AGP Executive Report
Last update: 5 hours agoRetail: Comet is returning as an online electrical marketplace, offering more than one million products from 2,500 sellers, 14 years after the chain collapsed. Hospitality: UK hospitality and leisure spending rose 3.5% in October, but restaurant, café and bakery transactions fell 1.6%, pointing to continued pressure on parts of the sector. Rail Investment: Siemens has opened a £100m technology centre in Chippenham, supporting 800 employees and production of digital signalling systems for Britain’s railways. Jobs: Vodafone cut 3,000 roles across its UK and European division in the first half of the year; it did not disclose the UK total. The cuts form part of a wider cost-saving drive. Labour Market: UK hiring is cooling while starting salaries rise, adding to the squeeze on employers and jobseekers.
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