H&M announces plans to axe 170 stores across Europe this year after sales are hit by coronavirus

H&M announces plans to axe 170 stores across Europe this year after sales are hit by coronavirus By Tom Pyman For Mailonline Published: 10:06 BST, 7 July 2020 | Updated: 10:06 BST, 7 July 2020 Fashion giant H&M has announced plans to axe 170 stores across Europe this year in the wake of the coronavirus … Read more

Chancellor Rishi Sunak ‘will AXE stamp duty for six months’

Chancellor Rishi Sunak ‘will AXE stamp duty for six months’ in much-needed shot-in-the-arm for UK’s stalled housing market Rishi Sunak could exempt stamp duty on homes at the lower end of the market  Six-month holiday is aimed at giving the housing market a boost amid lockdown During lockdown, Britons were told not to move house, … Read more

Airbus reveals details of UK jobs axe with 1,400 going at North Wales plant

Airbus reveals details of UK jobs axe with 1,400 jobs going at North Wales plant and 300 at Bristol in latest blow to crippled air industry Job cuts by Airbus include 1,435 at its plant in Broughton, and 295 at Filton  The aerospace giant is set to cut some 15,000 jobs across its global operations  … Read more

John Lewis will close stores and axe staff as Harrods announces 700 jobs losses

John Lewis is expected to axe stores, workers and one of its headquarters as well as jobs at Waitrose as Harrods today revealed it must slash around 700 posts as coronavirus continues to choke Britain’s high streets The bad news at two of the UK’s best loved department stores came amid disaster for retailers up and down … Read more

Ryanair boss says airline will axe 3,500 jobs if pilots and cabin crew don’t agree to pay cuts

Ryanair will cut 3,500 jobs if pilots and cabin crew don’t agree to pay cuts, the airline’s owner Michael O’Leary announced today, as unions call for government help amid job losses at EasyJet and Airbus.  Yesterday plane maker Airbus announced it will cut 1,700 jobs in the UK, while EasyJet plans to cut 4,500 roles.  … Read more

John Lewis will close stores and axe staff as Harrods announces 750 jobs losses

John Lewis is expected to axe stores, workers and one of its headquarters as well as jobs at Waitrose as Harrods today revealed it will slash around 700 jobs as coronavirus continues to choke Britain’s retailers. The bad news at two of the UK’s best loved department stores came amid disaster on high streets up … Read more

Struggling Airbus to axe 15k roles worldwide including 1,700 in the UK

Struggling Airbus set to axe 15k roles worldwide including 1,700 at UK plant where it makes wings for jets By Daily Mail City & Finance Reporter Published: 22:27 BST, 30 June 2020 | Updated: 22:27 BST, 30 June 2020 Plane maker Airbus will axe 15,000 jobs worldwide as it struggles to survive the coronavirus crisis. … Read more

TM Lewin will close all stores and axe 600 jobs after collapsing into administration

TM Lewin will close all stores and axe 600 jobs after collapsing into administration due to coronavirus crisis By James Gant For Mailonline Published: 15:47 BST, 30 June 2020 | Updated: 15:59 BST, 30 June 2020 TM Lewin has become the latest retailer to collapse into administration, with 600 jobs lost. The 122-year-old shirtmaker’s 66 … Read more

Mark Damazer defends decision to axe Baroness Nicholson

Booker prize chairman claims Baroness Nicolson was axed for ‘bullying’ tweet and NOT anti-trans views as she apologises to transgender model and asks her out for dinner Mark Damazer said the Baroness did not represent the Foundation’s views at all The Baroness has asked trans activist and model, Munroe Bergdorf to dinner  Mr Damazer stressed the … Read more