Franco Manca owner Fulham Shore has revealed its sales took off after indoor dining in hospitality venues was permitted by the UK government.
It said total revenues in the week following May 17 were around 3 per cent higher on the same levels shown in the same week two years ago, and only 8 per cent down on a like-for-like basis.
In spite of capacity restrictions within restaurants, the firm described the sales performance as very encouraging and is planning to continue expanding its portfolio, having recently opened an outlet in High Holborn.
Strong trade: In spite of capacity restrictions, Franco Manca owner Fulham Shore described the sales performance in the week following May 17 as very encouraging
Cops find UK s biggest illegal Bitcoin mine with stolen electricity generating crypto
Police who thought they were raiding a county lines-related cannabis factory smashed a secret cryptocurrency lab instead, discovering a massive bank of 100 computer units
Police have uncovered a massive illegal Bitcoin mine in the West Midlands (Image: BPM MEDIA)
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In many cases the big four auditors make just as much, if not more, money consulting for companies as they do for auditing their books, creating a potential conflict of interest, according to the Press Association.
The think-tank s report also called for a new audit regulator, an ethical standard aligned with the public interest and an overhaul to accounting rules to ensure businesses cannot pay out more than they earn to shareholders.
But, the think-tank s calls went further than those commonly repeated recommendations in stressing the need for big changes to the internal culture of auditors.
Partners should be paid in a way that rewards the quality of an audit, rather than adjacent commercial aims , the IPPR said. Meanwhile, junior auditors, who are often the first to find difficult issues, should be encouraged to speak up.
Terrible though the Covid-19 pandemic has been, it has presented commercial opportunities for a number of the UK’s smaller listed biotechs, such as Synairgen.
The respiratory drug discovery and development company was the latest to see a share price boost from an announcement related to the treatment of the dreaded coronavirus.
The shares surged 51 per cent after the company said lab tests of its inhaled interferon beta, which is being developed to treat people with severe effects of COVID, have shown potent antiviral activity against two new variants of the SARS-CoV-2.
Terrible though the Covid-19 pandemic has been, it has presented commercial opportunities for a number of the UK’s smaller listed biotechs, such as Synairgen