The Guardian says Mike Ashley is set to step down as chief executive of Frasers Group, the owner of Sports Direct, in May next year and hand over to his…
Tag: Business
Marble Arch Mound is made free as Labour calls for investigation
The questionable Marble Arch Mound which opened last week to much disappointment has now been made free for all visitors as Labour councillors call for an investigation.
Greggs plans high street expansion with 100 new stores
Greggs plans to create 500 new retail jobs in the coming months as it plans to expand its high street presence by opening around 100 new stores by the end…
Ryanair boss set for massive £85m bonus as the airline looks to recover
Michael O’Leary could be set to secure a £85m payout despite the rocky 18 months for the travel industry.
‘Many thousands’ facing redundancy as furlough scheme tapers off
The i says thousands of people are facing the prospect of redundancy as the Government furlough scheme winds down
Rishi Sunak hints at Budget delay as he fails to name day
Rishi Sunak has hinted at delays to the budget after he failed to announce a date when publishing the new forecasts, as is normally expected.
Sharp drop in number of people on furlough since pandemic began
There has been a sharp fall in the number of people on furlough, with young people moving off the government scheme fastest, new figures show.
‘The Queen’s bank’ Coutts joins the ranks of ethical brands
The Guardian says Private bank Coutts will offer carbon credits and green mortgages to its ultra-wealthy clients after becoming one of the largest UK banking brands to secure B Corp…
House prices have nearly tripled in two decades
The Times says house prices have nearly tripled in the past twenty years, making up for any value homeowners may have lost during the global financial crisis.
Prince Harry’s start-up heads for London
The Times says the mental health start-up employing Prince Harry is to open a London office and hire 75 staff
13,000 new Poundland jobs as it eyes online expansion
The Pepco Group, which owns Poundland, has plans to create 13,000 new jobs across Europe over the next three years.
Netflix plots move into video games as subscriber growth slows
CityAM says Netflix last night confirmed plans to move into video games after the streaming giant suffered a sharp slowdown in new subscriber growth.
Music retail giant HMV plans for 10 new stores, including London flagship
Music retailer HMV has announced its plans to open 10 new stores as it continues to put its faith in the High Street.
Supermarkets and pubs shut sites amid NHS Covid app chaos
Supermarkets and pubs close: Iceland has been forced to close shops due to staff shortages caused by people being forced to self-isolate by the NHS Covid app.
Bank of England ‘addicted’ to creating money, say peers
The Guardian says the Bank of England risks becoming addicted to creating money and needs to come clean about how it plans to unwind its £895bn bond-buying programme
Sale rates soar for online retailer ASOS
ASOS has seen sales continue to soar despite the reopening of high street shops, per the firm’s latest market update.
Rishi Sunak says UK is bouncing back as payrolls soar in June
The Guardian says Rishi Sunak said Britain’s economy was bouncing back after the latest official figures showed the number of workers on payrolls surged in June by 356,000.
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