Dulux: Paint giant to slash 2,000 jobs September 24, 2024 Thousands of jobs are set to be lost after the paint giant behind Dulux revealed plans to scale back its headcount in a bid to cut costs. In a statement issued on Tuesday, AkzoNobel confirmed it plans to complete a raft of redundancies by the end of 2025 to make its operations more efficient. The [...]
Recruiter SThree holds guidance despite ‘challenging’ market conditions September 24, 2024 SThree, the recruiter specialising in STEM fields, reported a six per cent contraction in its quarterly order book, which sits at £167m.
Oliver Bonas creates hundreds of jobs as new stores help sales surge September 23, 2024 Oliver Bonas created almost 200 jobs as the opening of new stores helped its sales jump by over £20m during its latest financial year. The Chessington-headquartered company has reported a turnover of £135.7m for 2023, up from the £115m it achieved in 2022. Newly-filed accounts with Companies House also show its headcount increased from 1,357 [...]
Nestlé reveals £150m plans to transform major UK site September 19, 2024 Nestlé has revealed plans to invest more than £150m to transform one of its major sites in the UK. The giant is to upgrade its Nestlé Purina Petcare factory in Wisbech, Cambridgeshire, home to pet food brands including Felix, Gourmet and Winalot. The project is expected to be completed in early 2025 and will include [...]
The Notebook: A new deal for working people? Labour’s plan risks mass layoffs September 16, 2024 Labour's new deal for workers promises to put employees first, but it risks badly backfiring, writes employment law expert Dan Pollard in today's Notebook.
Hellofresh: Cuts to UK workforce significantly slashes loss September 13, 2024 The last time the UK arm of Hellofresh made a pre-tax profit was the £8m it reported in 2020. Since then it has lost almost £50m.
Equals: Payments fintech’s revenue jumps by a third amid record transaction values September 10, 2024 Payments fintech Equals Group has seen fees to financial advisers weigh on its earnings as it looks for a potential buyer, while revenue surged on the back of record transaction values.
PwC UK orders staff to spend more time in office and meet clients in person September 5, 2024 PwC UK has ordered staff to spend more time in the office and meet clients in person, as the accounting giant becomes the latest firm to adopt tighter rules on working from home. The Big Four firm told its employees and partners on Thursday that its new hybrid working policy would require them to spend [...]
More than 750 jobs at risk as Bakkavor set to axe major UK factory September 5, 2024 More than 750 jobs are at risk at the fresh food maker Bakkavor after the London-listed group said it would close one of its North West factories. The company, which is headquartered in London, said today it was looking at axing its Wigan facility after a review revealed it would need “significant investment” to continue [...]
Swissport makes first UK profit since 2018 as sales finally recover from Covid September 5, 2024 The UK arm of Swissport has returned to the black for the first time since 2018 as its turnover recovered to pre-pandemic levels. The Cheshire-headquartered division of the aviation services giant also created 1,400 jobs during its latest financial year but its total headcount is still significantly lower than it was in 2019. Swissport has [...]