universal-credit-two-child-benefit-cap-to-be-relaxed

Universal credit: Two-child benefit cap to be relaxed

Image copyright AFP/Getty Images Image caption Amber Rudd will make her first major welfare speech on Friday Around 15,000 families with three or more children will not have their universal credit capped, the work and pensions secretary will say on Friday.A two-child limit on the benefit came into effect in April 2017 - but did…
jaguar-land-rover-confirms-4500-job-cuts

Jaguar Land Rover confirms 4,500 job cuts

Media playback is unsupported on your device Media captionChief executive Ralf Speth says Jaguar Land Rover is 'facing unprecedented disruption'Jaguar Land Rover (JLR) has confirmed it is cutting 4,500 jobs, with the substantial majority coming from its 40,000 strong UK workforce. Most will be in office roles as the company wants to simplify its management…
ashley-votes-to-remove-debenhams-bosses-from-board

Ashley votes to remove Debenhams bosses from board

Image caption Sergio Bucher joined Debenhams from Amazon The chief executive of Debenhams has been voted off the retailer's board, but will remain in his role, the troubled retailer has said.Two major shareholders, Mike Ashley's Sports Direct, and Landmark Group, voted against Mr Bucher's re-election.The board said it had "full confidence" in plans put in…
mamps-and-debenhams-report-falling-christmas-sales

M&S and Debenhams report falling Christmas sales

Image copyright Getty Images Debenhams has reported a sharp fall in sales during the crucial Christmas trading period.Debenhams said customers had been seeking discounts and left their shopping late. It said sales fell 5.7% in the 18 weeks to 5 January.Marks and Spencer also reported a fall in sales over Christmas, down 2.2%.Tesco said sales…
john-lewis-staff-bonus-in-doubt

John Lewis staff bonus in doubt

Media playback is unsupported on your device Media captionSir Charlie MayfieldJohn Lewis says sales in the seven-week Christmas period were 1.4% higher than for the same period last year. However, that may not be enough to secure a bonus for its 83,000 staff this year, the firm said.John Lewis' structure is unique. It is owned…
the-boss-of-john-lewis-says-there-is-the-money-to-pay-a-bonus-but-it-needs-careful-thought

The boss of John Lewis says there is the money to pay a bonus...

Media player Media playback is unsupported on your device Video Sir Charlie Mayfield, the boss of John Lewis, says the partnership has been profitable but the decision to pay a bonus will be considered in March - and it may not be wise to pay a bonus this year, the first time it will have…