Browsing: Business

The chief of Brighton and Hove Albion Paul Barber has apologised to fans for the lack of catering staff and stewards.

The Guardian says Nike has given its head office employees in the US a week off to “destress” and recover from the pressures of the Covid-19 pandemic.

The i says Australian airline Qantas aims to restart flights to and from Britain in mid-December, in plans linked to the Covid vaccine roll-out in Australia

The Guardian says UK business confidence has hit a four-year high, thanks to growing optimism about the post-Covid recovery

Strong growth has been recorded for MCG – the company that owns Soho House – for the Q2 2021 period amid surging interest in membership.

The i says bargain hunters face slim pickings this Black Friday as many retailers will be forced to ignore the annual fire-sale completely.

The Metro says the boss of a major supermarket chain has described current food shortages as the ‘worst he’s ever seen’.

Amazon is offering new warehouse employees a £1,000 joining bonus amid a mounting staff hiring crisis. 

The Metro says popular fast food restaurant McDonald’s is struggling with supply issues and is currently unable to serve milkshakes in all of its UK restaurants.

TRT World says Bitcoin has risen above $50,000 for the first time in three months as investors piled back into the cryptocurrency on bargain-buying.

The Guardian says Amazon has made the surprise decision to move production of its $1bn-plus Lord of the Rings series from New Zealand to the UK

CITYAM says Cineworld Group, the world’s second largest cinema chain, has published half year results revealing the severe financial impact of lockdown restrictions.

John Lewis plans to create 500 new jobs as it takes control of a massive distribution centre to meet the rise in online sales. 

Goldman Sachs has bumped up pay for its junior investment bankers, after analysts at the bank sent a presentation to management revealing massive workloads.

Online grocer Ocado has announced its employees will be allowed to work remotely from a country of their choosing for up to a month.  

The Times says employment jumped to its highest level so far this year in July after the lifting of lockdown restrictions boosted the hospitality industry.

CNN has fired 3 employees for going into an office without having been vaccinated. It is one of the first examples of a US firm firing staff for breaching rules.

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 daughter’s fiance.

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 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 of the year. 

Michael O’Leary could be set to secure a £85m payout despite the rocky 18 months for the travel industry. 

The i says thousands of people are facing the prospect of redundancy as the Government furlough scheme winds down

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. 

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 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 status.