Tesco chief Ken Murphy collects £4.7m: 224 times overall pay of median staff member May 13, 2022 Ken Murphy, the chief of supermarket giant Tesco, received a £4.74m pay packet for the past year, the group has revealed in its annual report. The report, which was filed on Friday morning, said Murphy’s bumper total pay deal was 224 times the overall pay of the median member of staff at Tesco. It comes [...]
BP to sell London headquarters as work patterns shift August 30, 2020 BP is reportedly planning to sell its headquarters in central London, becoming the latest employer to signal a permanent shift in its working patterns. The oil giant employs 6,500 staff across its offices in the capital and in Sunbury-on-Thames in Surrey. It plans to rent back the building from the new owner for up to [...]
Retail therapy: How has the Covid-19 pandemic changed the way we shop? January 22, 2021 The lifestyle changes from Covid-19 were reflected in where people chose to spend their hard-earned cash in 2020, with local shops, fitness platforms and recipe boxes feeling the benefit of a year in the coronavirus pandemic.
Team GB can set Olympics marker at World Athletics relays championships May 4, 2024 One of the most exhilarating athletics events in an Olympics track and field schedule, relays captivate the mind. They’re fast, elegant and hold enough risk to keep viewers interested until the very end. Great Britain have a mixed set of results at the Olympic games: But the 4x100m women’s race is where the interest is. [...]
John Lewis reveals 2018 Christmas advert featuring Elton John November 15, 2018 John Lewis has released its highly anticipated Christmas advert featuring music icon Elton John. This year’s offering – named The Boy and the Piano- tells the story of Elton John’s rise to stardom sound tracked to his first major hit “Your Song”. Working backwards through John’s career, it ends with a young Elton being given [...]
Black Friday draws in biggest ever week of sales for John Lewis November 27, 2018 John Lewis Partnership said today that it has seen its biggest ever week of sales as shoppers flooded the beleaguered retailer’s stores for Black Friday discounts. Total sales for the week jumped 7.7 per cent when compared with the same week last year, as purchases hit a record in the firm’s 150-year-old history. Fashion and home [...]
Airlines, a bakery and a football club claim BoE coronavirus cash June 4, 2020 Famous UK and foreign firms from across the economy have turned to the Bank of England for coronavirus loans, official figures have shown, with companies from John Lewis to football club Tottenham Hotspur selling the bank their bonds. German chemicals company BASF is currently the biggest borrower on the Bank’s covid corporate financing facility (CCFF), [...]
British companies planned 300,000 redundancies in June and July September 8, 2020 UK employers planned more than 300,000 redundancies this summer as the coronavirus pandemic continued to take its toll on the economy. Figures obtained by a BBC Freedom of Information request show 1,784 firms made plans to cut nearly 150,000 jobs in July, a near sevenfold increase on the year before. While in June, 1,888 employers [...]
Gym chain DW Sports collapses into administration, putting 1,700 jobs at risk August 3, 2020 Gym chain and sportswear retailer DW Sports has collapsed into administration, putting 1,700 jobs at risk. DW Sports, which will appoint administrators today, has closed 25 of its 75 stores and has ceased trading through its website immediately. The remaining 50 retail sites will continue to trade, but will move into closing down sales from [...]
Graduates set to enter UK’s strongest job market in years as starting salaries soar June 27, 2022 Graduates are set to enter the strongest job market Britain has seen in years, on the back of surging graduate salaries and a major increase in the number of graduate jobs. Graduate salaries are up seven per cent compared to a year ago, while the number of graduate job vacancies is up 59 per cent [...]