Ikea’s UK business dived nearly £33m into the red last year after it was forced to close stores for nearly three months during the pandemic.
The world’s largest furniture retailer said UK sales fell more than 10% to £1.9bn in the year to 31 August, even though online sales increased by nearly a third.
Ikea admitted that it had struggled to meet demand for home deliveries despite turning stores into distribution centres for online orders during the high street lockdowns:
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Australian airline Qantas to resume international flights from October
Australian airline Qantas is preparing to resume regular international flights from late October, in line with Australia’s projected vaccine rollout.
Both Qantas and Jetstar will plan to ramp up regular services to New Zealand earlier, from July, and continues to consult with the federal government about the reopening of borders.
The airlines will offer unlimited flight changes for tickets on the reduced capacity services.
Qantas is planning to resume flights to 22 of its 25 pre-Covid international destinations including Los Angeles, London, Singapore and Johannesburg from 31 October 2021.
Qantas won’t initially resume direct flights to New York, Santiago and Osaka.
Jetstar will resume flying to all of its 13 international destinations.
The news follows several states shutting their quarantine-free border arrangements to arrivals from New Zealand following community cases this week.
Nearly half of people believe those who lost their job during the pandemic were likely to have been underperforming, a survey has found.
In findings that will raise fears over inequalities in Britain, a study of attitudes by researchers at Kings College London showed a significant minority thought a widening post-Covid income gap between white people and BAME groups would not be a problem.
“This analysis throws up the complexity of people’s view about inequalities,” said Paul Johnson, director of the Institute for Fiscal Studies, which will use the research for its five-year review of inequalities.
“The British public is clearly concerned about some inequalities, but also sets great store by individual responsibility.”
People care more about differences between geographical areas than races, genders and generations, found researchers in the study entitled Unequal Britain.
The findings may suggest widespread support for the “levelling up” agenda espoused by the government as the country attempts to rebound after Covid, the authors said. But it will also raise questions about the popularity of anti-inequality policies focusing on ethnic minorities and women.
Unemployment rose to 1.74 million people this week, its highest level in five years and business shutdowns are disproportionately affecting women and ethnic minorities:
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