View this article here. Good morning: Shares in Reckitt will be in focus today after the consumer goods giant revealed that it would take a £2.5 billion hit on the sale of its struggling baby formula business in China. Reckitt is selling the business to the private equity firm Primavera for $2.2 billion, well below the
View this article here. Easing lockdown restrictions has lifted consumer confidence to its highest level since before the EU referendum, a survey suggests. Household sentiment hit a score of 113.6 points last month, according to a gauge of the Centre for Economics and Business Research and YouGov. This was the highest reading since April 2016.
View this article here. The European football championship is expected to give the economy a £143 million kicker as fans pour into pubs to watch games. The competition, which begins on Friday, is being staged across Europe. Wembley, in London, will host eight games, including the final on July 11, while Hampden Park in Glasgow hosts four.
View this article here. EXCLUSIVE: England and Scotland will go head-to-head at Wembley Stadium on Friday, June 18 in the second group game of the Euro 2020 tournament – but one side have already won the battle of the hotels. The Three Lions head into the Euros next week already one down against Scotland –
View this article here. Experts at the Historic Classic and Vehicle Association (HCVA) have warned classic car emissions are a “widespread misconception”. Instead, the HCVA says policymakers must have “all the facts” before making decisions which could affect owners. The HCVA said they would work hard to endure the facts were “properly understood”. They said:
View this article here. Mortgage lending fell from record highs in April, but the government’s decision to extend stamp duty relief is refueling the market, figures from the Bank of England show. Banks lent £3.3 billion to homebuyers in April, down sharply from the record £11.5 billion in March. Economists had forecast a drop of
View this article here. THE cost of cyber attacks on businesses across the UK is an eye-watering £34 billion annually, according to research by the Centre of Economics and Business Research (CEBR). It’s a sobering figure and one that acts as a reminder to companies of all sizes of the importance of cyber security and
View this article here. A Heathrow spokeswoman said: “Red list routes will likely be a feature of UK travel for the foreseeable future as countries vaccinate their populations at different rates. “We’re adapting Heathrow to this longer-term reality by initially opening a dedicated arrivals facility.” She told the BBC that while opening the facility would be “logistically
View the full article here. According to a recent report, the UK is set to miss out on billions of pounds of spending from passengers arriving into Heathrow if the green list is not extended as part of an upcoming travel review. Economic forecasting group the CEBR said its research suggested that business and leisure
View this article here. Heathrow airport has once again called for the government’s “green list” to be extended later this week, stating that failure to do so will see the UK “missing out on a multi-billion-pound economic boost”. The airport cites new research from the Centre for Economics and Business Research (CEBR), which shows that
View this article here. The 58-year-old office manager travelled to London with her two sisters and their children. Yet Vera and her family are not alone. Thousands of people are taking similar flights, part of a migration wave that has shocked even those who have made it their business to assist Hong Kong citizens to
View this article here. Britons will splash out an extra £836million next week as the nation toasts a return to indoor eating and drinking for the first time this year. Hospitality businesses have reported a surge in bookings and pubs said they expect to serve three million pints on Monday alone. The milestone will mark
View this article here. A very early official estimate of the UK population suggests it was 67.1 million in mid-2020, up by 300,000 on 2019, and the smallest percentage increase since 2003. There was a net outflow of people when the pandemic struck and, of course, the significant loss of life. It was originally thought that the
View this article and listen to the podcast here. Ian King speaks to the Chief Executive, Centre for Economics and Business Research about the UK economy, after latest figures showed it shrank 1.5% in the first quarter of this year. He’ll find out why the boss of one of the world’s biggest travel group’s putting
View this article here. The UK’s personal wealth has bounced back to its highest levels since before the pandemic began, but our happiness and health have plummeted, according to new figures that track the interplay between our emotional and financial sentiments. Unsurprisingly, the health, wealth and happiness of the UK population reached their lowest levels