News Tag: struggle
January 18, 2010
Research group Centre for Cities has warned that some UK cities will take years to return to pre-recession levels.
The independent think tank said cities such as Stoke-on-Trent, Barnsley, Doncaster, Burnley and Newport will feel the effects of the recession for many years to come as people in these areas are less qualified and there are fewer business ...
Think tank warns of slow recovery for some UK cities
by Kay Murchie
November 18, 2009
Wolseley, which is the world’s largest supplier of plumbing and heating equipment, today reported a 45% fall in underlying profits in the three months to the end of October.
The company has been badly hit by the housing market downturn and warned that its struggles continue after revenue slumped 13% to £3.4 billion in the three month period.
The plumbers’ merchant ...
Wolseley continues to struggle as profits slump
by Kay Murchie
October 28, 2009
Thousands of jobs are at risk at Threshers and Wine Rack after a source close to the company revealed to The Times that administration could not be ruled out as the group struggles amid the economic downturn.
The off-licence’s owner, First Quench Retailing, has confirmed it is looking at "restructuring options" after warning earlier this year of its ability to continue as a ...
Threshers Off-Licence jobs at risk
by Kay Murchie
October 19, 2009
The Ernst & Young Item Club, a respected group of economists, believes that the UK economy will struggle to achieve 1% growth next year and it is still too early to declare a recovery.
The influential think tank is forecasting some growth in the latter half of 2009 but Gross Domestic Product (GDP) will struggle next year as ...
UK GDP will struggle in 2010 warns E&Y Item Club
by Kay Murchie
September 15, 2009
Ethical investment funds have lagged behind the performance of conventional funds over the past 12 months, falling by an average of 16.7%
Only three out of 60 ethical funds posted a positive return in the past year, research by Investment Life and Pensions Moneyfacts discovered.
Looking back over three years presents an equally gloomy picture, with ethical funds dropping in value by an average ...
Ethical funds struggle in recession
by David Masters
December 29, 2008
According to the Chartered Institute of Personnel and Development (CIPD), the first quarter of 2008 could see nearly 300,000 people lose their jobs in Britain, making it the worst year for jobs since the early 1990s.
The organisation is warning that unemployment is set to rise even more over the next 12 months, taking the ...
CIPD: 2009 set to be worst year for employment for nearly 20 years
by Kay Murchie
