Retail news
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Channel Islands tax jobs warning
- Posted:
- 16 March 2012 09:59
A Jersey lawyer has warned today that hundreds of jobs could go in the Channel Islands after a High Court judge gave Chancellor George Osborne the go-ahead to close a loophole that exempts low-value goods from VAT. Ministers in Jersey and Guernsey wanted to stop the move that allows certain ...read more
Tesco "may raise retirement age"
- Posted:
- 14 March 2012 10:09
Tesco is consulting with employees over plans to raise the retirement age for its defined benefits pension scheme from 65 to 67 years.However, the group will keep its pension scheme, which has 293,000 members, including 172,000 active workers, open to new members, unlike many of its FTSE 100 Index peers.The ...read more
John Lewis Partnership bonuses cut
- Posted:
- 07 March 2012 10:27
Staff at John Lewis and Waitrose will see their bonuses cut for the first time in three years today as the company acknowledged the pressures of the economic downturn.John Lewis Partnership (JLP), which has more than 75,000 staff, announced a payout of between 14% of salary in its full-year results ...read more
Center Parcs begins planning fifth UK site
- Posted:
- 05 March 2012 10:20
Holiday company Center Parcs has announced the construction of its fifth UK site. The new development at Woburn, Bedfordshire will create a total of 1,500 new jobs, the majority of which the company will employ from the local area, as well as 1,200 construction jobs.Investment funds managed by Blackstone, Center ...read more
Tesco announces 20,000 new jobs over two years
- Posted:
- 05 March 2012 10:19
Tesco has announced today that it will create 20,000 new jobs in the UK over the next two years through "significant investment in customer service, refreshing existing stores and opening new ones."At the heart of this programme, Tesco plans to deliver new levels of excellence in customer service across its ...read more
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