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Tag: cut

The high street fashion retailer told staff it intends to slash store management and senior sales roles as part of a restructure of its retail team. The move comes just a month after it had already said it would cut 250 head office staff as part of cost-cutting measures. River...
AFTER 9 years of no increase in their council tax, Haringey Council is consulting to increase its council tax in order to support deal with increasing budget pressures. £122 million reduction in government funding has mean hard cuts in service and the budget have had to be made. The council...
  UNCLEAR clarity in Brexit has led the Bank of England to cut its UK growth forecast. The Bank said uncertainty over the UK’s departure from the EU had “intensified considerably” over the past month. Against a backdrop of weaker global growth, the Monetary Policy Committee (MPC) voted unanimously to keep interest...
Although, knife crime being a major concern in London, the Borough of Croydon is seeing a sharp fall in the number of attacks. Activist Donna Murray-Turner is trying to get the community, the council and the local police to work together to break the cycle of violence. Since November last...
OVER 120 New Look stores may close at it tries to revive its fortunes. The fashion retailer said in March it would shut 60 stores through a restructuring deal with its creditors, to cut costs and improve profitability. On Tuesday it said that had risen to 85, because landlords have been exercising...
Tuition fees in England’s universities could be cut to £6,500 – but with much higher fees, up to £13,500, proposed for some subjects that could lead to higher earnings, such as medicine or science. That’s an idea that seems to be under serious consideration by the prime minister’s review of...
DANISH jewellery maker Pandora is to reduce almost 400 jobs, subsequent to alerting that full-year sales will be less than expected. Shares were trading down by almost 20% in Copenhagen at 11:45 BST, the lowest level since May 2014. Pandora has been affected due to less people visiting shopping centres....
HACKNEY Council has declared to reduce spending within its adult social care budget for 2018-19 by £2.3m. The bulk of the savings to the budget will impact on the delivery of Housing Related Support (HRS). HRS is designed to help vulnerable residents live independent lives in the community, providing a...
The portion sizes of some of Britain's most popular foods are to be cut, with health officials telling the public it is time "to get on a diet".
NEW PLANS for a network of water fountains for the capital have proposed to cut back on the amount of plastic bottled used. In the few short weeks of 2018 it’s clear to see that the UK is pushing to reduce the amount of plastic we use.