Ocado has reported booming sales at its online grocery service as shoppers switched to supermarket home delivery services during the Covid-19 pandemic. Retail sales at Ocado, which now delivers Marks & Spencer groceries, jumped 35% to £2.2bn in 2020, but the overall group, which includes
White goods will be guaranteed to last longer for Britons under new Government plans that make appliance parts available for at least seven years. The news comes after there were huge concerns over the environmental impact of throwing away broken appliances. The
A pain-free departure of a visionary founder is a difficult trick to pull off for any business. The stakes are even higher for a company the size of Amazon, as Jeff Bezos steps back from his day-to-day management role. The decision by Bezos, 57,
Cadbury has launched various different new items in recent weeks including new Easter eggs and a new chocolate bar. The most recent addition to the brand is the Dairy Milk Brownie Bites. Easter eggs have already started hitting the shelves with still
Sir Philip Green’s family is likely to receive £50m from the sale of Topshop while more than 1,000 suppliers to the high street fashion chain are set to get less than 1% of the money owed to them. A report by administrators
UK retail sales fell at their fastest pace on record last year as shops were ordered to close to slow the spread of Covid-19. Sales were down 1.9 per cent on 2019’s level with increased online purchases unable to make up for lost
The Chinese billionaire Jack Ma has made his first public appearance since Beijing began a crackdown on his business empire. Ma, a celebrity businessman and one of the richest people in China, had not spoken publicly since regulators blocked the flotation of Ant
Hundreds of thousands of small businesses that were forced to close during the Covid-19 pandemic are expected to receive payouts on insurance claims worth more than £1bn after what was described as a “historic victory” at the supreme court. The Financial Conduct
The boss of Unilever, one of the UK’s biggest companies, has said his office workers will never return to their desks five days a week, in the latest indication that coronavirus will transform modern working life. Alan Jope, the chief executive of the
Savers who have lost track of pension and investment funds will have their money used for charitable causes that could aid Covid recovery efforts under government plans to expand its dormant asset scheme beyond bank accounts. The Reclaim Fund was established in
Shares in London have closed at their highest level since late February as investors ignored record Covid-19 deaths and warnings from a veteran City guru that an epic bubble of Wall Street crash proportions was bound to burst. Stock markets around the
The Co-op is to launch a range of own-brand plastic-free teabags nearly three years after it first pledged an eco-friendly version of the nation’s favourite brew. Mass-produced teabags became an unlikely target in the fight against the global plastic binge, after it emerged that the industry-wide
