Redundancy

Forecasting future staffing needs

While many retail businesses use cash-flow forecasting to optimise their trading performance, could they be doing more to predict their…

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700,000 jobs at risk as end of furlough scheme draws near

Over 700,000 employees are at risk of being made redundant in the second half of 2020, research from Institute for…

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Insolvent companies cost taxpayers £250m 

Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers…

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Arcadia Group ‘extremely sorry’ amid notice pay U-turn

Arcadia Group has agreed to pay the full salaries of head office staff facing redundancy, after backtracking on its initial…

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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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Frasers Group buys DW Sports out of administration

Frasers Group has snapped up the assets of Dave Whelan Sports (DW Sports) from its administrators for a sum of…

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Debenhams draws up contingency plans for potential liquidation

Debenhams has reportedly drawn up contingency plans in the event of a potential liquidation, as it continues to weather the…

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Debenhams cuts 2,500 jobs

Embattled department store chain Debenhams has cut 2,500 staff roles.  The retailer said that the job cuts, believed to be…

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DW Sports falls into administration, 1,700 jobs at risk

DW Sports has collapsed into administration, placing around 1,700 jobs at risk. BDO announced that its restructuring partners, Graham Newton…

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‘Hundreds’ of jobs to be axed at M&S

Marks and Spencer is expected to announce a raft of job cuts this week, becoming the latest high street casualty…

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