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Category: Business

Brexit disruption ‘is a challenge not a crisis’

January 25, 2021January 19, 2021wfn360com

Tesco says it has seen some disruption to food supplies in Northern Ireland since trading arrangements with the EU changed on 1 January. “We see this as a challenge at the moment, but not a crisis,” boss Ken Murphy said. But he said the retailer was working closely with government on both sides of the […]

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Super Nintendo World opening delayed by Japan’s virus outbreak

January 24, 2021January 19, 2021wfn360com

The opening of Nintendo’s first theme park has been delayed because of rising coronavirus cases in Japan. Super Nintendo World, modelled on levels of the company’s Mario games, had been due to open on 4 February. But Japan has expanded its state of emergency, due to last until at least 7 February, beyond Tokyo to […]

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Morrisons to be first UK supermarket to pay minimum £10 an hour

January 23, 2021January 19, 2021wfn360com

Morrisons will become the first UK supermarket to pay at least £10 an hour from April. It will increase its minimum pay for up to 96,000 workers from £9.20. Retail trade union Usdaw negotiated the £10 per hour basic rate which is 50p an hour above the voluntary Living Wage Foundation rate. However, other big […]

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Car loan lenders can seize vehicles from February

January 22, 2021January 19, 2021wfn360com

People falling behind on credit payments for cars and other products may soon have their items seized by lenders, under the regulator’s plans. A ban on repossession of goods and vehicles is due to expire at the end of January. The Financial Conduct Authority (FCA) said that extending the ban could leave people owing much […]

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Brexit export EU costs a ‘nasty shock’ for small business owners

January 21, 2021January 19, 2021wfn360com

The UK’s new trading relationship with the European Union (EU) might be less than two weeks old but some businesses – and their European customers – are already struggling to adjust to the new trading landscape. ‘Horrified’About half of the posters Bill Philpot creates and sells from his Suffolk-based studio are sold to customers in […]

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Media billionaire David Barclay dies, aged 86

January 20, 2021January 19, 2021wfn360com

Sir David Barclay, the co-owner of the Daily Telegraph newspaper, has died at the age of 86. Sir David, together with his twin brother Sir Frederick, built up a business empire spanning hotels, retail and media. His death was announced in the Telegraph, which reported that he died on Sunday after a short illness. Prime […]

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Edinburgh Woollen Mill rescue deal to save 2,000 jobs

January 19, 2021wfn360com

A deal has been agreed for the sale of the Edinburgh Woollen Mill, Ponden Home and Bonmarché chains, which were on the brink of closure. The businesses went into administration last year after a collapse in sales due to the pandemic. Almost 2,000 staff will be kept on but as many as 260 stores could […]

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