Gourmet Burger Kitchen axing 362 jobs and shutting 26 restaurants for good despite rescue sale Casual dining sector struggling under sporadic lockdowns and falling profits Pizza Hut and Pizza Express are also big-names which have announced closures By Jane Denton For Thisismoney Published: 13:53 BST, 14 October 2020 | Updated: 15:04 BST, 14 October 2020 … Read more
A fifth of business bosses in the UK believe they will need to axe up to 10 per cent of their workforce by the end of the year, amid fears hundreds of thousands more people are set to become victims of the coronavirus jobs bloodbath, a new survey has revealed. Bosses of large (more than … Read more
Boss of fashion giant Kurt Geiger slams Rishi Sunak’s decision to axe duty-free shopping as ‘ludicrous’ Kurt Geiger boss Neil Clifford has slammed decision to stop duty-free shopping He has called the ‘ludicrous’ decision to end VAT refunds a ‘staggering own goal’ Chancellor Rishi Sunak announced the proposed policy change in September By Francesca Washtell … Read more
The National Trust today announced it will axe nearly 1,300 jobs as it battles the impact of Covid. The organisation, which warned in July that it might have to make 1,200 people redundant to deal with the fallout from the pandemic, has said it is making 514 compulsory redundancies following a consultation. A further 782 … Read more
Hundreds of jobs will be lost and scores of pubs shut down by Greene King after the 10pm coronavirus curfew and lockdown decimated custom. The company, which has more than 3,000 pubs across the country – today started a consultation with 800 employees about a redundancy process. Bosses at the Suffolk-based firm, which has nearly 1,700 … Read more
Shares in Virgin Money rose by nearly 7 per cent yesterday as the High Street lender pressed ahead with ruthless cost savings, including a reduction of hundreds of jobs. Following its merger with Clydesdale and Yorkshire Bank in 2018, Virgin had said that it planned to get rid of 16 per cent of full-time roles. That … Read more
Series 1: Natasha Kaplinsky and Brendan Cole Did they/didn’t they? Natasha Kaplinsky and her hunky partner Brendan Cole sparked affair rumours Strictly hit the headlines for all the wrong reasons during season one. Viewers were transfixed by the apparent close bond between newsreader Natasha Kaplinsky and her hunky partner Brendan Cole. Although the pair went on to … Read more
Fashion giant H&M has announced its plan to shut 250 stores worldwide, while Burger King prepares to axe 1,600 UK staff. The world’s second largest clothing retailer said around a quarter of its 5,000 stores are able to renegotiate or exit contracts next year, allowing it to close some stores. H&M is not yet disclosing … Read more
Shell to axe 9,000 jobs: Oil giant struggles with slump in demand for fuel and shift to green energy By Lucy White For The Daily Mail Published: 21:52 BST, 30 September 2020 | Updated: 22:04 BST, 30 September 2020 Shell is axing up to 9,000 jobs as it grapples with a slump in demand for … Read more
TSB will axe 900 jobs and close 164 high street bank branches Edinburgh-based bank says it expects most of the redundancies to be voluntary TSB said branch network would be the seventh biggest in the UK after closures Some 193,731 job losses now announced by major UK employers since lockdown TSB, part of Sabadell, says … Read more