Primark will repay £121m in furlough cash after ‘record sales’ since reopening this month 

Primark will repay £121m in furlough cash and hand shareholders £49m in dividends after ‘record sales’ since reopening this month Primark will hand back £121 million from government’s job retention scheme Comes despite 17% slump in sales and drop in operating profits to £319 million Company’s 188 stores across UK have been closed for months due to lockdown … Read more

Foxtons sees sales surge while stashing away Government support cash

Foxtons sees sales surge and ploughs money into Boomin – but there’s still no hint of the estate agency returning millions borrowed from taxpayers Foxtons received nearly £7m in furlough support and business rate relief Other rival firms like Winkworths have vowed to repay the Government back Foxtons saw sales revenue rocket by 60% in … Read more

Rolls-Royce sees first quarter sales rise to highest on record

Rolls-Royce Motor Cars sees sales rise to the highest in its 116-year history as well-heeled buyers snap up the luxury vehicles despite the pandemic Luxury car group Rolls-Royce Motor Cars delivered 1,380 cars in the first quarter China market particularly strong and orders for bespoke cars also on the up   By Jane Denton For Thisismoney Published: … Read more

House sales surged in March on back of extended stamp duty holiday

Agreed house sales surged in March as the extension of the stamp duty holiday had an immediate impact on the housing market. Half of property professionals reported an increase in agreed sales during the month.  This marked the strongest rise in agreed sales since August 2020, according to the Royal Institution of Chartered Surveyors.  Cardigan in … Read more

House sales surge after stamp duty extension: Property market soared last month

House sales surge after stamp duty extension: Property market soared last month following Rishi Sunak’s decision to extend the tax break Chancellor’s stamp duty holiday was due to end on March 31 but will end in June The extension meant last month house sales saw the biggest surge since August Tax holiday means buyers pay … Read more

New car sales rebound in March as registrations rise 11.5%

New car sales have grown for the first time in half a year, according to figures published by the auto sector this morning. Almost 284,000 motors were registered in March, which was an 11.5 per cent increase on the same month last year. It’s the first month of year-on-year sales increases since August 2020 and … Read more

Record day for property sales and Rightmove traffic has surged

Home sales hit their highest daily level in a decade this week, as the housing market boom continued apace. The number of property sales agreed on Tuesday 23 March was the highest for ten years, according to analysis by the UK’s biggest home listings website Rightmove. In total, just under 8,000 properties listed on the … Read more

The small businesses breaking sales records thanks to ‘WFH renovating’ and the stamp duty cut

Along with Zoom quizzes, baking banana bread and a constant loop of TikTok videos, home improvements have been on the rise during the course of the pandemic. This is largely a result of more people working from home and having more time to redecorate while being keen to improve their new work spaces. Meanwhile, some … Read more

Chancellor Rishi Sunak delays decision on online sales tax

Chancellor Rishi Sunak delays decision on online sales tax until autumn amid hope of global tax reform By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 March 2021 | Updated: 21:50 GMT, 21 March 2021 Chancellor Rishi Sunak has delayed a decision on an online sales tax until the autumn amid hope of … Read more