Diageo overcomes Covid-19 slump. | UK Market Update|

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Diageo overcomes Covid-19 slump. | UK Market Update|

Spike in sales, online and shop, helped Diageo overcome the coronavirus slump after it managed a 2 percent increase in sales in the UK.

* Business confidence in the UK falls in January The latest Lloyds Bank Business Barometer data though stated that the confidence is at its second-highest level since May 2020.

* Lidl reports full-year loss The UK unit of Lidl reported a full-year loss after it posted pre-tax losses of £25.2m for the year ended February 29, 2020.

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