Supermarket giant Morrisons has announced that its Northallerton store in North Yorkshire is among the 11 it is planning to close across the country.
The closure announcement was made last week, following the revelation that half year profits to August had fallen by nearly 50% compared to the same period last year. But the Bradford-based chain did not disclose which stores were to go, saying the decision had only just been announced to staff.
The full list has now been revealed, with most of the closures in the North of England, Morrisons' traditional stronghold. Supermarkets in Salford, Manchester and Sunderland will all close, while the Midlands, the West Country and London have been hit too. The move will result in a one-off cost of £20 million and is in addition to the closure of10 supermarkets which shut earlier this year.
We have looked extremely carefully at whether the stores can be turned around but unfortunately we cannot see a way of making them viable. We are therefore proposing their closure. We are consulting with colleagues and unions and we will be discussing how to reduce redundancies and redeploy colleagues around our business.
Morrisons workers throughout the Calendar region are fearing for their jobs after the Bradford-based supermarket announced it is closing a further 11 supermarkets. Up to 900 jobs are said to be at risk.
It follows the announcement that half year profits to August have fallen by nearly 50% compared to the same period last year.
Investment manager David Battersby from Redmayne Bentley stockbrokers explains where it has all gone wrong:
The Chief Executive at Morrisons, the Bradford-based supermarket, has expressed his "great regret" at the closure of 11 stores, which will put 900 jobs at risk.
The firm's suffered a 35 per cent drop in pre-tax profits in the six months to August.
"This is a difficult decision but one which we cannot see any way through to make those stores viable."
The closures are in addition to 10 supermarkets which shut earlier this year.
Mr Potts said the closures being set out today were mainly smaller-sized supermarkets. He would not disclose the location of the sites straight away with the decision only just being announced to staff.
The move will result in a one-off cost of £20 million.
The Chief Executive of Morrisons has outlined his priorities for the Bradford-based supermarket after it confirmed it plans to close 11 stores, putting 900 jobs at risk.
“The immediate priority is to deliver a better shopping trip to stabilise trading performance. Our six strategic priorities will then deliver improvement in the core supermarkets, where we have the greatest opportunity. It will be a long journey. We approach the challenge with energy, confidence and many strengths, particularly our strong balance sheet and cash flow, which enables investment in improving the customer shopping trip.”
A massive consignment of illicit cigarettes has been uncovered by Trading Standards during an operation in Grimsby.
Trading Standards officers working with specially trained sniffer dogs found an estimated 300,000 illicit cigarettes and 150kg tobacco as they searched six premises, including a flat and a house, in the Freeman Street area of Grimsby.
The huge haul is the largest seizure Trading Standards have made in the borough since they began a crackdown on illicit tobacco sales a year ago. Most of it - more than 250,000 cigarettes and 130kg of tobacco - was discovered in a first floor flat above a shop.
To give an idea of the scale – almost 90,000 cigarettes and 82.5kg of rolling tobacco have been seized by Trading Standards during the past 12 months. Yesterday's find was about three times as much.
The estimated street value of the illicit cigarettes found yesterday is about £80,000 and to buy them legitimately would cost £200,500.
A spectacular new £1m visitor centre at Gibraltar Point Nature Reserve will begin to take shape over the coming months.
Work has started on the brand new building, which will include a café and educational information.
It replaces the former visitor centre, which suffered extensive flood damage during the storm surge in December 2013. The new building will be raised on stilts to protect it from any future flooding.
"This is an opportunity to make Gibraltar Point even more attractive to visitors - an opportunity we intend to take full advantage of.
"The new visitor centre has been designed to make the most of the reserve's stunning views, with expansive windows facing the dunes and sea, and a rooftop viewing deck.
"Combined with the new North Sea Observatory at Chapel St Leonards, this improved attraction will help extend the traditional tourist season on the coast, providing a significant boost to the local economy."
The council has developed the ambitious plans in partnership with the Lincolnshire Wildlife Trust, who will continue to run the site.
"We have worked with the county council at Gibraltar Point for over 65 years, and look forward to continuing this partnership for many years to come.
"Gibraltar Point has been popular for generations - the new centre will hopefully encourage more visitors to discover this wonderful reserve."
NatWest customers experienced issues with online and mobile banking between 9am and 10am this morning. The problem has now been resolved and NatWest have apologised for any inconvenience this caused.
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