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: 22:06 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
Jubilant Britons today celebrated in style as they quaffed champagne in a classy breakfast toast to lockdown freedom. One pair clinked glasses of bubbly in upmarket The Ivy in Soho, London, as they marked ‘Freedom Day’ in England. The posh toast came as pubs, bars and restaurants were finally given the green light to reopen … Read more
Supermarket bosses are set to meet with government in ‘coming days’ to call for the end of mandatory mask wearing and social distancing in stores as country eases out of lockdown Supermarket and chain store bosses are in ‘crunch talks’ with the government They are calling for scrapping of masks in stores and one metre … Read more
Amanda Wakeley fashion label loved by Duchess of Cambridge, Meghan Markle, Princess Diana and Theresa May fails to find buyer and collapses into administration after flagship Mayfair store was shut by Covid lockdown Amanda Wakeley fashion label has been plunged into administration after struggling during pandemic Fans of the brand include The Duchess of Cambridge, … Read more
Britain’s economy will bounce back from Covid-19 like a ‘tennis ball’, putting the country at the top of the G7 growth league, a Bank of England boss says today. Chief economist Andy Haldane says the UK’s recovery will be so strong that as many new jobs could be created as lost this year, meaning ‘little … Read more
One of London‘s oldest shops that has been trading for nearly 500 years is to shut up shop for the final time after being hammered by the coronavirus lockdown. Sailing equipment shop Arthur Beale will be closing its doors on Shaftesbury Avenue in London’s West End on June 24th as the business moves permanently online. … Read more
‘Expand green list or cost UK £19bn’: MPs call for more countries to be added to register of ‘safe’ travel destinations to boost economy as we move out of Covid lockdown Study group predicts international tourism revenue will plummet to just £1.1bn It pales in comparison to the £20.2bn pre-pandemic for June, July and August … Read more