Month: September 2020
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Sep- 2020 -9 SeptemberNews
Iceland creates 3,000 jobs to meet online demand
Iceland has created 3,000 new jobs to cope with the extra demand for online shopping deliveries since the beginning of…
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8 SeptemberCoronavirus
Up to £3.5bn furlough claims fraudulent, says HMRC
Up to £3.5bn in payments from the Coronavirus Job Retention Scheme may have been claimed fraudulently or paid in error,…
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8 SeptemberHigh Street
JD Sports revenues slide in half-year results
JD Sports has reported a 6.5% decrease in total revenue to £2.5bn during the half-year period ended 1 August 2020.…
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8 SeptemberEconomy
UK retail sales increase by 4.7% in August
UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019, according to figures released…
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8 SeptemberPeople Moves
Charles Wilson to step down from Tesco’s Booker in 2021
Tesco had announced that after 15 years leading the Booker business its CEO Charles Wilson is to retire in February…
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8 SeptemberSport & Leisure
Cycling surge boosts sales at Halfords
Halfords has delivered a “strong” trading performance in the first half of its FY21, with like-for-like sales up by 5%…
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7 SeptemberCoronavirus
60% of mid-sized businesses plan redundancies, BDO finds
More than half (60%) of the UK’s medium-sized businesses are planning redundancies as a result of the Government’s Coronavirus Job…
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7 SeptemberNews
Frasers Group slams Debenhams gagging order
Mike Ashley’s Frasers Group has accused senior Debenhams’ advisors of stopping the department store being financially saved due to a…
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7 SeptemberEconomy
GDP to contract £15.3bn each year if home working persists
Lower consumer spending and a decrease in economic clustering if pandemic levels of home working persist would reduce UK GDP…
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7 SeptemberComment
Rethinking your staffing requirements to survive the recession
With a new CBI survey revealing the highest level of retail job cuts since the 2009 crisis, lockdown restrictions, a…
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