Daily Mail & General Trust (DMGT) has posted a 15% fall in revenue in the three months to 31 December 2020.

The owner of the Daily Mail and the Metro said revenue fell to £304m. Advertising revenues decreased by 16% and the group saw print advertising fall by 38%.

Digital advertising increased by 8%.

Looking ahead, DMGT said: “The duration and severity of the Covid-19 pandemic remains unclear at this stage, despite the hope that vaccination programmes will enable lockdowns around the world to be eased over time. Consequently, the short-term outlook for the UK Property Information, Consumer Media and Events & Exhibitions businesses remains difficult to predict, albeit the dynamics outlined in DMGT’s FY 2020 results release on 23 November 2020 remain the same.

“The Board is confident that DMGT’s diversified portfolio is well-positioned to continue to withstand the present uncertainties and that its long-term approach will continue to create value for its shareholders.”

Shares were 0.9% lower at 813p during mid-morning trading on Thursday.

Pets at Home has reported a 18% jump in revenue for the third quarter of 2020.

Revenue surged to £302m whilst like-for-like sales seeing a 17.6% over the the 12 week period from 9 October to 31 December 2020

Based on trading year to date, the group expects full-year underlying pre-tax profits of £77m.

Members of the VIP and Puppy and Kitten Clubs grew by 47%, with members spending around 25% more than non members.

Peter Pritchard, Pets at Home CEO, said: “Against a backdrop of continued uncertainty our pet care model remains robust, with our performance during the third quarter testament not only to the advantages of our scalable omnichannel pet care platform and unique joint venture veterinary model, but also the hard work and commitment of all our colleagues across the Group, to whom I express sincere thanks.

“We entered our final quarter facing renewed challenges in the form of higher COVID infection rates and restrictions on a national level, and our priority remains the health, safety and wellbeing of all of our colleagues, partners and customers.

I am very pleased with the progress we have made in this quarter, in particular how we have adapted to the changing environment in which we operate. We remain as determined as ever to create the best pet care platform in the world, and our strong liquidity gives us the capacity to make the right investments to support our ambition”.

Pets at Home shares are trading +1.58% at 409,58 (1002GMT).

Ross Hindle, retail sector analyst at Third Bridge, commented on the strong Q3 results: “Pets at Home is continuing to benefit from a rise in pet ownership during the pandemic and a growing trend of pet food premiumisation. Growth in high margin pet food has flowed through into pet accessories, as consumers look to humanize and spoil their new 4-legged friends.”

Just hours after being sworn in, Joe Biden is already hard at work reversing Donald Trump’s key policies.

President Biden signed executive orders on issues included halting the travel ban from Muslim-majority countries as well as issues regarding Covid-19, climate change and construction of the wall between the US and Mexico.

A statement from the White House said that Biden “will take action – not just to reverse the gravest damages of the Trump administration – but also to start moving our country forward.”

The President signed many orders around the virus, making it mandatory to social distance and wear masks in federal buildings.

Biden also revoked the permit for the Keystone XL pipeline and asked executives to review all policies that are “damaging to the environment, [or] unsupported by the best available science”.

Commenting on the orders that Biden immediately signed, Wade Henderson, the interim president and CEO of the Leadership Conference on Civil and Human Rights, said: “These executive actions will make an immediate impact in the lives of so many people in desperate need of help. Reversing Trump’s deeply discriminatory Muslim ban, addressing the Covid-19 crisis, preventing evictions and foreclosures, and advancing equity and support for communities of color and other underserved communities are significant early actions that represent an important first step in charting a new direction for our country.”

The inauguration was unlike any before it, with very few people present amid the pandemic. Barack Obama, Bill Clinton and George W Bush were all present at the event. Trump did not attend the event and was the first US President not to attend his successor’s inauguration since 1869.

In his farewell address, Trump said: “What we’ve done has been amazing by any standard.”

In his last few hours as President, Trump granted clemency to more than 140 people.

Cruise operator Saga has said that all customers travelling this summer must be vaccinated.

The over-50s travel firm has seen a spike in bookings since the vaccine began being rolled out. The group will require passengers to have both shots of the vaccine at least 14 days before travel as well as provide a negative Covid test at departure.

“The health and safety of our customers has always been our number one priority at Saga, so we have taken the decision to require everyone travelling with us to be fully vaccinated against Covid-19,” said a Saga spokesperson. “Our customers want the reassurance of the vaccine and to know others travelling with them will be vaccinated too.”

Nick Stace, chief executive of Saga’s travel arm, commented: “Given that many of our customers are in the priority age range and we’ve done calculations based on what government has said, we think shortly after beginning of May almost all of customers will have received a second vaccination.”

The group has delayed tours until 4 May. Saga polled 2,000 customers and found 98% of them in favour of the move. The UK government has said that everyone over 70 in the UK would have had their first vaccination by mid-February.

The move comes as the global airline body Iata called on governments to allow those who had been vaccinated to freely travel. Alexandre de Juniac is the director general and said: “For travel and tourism, testing is the immediate solution to reopen borders. And eventually that will transition to vaccine requirements.”

Over the past six months, Saga has seen its share price fall by over 50%. In the six months to the end of July 2020, the group fell from a profit of £52.6m to a loss of £55m.