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Family restaurants boosted by unexpected Covid side-effect - Vimarsana News

Family restaurants boosted by unexpected Covid side-effect

From Monday, pubs and restaurants will be allowed to serve alcohol indoors in all areas of Scotland, apart from Moray and Glasgow, until 10.30pm. Cate Devine finds out how the pandemic has helped some independent family restaurants seize the initiative from the big chain restaurants RESTAURANT chains come and go in normal times but the effects of Covid-19 have been exceptionally devastating for hospitality. Some of the best-known restaurant groups are feeling the pinch or facing closures and redundancies. As more people worked from home in a bid to contain the spread of the virus and many...

Wood Group axes final dividend as oil service firm swings to loss : CityAM - Vimarsana News

Wood Group axes final dividend as oil service firm swings to loss : CityAM

Engineers Wood Group this morning said it would not pay a final dividend after falling to a £228m loss in 2020.

Source: cityam.com
Shell suffers major loss as pandemic hits oil demand - Vimarsana News

Shell suffers major loss as pandemic hits oil demand

Oil giant Royal Dutch Shell has swung to a $19billion (£14.5billion) annual loss as the pandemic hammers global demand for oil. Profits fell by 87 per cent to around £289million in the final three months of 2020, against over £2billion the previous year.  But, Anglo-Dutch Shell has vowed to hike its dividend for investors, and said it would up payouts by 4 per cent to 17.35 cents a share in the first quarter of this year. Oil giant Royal Dutch Shell saw its profits in the final three months of last year slump by 87 per cent Michael Hewson, chief analyst at CMC Markets UK, said: 'Whichever...

Shell posts $21bn loss as coronavirus sends oil industry into the red : CityAM - Vimarsana News

Shell posts $21bn loss as coronavirus sends oil industry into the red : CityAM

Shell posts $21bn loss as coronavirus sends oil industry plunging into the red The oil market was decimated in 2020 as a result of the coronavirus pandemic, with prices hitting historic lows. (AFP via Getty Images) Shell this morning posted a $21.6bn (£15.9bn) full year loss as the full costs of the coronavirus were laid bare. The loss marked a massive swing to the red for the oil giant, which made a $15bn profit in 2019. However, speaking to reporters this morning chief executive Ben van Beurden promised a “much more fulsome recovery” in 2021. And the firm said it plann...

Source: cityam.com
Tax deductions for camping and caravan holidays urged to prop up tourism industry - Vimarsana News

Tax deductions for camping and caravan holidays urged to prop up tourism industry

Caravan industry says border closures have hit Australia’s tourist destinations hard and recommends tax deductions rather than travel vouchers