Wages

Covid-19: Government to pay 80% of salary to staff unable to work

Chancellor Sunak Rishi has said the government will pay 80% of wages to employees who aren’t able to work due…

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New bank of England boss promises fresh measures to fight Covid-19

The new Bank of England boss, Andrew Bailey, has promised a fresh set of measures to help fight the economic…

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February retail sales hit by poor weather and Coronavirus concerns

Total in-store retail sales declined by 0.9% in February, according to BDO’s monthly High Street Sales Tracker. The accountancy firm…

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Consumer confidence rises in February

Consumer confidence has increased two points to –7 this month, according to the latest figures from the GfK. According to…

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Consumer confidence reaches record-high in February

The IHS Markit Household Finance Index reached a record-high of 47.6 in February, up from 44.6 last month. IHS Markit,…

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Ocado ditches Waitrose; Bill gates orders £500m beast-yacht; Boris to lower immigration wage threshold

A busy start to the week in the business pages. As the coronavirus story unfolds I am reluctant to spend…

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Boohoo more valuable than M&S – a sea-change encapsulated

From a purely journalistic standpoint it is now a de facto cliché to refer to Marks and Spencer as the…

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Bonmarché enters administration putting 2,900 jobs at risk

Womenswear retailer Bonmarché has entered administration, resulting in around 2,900 jobs being placed at risk including 200 at its head…

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UK grocers criticised over ‘harsh’ working conditions for tea and fruit farmers

Oxfam has alleged that “poor pay” and “harsh working conditions” are commonplace on farms and plantations in Brazil and India…

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Fast fashion and the role that retailers have to play in tackling it

The fashion industry has never been without its critics, but today it seems to be drowning in them. PETA’s iconic…

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