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Tag Archives: sales

Buy to let sales boom as property managers rush to benefit from stamp duty

Landlords behind greatest percentage of BTL purchases given that 2016, according to Hamptons Buy-to-let property owners are signing up with the rush to take advantage of the stamp responsibility holiday, with the proportion of residential or commercial property sales agreed with investors hitting its highest level in 4 years. In …

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Record UK grocery sales after Covid lockdowns fuel early festive

Sales of Christmas turkey and alcohol were up by just over a 3rd in November, states Kantar November was the most significant month ever for UK grocery sales with consumers investing almost ₤ 11bn as the return of lockdown in England drove grocery store purchases of food and alcohol. Sales …

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Outlook for jobs in UK is weakest in Europe, states report

More employers planning to shed jobs than hire in first quarter of 2021 as Covid continues to hit economy The risk of a new year surge in joblessness has been highlighted by a labour market report showing that the outlook for jobs in the UK is the weakest in Europe. …

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Hut Group lifts sales forecasts after bumper Black Friday

The Hut Group has raised its sales projections for the 2nd time given that listing on the stock market in September, after the online retailer established by the billionaire Matthew Moulding took pleasure in strong Black Friday sales. The business expects to earn a minimum of ₤ 50m more than …

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B&Q owner Kingfisher to pay back ₤ 130m of Covid organization rates

B&Q owner Kingfisher has actually signed up with other merchants in returning emergency taxpayer assistance, pledging to repay ₤ 130m it received in organization rates relief. Last week, Tesco, the UK’s most significant merchant, became the first company to state it would return organization rates relief, followed by Morrisons, Sainsbury’s, …

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Companies enjoying profits in UK’s Covid crisis should be taxed,

Services that made fortunes selling PPE during the Covid-19 crisis ought to be taxed to money a ₤ 500 bonus offer for frontline employees who are facing burnout, a thinktank has actually stated. ” Pandemic profiteers”, including the online seller Amazon, which saw sales skyrocket in lockdown, should pay a …

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Primark reports ‘extraordinary’ trading since lockdowns ended

The owner of Primark has actually exposed that the latest wave of Covid-19 lockdowns cost the fashion chain ₤ 430m in lost sales however that it has actually experienced a “phenomenal” dive in sales today because stores were allowed to reopen. The finance director of Associated British Foods (ABF), John …

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More than 500,000 full electrical vehicles sold in Europe in 10 months

Carmakers have sold more than 500,000 battery electric vehicles in Europe throughout 2020, a milestone in a move away from fossil fuels. Sales of all plug-in automobiles, consisting of hybrids, have actually surpassed 1m during the year in the UK and the biggest 17 European markets, according to information looked …

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