News And Announcements
22 Sep
Strong second quarter recovery sees Kingfisher profits rise
Kingfisher reported a “resilient” first half performance on Tuesday, with its sales falling 1. 1% at constant currencies to £5. 9bn, reflecting the impact of Covid-19 in the first quarter, partially offset by a “strong” recovery in the second quarter.
22 Sep
Beazley expects Covid-19 claims to double to $340m
Beazley said on Tuesday that Covid-19 claims are set to be twice what it previously expected, mainly due to event cancellation losses.
22 Sep
Whitbread to cut 6,000 jobs as Covid-19 batters sales
Hotel and restaurant chain Whitbread said it was cutting 6,000 jobs after suffering a slump in trading due to the coronavirus pandemic.