Pret A Manger to shut 30 shops and cut 1,000 jobs
Sandwich chain Pret A Manger is to close 30 outlets and is expected to cut at least 1,000 jobs at other shops as part of a post-pandemic restructuring.
The company said the impact of coronavirus on trading meant it had to make a "difficult decision".
Pret said it needed to reduce headcount across its UK shops to "reflect lower footfall, rental costs and new safety measures".
Kim Kardashian West sells $200m stake in cosmetics brand
Reality TV star and socialite Kim Kardashian West has sold a $200m ($160m) stake in her cosmetics business to the French beauty giant Coty.
The star said the deal would help her reach a bigger global audience but she would keep creative control.
Ms Kardashian West is one of the world's best-known personalities, with 300 million followers over her personal and brand social media cha...Continue reading
Wirecard: 'It’s really bad. I’m left with nothing'
Dawn Guilfoyle is one of thousands who have been barred from using their cash cards because of the failure of huge German payments firm Wirecard.
"It's really bad. I'm left with nothing," she says. "Once the gas goes off, I'll have none for cooking or hot water."
Ms Guilfoyle's card, from the online firm Pockit, has been frozen because the UK financial regulator, the Financial Condu...Continue reading
Gambling watchdog 'toothless' in helping vulnerable, MPs say
The UK's gambling regulator and the government department that manages it have an "unacceptably weak understanding" of the harms of gambling, according to a report.
Parliament's Public Accounts Committee (PAC) said the "toothless" Gambling Commission also did not have measurable targets for helping problem gamblers.
It called the Department for Digital, Culture, Media & Sport "c...Continue reading
Lookers fraud probe reveals £19m hole in accounts
Car dealership Lookers has agreed to correct its accounts after auditors found it overstated profitability by a total of £19m over several years.
Auditors Grant Thornton have been investigating potential fraud at the Altrincham-based firm.
Their draft report found some "fraudulent expense claims" and "several areas" where financial controls "require strengthening".
Earlier th...Continue reading