The furlough scheme closes on Thursday, with uncertainty ahead for people who have not yet fully returned to work. Nearly one million workers were expected to be on the scheme at the end of September, according to research by the Resolution Foundation.more
Wagamama owner The Restaurant Group (TRG) hailed “good progress” over the past half-year as it said very strong trading since reopening venues has seen it upgrade its earnings targets.
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Fewer small and medium-sized enterprises complaining of lower turnover than before the pandemic; the biggest change for the better was recorded by service and trade companies - according to a study for the BIG InfoMonitor Debtors Register.more
The UK economy grew by just 0.1% in July as the last Covid restrictions were lifted in England. It was the economy's sixth consecutive month of growth, but the increase was much lower than in the previous month, which saw 1% growth.more
France will rein in its crisis support measures for companies from the end of September and tailor them to benefit only those companies still struggling afterwards, Finance Minister Bruno Le Maire said on Monday.more
Bargain hunters face slim pickings this Black Friday as many retailers will be forced to ignore the annual fire-sale completely. In the face of rocketing shipping costs, major delays to orders and a nationwide lorry driver shortage, shops face too many challenges to complete the stocking and restocking necessary for the late-November event.more
The owners of restaurants and cafes are angry and despairing about the sanitary pass in force in France from August 9, necessary to enter the restaurant room, and even to the cafe garden.more
The GDP dynamics in the second quarter of this year, which amounted to 10.9%. year on year was the highest ever. The economy made up for pandemic losses and entered the path of rapid growth, inform today analysts from PKO BP.more
In July this year. shopping malls were visited by 5 percent more people than in June; an upward trend can be noticed when comparing also July this year. until July 2020 - informed the Polish Council of Shopping Centers (PRCH). There is a clear interest in traditional trade as well as in entertainment and gastronomy - added.more
The UK economy grew by 4.8% between April and June, according to official figures, as most businesses emerged from lockdown. Data from the Office for National Statistics showed that the expansion in gross domestic product (GDP) was fuelled by retail, restaurants and hotels.more
Deliveroo has said demand for its services has strengthened despite Covid restrictions easing. The food delivery firm saw orders double to 148.8 million in the first half of this year, while the value of its transactions also doubled.more
‘Many thousands’ face losing their jobs as the Government’s furlough scheme is wound down again from today.One in five firms plan to make staff redundant as financial support ebbs away, according to the British Chamber of Commerce (BCC).more
70 percent of non-chain hotels in Paris face closure due to the low number of tourists coming to the French capital during the coronavirus pandemic, according to forecasts by the National Group of Independent Hotels and Restaurants (GNI).more
Boris Johnson has apologised to businesses impacted by a rising number of staff members having to self-isolate due to coming into close contact with a positive coronavirus case.more
The opening of the economy should lead to the return of the pre-pandemic employment level at the turn of the year, wrote PKO BP's comment on today's GUS data.more
The owner of John Lewis and Waitrose is planning to cut 1,000 jobs in stores as part of an effort to cut costs. The John Lewis Partnership (JLP) said it would aim to find new jobs for those losing their store management roles.more
The CEO of Deliveroo has admitted he often poses as a rider to test out the system - and recalled how 'rude' restaurant staff once brushed him off when he complained about cold food.
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As we start to see a further loosening of Covid-related restrictions, businesses and customers alike will hopefully have more reasons for optimism come 19 July. What is clear as we emerge into the next stage is that we have to serve a very different customer landscape than pre-Covid. more
Supermarkets are preparing for a sales bonanza this weekend as Britons get set to spend an estimated £563 million in preparation for the Euro 2020 final.
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The operators of fitness clubs in Poland are demanding compensation for the restriction of their activities during the epidemic - the Polish daily "Rzeczpospolita" reports. more
Amazon's founder and world's richest man, Jeff Bezos, officially resigned his role as CEO of the company today, handing over the position to a close associate of Andy Jassy. Bezos headed the company for 27 years.more
Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded $70 million to restore the data they are holding ransom, according to a posting on a dark web site.more