Jan
2009
Articles from 7th Jan 2009
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Barclays to axe 400 IT jobs
Jan 07 2009 | Other UK business news
Barclays is to axe 400 jobs in its IT departments after a review of its operations. The bank said it would try to mitigate compulsory redundancies by releasing contractors, closing vacancies and offering workers the chance to apply for other jobs. Read
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Business leaders call for one per cent interest rate
Jan 07 2009 | Other UK business news
Business and industry leaders in the West Midlands have urged the Bank of England to cut interest rates to one per cent to give a shot in the arm to industry. Read
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M&S food store in Birmingham to close amid 1,200 job cuts
Jan 07 2009 | Other UK business news
Birmingham has been rocked by another jobs blow as Marks & Spencer announced the closure of its Simply Food store at Colmore Row in the city centre. Read
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One in ten shops will go in two months, claims Experian
Jan 07 2009 | Other UK business news
One in ten shops will stand empty by February as the crisis on the high street pushes store vacancy rates to record levels, according to new research. Read
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Next and Debenhams report upbeat Christmas results
Jan 07 2009 | Other UK business news
The UK’s beleaguered retail sector offered a rare glimmer of good news yesterday after Christmas trading updates from high street big-hitters failed to fulfil City fears of a sales meltdown. Read
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Business booming for Encore swap shop
Jan 07 2009 | Other UK business news
Dressed head to toe in designer clothes, hair and make-up immaculate, Christine Timms is the perfect advert for her Birmingham shop, which sells some of the world’s most exclusive labels to the city’s most savvy fashionistas. Read
