Fashion chain Ted Baker has revealed a hit of up to £5 million from Brexit as tumbling festive sales also laid bare the toll taken by the pandemic. The group said the expected Brexit bill comes as it faces extra duty and shipping costs following the end of year agreement, which will only be partially offset by new customs warehouse capability. Ted Baker reported retail sales nearly halving in its crucial Christmas quarter, plunging 47% in the 13 weeks to January 30 as the coronavirus lockdowns and restrictions battered trade. It was also knocked by significantly lower numbers of shoppers on the high street when stores were open, as well as plunging demand for its Christmas staples - coats and party wear.
The government has inked a deal with LNG exporters to offer gas to the domestic market first, but manufacturers say it won't deliver the cheap gas needed.
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Shady Knoll Distills Farm-to-Bottle Spirits in the Hudson Valley
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Photos by Shady Knoll Orchards & Distillery
The Millbrook-based distillery and orchard taps into family talents to craft its signature apple brandy, pommeau, and whiskey in Dutchess County.
Is there anything Hudson Valley apples
can’t do?
As glorious as they are scattered across local orchards that are ripe for picking, they’re maybe even better infused into cinnamony cider donuts or brewed into hard cider. Yet that’s just the start of their culinary versatility. After all, for the distillers of the region, apples are coveted ingredients for craft alcohols that bottle local flavor like nothing else.