The owner of Primark said yesterday that the latest lockdown would cost the chain £1.6 billion in lost sales, but it struck an optimistic note about prospects when shops reopen. Associated British Foods, owner of the fast-fashion retailer, said that it had lost £1.1 billion in sales from shop closures in November and December and expected to lose another ...

Around 10% fewer train services should run once the country opens up again, compared to the pre-pandemic timetable, the chairman of Network Rail has said. The old pattern of five days of peak commuter travel may not return, Sir Peter Hendy warned the National Rail Recovery conference. Instead, leisure travel might boost weekend traffic, especially if limits on international ...

About 300,000 property purchases in England could benefit from the three-month extension in the stamp duty holiday the chancellor will formally announce in next week’s budget. The tax saving – which cuts the bill entirely on properties costing between £125,000 and £500,000 and reduces it on homes costing more than that – was announced last summer and is due ...

The number of furloughed workers in the UK rose by 700,000 to 4.7 million in January, during the third Covid lockdown, according to official figures showing employees in hospitality, women and young adults were most likely to be away from their jobs. The figures from HM Revenue and Customs show a sharp increase from 4 million at the end ...

Online booking platform Airbnb has said it is preparing for a “significant” travel rebound as the world emerges from coronavirus lockdowns. However the company said it was still “too early” to predict how the business would fare this year. The company’s revenue dropped 30% last year to $3.4bn (£2.4bn), as Covid-19 restrictions kept many from travelling. That was better ...

About 5,000 jobs are at risk at Asda after the supermarket group launched a big restructuring in response to the rapid rise of online shopping. The chain said that it could close its warehouses in Dartford, Kent and Heston, west London, that are also used by click-and-collect customers. The proposed closure of the “dark stores” will affect 800 jobs, ...

During the last two decades, Python has become really popular among IT experts working on data analysis and scientific computing. 10 years after the release of the IPython library that was meant to make the interactive Python console more scientist-friendly, the IPython Notebook was presented to the world. In just a few years IPython was already supporting more programming ...

So, things are getting serious between you and your significant other and you’re ready for that next big step. After all, nothing says romance like working out your finances together. All jokes aside, and as dull as it might seem, budgeting is an important part of life that allows us to work out our expenditures and stick to targets ...

Are you planning for moving to New Zealand? Are you feeling a bit confused about the main things you need to take care of while making the final move? If yes, don’t worry we are here to help you with the absolute tips. It is always advisable to know about the culture, geographical features, markets, cities, and other facilities ...

Technology is that magic wand powered by our choices and actions, which can unleash the potential of humanity’s inherent goodness, according to CP Gurnani, Managing Director & Chief Executive Officer, Tech Mahindra. Technology has over the years revolutionized the way we live, work, relate to each other and to the external world. The world has already embraced Industry 4.0 ...

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