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 shrunk 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
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
‘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
American and British airlines are begging Joe Biden and British Prime Minister to reopen transatlantic travel to save both economies and reunite families who have been separated for over a year. Multiple airlines penned an open letter with the US Chamber of Commerce last week urging an announcement and on Tuesday, the CEOs of of Delta, … Read more
American and British airlines are begging Joe Biden and British Prime Minister to reopen transatlantic travel to save both economies and reunite families who have been separated for over a year. Multiple airlines penned an open letter with the US Chamber of Commerce last week urging an announcement and on Tuesday, the CEOs of of Delta, … Read more
Barclays says UK plc will grow at fastest rate since 1948 this year as consumers splurge £200BILLION saved during pandemic – but there will be a ‘price to pay’ later Barclays has delivered an upbeat take on the UK’s prospects for Covid recovery Chief executive Jes Staley said growth could be highest since 1948 this … Read more