Rolling coverage of the latest economic and financial news
Greggs sales lag in cities amid shift to working from home
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Greggs has revealed that its sales in large cities and locations near offices are lagging behind those elsewhere in the UK as a result of the shift to home working. Roger Whiteside, the outgoing chief executive of the...
Business class travel helps post-pandemic airline sales take off
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It was proclaimed moribund, if not doomed, just a year ago. But now, is business class air travel taking off again? British Airways’ owner IAG, forecasting a return to profit this year, said that a strong recovery in ...
The Guardian view on the West End: a perilous business
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Cinderella will not, after all, be going to the ball. The big new Andrew Lloyd Webber musical, with its book by Emerald Fennell, has been cancelled, less than a year into its run. The cast and crew were told the news ...
Three new Covid Omicron subvariants detected in Australia
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Three new Omicron subvariants have reached Australia and health authorities say people who contract the virus should wait three months before getting their next Covid-19 vaccination. Assoc Prof Stuart Turville from th...
Pfizer accused of Covid profiteering as first-quarter sales hit $26bn
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Pfizer has made nearly $26bn (£21bn) in revenues in the first three months of the year, the bulk from its Covid-19 vaccine and new pill to treat the virus, prompting fresh accusations of pandemic profiteering. Covid v...
Olivia Wilde was served papers onstage. It’s no shock to those in the business
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The actor Olivia Wilde was discussing a forthcoming film on stage this week when she received a mysterious envelope, passed across the stage by someone in the front row. The contents, according to various reports, wer...
Sarah Ferguson to replace Leigh Sales as host of ABC’s 7.30 program
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Investigative reporter Sarah Ferguson will replace Leigh Sales as the presenter of ABC nightly current affairs flagship, 7.30, in July. Ferguson, who has been reporting from Washington DC for two years, is a forensic ...