It has also benefitted from an additional £25m in wage support from other countries where it operates. JD Sports was also provisionally granted an emergency £300m loan from the Bank of England, although the company points out that it was, in the end, not needed and never accessed.
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Bank of England governor defends rate hike ahead of looming recession
admin, , Business, 0
In response, Mr Bailey said: “If you go back two years… given the situation we were facing at that...
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EU opens competition investigation into Cadbury owner
admin, , Business, 0
“We are opening a formal investigation to see whether Mondelez, a key producer of these products, might have restricted...
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Marmite maker Unilever to cut 1,500 jobs worldwide
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Unilever’s 80 brands are currently divided into three divisions: Beauty & Personal Care, Food & Refreshment, Home Care. The...
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Why strawberry experts are hoping to serve up an Ace
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The plant’s construction offers a further advantage, too. Because the Ace grows in a way that sends leaves to...
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Waitrose and Lidl top Which? greenest supermarket ranking
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Which? said: “Supermarkets hold a lot of the cards when it comes to the sustainability of their operations but...
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Coronavirus: Virgin Atlantic to cut 1,150 more jobs
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Image copyright Getty Images Virgin Atlantic is to cut 1,150 more jobs after completing a £1.2bn rescue plan that...
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Bus £2 fare cap extended to end of October
admin, , Business, 0
But the Transport committee of MPs, whose job is to scrutinise the Department for Transport, said in a report...
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Telegraph Media Group set to be put up for sale
admin, , Business, 0
“The decision… follows numerous discussions with B.UK’s parent company, Penultimate Investment Holdings Limited (PIHL). The aim of these discussions,...
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