Next: Closures on the horizon if court rejects appeal. What is in store for the retail giant? September 22, 2024 Fashion retailer Next lost a major legal battle last month over unequal pay in its UK operations. Now, it has been revealed that if it loses its appeal, it will have to close some of its stores
Starmer arrives at Labour conference with promise to rebuild UK September 21, 2024 Sir Keir Starmer said Labour was “rebuilding our country”, as he arrived at his party’s conference intent on shifting attention away from rows over donations and internal No 10 infighting. The Prime Minister said “change has started” as he arrived at the Liverpool conference centre. But the feel-good factor of Labour’s landslide win in July’s [...]
Harrods bosses should be questioned over Al Fayed ‘collusion’, says ex-employee September 21, 2024 Some Harrods bosses should be questioned over “collusion” with alleged misconduct by Mohamed Al Fayed, a former employee at the department store has said. Five women alleged they were raped by Al Fayed, the former owner of Harrods who died last year at the age of 94, with a number of others alleging sexual misconduct. [...]
‘Spoonful of sugar’ to come with Budget medicine, Labour mayor suggests September 21, 2024 A Labour mayor has said he thinks there will be “a spoonful of sugar along with the medicine” in the Budget next month. Steve Rotheram, Mayor of the Liverpool City Region, told the PA news agency he believes economic growth will be delivered “through our combined authorities and through devolution”, but it could be “very [...]
Plan to restrict employers from contacting staff out of hours ‘backed by public’ September 21, 2024 Most people support the Government’s plans to restrict employers from contacting staff outside working hours, new research suggests. Only 17 per cent of 2,000 adults surveyed opposed the move. The polling by Survation, commissioned by think tank the Autonomy Institute, showed that support was highest in the South East. Autonomy called on the Government to [...]
IFS: Clumsy capital gains reform could ‘harm government’s growth mission’ September 21, 2024 The influential think tank said the levy was "crying out for reform", but warned that poorly designed measures could do more harm than good.
Why do only half of Gen Z professionals think pensions are important? September 21, 2024 Just 56 per cent of Gen Z think saving for a pension is important compared to 77 per cent of Gen X – and that spells trouble for their retirement, says Daniel Harris Generation Z professionals may not be taking their pension contributions seriously enough – a mindset which could potentially impact their future retirement. [...]
UK economy: After a busy week, the foundations look solid September 20, 2024 With inflation low and further rate cuts to come the UK economy remains on relatively solid foundations.
Caterpillar: Price rises help profit pass £100m at UK arm September 20, 2024 Profit at the UK arm of Caterpillar has jumped past £100m after its international sales surged during its latest financial year. The Leicestershire-headquartered division has posted a pre-tax profit of £102.2m for 2023, up from the £74.4m it achieved in 2022. Newly-filed accounts with Companies House also show that its turnover rose from £1.33bn to [...]
Zoopla: Property portal returns to the black after cutting almost 100 jobs September 20, 2024 Online property portal Zoopla returned to profit during its latest financial year as its sales passed the £90m mark. Newly-filed accounts with Companies House have revealed that the business swung to a pre-tax profit of £18.7m in 2023, having reported a pre-tax loss of £6.2m in the prior 12 months. The results also show that [...]