News

Stay-at-home Brits fuel Just Eat sales: Orders up 32% in first half

Yesterday

The food delivery firm received 257m orders in the first half of 2020, up 32 per cent on last year. That fuelled a 44 per cent increase in revenues, which rose to more than £900m for the period.

MARKET REPORT: Landlord Capco under strain with lockdown

Yesterday

Capital & Counties said it has no idea when trading will return to normal for its restaurant, shop and bar tenants - even though early indicators since lockdown measures were lifted have been promising.

Asos booms in lockdown: Sportswear and fewer returns help sales surge

Yesterday

Shoppers at Asos bought more comfortable sports gear, rather than dresses and suits, meaning that clothes ordered online are more likely to fit. Make-up and skincare products have also been popular.

Lockdown productivity slump was worse than 1974's 3-day week

Yesterday

The ONS said the period between April and June saw the largest fall in productivity on record, including when the three-day working week was introduced by Ted Heath's government in 1974.

Dr Martens kicks back furlough cash as sales continue to grow

Yesterday

The boot retailer, which counts supermodel Gigi Hadid (pictured) among its fans, said it was 'morally right' to return cash it claimed after furloughing staff at stores and its manufacturing site.

Ebay shames Amazon over plan to pass new tech tax onto small firms

Yesterday

Internet shopping giant Amazon, which raked in sales of £750m per day in the second quarter, told firms selling goods on its marketplace that it will hike fees in response to the UK digital services tax.

ALEX BRUMMER: March of the tech titans

Yesterday

The shares of these behemoths now account for 31 per cent of the £25trillion market value of America's 1,000 biggest quoted firms. On a micro-scale, this phenomenon also is evident in Europe.

Mike Ashley's Frasers Group forced to delay results AGAIN

Yesterday

Last year Mike Ashley's Frasers Group shocked the City when it delayed its accounts by a week before a fraught results day, which led critics to call it 'an embarrassment to UK corporate governance'.

Nightmare that stops millions with cladding selling their flats

Yesterday

James Gilham, his partner and one-year-old daughter have been unable to move to their dream home because they cannot get documents to show that the flat they were selling is not a fire risk.

Just Eat Takeaway losses soar despite orders rising by a third

Yesterday

The company saw its total losses climb from €27million in the first half of 2019 to €158million in the respective period this year even though it received 60 million more takeout orders.

Coronavirus: Borrowers paid off £2,000 of debt each in lockdown

Yesterday

The credit reference agency said the amount people owed in non-mortgage borrowing fell from £11,615 to £9,681 between the 23 March lockdown and 8 June.

Customers forced to wait THREE HOURS to talk to their bank

Yesterday

Banking customers unable to visit a branch are being forced to wait hours on the phone, our probe has revealed. It is the latest blow for people struggling to get a basic banking service in the pandemic.

Does RateSetter's takeover by Metro Bank mean the end of casual P2P investing?

Yesterday

Just eight months after RateSetter chief executive Rhydian Lewis (right) said the peer-to-peer industry would be 'stronger', the platform announced it had been sold to one of the banks it hoped to take on.

Child savers missing out on £3m a year as Junior Isa rates are axed

Yesterday

Families poured around £555m into cash Junior Isas last year. But the average rate is now down at 1.91 per cent from 2.46 per cent at the start of the year, according to data firm Moneyfacts.

Fancy being your own boss? Your guide to striking out on your own

Yesterday

The Bank of England revised its unemployment forecast down from 10% to 7.5% but firms continue to haemorrhage jobs and the economy may not recover until next year. Is it time to be your own boss?

The City of London's glory days recalled as streets stay empty

Yesterday

City veteran David Buik remembers what working in London's financial heart was like from the 1960s when he began work and laments the quiet that has descended in lockdown

Sparkling rewards for gold buyers: Covid sparks rush on precious metal

Yesterday

The price of gold hit an all-time high last week, breaking the $2,000 (£1,500) an ounce barrier and meaning its value has risen by more than 35 per cent since the start of the year.

Holidaymakers struggle to find travel money

Yesterday

Debenhams has not reinstated a single travel money desk in its 124 remaining stores. Barclays is not exchanging cash in its branches but is asking customers to order foreign currency to their homes.

It's never too late to start a new career: How you can make the leap

Yesterday

The pandemic has turned the jobs market upside down with previously stable industries on the brink of mass layoffs. But this has also given employees the chance to reassess their career path.

ASK TONY: Van crashed into my wall but insurer wants its money back

Yesterday

A van crashed in to my front garden wall, damaging it and my gate railings. I contacted my house insurer, Churchill, to ask it to claim on the driver's car insurance.

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