Jan 4, 2022
City awaits first details of Omicron impact
Rising infection rates and "In particular the reinstatement of working from home advice" significantly reduced eating out "And specifically deterred the larger Christmas bookings", the company said. While trading for hospitality businesses is likely to make dismal reading, the bigger question is how retailers will have fared through Omicron disruption. Sir John Parker, whose review into boardroom diversity ended last month, has urged FTSE 100 companies to commit to plans to appoint at least one board member from an ethnic minority background before his final report is released. Apple became the world's first $3tn company last night after shares in the tech company rose above $182.86, lifting its market capitalisation above the landmark level. Meanwhile Tesla's shares surged during Monday trading, rising 13.5 per cent after the electric car company delivered a record number of vehicles in the final months of last year.
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