Asos to build new fulfilment centre in Lichfield
Asos, the online fashion group, has announced that it will invest £90million by building a new UK fulfilment centre based in Lichfield, Staffordshire.
Economy
British Gas workers to strike due to “fire and rehire” plans
Thousands of British Gas workers will strike from Thursday as part of a five-day strike in response to the company’s “fire and rehire” plans.
Here are all the businesses closed due to the lockdown
Thousands of businesses across England will be obliged to shut again as the country is plunged into a third national lockdown.
Rishi Sunak announces economic plan for third national lockdown
The plan is to support business and jobs until Spring, when all activities are set to reopen.
Tesco introduces purchasing limits on certain items to prevent panic buying
The main purpose of the supermarket is to make all customers have access to some products.
About 819,000 paid jobs lost in the UK
Retail and hospitality are the worst hit sectors since the beginning of the Covid pandemic.
New tourist VAT tax to have huge impact on British fashion
Rishi Sunak announced the new tourist VAT tax only last week, now fashion experts are warning of the huge impact it might have.
Queues in Oxford Street, as lockdown ends and shops reopen
Londoners have formed long queues outside shops in Oxford Street, as shops reopened after the end of national lockdown.
Debenhams to close 124 shops cutting thousands of jobs
Debenhams chairman said to be “desperately sorry” for the over ten thousand employees about to lose their jobs.
Shops to stay open 24 hours a day for Christmas
Shops will be open for 24 hours for Christmas: under the new plan, shop owners can try to recoup some of the sales lost during the lockdown.
Covid pushed 700,000 people in UK into living in poverty
The 700,000 people include mostly young workers and employees of hospitality and retail sectors.
Primark extends opening before Christmas: 11 stores will open for 24 hours
The famous retailer is ready to re open its stores on December 2.
Rishi Sunak announces pay rise for doctors and nurses
Rishi sunak has announced that NHS doctors and nurses will get a pay rise although pay rises for the rest of the public sector will be ‘paused’ next year.
National debt rises above 2 trillion pounds
Chancellor Rishi Sunak today warned of future cuts as the UK’s debt hit a new record high of £2.08trillion by the end of October.
Easyjet registers record £1,27 bn loss
The airline reported a £1,27 bn loss this year amid coronavirus crisis.
UK economy grows 15.5% but GDP still lower than before Covid
Britain’s economy grew by 15.5% between July and September.
Covid: 782,000 people have lost their jobs in UK since March
The number of UK employees has decreased by 782,000 between March and October as a result of the Covid pandemic.
Primark to reopen for 24 hours a day
Primark CEO said that when non-essential shops will be allowed to reopen, Primark will operate 24 hours a day.
UK house prices reach record high but market set to slow
Average UK house prices have reached a record high following strong demand for properties post lockdown.
Covid: list of essential shops staying open during the second lockdown
The Prime Minister announced that pubs, restaurants, gyms and non-essential shops will close for at least a month from Thursday onwards.
Ryanair announced £178 million loss from covid
The low-cost airline has reported a massive loss from the pandemic (about 200 million euros) and now fears the second lockdown.
London house prices to rise over the next 5 years
According to a recent forecast by Homes & Property, London will lead the UK housing market in the post-pandemic.
Covid restrictions force 500,000 London workers into furlough
The economic damage in London as a result of the Covid crisis has been revealed today with the Capital being the hardest hit region.
Buying houses: essential aspects that you have to evaluate
Buying a house represents a very important decision. So, before purchasing, is fundamental to evaluate some essential aspects of the house.
The Best Forex Brokers of 2020
A forex broker is a company that provides financial services to its clients, so that they can access a platform in order to exchange foreign currencies.