Month: <span>May 2021</span>

Compass Group profits slump as Covid keeps office canteens closed
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Compass Group profits slump as Covid keeps office canteens closed

Sales and profits have slumped at the catering firm Compass Group as the pandemic kept canteens closed at factories, offices and schools. Operating profit fell to £290m in the six months to the end of March, down 65% from £817m a year earlier, while revenue was down almost a third to £8.6bn. However, the figures were an...

Man ‘broke victim’s arm’ with baseball bat in south London
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Man ‘broke victim’s arm’ with baseball bat in south London

An image released by the Metropolitan Police in Richmond showed the man they are now hoping to speak with brandishing what appeared to be a baseball bat. Without providing a time, police said the incident in question happened on Upper Richmond Road. They said that the man pictured in the image “allegedly fractured a victims...

HSBC has stakes in firms that plan more than 70 new coal plants
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HSBC has stakes in firms that plan more than 70 new coal plants

A loophole in HSBC’s pledge to phase out financing for coal by 2040 will allow the bank to support companies with plans to build more than 70 new coal plants, which could cause an estimated 18,700 deaths from air pollution a year, according to a report. The bank’s asset management arm, which is not included...

Trade with EU increases but remains below pre-Brexit levels
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Trade with EU increases but remains below pre-Brexit levels

The scale of damage to UK trade with the EU inflicted by Brexit has been laid bare in official figures which showed goods exports to the bloc in the first quarter of 2021 down by 18 per cent compared to the last three months of 2020. Trade with the EU continued to recover from the precipitous collapse in January – when...

Sweden’s lockdown delay cost 2,000 lives, study suggests
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Sweden’s lockdown delay cost 2,000 lives, study suggests

Potentially thousands of lives could have been saved in Sweden had authorities imposed a nine-week lockdown during the early months of the pandemic, a study has suggested. Sweden, notably, chose not to close businesses and restrict movement early on in the pandemic despite pressure from health experts, while other European nations followed that path. Researchers in Germany studying the likely...

Amazon wins appeal over €250m EU tax bill
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Amazon wins appeal over €250m EU tax bill

Amazon has won a court battle against the EU over allegations that the US technology company received €250m in “illegal state aid” tax benefits from Luxembourg. The ruling from Europe’s general court is the latest blow to the EU’s fight against “sweetheart deals” that allegedly allow big multinational tech companies to avoid hundreds of millions of euros in...

Met officer faces no penalty after racially profiling Black man during stop-and-search
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Met officer faces no penalty after racially profiling Black man during stop-and-search

A Metropolitan Police Service officer who was found to have racially profiled a Black driver during a stop-and-search last year will face no penalty for their actions. The Independent Office for Police Conduct (IOPC) launched an investigation after a 27-year-old man was stopped after being observed by officers while driving in Old Kent Road in south London, in May...

Sainsbury’s hires Paula Nickolds to take charge of clothing and homeware
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Sainsbury’s hires Paula Nickolds to take charge of clothing and homeware

Sainsbury’s has hired the former boss of John Lewis Paula Nickolds to take charge of its near £8bn clothing and homewares division, in a move that underlines it ambitions to make its larger outlets feel like department stores. Sainsbury’s said Nickolds, who will join its operating board, would be responsible for the commercial success of its £7.8bn general merchandise...