New data published by the Office for National Statistics (ONS) has revealed that average weekly earnings in the food and accommodation sector continue to spiral, exacerbating the financial woes of hospitality businesses nationwide.
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As the global supply chain continues to operate in a state of flux, bulk shipping is becoming an increasingly attractive – and sustainable – proposition for wine businesses around the world… if only the required number of flexitanks and containers remain in operation.
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The numbers are terrifying. With the imminent closure of 124 Debenhams stores and the loss of 12,000 jobs, the high street has arguably suffered its highest-profile casualty since Woolworths back in 2009. Stir in the 13,000 Arcadia employees who are likely to swell the unemployment statistics before long – and the probable disappearance of Sir Philip Green’s Topshop, Burton and Dorothy Perkins brands – and we are contemplating a toxic brew.
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The matchmakers behind the Majestic and Naked Wines merger speak to Jo Gilbert about why the ‘experiment’ didn’t work, and why the demand for niche products is driving wine businesses to double down on their specialisms
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