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News


Big Companies Confirm Thousands of Job Cuts as COVID Crisis Bites

Wednesday 1st July, 2020 Written by Keith Tully

The impact of coronavirus is taking its toll on a growing list of large companies and major employers.

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UK Economy Suffered Sharpest Quarterly Contraction Since 1979

Tuesday 30th June, 2020 Written by Keith Tully

The three months to the end of March saw the UK economy suffer its sharpest quarterly decline in overall output since the late 1970s.

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Survival Hanging in the Balance for Many Businesses, Says CBI

Monday 29th June, 2020 Written by Keith Tully

The survival of many UK companies continues to hang in the balance as the country and the government look for ways to safely reopen the economy.

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Trafford Centre Owner Intu ‘likely’ to Enter Administration

Friday 26th June, 2020 Written by Keith Tully

The owner of some of the largest shopping centres in the country has issued a statement saying it is “likely” to appoint administrators.

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Go Outdoors Bought Back from Administration by JD Sports in Pre-pack Deal

Wednesday 24th June, 2020 Written by Keith Tully

Go Outdoors has been placed in and acquired back out of administration in a pre-pack deal by its former and now current owner JD Sports.

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UK’s Manufacturing Output Suffers Worst Downturn on Record

Tuesday 23rd June, 2020 Written by Keith Tully

The scale of output among manufacturers across the UK contracted at its fastest pace ever during the three months to June, according to the latest figures on the subject.

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Third of Furloughed Employees ‘Being Asked to Work by Their Bosses’

Thursday 18th June, 2020 Written by Keith Tully

As many as a third of people furloughed by their employers have been asked to carry out at least some aspects of their usual jobs while on furlough.

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Government Hoping to Keep the Peace Between Landlords and Cash-strapped Companies

Thursday 18th June, 2020 Written by Keith Tully

The government is reported to be readying a plan that it hopes will keep the peace between the differing sides in commercial rent disputes that have emerged across the country.

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Companies Put Investment and Hiring Plans on Hold as Economic Pessimism Persists

Thursday 11th June, 2020 Written by Keith Tully

Directors of companies across the UK have put their investment and hiring plans largely on hold as they look to ride out the COVID-19 crisis.

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