GREGGS has confirmed it permanently closed 56 stores last year as it reports its first loss in 36 years due to the Covid. The store closures were offset by 84 new branch openings in 2020. 🦠 Read our coronavirus live blog for the latest news & updates… 1 Greggs has confirmed it closed 56 stores in 2020 […]
Tag Archives: UK
A BILLIONAIRE Russian dating app mogul has spent £145million on a penthouse and neighbouring flats at the former US embassy in London. Andrey Andreev, 47, is behind love-match services Badoo and Bumble. 4 How the former US embassy in Mayfair will look after redevelopmentCredit: Handout via David Chipperfield Architects 4 Russian Andrey Andreev, 47, is […]
DELIVEROO has announced that it will be rewarding its drivers with up to £10,000 each as a thank you when it floats on the UK stock market. The food delivery chain is also offering customers a chance to get in on the market launch with an exclusive opportunity to buy stocks. 1 Deliveroo is offering […]
PEACOCKS and Jaeger owner Edinburgh Woollen Mill is preparing to shut 50 stores with the loss of 600 jobs as it teeters on the brink of administration. Last week the group, which owns brands including Bonmarché and Jaeger, signalled its intention to appoint administrators unless buyers came forward. 1 Edinburgh Woollen Mill is continuing to […]
REVOLUTION Bars plans to close six of its sites as it struggles to keep afloat due to local lockdowns and a 10pm coronavirus curfew. The chain, formally known as Vodka Revs, opened its first bar in Manchester in 1996 and now has 50 locations UK-wide. 1 Revolution has become the latest hospitality firm to blame […]
WOOLWORTHS fans were excited after a tweet claimed that the former retail giant was making a comeback – but it might have been a cruel hoax. Woolies was a staple of the British high street. Here we take a deeper look at its history and who owns it now. 2 Former high street stalwart Woolworths […]
POUNDLAND has confirmed plans to open seven new stores in the UK by Christmas. The bargain retailer said more than 160 permanent jobs will be created thanks to the new branches. 1 Poundland has confirmed the locations of seven new UK stores Poundland will open seven stores in the UK and three shops in the […]
ECONOMISTS have upgraded the UK’s growth forecasts on the back of positive indications for a successful coronavirus vaccine. The hope is that Pfizer’s vaccine will mean that lockdown restrictions can be lifted, ending the massive strain on UK businesses. 2 The FTSE 100 spiked as the news of possible vaccine hit the markets The hospitality, […]
FASHION chains Peacocks and Jaeger have collapsed into administration, putting more than 4,700 jobs and almost 500 shops at risk. It comes after a two-week deadline to find a buyer ended without a deal. 2 Peacocks and Jaeger are the latest businesses to fall into administrationCredit: Alamy Live News Peacocks has 4,369 staff across 423 […]
THE owner of Harvester, All Bar One and Toby Carvery has axed 1,300 jobs following the coronavirus crisis. Pub operator Mitchells and Butlers said it could no longer support these roles due to lockdown restrictions on boozers across the country. 1 Mitchells and Butler has cut 1,300 jobs, it confirmed todayCredit: Getty – Contributor Revealing […]