ARGOS Christmas deliveries are being threatened by a drivers’ strike. UPS workers at the retailer’s distribution site in Barton, Staffs, voted overwhelmingly in favour of striking in a long-running pay dispute, the Unite union said. Dozens of shunter and HGV drivers at the site h ▶️ Read more ◀️
SELF-EMPLOYED workers could find themselves facing hefty tax bills if Labour win the general election later this month. Even though Jeremy Corbyn has promised that only the richest five per cent of workers will face higher bills, new analysis shows that self-employed workers earn ▶️ Read more ◀️
ENERGY giant Npower has revealed restructuring plans, which union sources fear will lead to the loss of up to 4,500 jobs and the closure of a number of call centres. Back in January the supplier announced plans to axe 900 of its then 6,300 strong workforce. And it’s though furthe ▶️ Read more ◀️
CLARKS could be the latest high street chain to make store closures, as it brings in management consultants McKinsey & Co to help with restructuring. The shoemaker, which has 553 shops in the UK and employs nearly 12,000 people, said in its annual report that a meaningful num ▶️ Read more ◀️
MAMAS & Papas is closing six loss-making stores in a type of administration – just days after rival bigger Mothercare went bust. The nursery products brand has made 73 staff redundant with immediate effect and has put 54 further jobs at risk within its head office. The retail ▶️ Read more ◀️
MATERNITY and babywear seller Mothercare is the latest retailer to fall victim to challenging high street conditions. Here’s what we know about the chain’s changing fortunes – and which stores are set to close in the UK. Why is Mothercare going into administration? Mothercare has ▶️ Read more ◀️
WHEN three university friends set up their protein bar, powder and shakes business back in 2007 they thought they’d spotted a gap in the market for healthy snacks. Twelve years later, their company, Pulsin, made £8.8million in the 2018/19 financial year and is expected to turn ov ▶️ Read more ◀️
OVER 2,500 staff at Mothercare have been left in limbo as the retailer has appointed KPMG to assess its options. The baby and maternity-wear seller is looking at contingency plans that could include further store closures or a restructure. The Mothercare Group has been trying to ▶️ Read more ◀️
THE owner of hairdressing chain Supercuts has gone into administration putting 1,200 jobs at risk. Deloitte says it’s been appointed as an administrator for Regis UK and International Beauty Limited. Regis UK operates around 220 hairdressing salons around the UK, primarily under ▶️ Read more ◀️
A GROWING thirst for flavoured gins and craft spirits has sparked a surge in new distilleries, according to a new report. Research by law firm RPC suggests the number of distillery businesses in the UK increased to 205 in 2018, up from 170 in 2017. Although these figures do not d ▶️ Read more ◀️
THE value of the pound has taken a tumble this morning against the euro and the dollar as Brexit talks hit a “standstill”. Sterling stood at 1.157 against the euro this morning, before slipping to 1.150, although it has recovered somewhat to 1.156 at the time of writing. This mea ▶️ Read more ◀️
TWO former Thomas Cook bosses have launched a fundraising campaign to help thousands of staff facing financial troubles after the recent collapse of the holiday company. So far, £50,000 has been pledged to the campaign, and the organisers say that they are hoping to reach at leas ▶️ Read more ◀️Links of London becomes latest high street chain casualty as jewellery store plunges into administra ...
JEWELLERY store Links of London has become the latest high street retailer to plunge into administration. Customers have been warned the firm is no longer fulfilling online orders or accepting gift cards as 350 jobs have been put at risk. The retailer has appointed Deloitte as ad ▶️ Read more ◀️Pizza Express debt: fears chain could be next to go into administration as it ‘brings in emergency a ...
PIZZA Express has reportedly hired advisers to help fix its debt bill, sparking fears that it could be the next chain to collapse. The restaurant chain ended last year with a whopping £1,122.5million debt after a pre-tax loss of £55million, according to its latest annual report. ▶️ Read more ◀️
DAVE Lewis, the boss of Tesco, is leaving the supermarket giant after five years, declaring its turnaround complete. He is one of three top bosses on the move in the business world. City veteran Martin Gilbert is to leave Standard Life Aberdeen after nearly four decades with the ▶️ Read more ◀️Thomas Cook given ‘clean bill of health’ by accountants before travel firm’s collapse which left 150 ...
THOMAS Cook’s auditors EY are to be investigated as to why they signed off the last set of accounts for the travel firm prior to its collapse. The failure of the travel giant last week left 150,000 British holidaymakers stranded, while thousands of workers have gone unpaid. The F ▶️ Read more ◀️Neil Woodford could be axed by Patient Capital as the investment firm loses a fifth of its value in ...
FALLEN fund manager Neil Woodford has suffered a new blow as the listed trust that bears his name considers ditching him as its manager. The board of the Woodford Patient Capital Trust said it was speaking to other fund managers to potentially replace Mr Woodford, a process that ▶️ Read more ◀️
WONGA borrowers have just ONE day left to claim compensation for extortionate loans, so we’ve rounded-up everything you need to know about submitting a complaint. The payday lender went into administration in August 2018 after being dogged by mis-selling complaints. At the time, ▶️ Read more ◀️
BUDGET supermarket Aldi is on the hunt for area managers and you could earn more than £76,000 a year. You’d have to complete a twelve-month training programme and then you get the opportunity to work for the discounter full time. You get a generous starting salary of £44,000 per ▶️ Read more ◀️
THOMAS Cook is fighting to put together a deal that will stop it falling into administration. The travel agent has been holding emergency talks and trying to sell different parts of the business in an attempt to raise some cash. The company has a £200m black hole in its funding, ▶️ Read more ◀️