Tag Archives: business-bbc

Debenhams to cut 2,500 more jobs amid pandemic 

This is on top of the 4,000 announced since May, meaning the retailer will have cut a third of its staff.

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Energy bills: Millions set to see ‘big savings’ as price cap lowered 

The price cap for gas and electricity bills is lowered by energy watchdog Ofgem as wholesale costs fall.

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Dixons Carphone to cut 800 store management jobs 

The Currys PC World owner said it was “not an easy decision” but it must respond to rising online sales.

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TikTok: Microsoft pauses talks on buying US arm – reports 

The tech giant’s possible purchase of the China-owned app’s US arm were put in doubt by Donald Trump.

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British Airways owner IAG says recovery will not be before 2023 

IAG group says recovery will take at least three years as it announces plans to raise billions in new funds.

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Coronavirus: New Avon sellers double during UK lockdown 

There has been a surge in people signing up to sell Avon beauty products over the past few months.

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British Gas workers told to sign new contracts or risk jobs 

Parent company Centrica says a fresh wave of redundancies is a “last resort”.

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Brexit: Ads highlight changes for UK holidaymakers 

Government campaign will also carry advice for UK and EU firms before the transition period ends.

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Coronavirus: Manicures and tattoos now possible in England as lockdown eases 

Beauty salons, spas and tattoo parlours are also allowed to reopen in the latest phase of changes.

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Coronavirus: Package holiday firms told to sharpen up on refunds 

The competition authority says some package holiday firms misled customers after virus-related cancellations.

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Rishi Sunak: The ‘whatever it takes’ chancellor 

He’s been dubbed “Dishy Rishi” and “an economic Jedi” but who is the man steering the UK economy?

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Eurozone recession ‘will be deeper than forecast’ 

France, Italy and Spain will be hit particularly hard by the Covid-19 pandemic, the EC says

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Coronavirus: Workers to pay tax on tests by their employer 

Covid-19 tests are classed as a benefit, which means staff face a mounting tax bill, say critics.

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Accountancy giants face revamp amid criticism 

The UK’s Big Four firms must ring-fence parts of their business after the collapse of firms such as Carillion.

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Lloyds boss António Horta-Osório to step down next year 

As well as announcing António Horta-Osório’s departure, Lloyds has also appointed a new chairman.

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