More than 5,000 people were the victims of holiday booking fraud last year with a total loss of £7 million according to research. Travel association ABTA said victims lost an average of £1,380 each after buying fake airline tickets, accommodation or organised tours. ABTA said fraudsters were using increasingly professional methods to target people who are…
To the surprise of no- one outside of the Government and the press, the High Pay Centre (HPC) has come out with a report indicating that institutional investors are not interested in tackling excessive executive pay, despite new powers to do just that being introduced by the former Coalition Government. Their analysis showed that between…
Seven more Marks & Spencer stores will close for the last time this weekend, bringing the total of store closures up to 47. They plan to axe 100 shops by 2022 in a strategic move aimed to make a third of clothing and homeware sales online. More evidence in the changes affecting the high street…
Hundreds of operators in a high pressure call centre are set to switch to a four-day week with no loss of pay. An insurer becomes the biggest UK company yet to trial a reduction in working hours. Simply Business employs more than 500 people will launch a trial from September involving call operators in its…
The owner of the Lakeside and Trafford Centre shopping centres, Intu, has cut its predictions for rental income. Intu said 2019 would be challenging due to a rise in rescue deals as stores are struggling to pay their rent. It added that retailers were also delaying signing any new leases due uncertainty in “political and retail”….
The Treasury decides to continue with copper coins and sets a plan to ensure people have access to cash. BBC News – Business
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Craig Taylor