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Coronavirus: Shearings collapses with loss of 2,500 jobs

Coronavirus: Shearings collapses with loss of 2,500 jobs

Business
The owner of Shearings, the coach holidays provider, has crashed into administration, resulting in the immediate loss of 2,500 jobs and thousands of customers' holidays being cancelled.EY, the administrator to Specialist Leisure Group (SLG), confirmed late on Friday afternoon that it had made more than 2,000 staff redundant who had previously been furloughed under the government's job retention scheme. The news adds to the fast-growing toll of job losses across the economy as the coronavirus crisis continues to wreak havoc with industries such as leisure and travel.SLG's operations include brands such as UK Breakaways, Coast & Country Hotels, Bay Hotels, Country Living Hotels, and Wallace Arnold Travel, has ceased trading with immediate effect.The hotel chains will not reopen following...
Mothercare UK administration plan threatens 2,500 jobs

Mothercare UK administration plan threatens 2,500 jobs

Business
Baby goods retailer Mothercare has said it plans to call in administrators to the troubled firm's UK business, putting 2,500 jobs at risk.Mothercare said its 79 UK stores were "not capable of returning to a level of structural profitability and returns that are sustainable for the group"."Furthermore, the company is unable to continue to satisfy the ongoing cash needs of Mothercare UK," it added.It said stores would continue to trade as normal for the time being.Also affected is Mothercare Business Services Limited (MBS), which provides certain services to Mothercare UK.'Necessary step'Mothercare has already gone through a company voluntary arrangement (CVA), which allowed it to shut 55 shops."These notices of intent to appoint administrators in respect o...
Thomas Cook buyers pledge to save 555 shops and 2,500 jobs

Thomas Cook buyers pledge to save 555 shops and 2,500 jobs

Business
All 555 Thomas Cook shops are to be bought by rival Hays Travel in a move that could save up to 2,500 jobs.The independent travel agent said the move gives it shops in areas where it had little or no presence, including Scotland and Wales.John Hays, who set up the Sunderland-based firm 40 years ago, said he hoped the shops would reopen within days.It had been an emotional day, he said, with many staff crying when they were told their jobs were saved.He said it was difficult to give cast-iron guarantees about every Thomas Cook shop, because there would now be talks with individual landlords. However, "it is certainly our intention to take on all the staff; to welcome them back," he added. The shops will be branded under the Hays n...
Up to 2,500 jobs saved as Thomas Cook UK shops sold

Up to 2,500 jobs saved as Thomas Cook UK shops sold

Business
Hays Travel has agreed a deal to buy all 555 Thomas Cook stores in the UK, saying its expansion could lead to 2,500 jobs being saved.Hays, the country's largest independent travel agent, told Sky News it had already taken on 494 ex-Thomas Cook employees and job offers were pending for many more. There were 9,000 staff in the UK who lost out when the company collapsed last month - prompting the country's biggest peacetime repatriation exercise to recover more than 150,000 holidaymakers stranded abroad. ...
Dorian: 50 dead, 2,500 registered missing in the Bahamas

Dorian: 50 dead, 2,500 registered missing in the Bahamas

World
Sept. 11 (UPI) -- The Bahamas designated 2,500 people as missing Wednesday, 10 days after Hurricane Dorian struck the islands. The Bahamas National Emergency Management Agency said the Department of Social Services is compiling a register of missing people based on reports through the Missing Persons hotlines and other means. NEMA added that the list has not been checked against government records of people staying in shelters and that some people evacuated from Abaco and Grand Bahama islands have not registered with Social Services. "As we are able to cross-reference our data sets we will be able to inform family members and reunite survivors with loved ones," the agency said. In addition to the thousands of people registered as missing, Health Minister Duane Sands confirmed the death ...