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Arcadia ends fixed-term contracts early in view of Covid-19

Philip Green’s Arcadia Group has reportedly informed its employees that it will be ending fixed-term contracts early as a result…

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Laura Ashley slashes 721 roles as 70 stores shutter

Embattled retailer Laura Ashley has shuttered 70 of its stores leaving almost 721 people out of work, administrator PWC has…

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Ikea to temporarily shutter all UK stores amid Covid-19 pandemic

Ikea UK and Ireland has said it will temporarily close its stores to customers at 6pm on Friday 20 March,…

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Laura Ashley enters administration as coronavirus claims first casualty

Embattled home and fashion retailer Laura Ashley has fallen into administration after it revealed that the coronavirus outbreak has had…

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Carphone Warehouse shutters stores, 2,900 redundancies expected

Dixons Carphone has announced that all UK standalone Carphone Warehouse stores will close their doors next month.  The 531 stores,…

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Primark owner shares dive after it warns of coronavirus impact

Primark owner Associated British Foods (ABF Foods) has seen its shares dive in early trading after it announced that the…

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Bank of England cuts interest rates to help combat coronavirus impact

The Bank of England has cut UK interest rates back down to the lowest level in history to help mitigate…

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Flybe’s pensions in doubt; Poorest 20% no better off than before, 1m Virgin customers on unsecured database

Flybe’s pension pot for 1,350 current and former workers is at risk, as the fallout from one of the first…

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H&M to shutter Stoke-on-Trent warehouse placing 500 jobs at risk

H&M is reportedly set to close its warehouse in Stoke-on-Trent with plans to relocate its distribution to a new site.…

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Heathrow’s third runway will not be taking off after all

Heathrow’s third runway has been ruled illegal by the court of appeal, because the government did not properly consider its…

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