Shares in Cranswick rose yesterday after the meat producer revealed the lockdown had bulked up its sales. The company, which owns farms and supplies pork and chicken to UK grocers, is emerging as one of the business winners from the coronavirus pandemic. It said sales were turbo-charged by the ‘shift towards greater in-home consumption’ during … Read more
Marks & Spencer has launched a middle-class supermarket price war as it prepares for its products to replace Waitrose’s on the Ocado website next month. Ahead of the September 1 start date M&S has dropped prices to undercut its upmarket rival on thousands of items such as honey roast ham, tinned tomatoes and organic cucumbers. … Read more
Hollywood star Ryan Reynolds toasts a blockbuster payday after drinks giant Diageo buys his gin brand for £465m By Daily Mail City & Finance Reporter Published: 21:51 BST, 17 August 2020 | Updated: 21:51 BST, 17 August 2020 Deadpool star Ryan Reynolds was toasting a massive payday yesterday after the world’s biggest drinks company, Diageo, … Read more
Expansion is on the menu for Ramsay: Celebrity chef plans to open fifty UK restaurants after making a £15m profit last year By Ruth Sunderland for the Daily Mail Published: 21:51 BST, 17 August 2020 | Updated: 21:51 BST, 17 August 2020 Gordon Ramsay’s restaurant empire made a profit of more than £15million last year … Read more
Cell engineering company Horizon Discovery Group hit by lockdown decline in academic research work The firm is headquartered in Cambridge, but makes its products in Colorado CRISPR is a gene-editing technology that could potentially cure genetic defects Horizon’s earnings fell by over 40% in April compared to the same month in 2019 By Harry Wise … Read more
Small businesses face a £22,000 average cost to reopen in full after lockdown – leading one in five entrepreneurs to raid their savings Nucleus Commercial Finance says last few months were turbulent for SMEs Over one in five SME owners have used their own savings to cover costs Implementing health and safety measures is the … Read more
With the UK motor industry’s year hinged on a strong sales performance next month, car buyers can expect to secure substantial discounts on new models. September is always one of the two biggest months for vehicle registrations along with March, as motorists swarm into dealers to strike deals on motors with the latest registration plates … Read more
Amigo Loans gets another extension until December from its own lenders on £250m finance deal The new deal will reduce the facility’s size from £300m to £250m Amigo says the waiver extension will help it understand the impact of Covid-19 Amigo must clear thousands of complaints before watchdog’s October deadline By Angelique Ruzicka For Thisismoney.co.uk … Read more
State pension scandal: Women have bombarded the DWP asking for their payments to be checked (Stock image) A 73-year-old woman who was battling to win more than a decade’s worth of underpaid state pension has been handed £9,800 in a shock blunder by the Government. Kathleen Brennan will not be asked to return the money … Read more
Lockdown mini-boom sees the property market have its busiest month EVER, says Rightmove, with £37bn worth of home sales agreed Rightmove has had its highest monthly sales since it started keeping records It took in £12billion more this July than it did last year despite the pandemic The average asking price for a home was … Read more