Aldi announces pay rise and recruitment drive January 21, 2020 Aldi has announced it will increase the hourly rate paid to in-store staff members and hire more than 3,800 employees this year as it pushes ahead with its UK expansion plans. The budget supermarket said all employees will earn a minimum hourly rate of £9.40, a 30p per hour increase from the previous minimum wage [...]
Airbus set to agree £3bn fine tomorrow to settle corruption probe January 30, 2020 European plane maker Airbus’s £3bn plea deal with prosecutors is expected to be approved in court tomorrow, settling a long running corruption probe. The deferred prosecution agreement (DPA) between the Serious Fraud Office (SFO) and Airbus has been agreed in principle and is set to be approved by the President of the Queen’s Bench Division [...]
Festive cocktails, whether you’re fully stocked or the cupboard’s bare December 23, 2020 What a short-lived foray back into the great restaurants, bars and pubs of London that was! Like many restaurateurs and publicans across the country, I don’t mind being told to close my venue for the good of the nation (although there is still no evidence that hospitality contributes significantly more than other sectors to the [...]
Ranked: Britain’s best and worst bank accounts November 30, 2019 Brits now enjoy a larger choice of bank accounts than ever before, with rival offerings from time-honoured high street stalwarts to exciting new fintech upstarts. But if the choice at times seems overwhelming, a new league table has revealed which banks score highly for customer service and communication – and which leave a lot to [...]
UK High Street sees slight increase in December sales January 4, 2020 UK shops saw a marginal increase in December sales year-on-year driven by widespread discounting, a new survey revealed on Saturday. Sales in British shops were up 0.7 per cent for the month compared with 2018, according to the accountancy and business advisory firm BDO’s monthly High Street Sales Tracker. Read more: Next raises forecast after [...]
Sainsbury’s sales up 8.5 per cent as grocer ‘feeds the nation’ during lockdown July 1, 2020 Grocer Sainsbury’s today said that total first quarter sales increased by 8.5 per cent as the supermarket beat expectations despite the coronavirus pandemic. It said that although it was forecasting a £500m profit hit due to the crisis, stronger grocery sales and business rates relief would offset the shortfall. Shares in the grocer jumped initially [...]
John McDonnell threatens to delist firms that fail to tackle climate issues November 19, 2019 John McDonnell has revealed Labour’s plans for “rewriting the rules” of business, which include delisting firms who fail to take “adequate steps” to deal with the climate emergency. The shadow chancellor this morning set out details of the party’s vision for corporate governance, accountability and regulation, bemoaning the status quo in which employees are treated [...]
Tesco scraps best before dates on fruit and veg lines as supermarket aims to cut food waste October 8, 2018 Tesco will remove the best before dates on apples, oranges and dozens of other fruit and vegetables in its latest attempt to help reduce food waste, the company announced today. The store is set to scrap dates on 116 fresh produce products, a move it claimed 69 per cent of customers would support. It wants to [...]
Lidl sales help it hit record stake in UK supermarket sector December 10, 2019 The biggest supermarkets shed yet more market share to discounters Aldi and Lidl in the three months to the start of December, new data out today reveals. The big four grocers saw their collective market share drop by over one per cent to 67.7 per cent as people delayed their Christmas shopping and Black Friday [...]
Travelex restores some electronic services following cyber attack January 13, 2020 Foreign exchange company Travelex is beginning to restore some electronic systems almost two weeks after hackers held the company’s systems to ransom, leading to a global blackout of its online services. Staff at the foreign exchange giant had been forced to use pen and paper to serve thousands of customers after a cyber attack forced [...]