Teletext Holidays and Alpharooms cease trading as customers owed refunds January 7, 2022 Travel firms Teletext Holidays and Alpharooms have collapsed into liquidation as thousands of customers are still owed refunds. According to a report in The Sun, parent company Truly Holdings, has ceased trading, the government’s insolvency database shows. Some 4,000 consumers are thought to be impacted by the collapse, according to MoneySavingExpert. Thousands of customers complained [...]
Car seller Lookers anticipates record yearly profit despite vehichle shortages January 7, 2022 New and used car seller Lookers has said it expects record underlying profit before tax ahead of company compiled market consensus of £82m for 2021. In an update on Friday morning, the firm noted a strong balance sheet, with net cash of approximately £8.0m as at 31 December 2021, compared to £40.7m net debt in [...]
Body of young Londoner who vanished after night out at Heaven night club in Embankment found in river Thames January 7, 2022 The body of 20-year-old Harvey Parker, who was missing, has been recovered from the River Thames, the Metropolitan Police have confirmed. The force was alerted to reports of a body in the Thames near Embankment, central London, by the Royal National Lifeboat Institution at 11.51am on Tuesday. Parker was last seen on Friday after leaving [...]
Retailers’ hopes for Christmas boost dashed as Omicron fears discouraged shoppers January 7, 2022 Hopes for a Christmas that would see high streets near pre-pandemic levels of trade were dashed last month as Covid fears discouraged shoppers. While England enjoyed a festive period free of restrictions on social gatherings once more, high streets marked a footfall decline of 23.1 per cent last month, compared to 2019. This was 3.5 [...]
Shares in Dr. Martens fall as key shareholder steps away January 6, 2022 Shares in Dr. Martens were down 11 per cent on Thursday afternoon after its largest shareholder sold a stake in the footwear giant. Private equity group Permira Funds sold 65m shares, a year after it brought the bootmaker to market. Permira, via its Luxembourg-based IngreLux fund, sold its shares at a price of 395p for [...]
London-listed Kakuzi issues profit warning on poor avocado harvest January 6, 2022 Food producer Kakuzi has issued a profit warning to shareholders today due to a poor avocado harvest and stiff competition among European buyers. Total earnings for the year to December 31 will be at least 25 per cent lower than last year’s profits, the Kenya-based company said in a statement. Chairman Nicholas Ng’ang’a explained that [...]
Human case of bird flu in UK: WHO notified about extremely rare case of bird to human transmission of avian flu January 6, 2022 The UK Health Security Agency (UKHSA) has confirmed a case of avian influenza in a person in the South West of England. Bird to human transmission of avian flu is extremely rare and has only occurred a small number of times in the UK previously. The person acquired the infection from very close, regular contact [...]
Combination of Covid, Brexit and transition towards net-zero economy to end decades of declining ‘job churn’ in UK January 6, 2022 Decades of declining “job churn”, which has meant fewer risks and opportunities for workers, is likely to be upended in the decade ahead as the combination of Covid-19, Brexit and the transition towards a net-zero economy brings about major changes in the UK economy, according to a new report. In fact, the view that robots [...]
Booster jabs to be made entry requirement for large venues January 6, 2022 Booster jabs may be made a condition of entry for large venues and for quarantine free international travel, it has been reported. Ministers have discussed plans to make a third Covid vaccine dose a requirement for Covid certification, according to The Times newspaper. It comes as almost 200,000 more Covid cases were reported in the [...]
B&M revenue up on pre-Covid levels as retailer plots more UK stores January 6, 2022 Discount variety goods retailer B&M has posted boosted revenue compared to pre-Covid levels and hiked its earning expectations. The firm said revenue was up 14 per cent compared to pre-pandemic third quarter comparatives, for the 13 weeks from 26 September 2021 to 25 December 2021. In a trading update for the third quarter posted on [...]