Economy

Asos invests £14m in Belfast tech hub

Asos has announced it is investing £14m into a new tech hub in Belfast over the next three years as…

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ASOS set to boost UK economy by £3.8bn

Asos’ UK GDP contribution will increase by £2bn to £3.8bn in the next three to four years, with plans to…

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UK economy surpassed pre-Covid levels in November

Gross domestic product (GDP) has surpassed its pre-pandemic level for the first time as it grew by 0.9% in November…

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Asos to create 180 jobs with new £14m Tech Hub

Asos has announced it is to invest £14m in a new Tech Hub in Belfast and create 184 new jobs…

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UK economy surges 4.8% in June

The UK economy grew by 4.8% in June as Covid-19 restrictions surrounding retail and leisure were eased across the UK,…

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UK economy shrinks 1.5% in Q1 despite signs of recovery

The UK economy shrank by 1.5% during the first three months of the year due to the impact of the…

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Nearly half of UK firms report Q3 sales decrease

Business conditions remain weak in the third quarter of 2020, despite “much of the economy” reopening, according to the latest…

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Chancellor set to unveil furlough replacement after Budget cancellation

Chancellor Rishi Sunak has cancelled this year’s Budget but is set to unveil new measures aimed at protecting employment and…

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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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How retailers can adapt in a post-Covid-19 economy

A post-Covid-19 world may seem like a distant reality for now. While there are advances in finding a cure or…

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