FTSE 250 movers: EasyJet flies higher; Babcock slumps

London’s FTSE 250 was up 0.8% at 17,302.31 in afternoon trade on Tuesday. EasyJet was sitting pretty at the top of the index as it said it expects to report a smaller loss for the fourth quarter of the year and announced the expansion of its flight schedule amid stronger-than-expected …

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Major cuts since the start of Covid-19

Nearly 4,500 jobs have been lost in the UK only a few days into August as the furlough scheme there starts to wind down. Here is a list of employers which have announced major job cuts since the start of the pandemic. Major potential job losses announced since March 23: …

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Is subscription-based retail the future of shopping?

The UK subscription box market is forecast to reach £1bn in value by 2022. Nowadays, there seems to be a subscription box available for almost every category in online retail, from meal kits to craft kits, beauty products to confectionery. Subscription box retailers have enjoyed a steady growth in recent …

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Pizza Express may close 67 outlets and cut 1,100 jobs

Image copyright Getty Images Pizza Express is considering closing 67 of its UK restaurants, which would mean the loss of 1,100 jobs. The chain is the latest High Street outlet to undertake a restructuring of its business after trading was halted by the coronavirus pandemic. The news comes just a …

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