Latest World News
Tesco has announced that around 4,500 staff in 153 Tesco Metro stores are set to lose their jobs. The supermarket said they are making changes to the way the stores operate to “serve shoppers better”. Tesco boss Jason Tarry said the firm did not take the redundancy decision lightly. The company said the metro store…
Farms in country lanes and surrounded by fields are being targeted by criminals. According to NFU Mutual, losses to British farmers from theft hit a seven-year high of £50 million in 2018. There was a 26% rise in claims for stolen farm vehicles such as tractors and quad bikes last year with all claims adding…
Volvo is recalling over 500,000 cars world wide after an investigation found a fault in the engine component which may cause the vehicle to catch fire. The Swedish car maker has just issued the recall this morning (July 22nd, 2019). In the UK more than 69,000 cars are affected and Volvo will be contacting the…
Shares of online fashion retailer Asos have lost more than a quarter of their value when a profit issue was offered earlier today. Asos revenue was up by 12% in four months until the end of June compared to the sales last year. Chief executive Nick Beighton said annual pre-tax profits were now expected to…
The footwear chain Office is considering a restructure that could result in some store closures after being hit with the high street downfall. The retailer suffered a 3% fall in UK sales in the six months to December 2018, it closed six of its 100 UK outlets. It has been said Office are planning to…
The UK triggered Article 50 of the Treaty of the European Union on 29 March 2017. As set out under that treaty, the UK has two years to negotiate a Withdrawal Agreement and framework for a future relationship with the EU before the point of the UK’s exit from the EU at 11pm GMT on…
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