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Peacocks clothes firm plans to call in administrators

Clothing retailer Peacocks says it intends to call in the administrators after failing to restructure £240 million of company debts.The company employs more than 400 at its Cardiff HQ and nearly 10,000 more across the UK. The firm has experienced spectacular growth over the past 15 years, but is saddled with debts dating back to [...]

March 21, 2012 · Mr Jobs · No Comments
Tags: Full Time Jobs, Home Based Jobs, Home Based Jobs Wales, Part Time Jobs, Part Time Jobs Wales, Redundancy, Retailing Jobs, Risk of Redundancy · Posted in: Full Time Jobs, Home Based Jobs, Home Based Jobs Wales, Part Time Jobs, Part Time Jobs Wales, Redundancy, Retailing Jobs, Risk of Redundancy, Uncategorized, Unemployment Rises

Economists predict low growth for Wales in 2012

Economists have warned that the Welsh economy will struggle to achieve growth in 2012.Last month, the Office for Budget Responsibility (OBR) downgraded its forecast and said it expected the UK economy to grow by just 0.7% next year. Wales lags behind the UK average for economic activity and around 50,000 jobs have been lost since [...]

December 22, 2011 · Mr Jobs · No Comments
Tags: Earn Money, Home Based Jobs, Home Based Jobs Wales, Home Businesses, Home Working, Part Time Jobs, Part Time Jobs Wales, Work From Home · Posted in: Be Your Own Boss, Earn Extra Income, Earn Money, Financial Wellbeing, Home Based Jobs Wales, Home Businesses, Home Jobs, Home Working, Part Time Jobs, Part Time Jobs Wales, Positive Employment, Self Employment, Uncategorized

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  • UK unemployment falls by 45,000
    UK unemployment fell by 45,000 to 2.63 million in the first three months of the year official figures have shown.The jobless rate fell to 8.2%, the Office for National Statistics said. Youth unemployment was down by 17,000 to 1.02 million. But the number of people unemployed for more than a year increased by 27,000 to […]
  • UK service sector growth slows PMI survey shows
    Growth in the UK’s dominant service sector slowed in April but remained “solid” according to the Purchasing Managers’ survey.The Markit/CIPS services purchasing managers’ index (PMI) fell to 53.3 last month from 55.3 in March. A number above 50 still indicates growth. The survey found that profit margins were under pressure from a “strong” rise in […]
  • Shop failures cost 10,000 jobs in first quarter
    The number of retailers entering administration in England and Wales in the first quarter of this year was up 15% on a year earlier, says Deloitte.The business consultant says 69 firms failed during the three-month period, compared with 60 a year earlier. “The number of job losses that came as a result of these administrations […]
  • UK retail sales revival illusory
    Any revival in sales on the UK High Street “remains illusory” the British Retail Consortium (BRC) has warned.It comes as the BRC’s latest monthly figures showed that like-for-like UK retail sales – which pulls out new store openings – fell 0.3% last month, compared with February 2011. It added that while food sales rose, helped […]
  • RBS and Lloyds detail 1,900 job cuts
    The part nationalised banks RBS and Lloyds have announced that they will cut 1,900 jobs between them.RBS, which is more than 80% owned by the taxpayer, is cutting 460 jobs, leaving it with a net loss of 300 posts as it is creating 150 elsewhere. Lloyds, which is 40% owned by the taxpayer, said it […]
  • UK jobless total to rise by 100,000 over summer
    Some 100,000 more people will be without a job before the end of the summer, according to a new report.The IPPR think tank says unemployment may not peak until at least September, and that it could be 18 months before the UK jobless total falls. North-west and eastern England, London, and Yorkshire and Humberside will […]
  • Empty shops rate hits record new research shows
    The proportion of shops in Britain lying empty has hit a new record of 14.6% in February, according to figures compiled by the Local Data Company.Vacancy rates had begun to stabilise at the end of 2011, but they have risen in January and February, the LDC said. It is further evidence of a difficult start […]

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  • simon mickay on UK economy grows by only half per cent
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