Rolls-Royce has announced 3,000 job losses will hit the firm's base in Derby and the company's Renfrewshire plant in Scotland. The engineering giant announced last month that due to the lower demand for air travel, it would cut a total of 9,000 jobs across its...
Up to 3500 jobs are at risk as fashion retailer Monsoon Accessorize is expected to file a notice of intention to appoint administrators, according to Sky News. The legal process gives the business ten days protection from creditors. Monsoon Accessorize owner,...
ASOS (LON:ASC) shares jumped on Wednesday as the group raised £247 million through a placing to help strengthen the business amid the evolving COVID-19 outbreak. Shares in the British online fashion retailer were up by 30% during trading on Wednesday. Before...
Tesco (LON:TSCO) shares were down on Wednesday after the company issued an updated concerning the outbreak of COVID-19. Shares in the British retailer were down by 5% during trading on Wednesday. Tesco said that it is "impossible" to predict the full...
Kingfisher (LON:KGF) has provided an update on the evolving COVID-19 outbreak and how this has had an impact on its business. Shares in the company were down by over 10% during trading on Tuesday. The company said that though most of...