‘There’s nothing to stop me working’
Craig TaylorThe numbers of over 70s still working has more than doubled in the past decade. BBC News – Business
Business
Sir Philip Green to close 25 more Evans and Miss Selfridge stores
The latest closures by his struggling Arcadia empire will include mostly Evans and Miss Selfridge shops. BBC News – Business
Mothercare sales plunge as losses widen
The baby goods retailer says it is on a “sounder footing”, even though UK sales fell nearly 9%. BBC News – Business
Topshop Set To Close A Further 23 Stores
In what is probably the final attempt to stave off administration Arcadia Boss Philip Green has announced the closure of 23 stores to add to the 200 UK stores already shut over the past three years. Once among the flagships of UK High Street fashion the group is facing stiff competition from online retailers such…
Fifa Postpones World Cup Expansion Until 2026
The mooted expansion of the World Cup from 32 teams to 48 has been put on hold until 2026 largely due to the current situation in the Middle East. Fifa President Gianni Infantino announced the feasibility study last October, but given that Qatar would have struggled to provide the additional venues and the alternative of…
British Steel Goes Into Administration
British Steel has been transferred to the Official Receiver and is in compulsory liquidation following a breakdown in rescue talks between the UK government and the company’s owner, Greybull. This has put 5,000 jobs at risk and endangering 20,000 further jobs in the associated supply chain. This course of action has been necessitated due to…