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Next boss warns of dramatic fall in entry-level jobs
It has hoovered up brands including Joules, Fatface, Cath Kidson, and Made.com that have struggled in recent years, and employs more than 30,000 people across its businesses. Earlier this month, the retailer increased its full-year profit expectations to £1.2bn, with sales up 6.2% in the first quarter.
Oil back above $100 as conflicting reports emerge on US-Iran talks
In morning trading, Japan’s Nikkei 225 was 0.8% higher, the Hang Seng in Hong Kong was up by 1.6%, while South Korea’s Kospi rose by 2.2%. They had fallen sharply on Monday as Asian countries are heavily dependent on oil and gas that would normally pass through the strait.
Christmas toy appeal starts for Hackney and Haringey children
Organisers of a Christmas toy appeal are urging people to donate to the project if they are able to, so they can give gifts to thousands of children living in extreme hardship in north and east London. The Hackney Local Buyers Club is running its 12th annual appeal, but fear donations will drop due to…
Stoke takeaway owner delivers 1,000 presents to children in need
A takeaway owner has delivered a thousand presents to children across his city this Christmas. Arfan Mohammed, the owner of Sizzlers Fastfood, has donated a pound from every order to buy presents for children who might otherwise not receive one on Christmas Day. Pupils at Our Lady and St Benedict Academy are some of the…
EU steel tariff hike threatens ‘biggest crisis’ for UK industry
The EU has announced plans to hike tariffs on imported steel in a move the UK’s steel industry has said could be “perhaps the biggest crisis” it has ever faced. The commission has set out plans to cut the amount of steel that can be imported into the bloc by half – beyond which the…
