collapse. Music venues, theatres and events companies have been out of operation since the nationwide lockdown was implemented in March this year, with no sign of restarting. Though small, socially distanced events … Read more
Cineworld attempted to flog leftover Pick N Mix stock to staff before they learned about the chain’s plan to mothball its 127 UK theatres, an employee has claimed. The Cineworld employee says were offered to buy the excess sweets, which the cinema chain worried it would not sell between now and Thursday – when its … Read more
Watches of Switzerland’s shares surge as strong American demand for brands like Rolex and Tag Heuer offsets fall in international tourism Watches of Switzerland runs six showrooms at Heathrow and one at Gatwick The firm’s sales rose above £200m in the first 10 weeks of the second quarter It now expects to make between £888m … Read more
Will the Middleton sisters’ fashion favourite be next coronavirus casualty? Dress designer Alice Temperley’s company has racked up losses of £25million Alice Temperley has seen her fashion company rack up losses of £25million She designed Pippa Middleton’s gowns for the royal wedding reception in 2011 Her gowns cost four-figure sums but also runs a cheaper … Read more
Paris Jackson mourns tragic losses of her friends Noah and Sofia in poignant series of Instagram posts By Dailymail.com Reporter Published: 04:28 BST, 25 September 2020 | Updated: 04:28 BST, 25 September 2020 Paris Jackson took to Instagram on Thursday to mourn two of her friends she said recently passed, who she identified as Noah … Read more
FTSE 100 claws back some losses after yesterday’s £51bn plunge with markets opening 0.3% up by 38 points to 5,820 after 10pm curfew was announced for pubs and restaurants Index was 0.3% in the green at opening today following yesterday’s huge fall Pub chains and airlines hammered as ministers warned of new lockdown rules Meanwhile, … Read more
Superdry shares plunge as it reveals hefty losses and adopts a heavy discounting strategy to try and turn its fortunes around Superdry reported revenue down 19.2% to £704.4m and pre-tax loss of £166.9m Boss Julian Dunkerton said the company had experienced ‘significant disruption’ Superdry shares sank 10.6% as it announced a 19% drop in revenue … Read more
Clothing brand Superdry nearly doubled its losses in its most recent financial year as it dealt with the first month of lockdown. The retailer said that pre-tax loss reached £166.9 million in the 12 months ending April 25, up 87% from last year’s £89.3 million loss. It came as Superdry was forced to close all … Read more
Fraud victims are now losing at least £11.5 million a day as scammers seek to cash in on coronavirus, Money Mail can reveal today. Alarmingly, the true figure is thought to be nearer £80 million a day because only a fraction of all fraud is officially reported. Experts warned early on that crooks were attempting … Read more
Virgin Atlantic will axe another 1,150 jobs taking total losses during covid pandemic to 4,700 amid ‘quarantine roulette’ chaos and demands for airport testing By Katie Feehan For Mailonline Published: 12:47 BST, 4 September 2020 | Updated: 12:59 BST, 4 September 2020 Virgin Atlantic has confirmed it could axe a further 1,150 jobs from across … Read more