Thomas Cook has said that it is confident in reaching its financial targets for the year, after a cost saving plan began to bear fruit for the travel firm.The group’s turnaround plan is half way through its scheduled three years, which includes job cuts, branch closures and disposals.A disposal of...
The Local Data Company, which monitors more than 2,000 towns, shopping centres and retail parks, has said that average shop vacancy rates were below 14% for the first time in four years.However, the study also showed that vacancy rates in the North and East of England have all increased in...
Employees who are off sick for more than four weeks are to benefit from a new Government scheme to get them back into work more quickly.The Health and Work Service, will offer non-compulsory medical assessments and treatment plans to “support” people rather than forcing them back to work.The scheme will...
A survey by business consultants BDO has found that business optimism in the UK is at its highest level in 22 years.The monthly report incorporates results of surveys from the CBI, the Bank of England's Agents and data from business information providers, Markit.BDO said its optimism index, which incorporates results...
A report from the European Union statistics agency, Eurostat, has said that retail sales fell sharply across the Eurozone in the Christmas period, with German sales falling the most. December's sales fell by 1% across Europe, compared to a year ago, and by 1.6% compared to the previous month, worse...
The Recruitment Employment Confederation/KPMG has said that the number of job vacancies in the market is rising at the fastest rate since 1998. However, the study also said that recruitment consultants reported that staff availability continued to decline.Tom Hadley, director of policy at the REC, said that promoting the more...
The UK’s trade deficit narrowed sharply in December to its lowest since July 2012, according to the Office for National Statistics (ONS). The £2 billion fall was credited to an increase in exports for the oil, chemicals and aircraft industries and fewer imports. However, manufacturing output growth was 0.3%, half...
Monsoon Accessorize has returned to profit thanks to a focus on stock management and a refusal to discount.Group turnover rose 4.3%, boosted by a rise of a third in international sales which propped up a flat performance in the UK which accounts for the majority of the company’s turnover. Chief executive...
Overall shop prices reported deflation for the ninth consecutive month in January, accelerating to 1.0% from 0.8% in December, according to the British Retail Consortium (BRC), the deepest level of deflation since the series began in December 2006.Food inflation slowed to 1.5% from 1.7% in December, whist non-food reported annual...
UK fashion company SuperGroup has said that ongoing strong sales growth and improved margins will see the group remain on track to deliver profit in-line with expectations.Total group sales for the quarter increased by 22.1% to £141.1 million, whilst for the 39 weeks to 26th January sales increased by 21.7%...
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