SSE – taken over by Ovo earlier in the year – will pay £1.2m to the energy watchdog after the supplier failed to meet its smart meter installation targets in 2019.
The recovery from one of history’s sharpest stock market crashes in March has in many ways been more remarkable than the fall.
Customers stuck at home have bought more skincare and hair products, but the closure of offices and postponed parties mean make-up and perfume brands have floundered.
Frasers Group – formerly Sports Direct – placed 18,000 staff on furlough as the lockdown forced it to shut down its shops in late March. But it has revealed it made an annual profit of more than £143m.
The Retail Price Index directly affects the finances of millions as it is used as a peg for pensions, investments, rail fares and interest payments on student loans.
Minutes from the Federal Reserve’s July meeting showed policymakers warning of an uncertain bounce-back from the pandemic, which has hammered economic growth.
The FTSE 250 retail business revealed it paid Michael Murray, who is married to Anna, Ashley’s eldest daughter, another £4.3m this year for finding property for the business.
Worker footfall in cities was still just 17 per cent of pre-lockdown levels during the first two weeks of this month, despite guidance giving businesses the freedom to summon staff back to the office.
Lookers said it was ‘no longer possible’ to provide numbers by the end of August as it needed more time to investigate potential fraud. And PwC is delaying its own full-year results until next year.
They have done so well with their delivery operations that shoppers have got the taste, and are unlikely to give up the habit any time soon. Research suggests the shift online is irreversible.