New jobs created as £3m Darlington dealership revamp unveiled

New jobs created as £3m Darlington dealership revamp unveiled

Drive Motor Retail has officially unveiled its newly redeveloped Darlington dealership, following an investment of over £3 million that has transformed the site into one of the region's largest multi-brand automotive centres.The redevelopment brings together seven vehicle brands under one roof, including Citroën, Peugeot, Fiat, Abarth, Vauxhall, Leapmotor and MG, alongside Fiat Professional aftersales services, creating a unique destination for motorists across the North East.The modernised dealership now features five manufacturer showrooms, significantly expanded workshop facilities and space to display more than 130 used vehicles, allowing customers to compare a wide range of vehicles in a single visit.The project represents the first full refurbishment of the site in over 20 years, bringing the dealership in line with the latest manufacturer design standards and improving the overall experience for customers.Extensive changes have also been made, including relocating the MOT bay and installing additional ramps to expand workshop capacity and allow the team to service more vehicles.The redevelopment has also created over...
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I left my UK finance job for an Italian villa with a pool

I left my UK finance job for an Italian villa with a pool

Nikki Taylor, 47, relocated to Puglia after corporate burnout from London’s hectic banking world put her into hospital and on medication. She now works as a property consultant for foreign buyers. Relocating to Puglia healed me in so many ways. I feel reborn here; I found inner peace and contentment. Back in London it was always the same drill: waking up to know I’d be constantly battling the weather, the rat race, the morning commute on the Tube in rush hour. It was like running a marathon; every day was just so stressful. Shorts Scroll to previous short Scroll to next short REFORM UK The flaws in Reform’s plan to scrap PIP and slash £50bn from benefits bill Will Hazell Whitehall Correspondent Reform Treasury spokesman Robert Jenrick said it would stop some claimants “taking everyone else for mugs” by slashing personal independence payments, banning foreign nationals from receiving benefits and forcing long-term claimants to do community work. What is in the plan? Under the plans, foreign nationals...
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Beloved UK bakery chain dubbed ‘better than Greggs’ confirms closure of 19 shops with 100 jobs axed

Beloved UK bakery chain dubbed ‘better than Greggs’ confirms closure of 19 shops with 100 jobs axed

A POPULAR British bakery chain will be closing 19 of its branches at the end of the month due to recent difficulties. The closures, which are due to declining footfall and rising costs, are expected to put an estimated 100 jobs at risk. Sayers Bakery is closing 19 locations following recent struggles Credit: Sayers Bakery Sayers Bakery, which operates across Merseyside, as well as the rest of the UK, will be shutting 19 of its stores before the end of the month. Some fans of the company has gone as far to say it is better than the nationally renowned Greggs. Sign up for the Money newsletter Thank you! A spokesperson for parent company Sayers and Poundbakery Limited told the Sun: “Following a comprehensive review of our store portfolio, the Company has concluded that a number of locations are no longer commercially viable. “After careful consideration, the senior management has therefore proposed to close 19 underperforming shops at the end of August 2026, which is expected to result...
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UK high street giant in administration with 1,800 jobs lost

UK high street giant in administration with 1,800 jobs lost

M&Co, which was founded in 1834 and operated 168 stores across the UK, owed more than £46 million at the time of its collapse. The clothing retailer closed all of its brick-and-mortar stores across the UK in spring 2023 after going into administration, including past local branches in places like Didcot, Abingdon, and Kidlington Newly published documents reveal that more than 600 unsecured creditors will lose more than £33 million, with the case moving from administration to dissolution in June. Adele Macleod, Gavin Park and Robert Harding of Teneo were appointed joint administrators, marking the second time the company had entered administration. M&Co first entered administration during the pandemic, resulting in the loss of 47 stores and 380 jobs. The company was bought back by the founding family, but administrators were once again appointed in 2022. In their latest report, the administrators said: “We adjudicated all claims received and subsequently admitted 608 claims for...
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UK Job Vacancies Hit Five-Year Low as Hiring Market Weakens

UK Job Vacancies Hit Five-Year Low as Hiring Market Weakens

Job vacancies have fallen to 707,000, their lowest level in more than five years.Small businesses say rising labour and operating costs are making recruitment harder.Private sector pay growth has slowed to its weakest level in almost six years.Finding a new job in Britain could be getting harder as employers become more cautious about hiring and the number of available vacancies falls to its lowest level in more than five years.The UK recorded 707,000 job vacancies between May and July, according to the Office for National Statistics (ONS). The slight fall from the previous period points to a labour market where businesses are becoming less willing to add workers as the cost of employing them continues to rise.For people already in work, that could mean a less forgiving market when it comes to changing jobs, negotiating higher pay or finding new opportunities. For those trying to enter the workforce, fewer vacancies could make the search even more competitive.The unemployment rate remained...
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AI s creating a two-speed jobs market in the UK, Indeed says

AI s creating a two-speed jobs market in the UK, Indeed says

(Aug 2): UK employers are creating jobs for experienced staff with artificial intelligence (AI) skills and cutting back elsewhere, according to new figures that show how the technology is starting to create a two-track labour market. Software developers, whose profession has been transformed by AI and suffered dramatic job losses since 2022, are back in demand with postings rising 14%. Much of the increase came from senior roles and those directly linked to AI. Meanwhile, occupations such as IT and engineering, where AI enhances the value of experience by taking over routine tasks, are among the few that have held up since last summer. Elsewhere, from retail and manufacturing to white-collar roles that are more vulnerable to substitution like accounting or marketing, vacancies have fallen by double digits as employers take action to cope with higher employment costs and a more volatile economy.“The UK labor market is increasingly splitting into two speeds,” said Jack Kennedy, senior economist at Indeed. “Demand is concentrating around experienced...
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UK pay growth slows as job vacancies hit five-year low | UK unemployment and employment statistics

UK pay growth slows as job vacancies hit five-year low | UK unemployment and employment statistics

Wage growth in the UK slowed in June and vacancies hit a five-year low as workers came under pressure from a renewed cost of living squeeze amid the economic impact from the Iran war.Figures from the Office for National Statistics show average growth in total earnings, including bonuses, fell to 4.1% in the three months to June, down from 4.4% in the three months to May.The pay slowdown could deter the Bank of England from raising interest rates this year, some economists suggested.Liz McKeown, the ONS director of economic statistics, said the data showed “some softening” in the jobs market despite a broadly unchanged picture overall, in a potential sign of stabilisation after a sharper slowdown earlier this year.“Regular wage growth has remained broadly stable in recent months. However, private sector pay growth has continued to ease, while public sector pay growth remains elevated due to the timing of the latest NHS pay awards,” she added.Pay growth excluding bonuses strengthened...
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