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Retailers suffer London sales pain as new lockdown looms

Plexiglass screens are installed behind tills at a London branch of Waterstones: PA
Plexiglass screens are installed behind tills at a London branch of Waterstones: PA

Three of Britain’s biggest retailers today laid bare the devastation wrought by the Covid crisis on London trading, giving rise to fresh fears about the impact of a potential second lockdown of the capital.

Bakery chain Greggs, bookseller Waterstones and chocolatier Hotel Chocolat said trading in central London and other city centre locations remains severely depressed compared with suburban and out-of-town locations.

There are growing concerns that a potential London lockdown could further damage trade for non-essential retailers still recovering from three months of forced closure in spring.

Greggs chief executive Roger Whiteside said: “London is already one of the most affected areas with people now travelling in less. If there were then a lockdown to take that actually even lower you might find some London shops are simply not worth opening.”

He added: “It would have

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  • September 29, 2020
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Miami-Dade’s first COVID budget passed without much pain. The problem: Next year

With sales taxes plunging, a hotel industry ravaged and nightclubs closed by emergency law, Miami-Dade commissioners passed a $9 billion budget Thursday night that expands county hiring, preserves services and keeps property tax rates flat.

Before their votes during the online meeting, commissioners warned not to expect such an easy time for next year’s spending plan.

“Those of who stay here are going to face a lot of problems in the future budgets,” said Commissioner Rebeca Sosa, one of six commissioners assured seats in 2021 on the 13-seat board, which is facing historic churn this fall from term limits.

“I am very concerned about next year,” said Commissioner Jose “Pepe” Diaz, who, like Sosa, doesn’t have to leave his seat until 2022. “Nobody is giving a happy face to next year’s budget… We need to continue to tighten the belt.“

It was also the final budget proposed by Mayor Carlos

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  • September 18, 2020
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Save a whopping $340 on the best mattress for back pain

Yahoo Life is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Pricing and availability are subject to change.

Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)
Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)

How’s your back? If you’re like most of us, these last few months of less activity (and more staying in) have meant noticeable aches and pains. Add to that the stress of sleeping on an old mattress and you might find your back in a constant state of discomfort. 

While core exercises are never a bad idea, no amount of Zoom fitness will fix your back if your bed is the root of the problem. Of course now is not the time to visit mattress stores and plop down Goldilocks-style in search of a match. But it IS

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Big data may help BOJ guide economy through pandemic pain

By Leika Kihara

TOKYO (Reuters) – Big data is providing some surprising results for the Bank of Japan and helping ease concerns about pressure on the economy during the coronavirus pandemic, which could influence the way the BOJ manages the world’s most radical monetary stimulus.

By tapping data provided by Google showing people’s movement via mobile phones, the BOJ found that households’ discretionary spending rebounded faster and more vividly in Japan than in other countries after lockdown steps were lifted in May.

Other big data also showed a marked rebound in durable goods sales such as personal computers, which offset some of the weakness in spending on services including leisure, eating-out and travel.

The revelation helped convince BOJ policymakers to conclude the economy has past the worst and did not need immediate, additional monetary support.

“We expect the economy to recover gradually and steadily,” BOJ Governor Haruhiko Kuroda said after

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Got back pain? These are the mattresses for you

Yahoo Life is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Pricing and availability are subject to change.

Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)
Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)

How’s your back? If you’re like most of us, these last few months of less activity (and more staying in) have meant noticeable aches and pains. Add to that the stress of sleeping on an old mattress and you might find your back in a constant state of discomfort. 

While core exercises are never a bad idea, no amount of Zoom fitness will fix your back if your bed is the root of the problem. Of course now is not the time to visit mattress stores and plop down Goldilocks-style in search of a match. But it IS

Read More
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Sale ends soon! Invest in a cooling mattress that relieves back pain, too

Yahoo Life is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Pricing and availability are subject to change.

Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)
Casper has the mattress of your dreams, and it’s on sale for the 4th of July. (Photo: Casper)

How’s your back? If you’re like most of us, these last few months of less activity (and more staying in) have meant noticeable aches and pains. Add to that the stress of sleeping on an old mattress and you might find your back in a constant state of discomfort. 

While core exercises are never a bad idea, no amount of Zoom fitness will fix your back if your bed is the root of the problem. Of course now is not the time to visit mattress stores and plop down Goldilocks-style in search of a match. But it IS

Read More