LATEST BUSINESS NEWS

A pile of potatoes

Phone dropped in custard and potato-damaged car among bizarre insurance claims

Jobs lost

Retailers shed 176,718 jobs in 2020 after virus deepens high street woes

Wagamama

Wagamama launches Veganuary menu and meat-free pledge in face of pandemic woes

City of London stock

FTSE 100 records worst year since 2008 financial crisis

Scotsman sign

Yorkshire Post and Scotsman owner JPI snapped up in £10.2m deal

British Airways

British Airways secures £2bn loan facility to be ready for recovery in demand

Coronavirus – Wed Dec 2, 2020

Primark owner to face £650 million sales loss after more stores close

Savings

Most savers opening new accounts in 2020 ‘opted for online-based deals’

Morrisons

Morrisons set to unveil bumper Christmas as restrictions buoy grocery sales

Housing

Troubled estate agency Countrywide agrees to takeover by rival Connells

Retailer

Consumer spending down 7.1% in 2020 but some sectors saw growth, research finds

Aerial view of rows of houses

Countrywide agrees to takeover by rival estate agent Connells

Lorries leaving a ferry in Dover

What post-Brexit issues do UK businesses face?

View of Windsor

Average UK home added nearly £28 per day to its value in 2020, analysis finds

Mel Smith Ocado Retail

Ocado Retail boss Mel Smith made CBE in New Year Honours list

Former Tesco chief executive Dave Lewis

Former Tesco boss Dave Lewis knighted after turning around grocery giant

Kate Nicholls

UKHospitality chief Kate Nicholls made OBE for speaking up for troubled sector

Markets

London markets retreat despite vaccine approval and Brexit deal