Boohoo is accused of turning a blind eye to sweatshop factories despite the issue being repeatedly raised By Tom Witherow For The Daily Mail Published: 21:50 BST, 16 July 2020 | Updated: 21:59 BST, 16 July 2020 Boohoo has been accused of ‘turning a blind eye’ to problems in its supply chain after the issue … Read more
Can Zoom help save John Lewis? Struggling department store chain launches virtual personal shopping service By Daily Mail City & Finance Reporter Published: 21:51 BST, 16 July 2020 | Updated: 22:02 BST, 16 July 2020 John Lewis has launched a virtual personal shopping service using Zoom after announcing eight stores will not reopen after lockdown. … Read more
Asos probes supply chain: Boss raises concerns over sweatshops as online fashion giant reports 10% lockdown sales boost By Tom Witherow For The Daily Mail Published: 21:50 BST, 15 July 2020 | Updated: 21:50 BST, 15 July 2020 Sweatshop fears: Asos reported a 10% rise in sales during lockdown Asos is reviewing its operations in Leicester … Read more
National debt set to hit nearly £3TRILLION by the next general election as cost of pandemic spirals By Hugo Duncan for the Daily Mail Published: 21:51 BST, 15 July 2020 | Updated: 21:51 BST, 15 July 2020 The national debt could be pushing towards £3trillion by the time of the next general election as the … Read more
Asos has confirmed it plans to repay the Government the money it saved by furloughing around 1,000 staff via the Job Retention Scheme as the pandemic hit. In a trading update, Asos said: ‘As a result of our expectation that we will deliver a better than initially anticipated full-year performance, we are repaying the support … Read more
Boohoo supplier was hit with a £15m bill after failing to pay its staff the national minimum wage By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Staffline has supplied agency workers to Boohoo’s warehouses for around four years A supplier to Boohoo was hit … Read more
Health and safety equipment maker Halma has promised to hand dividend-deprived shareholders an extra boost in its next payout. Bucking a trend that has seen dozens of FTSE 100-listed firms cancel or push back handouts as they struggle to balance their books in the Covid era, Halma has raised its total dividend by 5 per … Read more
Government’s £9bn Furlough bonus scheme is deadweight, warns budget watchdog By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 The OBR said the £9bn furlough scheme ‘is likely to be claimed for employees who would have been retained anyway’ The budget watchdog has warned … Read more
Lidl pledges to open one new store per week between now and Christmas, creating up to 1,000 jobs By Tom Witherow For The Daily Mail Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Lidl will open one new store per week between now and Christmas, creating up to 1,000 jobs, … Read more
Loss-making DFS considers axing up to 200 workers across its Dwell and Sofa Workshop chains By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Retailer DFS Furniture may axe up to 200 jobs across its Sofa Workshop and Dwell chains as the group braces … Read more