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'I lost £90,000 in the House of Fraser sale'

Image copyright And Rising Image caption Jonathan Trimble, chief executive of And Rising Jonathan Trimble's advertising agency And Rising took a £90,000 hit in the House of Fraser administration in 2018. It was one of hundreds of suppliers caught up by the insolvency, which left unsecured debts of nearly £500m.House of Fraser was "pre-packed" -…
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Workplace bullying: 'Fear is the biggest factor'

A quarter of employees think their company turns a blind eye to workplace bullying and harassment, according to a report by the Chartered Institute of Personnel and Development (CIPD).Although 15% have experienced bullying in the past three years, more than half of them did not report it to the firm."Fear is the biggest factor," said…
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Department store Beales collapses into administration

Image copyright Beales One of Britain's oldest department stores has collapsed into administration, putting more than 1,000 jobs at risk.Beales has appointed KPMG as administrators after failing to secure a sale.The department store began trading in Bournemouth in 1881 and has 22 shops.It is understood there will be no immediate closures and Beales stores will…
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HS2: Rail link costs could rise to £106bn, says review

Media playback is unsupported on your device Media captionHS2: How much work has already been done?Building the high-speed rail link HS2 could cost up to £106bn, a government-commissioned review has said.The unpublished report, leaked to the Financial Times, says there is "considerable risk" that estimated costs could rise by another 20%.In 2015, HS2 was set…
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Fevertree loses its fizz as shares dive after 'subdued' Christmas

Image copyright Getty Images Shares in fizzy drink maker Fevertree fell more than 20% after it said Christmas trading was "subdued."The company now estimates that 2019 sales rose 10% to £260.5m, lower than expected due to a weaker festive season.Mixers like its tonic water and ginger beer have "not been immune from the consumer belt…
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Stagecoach takes rail franchise row to High Court

Image copyright Getty Images Image caption Virgin Trains were replaced on the West Coast Main Line after Stagecoach was disqualified UK rail operator Stagecoach is taking the government to the High Court later, where it will argue ministers acted unlawfully in awarding rail franchises.Last year, Stagecoach and its partners were barred from bidding to run…