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 – in the latest UK jobs carnage with the tally of layoffs now above 66,000 since the coronavirus crisis began.  The famous department store, which was founded in 1908, said it is facing the ‘toughest year’ in its … 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 – in the latest UK jobs carnage with the tally of layoffs now above 66,000 since the coronavirus crisis began.  The famous department store, which was founded in 1908, said it is facing the ‘toughest year’ in its … 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

Education publisher Pearson reveals drop in sales

Education publisher Pearson reveals big drop in sales due to schools and exam centres closing By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 July 2020 | Updated: 22:05 BST, 24 July 2020 Education publisher Pearson revealed a big drop in sales after schools and exam centres were closed.  Demand for printed textbooks … Read more

Breakdown recovery providers say sales of European cover have DOUBLED

Britons looking to get their fix of sunshine, sandy beaches and sangria this summer are opting to drive into Europe to avoid the risk of using air travel, new data shows. With fears of flight cancellations, travel refund uncertainty and concerns about contracting Covid-19 on planes, many see putting their family into a motor and … Read more