Primark sets new sales records as shoppers flood back to its stores

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 shrunk by 1.6 per cent in the first quarter of 2021

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 shares rise as bookings recover strongly after lockdown easing

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 ‘wants City of London to be excluded from G7 tax crackdown’

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

TOWIE’s Tommy Mallet makes Forbes 30 under 30 rich list with £2.5m footwear brand

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

Peacocks fashion chain bought out of administration: 200 stores and 2,000 jobs SAVED

2020 Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on December 2, 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a … Read more

UK minimum wage increases 2.2%, with pay rise for 2m low-paid workers

Pay hike for 2million low-paid workers as minimum wage increases today by 2.2%… more than £300 extra a year for full time staff The National Living Wage rises by 2.2 per cent to £8.91 per hour from Thursday The boost is the equivalent of £345 extra per year for someone working full time The rate … Read more

Covid UK: Hospitality and retail bosses warn against vaccine passports

The South West of Britain leads the ranks in terms of pubs that have outdoor space, with 91.7% falling into that category, followed by the South & South East on 74.8% More than half of Britain’s pubs and restaurants will be forced to remain closed when lockdown restrictions ease because they do not have outdoor … Read more

Tourism chiefs call for extra UK Bank Holiday in September to help attractions

Tourism chiefs are calling for an additional day off in September in a bid to boost visitor numbers to attractions hard hit by the pandemic. Attractions such as museums, theme parks, galleries and stately home struggled in 2020 as coronavirus restrictions forced them to close overnight. Tightening restrictions, a sharp fall in foreign visitors and … Read more

Union Jack-backed Boris Johnson gives first press conference in new £2.6million briefing room

Out with the old and in with the red, white and new! Boris Johnson backed by the Union Jack as he hosts his first press conference in Downing Street’s new £2.6million press briefing room to welcome the latest stage of lockdown lifting Boris Johnson made his first appearance in Downing Street briefing room today came … Read more