Google is always a force to be reckoned with, and whilst they are late to enter the market for podcasting, better late than never!
We are excited to have our podcasts running on their google podcasts offering.
UK Lockdown finally ending soon
In today's episode our resident financial expert Adrian Lawrence talks about the long anticipated news today that the UK will finally begin its exit from it's third lockdown. Schools will re-open on the 8th March and non-essential retail including hairdressers and beauty salons on the 12th April.
John Lewis announces store closures
In today's episode Adrian Lawrence talks about John Lewis and their announcement of a further store closure programme. John Lewis is a well respected high street brand in the UK, and unusually it is owned by it's members rather than shareholders.
Move to online sales may be permanent
In today's episode Adrian Lawrence talks about how companies with warehouses they expanded to cope with the surge of online sales during the UK's three lockdowns are now planning to retain them. This is a long term trend which appears to have been accelerated by the pandemic by between three and five years. If this proves to be the case then it means the traditional retail market will have a tough time when the UK returns from lockdown.
Moonpig reports busiest ever week
Moonpig group plc the recently listed greetings card online retailer reported its strongest ever week over the valentines day period. The company now expects its revenues for the year to 30th April to be around double the £173m it reported in the previous year. The shares rose 2.5% to £4.45 in early trading on Thursday.
Barclays announces a bad debt provision of £2.1billion
In today's episode Adrian Lawrence our resident financial professional talks about how Barclays bank is putting aside £2.1billion as a provision for bad debts. The UK and US economies have been badly impacted by the pandemic and the bank now expects a proportion of its lending during that time never to be repaid, as a result it is making a provision in its accounts to cover its expected losses.
Virgin Wines IPO
Today Adrian Lawrence our resident financial expert is talking about Virgin Wines, this is a company that was formerly associated with Richard Branson but was subsequently sold to a management team and private equity houses.
The company is joining the London aim market on 2nd March and is likely to be valued at £100m. As with other recent IPO's the company has traded successfully during the pandemic lockdowns as its business model is digitally based.
Please keep checking back for more episodes we are recording on a regular basis so you can keep up with the latest news and updates from UK companies.
