As part of a company overhaul, 4,600 jobs at Rolls-Royce are to be axed over the next two years in order to save £400 million a year by 2020.
The British Retail Consortium (BRC) has reported sales in the retail industry have risen by a total of 4.7% in May 2018, when compared to the same month last year. This is promising news as for the past few months reports have suggested high street retail is slowly declining, due to more interest in their competition of online shopping.
Have you recently opened your own retail coffee shop? Or are you just browsing the market for insurance policies that your store would benefit from? At Alan and Thomas, we have a variety of different insurance policies that suit particular industries and retail stores. We recommend three main insurance policies for coffee shops that include legal liability, property damage, and equipment breakdown insurance.
The GDPR deadline is approaching and its going to have some serious affects on how retail businesses handle their customers’ data. Despite being less than a month away, the majority still aren’t ready for the new legislation, with 57% of 101 retailers revealing in a recent survey that they were not fully prepared.
In recent years it seems that the UK is catching up with America, in signing up for paid monthly subscriptions to services and products from retail businesses currently on the market. Research findings conducted by YouGov found 1 in 10 people in the UK are subscribed to at least one business’s services, and it has proved to be an important revenue opportunity for retail businesses.
According to research conducted by the Federation of Master Builders (FMB) the shortage of workers in bricklaying, surveyor and construction roles has reached a record high in the UK, and unless something is done the industry will not be able to keep up with Government demands for thousands of new homes per year.