Five-try Saracens continue perfect start to Premiership title defence against Exeter September 11, 2016 Saracens boss Mark McCall praised his improving side after they stormed to a bonus-point 34-13 victory over Exeter Chiefs in a repeat of last season’s Premiership final on Sunday. Two tries by wing Sean Maitland and further scores from young fly-half Alex Lozowski, flanker Jackson Wray and replacement Ben Spencer continued the champions’ flawless start to [...]
See us after class: Disappointing back to school week for FTSE 100 as retailers drag it lower September 9, 2016 The FTSE 100 had a decidedly wobbly start to the school year, finishing the first full week of September 1.7 per cent lower than it started. Having come tantalisingly close to the 7,000 mark last week, it finished today at 6,776.95 points, 1.2 per cent down. "You’d be forgiven for falling asleep this afternoon," complained SpreadEx financial analyst [...]
M&S workers seek unionisation after pay changes and job cuts September 6, 2016 The shopworker's union Usdaw has said it is willing to go through the courts to become recognised as the official union of Marks and Spencer's employees. M&S recently announced it would be cutting premium pay for workers on Sundays and bank holidays, and reducing pension contributions. Usdaw told City A.M. it is happy to "go down the statute route" for official recognition [...]
Marks & Spencer confirms cull of its head office staff September 5, 2016 Marks and Spencer has confirmed it will cut 525 jobs in its head office to ensure the business can "work more simply and efficiently". The business will be entering a consultation with employees over the changes which will also result in the number of staff based in London decreasing by around 400, with IT and logistics jobs [...]
Marks & Spencer is in a pay row with staff and could be axing 500 jobs. Is it time to split the retailer in two? September 5, 2016 Marks & Spencer’s famous adverts (“These are not just potatoes, these are pan-shaken ready-to-roast extra-crispy King Edward potatoes…”) may have stayed ripe for mockery for over a decade, but between our guffaws lies a reluctant acceptance that the branding is absolutely spot on. M&S food halls have been a roaring success, especially among the millions of Brits [...]
Marks & Spencer set to axe 500 jobs at head office in London September 3, 2016 Marks & Spencer is set to axe around 500 jobs at its head office in London. The cull of around 15 per cent of roles is expected to be announced next Thursday. Sky News first reported that more than half of the cuts will affect contractors. Read more: M&S pay row: New offer for workers – [...]
Marks & Spencer pay row: M&S makes new offer to workers – but campaigners say it isn’t enough September 2, 2016 Could this be the end of the long-running pay row between Marks & Sparks and its workers? Evidently not: the retailer today announced it had finished consulting with staff over pay, but campaigners don't think its conclusions are enough. In a statement today M&S said after a "thorough consultation" with its national employee representative group, it was offering [...]
Supermarket chic: Sainsbury’s to launch new premium fashion brand September 2, 2016 Hobbs, LK Bennett and Whistles could be feeling nervous this weekend – as Sainsbury's prepares to launch its new range of women's clothing early next week. The supermarket group named those three high-end brands in particular as it threw down the gauntlet in the battle to win more customers with its new collection. "The quality and styling [...]
MPs and campaigners deliver petition against M&S pay changes to the retailer’s flagship store September 1, 2016 MPs and campaigners turned up at Marks and Spencer's flagship store in Marble Arch today to deliver a petition – signed by 90,000 people – voicing concerns about the company's proposed pay cuts. Under the proposed changes, staff will lose the pay premiums they receive for working on Sundays and Bank Holidays and will face reduced pension [...]
City Moves for 31 August 2016 | Who’s switching jobs August 31, 2016 Game Digital Game Digital has appointed Guy Lister as chief operating officer. The newly created role, reporting directly to Game Digital CEO, Martyn Gibbs, will see Guy lead all areas of Game Digital’s UK retail operations, including stores and eCommerce, supply chain, marketing and finance functions. Guy joins from Office Shoes where he was chief customer and marketing officer. [...]