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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 …
Business
Evening Standard
Seraphim: Investors rush to get on board space tech fund’s £180 million float
Seraphim Space Investment Trust lifted off on its London debut on Wednesday morning as investors delighted at a chance to explore a new frontier.The Airbus-backed Seraphim Capital saw its near-£180 million raise oversubscribed amid support from both City institutions and retail investors. It plans to acquire stakes in early-stage space tech firms and invest in …
Business
Business Live
Holy Island ice cream company Pilgrims Gelato switches to vegan
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Business
Evening Standard
Dunelm doubles sales amid home improvements boom
Britain‘s home improvement boom is outlasting the end of lockdown, helping Dunelm achieve a tidy set of results. The homewares retailer said sales in the 13 weeks to June 26 were up over 100% year-on-year to £380.1 million – a 43.9% rise compared to the same period pre-pandemic in 2019. Full year sales were up …
Business
Business Live
Merseyside Beales to reopen with a ‘very new look’ after pandemic closure

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