Prompt: HOMEBASE CLOSURES HOMEBASE is set to close ten of its stores, which will soon be taken over by a major supermarket chain. Sainsbury's has agreed to acquire all affected shops and convert all units into supermarkets. The handover is scheduled for next month, potentially putting a number of Homebase employees at risk of redundancy.
Around 2,000 Homebase staff are still at risk, but administrator Teneo said there would be no immediate redundancies and stores would still trade.Budget hike on employers’ costs set 'to shut even more dental practices'sold it for £360million in 2016 to Aussie conglomerate Wesfarmers, which disastrously tried to use it as a UK launchpad for its Bunnings DIY brand, with car park “sausage sizzles” and soft furnishings scrapped for power tools.
The FCA watchdog yesterday asked the Supreme Court to decide quickly whether lenders can appeal against last month’s ruling that it’s illegal for dealerships to take commission from motor finance providers. But chairman Nigel Railton said the money saved will allow franchised postmasters a bigger share of revenue.also revealed it is negotiating to extend its tech contract with Fujitsu despite its role in the Horizon IT bug scandal, which saw subpostmasters bankrupted or wrongly convicted of fraud.THE boss of homeware brand Harvey Norman has called on the Government to overhaul business rates as it plots a bigger UK expansion.
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