co-op-sales-rise-as-shoppers-stay-closer-to-home

Co-op sales rise as shoppers stay closer to home

Image copyright CO-OP Grocery chain the Co-op saw sales rise in the first half of the year as customers shopped closer to home and ate out less during the pandemic.Like-for-like sales in food, which strip out the effect of new shops opening, increased by 8.8% in the six months to 24 July.Its boss said: "We…
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Next says sales 'more resilient than expected'

Image copyright Getty Images High Street fashion chain Next saw sales fall 34% as it bore the brunt of coronavirus, with wedding outfits and work clothes particularly badly hit.However, business had proven "more resilient than we expected", the firm said.Pre-tax profit was £9m for first half of the year.Next said it was fortunate that half…
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Cladding red tape 'stops people selling homes'

Image copyright Getty Images Young and vulnerable people are stuck with homes they can't sell because of red tape around cladding, a leaseholders' charity says.Many high-street lenders ask for an EWS1 form as proof that cladding is safe but leaseholders say they are struggling to get hold of the form.The Leasehold Knowledge Partnership says cladding…
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Boeing's 'culture of concealment' to blame for 737 crashes

Image copyright Getty Images Two fatal crashes of Boeing 737 Max aircraft were partly due to the plane-maker's unwillingness to share technical details, a congressional investigation has found. It blames a "culture of concealment" at Boeing, but says the regulatory system was also "fundamentally flawed".Boeing said it had "learned many hard lessons" from the accidents.But…
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'Redundancy floodgates' will open without support, warns union

Image copyright Getty Images The Unite union has called on the government to say it will extend its furlough scheme or face "redundancy floodgates" opening in the UK.Many workers can expect a "miserable Christmas" without targeted support for employers, the union warned.The government's furlough programme will end on 31 October.A Treasury spokesperson said the government…
eating-out-scheme-pushes-down-august-inflation

Eating out scheme pushes down August inflation

The UK's inflation rate fell sharply to 0.2% in August as the effect of the Eat Out to Help Out scheme pushed down restaurant prices, figures show.July's figure had been 1%.The cut in VAT from 20% to 5% in the hospitality sector also contributed to the big drop in Consumer Prices Index (CPI) inflation, said…