New Store Causing Complaints in York
For Residents fighting plans for a new supermarket that is in the planning stage for Easingwold in York are worried that it will cause the new store to dominate the retail trade in the town and that this would not be healthy for the local trade or shops. It has come to light after the [...]
Woolworth Staff Awarded Compensation
The union which represents shop workers Usdaw has made a statement to say that it has successfully won around £67 million in compensation for 24,000 workers who were made redundant after the retail giant Woolworths collapsed at the end of 2008. Usdaw decided to go to the Employment Tribunal and it said that the administrators [...]
Barratts to Keep 89 Stores Open
It has been reported that UK shoe chain Barratts’ management team has managed to strike a deal which will see them buying out 89 of the firm’s shops. The new deal means that 50 stores will have to be sold and this will mean that many jobs will be lost in the process. It is [...]
NS&I Website Fixed After Glitch
It has been reported that the UK government’s National Savings & Investments (NS&I) now thinks that it has solved the problems that were causing the website to crash which has affected people across the UK. A statement has come from the NS&I saying that the problems has not been fixed but that the website would [...]
Farmer Forced To Close Down Farm Due to New EU Laws
A Derbyshire poultry farmer has made a statement saying that he is heartbroken after he has been forced to close down his poultry farm after new rules that have been brought from the EU have made it almost impossible for him to stay in business. From 1 January, new rules from the EU states that [...]
La Senza Goes Into Administration
The UK Lingerie retailer La Senza has made an announcement saying that it intends to enter administration. The lingerie company said in its statements that it had made the decision as a result of difficult market conditions. It is expected that an administrator will be chosen over the next 10 days and this will be [...]
New Warehouse Creates Hundreds of New Jobs in Teesside
It has been announced that hundreds of jobs will be created when a new warehouse is opened on a Teesside business park. The warehouse will be a clothes warehouse and it will cost in the region of £15 million in order to get the warehouse ready for use. The new warehouse will help to distribute [...]
Bank Cuts Opening Hours Down to One Day a Week
A group of people who live in a Carmarthenshire town have had to sign a petition to try to stop their town bank from cutting its opening hours down to one day a week. It has been reported that from February next year the branch of NatWest in the town will only open on Tuesdays. [...]
Euro Hits 11 Month Low Against Dollar
News has hit the business world that the euro has dropped to an 11-month low against the dollar. The news will not help the rocky markets that are all waiting to see how the future of the Eurozone will go. It has been reported that the euro fell below $1.31 for the first time since [...]
Twitter Redesign to Make Itself More Appealing to Brands
It has been reported that the online micro-blogging site Twitter has redesigned its service so that companies can have a larger presence on the site. The new design means that many large companies will now find the social networking site much more appealing as they will be able to have a higher prolife on the [...]