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Businesses face four-month delay in getting back to the office due to Covid computer chip crisis

FTSE 100 Rises on Positive Services Data, Corporate Earnings

FTSE 100 Rises on Positive Services Data, Corporate Earnings
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

Anything with a view : Whitbread eyes staycation bump after $1 4 bln loss

Business Anything with a view : Whitbread eyes staycation bump after $1.4 bln loss ReutersPushkala Aripaka 3 minutes read A signage of the Premier Inn Hotel is seen outside the Durham North branch in County Durham, Britain September 22, 2020. REUTERS/Lee Smith Premier Inn-owner Whitbread (WTB.L) reported a 1 billion pound ($1.39 billion) annual loss on Tuesday but said it expects a significant bounce in staycation demand this summer as COVID-19 curbs in Britain are relaxed. Whitbread, which also owns the Beefeater and Bar + Block chains, said revenue for the year to March slumped by nearly three quarters, sending its shares down as much as 3.4% to 3,294 pence.

World computer chip crisis has hit supplies of PS5, cars and phones

World computer chip crisis has hit supplies of PS5, cars and phones Martin Robinson, Chief Reporter For Mailonline © Provided by Daily Mail MailOnline logo The supply of PS5 and XBox consoles as well as electric cars, TVs, laptops, printers and 5G phones could be hit for up to 18 months due to a global shortage of microchips after a Taiwan mega-factory was scuppered by Covid-19, Trump s Chinese trade war and even a natural disaster.  Apple, Sony, Samsung, Epson, Microsoft, Ford, Toyota and Volkswagen are among the huge brands whose products have been delayed or even shelved because of a lack of components.

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