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The Chartered Institute for Personnel and Development (CIPD) has warned that the recent boom in employment is likely to slow down in the coming months.According to a survey of 1,000 employers, 54% of companies plan to increase payroll, down from 65% last year and one in five said that they...
Users of crowdfunding website Kickstarter may have had their passwords, phone numbers and email addresses stolen when the website was hacked last week.The site, which allows funds to be raised for projects through donations online, said that no credit card information had been accessed.Chief executive Yancey Strickler said: "We're incredibly...
Figures from the Scottish Retail Consortium showed a fall in footfall to Sctoland’s shopping areas last month, fuelling suspicions that January’s sales figures will also show a decline.Footfall dropped 1.8% in January, a slight improvement on the 1.9% drop in December but failing to meet the increases seen south of...
An additional ten new and refreshed retail stores have now opened to complete a transformation of the shopping experience at Gatwick Airport’s South Terminal departure lounge. The new stores, including Zara, Ted Baker and Snow+Rock, have been selected based on passenger feedback.The new openings mark the final phase of an...
The unseasonably cold weather in the US seems to have triggered an unexpected fall in retail sales for January.Retail sales fell 0.4% last month, led by a fall in clothing, furniture and restaurants as footfall plummeted."Today's data unequivocally show that the unusually cold winter weather is weighing on economic activity....
US cosmetics group Avon may have to spend up to $132 million (£79 million) to settle long-running allegations that it may have bribed officials in China and other new markets.The company, which is the world's largest direct seller of beauty products, said that it has set aside the money in...
Over 2,000 Tesco.com customers have had their online accounts deactivated after their login details were shared online by hackers.The supermarket said that the list had been drawn up by hackers who had combed through data stolen from other sites and tried the stolen login details on Tesco.com to see if...
India drinks firm United Spirits has hired bankers to oversee a sale of its Whyte & Mackay whisky brand for as much as £450 million.The move comes after drinks giant Diageo bought a controlling stake in the group, triggering competition concerns.Investment banks Rothschild, Rabobank and Standard Chartered are thought to...
Hurricane force winds battered the UK yesterday, spelling travel chaos for commuters. Already hit by flooding, the UK is now expected to receive a brief respite today before gales of over 80 mph hit tomorrow.Train services were cancelled and delayed yesterday, including West Coast main line services, the Paddington-Reading line...
The Bank of England has said that the economy has not sufficiently stabilised to justify a rise in interest rates.The Bank had said that it would not consider raising interest rates until unemployment had fallen to 7%. It is predicted to hit 6.5% in early 2015.Governor Mark Carney said that...
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