Costa plans to axe 1650 staff from coffee shops

This post was originally published on this siteCosta, the coffee chain, plans to make 1,650 staff redundant, the latest in a number of cuts to hit the UK food service business as a result of the

Read More

Flutter Entertainment revenues jump by a fifth during lockdown

This post was originally published on this siteFlutter Entertainment, the owner of PaddyPower Betfair and SkyBet, said revenues jumped by more than a fifth during lockdown despite the widespread

Read More

Boohoo plans ‘model factory’ to counter low-pay criticism

This post was originally published on this siteBoohoo, the fast-fashion group at the centre of a row over poor pay and working conditions, will start manufacturing its clothes for the first time

Read More

Debenhams up for sale again as lockdown stymies rescue efforts

This post was originally published on this siteDebenhams, the UK department store chain, is seeking buyers in an effort to secure the business and prevent it going into liquidation. The retail

Read More

UK pub group Marston’s reports £40m hit to sales

This post was originally published on this siteUK brewing and pub group Marston’s has estimated that coronavirus caused a £40m drop in sales even before its pubs were forced to close

Read More

Ban gambling adverts and limit online stakes, say UK MPs

This post was originally published on this siteA group of 50 MPs has called for a ban on all gambling advertising and a cut to £2 in the maximum stake allowed online after a year-long

Read More

Ted Baker plans £95m cash call to survive crisis

This post was originally published on this siteTed Baker, the upmarket UK fashion chain, has said it plans to raise more than its entire listed equity in a £95m cash call to see it through

Read More

Premier Inn parent Whitbread to raise £1bn in rights issue

This post was originally published on this siteWhitbread has said it plans a £1bn rights issue as the Premier Inn owner shores up its finances amid intense turbulence in the hospitality

Read More

Carluccio’s falls into administration

This post was originally published on this siteCarluccio’s, the Italian-themed restaurant chain, has gone into administration after a week of frantic attempts to find ways to survive the

Read More

Coronavirus: cruise industry caught in the eye of the storm

This post was originally published on this siteDream holidays have become a nightmare for cruise passengers caught in the middle of China’s coronavirus outbreak. About 3,700 people were

Read More