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A planning application for a new £10 million retail park in Nottingham will create up to 200 jobs.If successful, Cedar House Investments’ application will transform a derelict five-acre site in Daleside Road into East Point, a retail site anchored by supermarket chain Aldi. There will be a further 30,000 sq...
A new programme aimed at getting the long-term unemployed back into work begins today, with people who have not found work after two years on the Government’s Work Programme being obliged to enrol on the new scheme.Work and Pensions Secretary Iain Duncan Smith said: "Everyone with the ability to work...
Bookmaker chain William Hill has said that it will close 109 shops this year as a result of the increase on duty for fixed-odds betting machines from 20% to 25%. The move will jeopardise approximately 430 jobs.William Hill said the decision to shut stores was "disappointing" but the duty increase...
The Confederation of British Industry (CBI) has said that its expectations for the UK economy in the next three months is “exceptionally strong”.In its latest monthly survey, data from the CBI showed that the retail sector was leading the charge, with the strongest output growth of any sector.The CBI’s chief...
Labour leader Ed Milliband will say that his party will ban zero hours contracts in a speech in Scotland later today.Zero hour contracts allow businesses to hire staff and only pay them for the hours they actually work rather than a fixed salary and with no guarantee of work.Speaking in...
Four of the world’s biggest technology firms, Apple, Google, Intel and Adobe have settled a court case which alleged they worked together to drive down salaries.The class action also alleged that the firms had made an agreement not to poach staff from each other.The details of the settlement have not...
Online retailer Amazon has said that the year was off to a “kinetic” start, despite expenses eating into profits.Strong sales, which were 23% up in the first quarter, helped profits jump 32% to $108 million (£64 million) but the figure would have been more impressive were it not for a...
MAC Cosmetics has released details of its collaboration with singer Lorde. The collection will include a deep plum lipstick and black Penultimate eye liner which will be available on June 5th in MAC’s Times Square and Fifth Avenue stores, before becoming available internationally in July.“I have loved MAC Cosmetics since...
Retailers are creating more jobs as confidence grew throughout the industry in the first quarter.According to the BRC-Bond Dickinson Retail Employment monitor, the equivalent number of full-time jobs rose by 1.8% in the first quarter of 2014 compared with the same period last year adding strength to recent improvements in...
Fashion chain Blue Inc is reported to be close to a flotation on the London Stock Exchange, joining a raft of retailers who are looking to make similar moves this year.The move follows the departure of current chairman Sir Stuart Rose according to the Telegraph. The company, founded in 1912,...
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