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Asda has announced that it will offer employees the option of opting into a flexible contract, with the added incentive of increased pay for those who choose to do so. From October, they will pay £8.50 an hour for those on these contracts, which is an increase from the £7.44...

Several UK supermarket chains have announced that they are reducing the price of their petrol today. Asda, Tesco and Morrisons are amongst those leading the way in the move, with customers at Asda seeing prices fall to 114.7p per litre for unleaded petrol and 116.7p for diesel. A spokesperson for...

Online grocer Ocado saw growth in its retail sales in the first quarter, up by 13.1% on the previous year. However, whilst average order volumes also grew, the pricing pressures due to the weakened pound saw the order amounts begin to fall. The company attributed much of this to a...

Cosmetics company Lush have announced that it is currently considering its options abroad due to the uncertainty regarding the government’s policies for Brexit. 20% of the company’s employees do not currently hold British citizenship, who have subsequently been described as “suddenly felt unwelcome and understandably upset”. The company have moved...

Cox and Cox have announced that Barclays will be investing approximately £1m, which will then enable the company to continue with its plans for growth. Currently the online retailer sells over 1,300 products including textiles and furniture items to a fledgling outdoor range. Barclays relationship director, Martin Crooks “It's great...

Companies in Northern Ireland felt the rise of costs more than the rest of the UK’s average as Brexit continues to take hold. The fall in the value of the pound was attributed to much of the increasing costs with the rate of inflation at an eight-year high. The impact...

The UK retail industry has suffered its worst February since 2009, as the continued effects of the economic uncertainty coupled with less than ideal weather conditions caused a downturn in like-for-like sales. A drop of 2.2% followed a previous drop of 1.7% last year, marking the third month in a...

Fashion retailer Gap have opened their first concept store, which features a personalisation service in-store. The store will be based in Bluewater shopping mall, and will stock the collections for men’s, women’s and children’s clothing along with their GapFit and Gap Body range of products. It was described as bringing...

As one of the largest sports retailers in Europe, Sports Zone are now being merged with JD Sports in a move to create an Iberian Sports Retail Group. Sports Zone are owned by Portuguese retail company Sonae, who will have approximately 50% of the shareholdings of the company formed by...

The Co-Operative bank is now closer to securing a buyer after almost collapsing in 2013. A £1.5bn hole in their finances brought about rapid and significant losses, even up to 2016 with the bank operating at a loss of £477.1m in that year. This was attributed to ongoing issues from...