Analysis reveals a significant surge in takeaway consumption in the UK, outpacing dining at pubs and restaurants. While economists attribute this shift to enduring effects of the pandemic, anti-obesity campaigners raise concerns over its impact on public health. Business Matters delves into the evolving eating habits reshaping the nation’s food landscape.
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Wetherspoon profits jump as Covid recovery continues
Wetherspoon, the pub chain, has experienced a significant surge in profits, marking an eightfold increase, as it continues its recovery from the Covid-19 pandemic.
Hunt set to extend Covid recovery loans by two years
In a significant move to support Britain’s small businesses, Chancellor Jeremy Hunt is set to announce an extension of the Covid recovery loan programme by two years in the upcoming Budget on Wednesday.
Sotheby’s reports near-record $7.9bn in sales as covid sales boost continues
Sotheby’s sold a near-record of almost $8bn (£6.3bn) of art and other collectables last year, including a Pablo Picasso masterpiece of his “golden muse” that fetched $139m.
President Macky Sall leaves Senegal’s economy flourishing, despite Covid and Ukraine war challenges during tenure
Senegal’s President Macky Sall bucked the current African anti-democratic trend when he announced that he will not stand for a third term in the upcoming presidential election, but rather stand down, asking his government to ensure free and fair elections on 25 February 2024.
Millions set to claim disability benefits as mental illness and long covid soars
Two million more people will be claiming disability benefits by the end of the decade as mental health problems help to push the cost to taxpayers up by more than 50 per cent.
Insurer forced to pay thousands of pounds to small firms hit by Covid payout delays
One of the world’s largest insurance companies has been forced to pay thousands of pounds in interest to small businesses whose Covid insurance payout claims were delayed.
Government only pursuing two per cent of Covid fraud tip-offs
Just two per cent of Covid fraud tip-offs are being investigated, the government has admitted.
Rishi Sunak’s ‘eat out to help out’ scheme to come under scrutiny at Covid inquiry
Rishi Sunak’s “eat out to help out” scheme will come under scrutiny at the Covid inquiry on Monday, with the prime minister facing the committee while fighting off increasing hostility from his own MPs.
Overly generous Covid government spending has broken UK job market new report finds
The British economy has been held back by a flight of workers from the jobs market and staff electing to work fewer hours after the pandemic, tied to overly generous Covid government spending, a report has claimed.
Government ‘removes state guarantees from almost £1bn in Covid loans’
The UK government has reportedly removed state guarantees from almost £1bn in Covid-19 emergency loans, pushing potential losses on to banks if borrowers fail to repay them.
Investec and OakNorth embroiled in row over COVID taxpayer loan guarantee
Two British banks are embroiled in a dispute over a COVID loan which could leave taxpayers on the hook for a six-figure sum.
Labour’s would recover Covid fraud billions if elected
A Labour government would create an anti-corruption commissioner to recoup billions of pounds lost to fraud and waste during the Covid pandemic, the party has announced.
UK economy grew faster than Germany and France after Covid
UK business leaders have been urged to follow five key tokens of advice before they implement any new artificial intelligence (AI) programmes or technologies within their organisations.
Sales of Covid tests increased by a third in July, says Boots
Sales of Covid tests have increased by a third this month, while official estimates of the number of people with the virus have also risen.