Volkswagen T-Roc R review: the hot hatch reaches a new height January 20, 2021 The Volkswagen T-Roc R combines the style of an SUV with the speed of a hot hatchback. Does that make it the perfect modern performance car?
Toyota Mirai 2021 review: the hydrogen car comes of age June 17, 2021 The new Toyota Mirai is the UK’s only hydrogen fuel-cell car. Is it a dead-end street, asks Tim Pitt, or a glimpse of the future?
John Lewis to join Primark in rejecting government jobs retention bonus July 13, 2020 Department store chain John Lewis is expected to join Primark in rejecting the government’s offer of a job retention bonus. The chancellor last week announced that firms could claim a £1,000 bonus for each worker they bring back from furlough and continue to employ until at least January. John Lewis, which last week announced the [...]
Retail employment falls at sharpest rate in more than a decade August 25, 2020 Retail employment fell at the fastest rate in more than a decade in the year to August as high street firms cut jobs amid the coronavirus pandemic. Employment in the retail sector fell 45 per cent in August – the sharpest drop since February 2009 – compared to a drop of 20 per cent in [...]
Co-operative Bank to cut 350 jobs and close 18 branches after Covid hit August 25, 2020 The Co-operative Bank will lay off around 350 employees and shutter 18 branches as it struggles to deal with the economic fallout from the coronavirus pandemic, it said today. The lender said that record-low interest rates put in place to try to spur the economy had squeezed its income. “We are very sorry to announce [...]
The City View: Sarah Gordon on impact investing July 10, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In association with ETX Capital Andy Silvester is joined by Sarah Gordon, a veteran business journalist turned CEO of the Impact Investing Institute. Sarah talks about the government’s response to coronavirus, the opportunity that could be taken to ‘build back better’ and businesses’ awareness of their ESG responsibilities. Andy [...]
Jaguar F-Type P300 review: more affordable and more fun? January 15, 2021 The four-cylinder Jaguar F-Type P300 is very different to the bombastic V8s. How does it stack up versus the Alpine A110 and Porsche Cayman?
Retailer AO to create 650 new jobs due to ‘sustained’ surge in online shopping August 21, 2020 Online electricals store AO will create 650 new UK jobs as it ramps up growth plans following a sustained surge in demand due to the coronavirus pandemic. The firm said it is preparing for “significant growth” after it saw an influx of customers shopping online during the Covid-19 crisis. The new roles will bolster AO’s [...]
Marks & Spencer cuts 950 jobs as pandemic accelerates transformation plan July 20, 2020 Marks & Spencer (M&S) announced this morning that it will cut 950 jobs as it accelerates its transformation plan during the coronavirus pandemic. The retailer announced today that it will create a new retail management structure, which will affect 950 roles across central support functions and property and store management, in the latest blow for [...]
Pandemic pushes retail job losses to 125,500 this year September 9, 2020 More than 125,500 retail jobs have been lost so far this year as the coronavirus pandemic accelerated changes on the struggling UK high street. Nearly 15,700 roles were lost every month, while 13,867 shops have closed down across the UK this year. Small independent retailers shed 32,598 jobs between 1 January and 31 August, while [...]