Business insolvencies are forecast to increase as the cost-of-living crisis weighs on shoppers’ budgets The deepening cost-of-living crisis in the United Kingdom is likely to result in further retail failures over the year, Bloomberg reported, citing experts at credit insurance firm Atradius.
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The situation is most dire in Greece, where more than half of respondents are struggling to pay bills, a think tank has found More than a quarter of Europeans are experiencing problems heating their homes and paying debts for housing and utilities, the Hungarian media reported on Friday citing a survey by the Szazadveg think…
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The fast-food giant is planning to let some of its staff go amid restaurant expansion, a memo to employees reportedly says McDonald’s plans to cut some of its corporate staff this year amid reorganization, several media outlets reported on Saturday, citing a letter to employees from CEO Chris Kempczinski.
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