Boohoo slumps as lockdown fast fashion boom fizzles out

Shares in the Manchester-based firm plunged 15.1 per cent, or 38.7p, to a 17-month low of 217.3p while rivals Asos and In The Style fell 7.4 per cent and 10.2 per cent respectively.
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The Independent | News | UK and Worldwide...
Why Does It Matter That Putin Won't Be Attending COP26?
Vladimir Putin announced on Wednesday that he will not be going to COP26, although the Kremlin gave no explanation for his absence.Putin, the president of Russia, is just one of more than 100 world leaders who were invited to the pivotal UN climate conference which will address the environmental crisis faced around the world.In total, 120 leaders have already confirmed they will be attending.Yet Putin’s presence was considered quite key to the success of the summit. Here’s why.Why does Putin need to be there?Russia was the fourth largest CO2 emitting nation back in 2019. It was solely responsible for producing slightly under 5% of the world’s emissions.Russia is also the second largest foreign oil supplier to the US.Climate Change Tracker, an independent scientific analysis website, has dubbed the country “critically insufficient” in its policies, as it has not put enough money towards to tackling the issue and falls short with its domestic target.Yet the Russian government maintains that addressing climate change is “one of our foreign policy’s most important priorities”.Putin has not directly commented on why he won’t be attending COP26 either, even though he previously stated that he will be taking part. He is still expected to partake in the conference virtually and Russia has promised to still send a strong delegation.Boris Johnson’s spokesperson said the prime minster was urging all world leaders to attend “given this is a very critical moment in terms of tackling climate change”.The UK is therefore expected to be very disappointed at Putin’s absence, especially as it undermines how much change the summit can really implement.Why is this climate conference so important?This conference takes place from 31 October until 12 November.There are hopes that in this time, leaders could negotiate a new deal to halt rising global temperatures at the summit.Approximately 200 nations will be asked to reduce their greenhouse gas emissions by 2030, a huge step which should reduce global warming.It is pipped to be the largest climate talks since 2015, when countries agreed to limit temperature increases during landmark discussions in Paris.This isn’t the first hiccup COP26 has facedNews of Putin’s absence comes amid growing fears about the UK’s climbing Covid rates – Britain now has among the highest number of infections in the world.The Russian president did say on October 13 that the pandemic would play an important role in his overseas travel, although Russia has seen record levels of Covid-related deaths in its own country recently.Morocco has already banned flights to and from the UK as Britain’s Covid infection rates is 40 times higher than its own country, which could spell further trouble for world leaders who were planning to come to the summit in person.Chinese President Xi Jinping is also not expected to attend the climate summit, although there has been no official confirmation from Beijing.Australia’s premier Scott Morrison was not expected to go to the conference, but once the Queen was overheard expressing her frustration towards world leaders who don’t address climate change, he changed his mind.Related...Putin, Pictured On The Right, Celebrates His Birthday With Extremely Russian TweetWhy The Arrest Of A Briton Accused Of Spying For Russia MattersEurope's 'Last Dictatorship' Is Facing Even More Sanctions. Will They Work?
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Absence of key world leaders is blow to Cop26, Cabinet minister in charge of summit admits
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Netflix has ‘much more work to do’ as employees plan walkout over Dave Chappelle controversy
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Metro.co.uk: News, Sport, Showbiz,...
Nigel Winterburn wants ‘lightweight’ Arsenal to return to form they showed in Tottenham win
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Trump Organization under new criminal investigation linked to New York golf club
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New owners ask Newcastle United fans not to wear Arab dress
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London News | London Evening Standard -...
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Manchester Evening News: Number one for...
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Kinzinger says Trump ‘not off limits’ for 6 January committee subpoenas
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Who is attending Cop26?
UK and Italy co-hosting crucial global climate summit in Glasgow
The Independent | News | UK and Worldwide...
Paedophile lured girls into his flat with colouring books and pencils
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Metro.co.uk: News, Sport, Showbiz,...
Home Secretary pledges greater diversity in police forces
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London News | London Evening Standard -...
Domestic horses originated on the steppes before spreading across Europe – study
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London News | London Evening Standard -...
Thierry Henry insists Lionel Messi is not the best player he ever played with
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In-N-Out closes in San Francisco over refusal to enforce vaccine mandate
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TUI issue update to travellers following Morocco flight ban
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Syrian family sue EU border agency over removal from Greece
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Capitol riot: Trump supporters shown beating Officer Michael Fanone under ‘Blue Lives Matter’ flag
‘Get his ass’ yell rioters as Officer Fanone dragged through crowd
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Dani Alves slams Manchester United and Solskjaer over Fred
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Talking Point: Should the Government enact its Covid Plan B?
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London News | London Evening Standard -...
FIFA’s Infantino opens door to barring teams from certain World Cups if two-year plan goes through
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London News | London Evening Standard -...
Prince William and Kate Middleton share intimate pictures from Earthshot Prize
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The Independent | News | UK and Worldwide...
Woman 'knifed abusive husband to death in row over bubble and squeak for birthday'
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Four homes to be demolished and 35 remain out of bounds after Ayr blast
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London News | London Evening Standard -...
World’s deadliest snake ‘that rots organs with one bite’ found in Essex
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'Please don't listen to the despicable anti-vaxxers - go and get your Covid booster'
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GP fears deportation over English test despite caring for 4000 patients in 8 years
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Mirror Online: The intelligent tabloid....
Egypt detains artist robot Ai-Da before historic pyramid show
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Maryland woman tested positive for Covid for 335 days
The woman had been immunocompromised after cancer treatment years earlier
The Independent | News | UK and Worldwide...
Arrest made following erection of gallows outside Houses of Parliament, MPs told
It comes amid fears for the security of MPs after the murder of Sir David Amess.
London News | London Evening Standard -...