Job Losses

Today’s news in brief-13/9/24

Logistics UK warned that new EU fingerprint and facial recognition checks for non-EU passengers at Dover could cause delays, impacting…

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New Body Shop owner lines up working capital amid rescue deal

The new owners of The Body Shop are in advanced talks to secure more than £30m in working capital from…

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Today’s news in brief-2/9/24

John Lewis Partnership (JLP) has refuted recent claims of additional job cuts and management restructuring. Earlier, reports suggested management team…

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Today’s news in brief-12/8/24

Asda’s chair, Lord Rose, expressed embarrassment over the supermarket’s recent performance, citing a 5.3% drop in like-for-like sales and a…

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Sainsbury’s urges gov to reform business rates

Sainsbury’s and USDAW have together called on the new government to deliver on its promise to reform business rates.The call…

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Today’s news in brief-29/7/24

Ted Baker is reportedly considering closing all its UK stores within weeks. After entering administration earlier this year, the fashion…

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British entrepreneur close to Body Shop deal

British entrepreneur Mike Jatania is close to completing a rescue deal for The Body Shop, according to reports from Bloomberg.…

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Former Mothercare boss among The Body Shop bidders

Several private equity giants are reportedly eyeing a rescue bid for The Body Shop’s high street business, The Telegraph has…

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Today’s news in brief-12/6/24

The UK economy stalled in April 2024, showing no growth after a 0.4% increase in March, as wet weather significantly…

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Ex-BHS directors fined £13m over ‘wrongful trading’

Two former directors of department store chain BHS have been ordered to pay at least £13m to creditors over their…

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