FTSE100 giants Whitbread and Associated British Foods today lined up loans from the government as they handle mass store, hotel and restaurant closures. ABF which owns Primark which shut 186 stores, and Premier Inn owner, Whitbread who had been forced to shut 800 hotels, both said the Bank of England have confirmed they are…
In 2010, Kevin Systrom and Mike Krieger, the co-founders who wanted to cultivate a community of photographers and artisans released a photo-sharing app called Instagram, with one simple irresistible feature. It would make anything you captured through your phone look more beautiful. In less than two years it went mainstream and caught Facebook’s attention as…
Boris Johnson has been moved from intensive care back to the ward at St Thomas Hospital, Downing Street has said. Mr> Johnson has spent three nights in a high dependency unit at St Thomas’ Hospital in London this week having being admitted from late Sunday due to contracting coronavirus. As soon as he was given…
Kishore Mahbubani, a former president of the UN Security Council (Jan 2001, May 2002), a scholar and diplomat with unrivaled access to policymakers in Beijing and Washington, has given us a definitive guide to the deep fault lines in the relationship and assessing the risk of any confrontation, and an honest appraisal of the…
Lamorna Ash’s evocative, lyrical and profound memoir of a Cornish fishing village community in Newlyn, the largest working fishing port in Britain and highlights the meditation on the soul of a place in the face of globalisation. #Twenty-Two-year-old Londoner Ash, found gutting fish is a messy business as she was onboard 79ft beam trawler dipping…
Sales of groceries in the UK in March beat all previous records as shoppers were panic buying and stocked up for a long period at home due to the COVID-19 outbreak. Between 16-19 March 88 per cent of households visited a food store adding up to 42 million extra trips across four days. In the…
Would you believe coffee, the world’s most popular drug is an indispensable part of daily life for billions of people around the world – one of the most valuable commodities in the history of global capitalism? In1896 March, an American graduate did a strange contraption – “ glass cage” in fact a copper chamber, seven…
Bloomberg Businessweek reporter Dexter Roberts in The Myth of Chinese Capitalism, reveals many of the social tensions now threatening to explode in China can be traced to the hukou – a small red passbook that records where a family is officially is registered as living and what benefits it is entitled to. The result is…
Consumers who were worried about contracting COVID-19 have been boosting their immune system by drinking orange juices. Frozen concentrated orange juice, traded in New York, rising 25 per cent to $1.214 a pound since the start of January. US shoppers were stockpiling on the staple, as fears over labour shortage in factories and transportation have…
Self-employed workers can also apply for a gramt worth 80 per cent of their average monthly profits to help them cope with the financial impact of coronavirus the Chancellor Rishi Sunak announced. The money – up to a maximum od £ 2, 500 a month will be paid in a single lump sum but will…