Primark fashions new sales records as shoppers flood back to its stores after lockdown By Daily Mail City & Finance Reporter Published: 22:04 BST, 1 July 2021 | Updated: 22:41 BST, 1 July 2021 Primark has set sales records after post-lockdown demand surged. Several records were set in its stores following the easing of restrictions, … Read more
UK economy shrank by 1.6 per cent in the first quarter of 2021 – more than previously thought – as lockdown restrictions hit hard but household savings surged to record levels UK GDP estimated to have shrunk by 1.6 per cent in the first quarter of 2021 That is slightly higher than the initial estimate … Read more
Trainline on track for recovery: Ticket bookings bounce back strongly after lockdown easing – but sales are still only half pre-pandemic levels UK net ticket sales of £334m in quarter to end of May, half of £481m in Q1 2019 At the end of May, UK sales were at around 70% of the levels of 2019 … Read more
Rishi Sunak ‘is pushing for the City of London to be excluded from new global tax crackdown’ despite leading G7 efforts to make big firms pay more G7 finance ministers agreed plan last weekend to introduce global tax changes Plan designed to make big firms pay their fair share of tax where they operate But … Read more
UK’s foreign aid spending falls by £712million to £14.5billion due to the impact of the coronavirus pandemic, the first time it has gone down since the global financial crisis in 2007 International aid spending stats for 2020 show it declined by £712m to £14.5bn Figure linked to UK economic prosperity, battered by Covid shutdowns last … Read more
UK’s foreign aid spending falls by £712million to £14.5billion due to the impact of the coronavirus pandemic, the first time it has gone down since the global financial crisis in 2007 International aid spending stats for 2020 show it declined by £712m to £14.5bn Figure linked to UK economic prosperity, battered by Covid shutdowns last … Read more
Co-op vows to repay £15.5m furlough cash it received during lockdown as its annual profits more than double to £77m – but it won’t hand back £66m business rates relief Supermarket chain confirmed it will repay Government’s £15.5m for furlough But they confirmed they would hold onto £66m it secured in business rates relief News … Read more
He left school due to school due to dyslexia with no qualifications and spent three years working as a carpenter. But reality TV star Tommy Mallet from The Only Way Is Essex has now made it onto a Forbes list of influential entrepreneurs after making millions of pounds through his successful footwear company, Mallet London. … Read more
AstraZeneca‘s share price has slumped by one per cent after UK health chiefs said Britons under 30 should not take its vaccine. The British-Swedish pharmaceutical firm, based in Cambridge, suffered a blow to its jab this afternoon following mounting evidence linking it to rare blood clots. The company’s shares were trading at 7.110 points on Tuesday … Read more
The boss of collapsed finance company Greensill boasted to staff about the firm’s ‘enormous liquidity’ just three weeks before it collapsed and became embroiled in a political scandal. Australian financier Lex Greensill, 44, reassured staff in an internal video on February 15 – audio of which has been obtained by the FT – of the … Read more