Marks & Spencer to cut 7,000 jobs over three months | Business

Pizza Express – 1,100 jobs
7 September: The restaurant chain confirms the closure of 73 restaurants as part of a rescue restructure deal.

Costa Coffee – 1,650 jobs
3 September: The company, which was bought by Coca-Cola two years ago, is cutting up to 1,650 jobs in its cafes, more than one in 10 of its workforce. The assistant store manager role will go across all shops.

Pret a Manger – 2,890 jobs
27 August: The majority of the cuts are focused on the sandwich chain’s shop workers, but 90 roles will be lost in its support centre teams. The cuts include the 1,000 job losses announced on 6 July.

Marks & Spencer – 7,000 jobs
18 August: Food, clothing and homewares retailer cuts jobs in central support centre, regional management and stores.

M&Co – 400 jobs
5 August: M&Co, the Renfrewshire-based clothing retailer, formerly known as Mackays, will close

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5 reasons why I only have one personal credit card

This article is brought to you by the Personal Finance Insider team. It has not been reviewed, approved, or otherwise endorsed by any of the issuers listed. Some of the offers you see on the page are from our partners like Citi and American Express, but our coverage is always independent. Terms apply to the offers listed on this page.

  • Having more than one credit card can make it harder to keep track of your spending and stay out of debt.
  • After years of having three cards and accruing debt, I now only the JetBlue Card, and I’m debt-free.
  • Using one card helps me maximize my travel rewards while also limiting my spending.
  • It’s also helped me maintain my credit score since I’m able to make all my monthly payments.
  • See Business Insider’s list of the best credit cards »

The temptation to open up a new credit card seems

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Digital Transforming Consulting Market Receives Significant Impetus During COVID-19 Outbreak; Demand to Sustain Post Pandemic

The MarketWatch News Department was not involved in the creation of this content.

Sep 07, 2020 (TS Newswire via Comtex) —
KD Market Insights has published a report on global Digital Transforming Consulting market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Digital Transforming Consulting market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025. The report covers a detailed chapter on market segmentation of Digital Transforming Consulting market covering market segments by End User, Enterprise Size, Services.

The report offers an exhaustive analysis of the market trends, opportunities,

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What is the average cost of travel insurance?

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

  • Travel insurance costs vary based on a few factors, but research by Business Insider found the average travel insurance policy costs $111.
  • Where you’re going has a very small effect on your cost, though insuring domestic trips does tend to be slightly cheaper. 
  • Your age does tend to have some effect on travel insurance pricing. After age 40, travel insurance prices tend to increase. 
  • The longer a trip, or the more people going, the more expensive a trip will be to insure. Generally, that’s simply because the trip costs more. 
  • See Business Insider’s top picks for travel insurance companies in 2020 »

According to data gathered by Business Insider, the

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Innovation is too important to leave just to innovators

Innovation is the engine that drives contemporary economies. Living standards are determined by productivity growth, which in turn depends on the introduction and dissemination of new technologies that allow an ever-wider variety of goods and services to be produced with fewer and fewer of our planet’s resources. Policymakers and the public at large understand the importance of innovation. What is less well appreciated is the degree to which the innovation agenda has been captured by narrow groups of investors and firms whose values and interests don’t necessarily reflect society’s needs.

In today’s advanced economies, private firms undertake the bulk of research and development (R&D). The business sector’s share of total R&D spending ranges from 60% in Singapore to 78% in South Korea, with the US closer to the higher end, at 72%. But it is the public sector that provides the essential social, legal, and educational infrastructure that sustains private

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Nordea Investment Management AB Buys New Stake in Mimecast Ltd (NASDAQ:MIME)

Nordea Investment Management AB purchased a new stake in Mimecast Ltd (NASDAQ:MIME) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 230,656 shares of the technology company’s stock, valued at approximately $9,206,000. Nordea Investment Management AB owned about 0.36% of Mimecast as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in MIME. Bainco International Investors acquired a new position in shares of Mimecast in the 1st quarter valued at about $28,000. Advisor Group Holdings Inc. purchased a new position in Mimecast during the first quarter valued at approximately $35,000. First Mercantile Trust Co. lifted its holdings in Mimecast by 31.0% in the first quarter. First Mercantile Trust Co. now owns 1,193 shares of the technology company’s stock valued

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Columbus non-profit helps homeless provide food, veterinary care for their pets

Faithful, Forgotten Best Friends also provides leashes, collars and dog licenses.

COLUMBUS, Ohio — “Once your eyes are open to it, you wonder how you didn’t see it.” 

When Connie Swackhammer sees someone who’s homeless, she wants to help. Years ago, her son opened her eyes to the plight of the homeless and she says she saw something unexpected. 

“We would notice that people that looked like they probably were homeless or in need, they would go into restaurants and they would tether their dog outside… and then they would come outside to their pet and go ahead and share their sandwich with them,” Swackhammer said.

Seeing that sparked an idea. 

She would collect pet food to help the homeless take care of their furry friends. 

That’s how the seed was planted for “Faithful Forgotten Best Friends,” a non-profit that grew from her son’s love for animals and a desire

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PSEG, LIPA must power up response

 For most Long Islanders, their electric utility only merits their attention in two situations: when the power bill comes in and when the lights go out, and the freezers and refrigerators, internet and televisions, medical equipment and air conditioners.

After Tropical Storm Isaias pummeled the region with heavy winds last month, hundreds of thousands of Long Islanders had to think about PSEG Long Island, the for-profit power company that operates LIPA’s publicly owned system. And what they experienced left them furious.

The communications and outage management system that has supposedly seen huge upgrades from a $30 million investment since superstorm Sandy hit in 2012 and PSEG took over operations from National Grid in 2014 failed. Inconvenienced customers who could not make contact were fuming, and residents dealing with live wires or powerless life-support equipment were endangered.

It also led PSEG to believe it needed fewer fixes than the 20,000 necessary

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5 personal finance concerns in this uncertain time

With the pandemic continuing to spread, it is crucial to have the right insurance coverage.

The coronavirus pandemic has wreaked havoc across the globe, affecting the lives of numerous people. Besides creating a public health crisis, the impact of this viral outbreak on the economy has been severe. With several industries taking the direct hit, many people have been laid off or furloughed. At an uncertain time like this, it is natural to worry about whether you have enough savings, whether and how long you can survive without a job, etc.

These are valid concerns as the current crisis has also disrupted our personal finance plans. In this context, let us look at 5 personal finance concerns.

1. Availability of an emergency fund

The pandemic has made us realize the importance of having a contingency fund which can cover 3-6 months of basic living expenses, including food, rent and monthly

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Give Your Branding a Boost with Access to 1.5 Million Icons for Less Than $50

You can’t produce great branding without great design assets.

Free Book Preview Ultimate Guide to Social Media Marketing

This book takes readers through a 360-degree perspective of social media marketing in businesses.


2 min read

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.


You can have the best prices on the market or make the finest product, but in a world in which people spend less than 20 seconds on a web page, it’s impossible to overstate the value of great branding. Branding is everything for small businesses and you can’t produce great branding without great design assets. Whether you want to give your design team the ammunition they need to succeed or you’re overseeing your own branding

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