- Financial Times: Boris Johnson has argued with NHS leaders over the pace of getting the Covid-19 vaccine up and running as the virus spreads across the UK accelerating.
- The daily telegraph: The end of the stamp duty vacation will make hundreds of thousands of buyers poorer and stall the boom in the real estate market, experts have warned.
- The times: John Lewis yesterday became the first major retailer to shut down its click-and-collect service as stores were pressured to do more to contain the virus.
- Financial Times: British Airways is facing the largest group data breach claim in UK legal history following a 2018 incident that revealed details of more than 400,000 of its customers.
- Financial Times: Mike Pence ruled out invoking the 25th Amendment to remove Donald Trump from office Tuesday night after a senior Republican in the House announced she would vote against the president.
Business and economy
- The guard: The UK economy is at the “darkest hour” due to the recent Covid-19 lockdown which is likely to delay recovery, the Bank of England Governor warned.
- The daily telegraph: Rising public debt could damage global growth as investors tend to put money in government bonds rather than companies, a top rating agency warned.
- The guard: Consumers forced to stay at home due to coronavirus restrictions have maintained their appetite for Lockdown DIY and fueled the festive sale at B&B owner Kingfisher.
- The guard: Hut Group, billionaire Matthew Molding’s recently listed online retailer, has improved its earnings forecast after strong sales of its beauty and sports nutrition brands during the coronavirus pandemic.
- The times: Supermarket group Booths announced that like-for-like sales increased 11.8% year over year in the three weeks ending January 2.
- Daily mail: Online Merchants Hilariously enjoyed a record breaking Christmas as shoppers spurted out during the lockdown and sales jumped 18% year over year to £ 500m.
- Financial Times: Deutsche Post’s DHL Group celebrated an “extraordinary year” when it achieved a record result for 2020 due to a boom in online shopping during the pandemic.
- The times: Brompton Bicycle saw strong trading ahead of the Covid-19 crisis. By April 2020, sales increased 34%.
- The times: Hal Barron, chief scientist and research and development director at GlaxoSmithKline, told investors at the JP Morgan health conference that there were more than ten potential blockbuster treatments in the late stages of development.
- The guard: Morrisons is the first UK supermarket to break the £ 10 an hour wage limit.
- The times: The cost of shipping goods from Europe to the UK has soared this year, adding to the prospect of higher prices for French cheeses, German sausages and other imports.
- The daily telegraph: Netflix increased its original movie releases by nearly a fifth this year, putting pressure on the pandemic cinema industry.
- The daily telegraph: Boeing was knocked down again by arch-rival Airbus. The US aerospace giant delivered just 157 aircraft last year – the lowest number in four decades.
- The daily telegraph: Investors trapped in the failed Woodford Equity Income Fund missed a £ 28 million payday after shares of a stock that sold at a discount rose sharply after a $ 1.5 billion takeover bid.
- The times: Land Securities, one of the UK’s largest real estate companies, has collected less than a third of the rent owed by retailers for the current quarter.
- Financial Times: Commerzbank warned the German financial watchdog at the beginning of 2020 about money laundering risks at Wirecard.
- Daily mail: More than $ 200 billion was wiped off the value of the global cryptocurrency market after Bitcoin’s value fell more than 20% in just four days and alarm bells rang on Wall Street.
Share tips, comments, and bids
- The Daily Telegraph (Questor Tips): HOLD Greggs.
- The Times (Tempus Share Tips): BUY Melrose Industries; BUY Robert Walters.
- Financial Times: Private equity firm Silver Lake is in talks to get involved in New Zealand rugby and is waging a battle for influence in one of the world’s most popular sports.
- The times: Foresight Group announced that it is advancing its plan to join the premium segment of the London Stock Exchange with a listing that could be worth £ 500m.
- The times: Moonpig plans to go public for more than £ 1 billion after the pandemic sparked a sales boom.
- The Guardian (Commentary): Booming British home builders should be the last in line for handouts.
Wednesday Papers: Johnson clashes with NHS chiefs over speed of vaccine adoption