Hobbycraft triple sales during coronavirus lockdown

Home schooling and renewed interest in arts and crafts among adults helps Hobbycraft triple sales during lockdown By Daily Mail City & Finance Reporter Published: 00:05 BST, 3 August 2020 | Updated: 00:05 BST, 3 August 2020 Home schooling and a renewed interest in arts and crafts among adults helped Hobbycraft triple sales during lockdown.  … Read more

Huawei becomes top mobile firm with 56m sales

Chinese firm Huawei becomes top mobile firm with 56m sales Huawei shipped 55.8m phones in the second quarter of this year  Samsung’s 53.7m smartphone shipments were a 30% fall on last year By Jamie Nimmo For The Financial Mail On Sunday Published: 22:31 BST, 1 August 2020 | Updated: 23:07 BST, 1 August 2020 Huawei … Read more

Sales of plastic bags plummet 97% to a record low since the 5p charge was introduced 

Sales of plastic bags plummet 97% to a record low since the 5p charge was introduced More than seven billion bags were given out by the biggest supermarkets in 2014 Now typical shopper buys just four plastic bags every year in an incredible drop  Plastic bag charge of 5p was introduced in October 2015 by … Read more

Losses balloon at Aston Martin after sales nosedive

Losses balloon at Aston Martin after sales of its luxury cars nosedive By Daily Mail City & Finance Reporter Published: 22:27 BST, 29 July 2020 | Updated: 22:27 BST, 29 July 2020 Losses ballooned at Aston Martin after sales of its luxury cars nosedived.  The Warwickshire-based group sold 1,770 cars in the first six months … Read more

GSKvaccine sales tumble as patients stay at home

Glaxosmithkline shares fall after drugs giant warns that drop in vaccinations during coronavirus crisis could hurt profits By Matt Oliver For The Daily Mail Published: 22:27 BST, 29 July 2020 | Updated: 22:32 BST, 29 July 2020 Shares in Glaxosmithkline fell after the British drugs giant warned that a drop in vaccinations during the coronavirus … Read more

CBI reports UK retail sales grow just 4% in July

High Street retailers staggered back into growth in July but face a long uphill battle to return to their pre-coronavirus normal, news figures revealed today. Sales for the year to July were up by just 4 per cent as shoppers returned, according to a closely watched survey from the Confederation of British Industry (CBI).  The … Read more

Petrol car sales peaked during coronavirus as consumers shift to EVs

A third of all new cars sold globally will be electric by the end of this decade as petrol and diesel vehicles ‘likely reached their sales peak’ during the pandemic, according to a new industry report. Deloitte says some 31.1million plug-in vehicles will  be bought annually worldwide by the year 2030, with the shift in consumer sentiment … Read more

Selfridges will shed 14% of its staff with loss of 450 jobs after annual sales

Selfridges today told staff it plans to cut 450 jobs – around 14% of its total headcount – as annual sales are set to be ‘significantly less’ than last year due to the pandemic.  The famous department store, which was founded in 1908, said it is facing the ‘toughest year’ in its recent history and … Read more

Chancellor Rishi Sunak mulls taxing online sales to raise £2BILLION

Chancellor Rishi Sunak mulls TAX on online sales to raise £2BILLION for Government coffers and help ‘save the High Street’ One online tax would see the Treasury impose a two per cent levy on online sales Another would see businesses charged for every delivery that they complete  Steps would raise billions for the government and … Read more

Alternative milk: Jay-Z invests in Oatly as sales surge in recent years

In the first few weeks of lockdown, the biggest and only panic we had food shopping-wise in our small household was: we need oat milk. With cupboards and a freezer full of leftovers from supermarket shops past, all we needed were cartons of the cow’s milk alternative to keep us going.   That’s because it’s the … Read more