Deliveroo has said that orders surged by 114% to 71 million between January and March this year. The chief executive, Will Shu, has said that there still remains a lot to be done....
Tesco has reported a fall in profits, despite a rise in sales. After repaying £535m of business rates relief and £892m of Covid-related costs, the group a 20% fall in profits to £825m....
Boohoo has secured more warehouse space, which will create up to 500 new jobs. The warehouse, in Daventry, will come into use in the second quarter of the financial year.
Asos has posted record profits as sales have boomed over the course of the pandemic. Pre-tax profits reached £112.9m for the six months ended 28 February and revenue rose 25% to £1.98bn.
Lloyd’s of London announced a £0.9bn loss following coronavirus losses. Covid pay-outs will total £6.2bn. The group's net resources grew to £33.9bn in 2020. “Following an extremely challenging year...