Shepherd Neame: Pubs will be resilient against inflation spike November 9, 2021 Pubs will be resilient against rising inflation, Shepherd Neame CEO Jonathan Neame has said. “I think people are more likely to cut down on big ticket items like houses and expensive holidays. Historically beer and pubs have been pretty resilient,” Neame told CityA.M. Data from Barlcaycard revealed yesterday that Brits had been cutting back on [...]
Coca Cola Europacific Partners hikes guidance in bubbly update November 9, 2021 Coca Cola Europacific Partners (CCEP) has raised its full year guidance on the back of a strong third quarter. CCEP hiked guidance for revenue for the 2021 financial year, expecting comparable growth of 29 per cent to 30 per cent, up from 26 per cent to 28 per cent expected before. Operating profit is expected [...]
London hotels ‘can’t change the bedsheets fast enough’ as staff shortages hold back recovery November 8, 2021 The recovery of London hotels is being held back by staff shortages, with venues unable to change bedsheets quick enough. One London hotel has had to slash occupancy in the week so it has enough staff on board for its popular Saturday night bookings. “They literally can’t change the beds fast enough – is it [...]
Half of all Brits demand to know vaccination status of their dates November 8, 2021 53 per cent of singletons dating in the UK right now believe that they have the right to know whether the person they date has been vaccinated or not. Brits were far more concerned about vaccination status compared with other countries; 36 per cent of people in the USA, 26 per cent in France, 17 [...]
Sir Mark Rylance, Eddie Izzard and Adjoa Andoh save Brixton grocery store from closure November 8, 2021 The owner of an independent grocery store rescued by a charity fundraiser has said she is “completely overwhelmed” by backing from celebrities. Hilary Waterfield, who runs Brixton Wholefoods in south London and set up the appeal, hailed the support received from Sir Mark Rylance, Eddie Izzard and Adjoa Andoh after Covid lockdowns and rent increases [...]
‘Imminent financial ruin’ looms for hundreds of subpostmasters after false accusations November 8, 2021 Hundreds of subpostmasters that were falsely accused of theft, fraud and false accounting due to flaws within the Horizon accounting system face “imminent financial ruin”, as the Post Office and Government are urged to compensate affected workers. Between 2000 and 2014, 736 subpostmasters and subpostmistresses were prosecuted based on information from the Horizon system, installed [...]
JD Sports defends Footasylum boss car park meeting as CMA investigates November 8, 2021 JD Sports has defended reports that its executive chairman met with Footasylum boss amid an ongoing competition watchdog review. The footwear giant’s executive chairman Peter Cowgill met with Footasylum chief Barry Bown, in a car park near Bury in Greater Manchester, this summer, in footage seen by the Sunday Times. JD Sports said in a [...]
Pay and conditions row at Weetabix heats up as workers start four-day strike November 8, 2021 From this morning, hundreds of workers at two Weetabix factories will launch four-day strikes in a dispute over pay and conditions. Members of Unite at the cereal firm’s Kettering and Corby factories have been on strike every Tuesday and Wednesday since September. The union claims engineers face cuts to their pay, terms and conditions, describing [...]
Supermarket fridge doors could save 1 per cent UK electricity use November 7, 2021 Putting doors on fridges in the top five supermarkets in the UK could cut the nation’s total electricity usage by 1 per cent, according to reports. The Environmental Investigation Agency, an international NGO, said supermarkets could save up to a third on their own electricity bills too, according to the BBC which first reported the [...]
Soaring travel agent insolvencies just ‘the tip of the iceberg’ November 7, 2021 Insolvencies of UK travel agents and tour operators have leaped in the last year. Audit and tax firm Mazars said insolvencies jumped 17 per cent from 59 to 69. In July, sector insolvencies rose from one to nine. Experts have pointed to the end of furlough as something that could place additional pressure on the [...]