JOBS training for young people and VAT cuts for businesses are among the plans expected to be announced by Rishi Sunak this week. The chancellor will make a summer statement, which has been dubbed the “mini-Budget”, announcing his plans for the next stage of the UK’s economic rec
PRET a Manger is set to permanently close 30 of its shops, putting at least 1,000 jobs at risk. As well as shutting shops, Pret will also reduce staff numbers in all its remaining stores. Pret has been struggling during the coronavirus lockdown with its sales down 74 per cent com
CAFE chain Pret a Manger is set to close as many as 45 of its UK high street stores in a move that would put up to 800 jobs at risk, it has been reported. Pret has been struggling during the coronavirus lockdown with the company already confirming that it’s been losing “tens of m
NAIL salons, swimming pools and gyms are among the businesses that won’t be allowed to reopen this weekend. These venues will remain closed from July 4 despite the government lifting lockdown measures for places like pubs, restaurants and hairdressers. Other businesses that won’Trafford Centre and Lakeside owner Intu collapses into administration but says shopping centres will ...
THE owner of Lakeside and the Trafford Centre shopping centres has collapsed into administration after failed talks with lenders. But Intu Properties says its shopping centres will stay open for the time being despite admitting earlier today that some could close if crunch talksTrafford Centre and Lakeside owner Intu warns shopping centres could close as it’s ‘likely’ to call ...
THE owner of Lakeside and the Trafford Centre has warned that its shopping centres are at risk of closing as it is “likely” to call in administrators. Intu Properties had been in crunch talks with lenders in an attempt to secure breathing space from repaying debt to keep the busi
BARCLAYS, HSBC, Lloyds Bank and Santander have admitted to mistakenly dishing out coronavirus bounce back loans twice to thousands of customers. It comes as some small business owners complain they’re still waiting to get a loan seven weeks after the scheme launched. Under the bo
GYMS and swimming pools could be allowed to reopen from as early as mid-July, the government has confirmed. It comes after pubs, restaurants and hairdressers were among the businesses that were given the go ahead to welcome back customers from July 4. The PM has also announced thList of food chains including Eat and Frankie and Benny’s that won’t be opening all restaurants in J ...
LOCKDOWN has been particularly tough on the UK’s restaurants, with many forced to close for over three months now. Restrictions are easing from July 4, but for some favourite chains such as Frankie and Benny’s, EAT and Carluccio’s the damage has already been done. ⚠️ Read our cor
MORE than 4,000 UK jobs are set to be lost at airport baggage-handling giant Swissport, as its boss warns the impact of Covid-19 is bigger than 2008’s financial crash and the 2010 volcanic ash cloud. The company told staff, which includes baggage handlers and check-in workers, th
SHOE Zone is axing 20 of its stores and has cut jobs after facing losses during the coronavirus pandemic. The discount shoe retailer, which employs 3,500 staff, said 470 of its 490 shops will reopen across the UK by the end of the month, but 20 had closed their doors for good. ⚠️
BEER fans are being urged to book ahead if they want to guarantee themselves a pint when pubs reopen. Prime Minister Boris Johnson has today confirmed that pubs, alongside restaurants and cinemas, can reopen in England from July 4. They’ve mostly been closed since lockdown began
GO Outdoors is on the brink of collapsing into administration, in what would be the latest casualty to hit the UK high street. The move could potentially put 2,400 jobs at risk across its 67 stores. JD Sports, which owns Go Outdoors, has filed a notice of its intention to appoint
Parcel delivery giant DPD is creating 6,000 new jobs in the UK, while B&Q owner Kingfisher plans to take on up to 1,500 workers. DPD says it’s opening more depots in response to the “unprecedented” increase in online shopping caused by the coronavirus crisis. The posts includWhat Cineworld will look like when it opens July 10 with fewer seats – and families must sit togethe ...
CINEWORLD is planning to re-open hundreds of cinemas across the UK on Friday, July 10 – as long as the government gives the go-ahead. To keep customers safe through the ongoing coronavirus pandemic, the cinema chain has introduced a raft of new protection measures. ⚠️ Read our co
DEBENHAMS is opening the doors of 38 more of its stores in England today. This follows the successful reopening of 54 initial locations in England and Ireland on Monday. ⚠️ Read our coronavirus live blog for the latest news & updates The department store has said that the res
Builders’ merchant Travis Perkins is to axe 2,500 jobs and shut 165 stores because of the looming hit to its trade from the recession. The company expects the recession to lead to lower demand this year and next. The 165 stores earmarked for closure are mainly smaller Travis Perk
AS lockdown restrictions begin to ease, lots of us may be looking forward to a relaxing break in a hotel. But social distancing measures remain in place, meaning guesthouses, B&Bs and hotels will be changing the way they operate. ⚠️ Read our coronavirus live blog for the late
A SHOCKING one in five small business owners are unaware of how much money they lose each time they are paid for work. A study of 250 small business owners found four in ten use a payment company to bill clients and customers, but many don’t realise how big a fee is taken from ea
The UK economy is set to be the hardest hit among the world’s developed countries due to the coronavirus pandemic, a leading international organisation has warned. Britain’s economy is likely to slump by 11.5 per cent in 2020 – but it could contract by 14 per cent if there is a s