Business
Thousands of jobs impacted as Asda launches major restructuring
Asda has launched consultations with around 5,000 staff over a major restructuring which could put around 3,000 back off...
Business
Business
BP swings to hefty annual loss but raises hope of ‘better days ahead’
BP has swung to a mammoth annual loss of 5.7 billion US dollars (£4.2 billion) after oil prices and demand tumbled amid...
Business
Asos buys Topshop and three other brands from Arcadia collapse
Asos has confirmed it has sealed the takeover of Topshop and three other brands from the collapse of the Arcadia retail ...
Business
Boohoo buys Debenhams brand and website for £55m – but stores to close
Online fashion retailer Boohoo has bought the Debenhams brand and website for £55 million in a deal that will see the e...
Business
Halfords enjoys lockdown cycle boom but motoring sales fall
Halfords continued to enjoy impressive rises in sales as the nation turned to cycling during the Covid-19 pandemic in th...
Business
Debenhams’ future in doubt as JD Sports pulls out of rescue talks
JD Sports has pulled out of rescue talks for troubled department store chain Debenhams, putting 12,000 workers at risk. ...
Business
EasyJet nosedives into the red with first ever full-year loss
Low-cost carrier easyJet has slumped to the first ever full-year loss in its 25-year history as the coronavirus crisis s...
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Business
3,500 jobs to go as Sainsbury’s axes meat, fish and deli counters
Sainsbury’s has said it will cut around 3,500 jobs as part of plans to permanently close all its meat, fish and deli c...
Business
Lloyds Banking Group to cut another 1,070 jobs
Lloyds Banking Group has said it plans to cut another 1,070 jobs as part of its major restructuring programme. It is th...