Hotel Chocolat saw surge in online sales prior to Easter but this failed to make up for damage caused by having to shut shops in face of coronavirus By Daily Mail City & Finance Reporter Published: 22:07 BST, 4 May 2020 | Updated: 22:07 BST, 4 May 2020 Hotel Chocolat said it saw a surge … Read more
John Lewis sales have taken a nose dive after it was forced to shut stores across the country in the face of the coronavirus pandemic. The embattled high street retailer was already facing one of the toughest periods in its history at the start of the year as group profits plunged to £146 million, down … Read more
Italy is staring down the barrel of the worst recession since the Second World War, which could bolster the far-right and damage the country’s love affair with the European Union, analysts say. Much will depend on how Rome handles the easing of the national lockdown, how quickly it manages to get liquidity to suffering businesses, … Read more
Of 30 billion plastic bottles used by UK households each year, only 57 per cent are currently recycled. With half of these going to landfill, half of all plastic bottles that are recycled go to waste. Around 700,000 plastic bottles a day end up as litter. This is largely due to plastic wrapping around bottles … Read more
An increasing number of savers with large pots are turning to platforms as they look to safely spread their money across multiple accounts to benefit from savings protection amid market turmoil caused by coronavirus. Savings platforms Flagstone, Hargreaves Lansdown Active Savings, Octopus Cash and Raisin allow savers to open accounts of different lengths with multiple … Read more
Amazon to add 75,000 jobs and let sellers ship ‘non-essential’ products once again as online orders surge during coronavirus lockdowns Amazon is to expand its hiring plans further to meet rising demand from consumers who are staying home to minimize exposure to Covid-19 Amazon said it had previously hired more than 100,000 workers in the … Read more
A spike in demand for electricity to power the growing network of plug-in cars could cripple the National Grid by 2040, an energy expert has warned today. Mark Sait, chief executive of SaveMoneyCutCarbon believes that if UK electric car sales rise at the same rate as they have across the rest of Europe, it could … Read more
Bank of England governor Andrew Bailey says he will not order printing money to fund a surge in Government spending amid coronavirus battle Bank of England gov Andrew Bailey: world faces a ‘time of great uncertainty’ But he opposes calls for the BoE to print money simply to help the government Banks helping governments to spend raises … Read more
For the second week in a row, markets were braced for a leap in US unemployment figures. And for the second week in a row, jaw-dropping numbers outstripped even the most dire predictions. A record 6.65m Americans filed for help from the US Government last week, up from the previous record of 3.3m the week … Read more
What is the coronavirus? A coronavirus is a type of virus which can cause illness in animals and people. Viruses break into cells inside their host and use them to reproduce itself and disrupt the body’s normal functions. Coronaviruses are named after the Latin word ‘corona’, which means crown, because they are encased by a … Read more