TM Lewin will close all stores and axe 600 jobs after collapsing into administration due to coronavirus crisis The 122-year-old shirtmaker’s 66 shops will leave high street but online will stay The company has blamed the coronavirus pandemic for the move to digital-only It comes a month after London-based firm was taken over by SCP Private … Read more
ALEX BRUMMER: Chancellor Rishi Sunak will have to make the most of limited fiscal capacity if a jobs catastrophe is to be averted There are 9m employees on furlough The formal data we have so far on the Covid-19 shows a peak to trough fall of a whopping 25 per cent By Alex Brummer for … Read more
Royal Mail axes 2,000 jobs as it loses £1m a day: Union outrage as boss says cost cuts and overhaul are needed to ensure firm’s survival By James Salmon for the Daily Mail Published: 21:51 BST, 25 June 2020 | Updated: 21:51 BST, 25 June 2020 The corporate firefighter brought in to turn around Royal … Read more
UK’s futuristic presence at Dubai World Expo could creat one million post-Covid jobs, report claims By Matt Oliver For The Daily Mail Published: 16:11 BST, 25 June 2020 | Updated: 16:11 BST, 25 June 2020 Britain could drum up enough business to create one million jobs at an international trade exhibition next year, a report … Read more
Global slump will be WORSE than feared: IMF warns of catastrophic hit to jobs with £10TRILLION set to be wiped off the global economy By James Salmon for the Daily Mail Published: 21:50 BST, 24 June 2020 | Updated: 22:05 BST, 24 June 2020 The coronavirus crisis is set to wipe £10trillion off the global … Read more
After the long economic and medical darkness of spring, midsummer offers some shards of hope. There is a big recovery in the forward-looking purchasing managers’ index (PMI), with both manufacturing and services output higher. The easing of lockdown for the hospitality industry – with the two-metre rules relaxed – is a boost, allowing pubs and … Read more
Shoe Zone shuts 20 stores and axes head office jobs as it warns Covid aftermath will last for years By Daily Mail City & Finance Reporter Published: 23:15 BST, 23 June 2020 | Updated: 23:56 BST, 23 June 2020 Retailer Shoe Zone has axed 20 stores and announced job losses at its head office to … Read more
JD Sports’s boss sold £13m of shares as a company the retailer owns teetered on the brink of collapse By Tom Witherow For The Daily Mail Published: 21:55 BST, 22 June 2020 | Updated: 22:03 BST, 22 June 2020 JD Sports’s boss sold £13m of shares as a company the retailer owns teetered on the … Read more
Fears sandwich chain Pret a Manger is poised to slash jobs as leaked video reveals sales have fallen by 85% during lockdown Chief executive Pano Christou revealed the news in online video call with staff He said weekly sales had plunged to just £3 million, just 15% of normal levels Dire data came despite the … Read more
Action plan: Nigel Colborn’s essential jobs for your garden this week Nigel Colborn shared advice for tackling rough grass this season British gardening expert said set mower blades high for the first outing He also answered a reader’s question about removing an infestation of ivy By Nigel Colborn for the Daily Mail Published: 22:05 BST, … Read more