Domino’s eyes more British managers amid Brexit skills gap fears
Domino’s Pizza has issued a clarion call for young British staff amid fears that Brexit could starve the company of overseas workers.
All UK and abroad Posts
Mark Carney signals rate hike in ‘coming months’ and urges Brexit transition deal
Bank of England governor Mark Carney has said a transition agreement for EU withdrawal is in “everyone’s interest” and reiterated it may be “appropriate” to hike interest rates as Brexit-fuelled inflation is set to rise further.
J Sainsbury to slash nearly 2,000 jobs as cost-cutting programme continues
J Sainsbury is looking to cut around 2,000 payroll and human resources jobs across the business as it continues a cost-cutting drive meant to slash £500 million over the next three years.
Sterling drifts lower as traders question prospect of interest rate hike
Sterling rolled back against the US dollar on Tuesday as currency traders mulled the prospect of interest rates being kept on hold next month.
Regulator agrees to MPs’ demands for legal scrutiny of RBS report
The City watchdog has bowed to pressure from MPs for independent legal scrutiny of a controversial report into mistreatment of small businesses at Royal Bank of Scotland.
Four Seasons in debt for equity swap as part of restructure
Four Seasons, Britain’s second biggest care homes operator, has put forward proposals for a partial debt for equity swap as part of a major restructure aimed at putting the group on a secure financial footing.
Inflation jumps to five-year high, boosting chances of interest rate hike
Inflation surged to its highest level for more than five years last month, increasing the financial pressure on households and boosting the prospect of an interest rate hike.
Carney says inflation set to surge further amid hard Brexit warnings
Bank of England governor Mark Carney has said a transition agreement for EU withdrawal is in “everyone’s interest” and reiterated it may be “appropriate” to hike interest rates as Brexit-fuelled inflation is set to rise further.
Bannatyne Group in rude health creating hundreds of jobs in £50m investment
The Bannatyne Group has embarked on a £50million investment drive creating “hundreds of jobs” after successfully pumping up profits.
Brexit reversal would kick-start the UK’s flagging economy, says OECD
A second referendum that reverses Brexit would have a “positive” and “significant” impact on the UK economy, which is on track to be crippled by its EU divorce, an influential think tank has claimed.
State pension to rise by 3% but benefit claimants and businesses suffer
British pensioners have emerged as the winners from September’s inflation figures while households, benefit claimants and businesses face a financial squeeze.
Britain’s ‘big four’ grocers lose market share
Each of the “big four” grocers lost customer share in the last quarter despite increasing sales as Aldi and Lidl collectively accounted for half of the entire market’s overall growth, figures show.
Merlin shares slump as trading woes overshadow Peppa Pig deal
The owner of Madame Tussauds and Alton Towers has seen its shares plunge by a fifth as peak summer trading woes after UK terror attacks took the shine off a worldwide Peppa Pig deal.
Food and transport costs help push inflation to five-year high
Inflation surged to a five-year high in September as rising food and transport costs upped the financial pressure on households.
Hornby warns over profits as chairman disembarks
Hornby has again warned over full-year profits and the group’s chairman is to quit as the model toymaker grapples with falling revenue.
Bellway notches up record results after surge in home sales
Housebuilding giant Bellway has posted record annual profits and laid the foundations for another bumper year as it predicted buoyant sales and price rises.
Government plans to intervene in deals that jeopardise national security
The Government has announced proposals that would allow it to intervene in mergers and takeovers that raise national security concerns.
Merlin strikes deal to launch Peppa Pig attractions worldwide
The owner of Madame Tussauds and Alton Towers has unveiled a deal to roll out new Peppa Pig attractions worldwide as it revealed the impact of recent terror attacks on trading in the UK.
Asos raises forecasts as profits soar
Online retailer Asos has reported a surge in full-year profits and upgraded its sales forecasts after it was boosted by a strong international performance.
City firms ready to pull Brexit trigger unless transition deal is agreed
Financial firms will pull the trigger on “irreversible” Brexit job relocations in the new year unless the Conservatives agree a transition deal imminently, a City lobby group has warned.
London market dragged down by Convatec shares plunge
London’s premier index drifted lower on Monday after shares in medical products maker Convatec took a battering over supply problems.
Bannatyne Group plans to create ‘hundreds of jobs’ with £50 million investment
The Bannatyne Group has embarked on a £50 million investment drive creating “hundreds of jobs” after successfully pumping up profits.
Revolution takeover tussle takes another twist
The battle to seize control of Revolution Bars took another twist on Monday after shareholders looked to have voted down a takeover bid from Slug & Lettuce owner Stonegate.
Inflation on track for five-year high as household squeeze intensifies
Inflation looks set to leap to a five-year high on Tuesday as households face a triple-whammy hit from rising airfares, fuel and electricity prices.
Lloyds shareholders take former executives to court over HBOS acquisition
Shareholders are gearing up for a long-awaited trial this week as they seek £600 million in damages from Lloyds Banking Group and five former executives over claims they were misled during the acquisition of HBOS.
Jackpotjoy bets on new leadership just nine months after stock market floatation
Jackpotjoy has taken a punt on fresh leadership by calling time on its chief executive just nine months after floating on the London Stock Exchange.
Lidl UK to create 500 jobs at new Peterborough warehouse
Lidl UK has unveiled plans for a new warehouse in Peterborough in a move that will create 500 jobs.
Insurer highlights income tax anomaly
More than 750,000 people in the UK pay more tax on each extra pound they earn than a millionaire, according to analysis by a mutual insurer.
Power of money a ‘tool for change’ says ethical bank
What does being “good” with money mean to you?
Convatec falls on supply issues
Shares in Convatec slumped on Monday after the medical supplies firm warned over full-year revenues amid “supply issues”.
Fashion chain Footasylum announces London listing
Premium sports retailer Footasylum has announced its intention to float on the London Stock Exchange in a move that could value the firm at £150 million.
Koovs inks deal with N Brown
Online fashion firm Koovs has announced its entrance into the UK market through a tie-up with plus-size retailer N Brown.
