Primark to repay £121 million in furlough cash despite falling sales

Primark’s owner will repay £121 million in furlough money claimed under government job retention schemes and pay out a dividend to shareholders despite a slump in profits. Associated British Foods (ABF) said the decision comes despite stores remaining closed for most of the autumn and winter period, leading to revenues and profits plunging. Sales were […]

Primark to repay £121 million in furlough cash despite falling sales

Primark’s owner will repay £121 million in furlough money claimed under government job retention schemes and pay out a dividend to shareholders despite a slump in profits. Associated British Foods (ABF) said the decision comes despite stores remaining closed for most of the autumn and winter period, leading to revenues and profits plunging. Sales […]

UK unemployment rate unexpectedly drops below five per cent

The rate of unemployment in the UK fell slightly to 4.9 per cent from December 2020 to February 2021, some 0.9 percentage points higher than the same time last year. Economists had predicted that the unemployment rate would edge up to 5.1 per cent as Britain spent the winter months in lockdown. “The latest […]

UK unemployment rate unexpectedly drops below five per cent

The rate of unemployment in the UK fell slightly to 4.9 per cent from December 2020 to February 2021, some 0.9 percentage points higher than the same time last year. Economists had predicted that the unemployment rate would edge up to 5.1 per cent as Britain spent the winter months in lockdown. “The latest figures […]

MunchFit fuels up with £1.2M through equity crowdfunder

MunchFit, healthy food provider to luxury gym Equinox and elite studio Barry’s Bootcamp has closed £1.2m through a recent crowdfunding campaign via Crowdcube, after attracting substantial investor interest. Helping to accelerate training results by taking the guesswork out of what to eat, the upmarket goal-based meal service secured equity investment from 330 “Fitvestors” to […]

MunchFit fuels up with £1.2M through equity crowdfunder

MunchFit, healthy food provider to luxury gym Equinox and elite studio Barry’s Bootcamp has closed £1.2m through a recent crowdfunding campaign via Crowdcube, after attracting substantial investor interest. Helping to accelerate training results by taking the guesswork out of what to eat, the upmarket goal-based meal service secured equity investment from 330 “Fitvestors” to take […]

Quarter of UK SMEs worried they won’t survive the year

New research finds that a quarter of small businesses think it is unlikely they will be in business beyond the end of the year as a result of the pandemic. The analysis, undertaken just after the Government announced its roadmap out of lockdown in March, looks to uncover how SMEs are feeling about business […]

Quarter of UK SMEs worried they won’t survive the year

New research finds that a quarter of small businesses think it is unlikely they will be in business beyond the end of the year as a result of the pandemic. The analysis, undertaken just after the Government announced its roadmap out of lockdown in March, looks to uncover how SMEs are feeling about business conditions […]

New study reveals huge increase in females becoming tradeswomen in the UK

A new study has found a growing increase in the number of females taking on ‘trade jobs’ in the UK – a space usually dominated by males. The study which analysed the biggest trade jobs women are stepping into identified a rise in the number of women learning the trade younger. Results found there […]

New study reveals huge increase in females becoming tradeswomen in the UK

A new study has found a growing increase in the number of females taking on ‘trade jobs’ in the UK – a space usually dominated by males. The study which analysed the biggest trade jobs women are stepping into identified a rise in the number of women learning the trade younger. Results found there has […]