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Evening Standard
FTSE 100 set to fall as UK employers suffer Covid workforce shortages
The FTSE 100 Index was set to fall further below the 7100 mark today as concerns mounted about the large numbers of workers absent from work after being “pinged” by the NHS Covid app.Some factories and other workplaces report being 20% on staff numbers due to people having to stay at home and self-isolate.Labour shortages …
Business
Sky News
PM not keen on placing ‘extra taxes on hard working people’ amid calls for new salt and sugar tax
Boris Johnson has said he is not attracted to the idea of imposing an extra tax on salt and sugar which would hit “hard working people” the hardest.On Thursday, a review of the food we consume suggested a Salt and Sugar Reformulation tax could be added to food sold in shops, cafés and canteens in …
Business
Evening Standard
Londoners planning ‘nomadic working’ summer from UK holiday destinations, new report finds
Nearly half of the London white-collar workforce could be planning a so-called “nomadic working” trip this summer, a new survey has found. Of more than 2,000 city-based British workers polled by YouGov, 19% said they are considering making the most of their employer having a remote working policy in place this summer by toiling from …
Business
Sky News
Beckham in talks to buy out consumer products venture
David Beckham’s management company is in talks to buy out the former England captain’s consumer products licensing joint venture, a move that would give him greater control of a lucrative array of commercial endorsements.Sky News has learnt that David Beckham Ventures Limited (DBVL) is in the early stages of negotiations with Global Brands Group (GBG), …
Business
Sky News
John Lewis and Waitrose owner to cut 1,000 jobs in store management shake-up
The owner of department store chain John Lewis and supermarket Waitrose is to cut around 1,000 jobs in a store management shake-up.John Lewis Partnership (JLP) said it was following in the footsteps of rival retailers by simplifying management structures so it can reinvest in customer service and sprucing up its shops. It is the latest …
Business
Sky News
John Lewis and Waitrose owner to cut 1,000 jobs in shake-up
The owner of department store chain John Lewis and supermarket Waitrose is to cut around 1,000 jobs in a store management shake-up.John Lewis Partnership (JLP) said it was following in the footsteps of rival retailers by simplifying management structures so it can reinvest in customer service and sprucing up its shops. It is the latest …
Business
Sky News
Average UK house price surges by 10% and nears record high
House prices in the UK continue to increase, with the average price for a home surging 10% in the year to May, new data has revealed.But London homeowners were left behind, with the capital continuing to be the region with the lowest annual growth for the sixth consecutive month, the Office for National Statistics (ONS) …
Business
Sky News
Airbnb listings lead to increased neighbourhood violence, study finds
Airbnb and similar online platforms for short-term rentals are causing an increase in violent crime, according to new research.The peer-reviewed study, published in the journal PLOS ONE on Wednesday, examines whether there is any truth to anecdotal news reports that lodging platforms contribute to crime. It found evidence that Airbnb listings lead to more violence …
Business
Business Weekly
Critical Mass. Abcam wants 300 for new Boston area base
Cambridge life sciences influencer Abcam plans to boost headcount from 160 to 300 at its major new site in Waltham Massachusetts. The new facility is key to Abcam’s US growth – reinforcing its commitment to support the research and biopharma sector globally and serving as a hub for the company’s R & D and commercial activities in …
Business
Business Live
Knights breaks £100m revenue barrier after “robust” performance
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Business
Business Live
Dunelm enjoys shoppers’ spending spree – as inflation hits 2.5%
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Business
Evening Standard
Hugo Boss shares soar as German design house reveals it expects 2021 revenue growth of 30-35%
Hugo Boss shares soared on Wednesday morning after the German design house revealed stronger-than-expected results. The fashion firm, known for its suits, said it saw second quarter sales up 133% on the same period in 2020 to €629 million (£536 million) as white-collar workers prepare for a return to the office. It now expects adjusted …

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