As a group without an online offer, lockdown hit Primark hard. The first task was to halt the outflow of cash, causing grief with landlords. Almost all the rent backlog and disputes have since been cleared.
Banks caught in crossfire over Hong Kong turmoil: HSBC and Standard Chartered facing threat of US sanctions By Lucy White For The Daily Mail Published: 21:51 BST, 2 July 2020 | Updated: 22:01 BST, 2 July 2020 Pressure is mounting on HSBC and Standard Chartered as the banks find themselves ‘caught in the crossfire’ of … Read more
Fast fashion drives recovery at Primark as crisis costs it £600m with sales for the past quarter plummeting 75% By Daily Mail City & Finance Reporter Published: 21:50 BST, 2 July 2020 | Updated: 22:02 BST, 2 July 2020 Sales at the fast fashion retailer Primark’s stores are recovering well after the Covid-19 pandemic cost … Read more
Restaurants in crisis as more fail to survive lockdown: Café Rouge crashes into administration as Prezzo puts itself up for sale By Hugo Duncan for the Daily Mail Published: 21:51 BST, 2 July 2020 | Updated: 22:02 BST, 2 July 2020 The crisis engulfing High Street restaurants intensified as the owner of Café Rouge crashed … Read more
Cheap travel to help fuel fast recovery at Ryanair: Boss predicts passenger numbers will return to pre-crisis levels by next summer By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 July 2020 | Updated: 22:02 BST, 2 July 2020 Ryanair boss Michael O’Leary described the coronavirus crisis as the worst the airline industry … Read more
Artist hired by King’s Cross for three-month summer exhibition as the area reopens for business By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 July 2020 | Updated: 22:07 BST, 2 July 2020 King’s Cross has launched a three-month summer art exhibition as the area reopens for business. The 67-acre estate, which is … Read more
Donald Trump claims US economy is ‘roaring back’ as firms hire a record 4.8million workers By James Salmon for the Daily Mail Published: 21:51 BST, 2 July 2020 | Updated: 21:51 BST, 2 July 2020 Donald Trump claimed the US economy is ‘roaring back’ as official figures showed firms hired a record 4.8m workers last … Read more
Battle of budget airlines sees Wizz Air do better under lockdown than rival Ryanair with 100,000 more passengers last month Wizz Air opened new bases in Dortmund, St Petersburg, and Bacau in Romania The airline industry has suffered greatly massively from the Covid-19 pandemic Ryanair pilots agreed to have their wages cut by 20% yesterday … Read more
Top housing and pension bosses have written to the Chancellor calling for a new Help to Downsize scheme to boost a property market recovery and put pensioners in safer, more suitable homes. In a letter addressed to Rishi Sunak, leaders from across the housing and retirement industries have pleaded for stamp duty to be waived … Read more
The Royal Mint has urged coin collectors to avoid paying huge sums for common coins on the basis of ‘farfetched’ reports, after a 2016 Battle of Hastings 50p reportedly sold for more than £63,000 online. The 50p was allegedly sold in mid-June after a 41-bid 10-day auction on eBay, and supposedly changed hands for around … Read more