5 Things You Need To Know, Today, on Tuesday 12th January 2021

Justin Waite
5 Things You Need To Know
06:12, 12th January 2021

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5 Things You Need To Know, Today, on Tuesday 12th January 2021

 

5. Marks & Spencer has announced that it has bought the Jaeger fashion brand, which fell into administration last November.

M&S is taking on the brand, but not Jaeger's scores of shops and concessions.

(Click here to read more)

 

4. Morrisons will bar customers who refuse to wear face coverings from its shops amid rising coronavirus infections.

Sainsbury's also said it would challenge those not wearing a mask or who were shopping in groups.

(Click here to read more)

 

3. The UK economy will "get worse before it gets better" as the country battles the pandemic, Chancellor Rishi Sunak has warned.

The chancellor told MPs the new national restrictions were necessary to control the spread of coronavirus but they would have a further significant economic impact.

(Click here to read more)

 

2. Retailers suffered their worst annual sales performance on record in 2020, driven by slump in demand for fashion and homeware products.

While food sales growth rose 5.4% on 2019, non-food fell about 5%.

(Click here to read more)

 

1. Pre-departure Covid-19 testing will be required for everyone travelling to the UK from 04:00 GMT on Friday.

People arriving by plane, train or boat, including UK nationals, will have to take a test up to 72 hours before leaving the country they are in.

(Click here to read more)

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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