If we’re meant to be digital natives, why is more paper still being used?

When was the last time you paid for something in cash, sent a letter or received a physical phone or credit card bill? We’re increasingly becoming a country where paper isn’t our primary form of communication, either for reading or writing. But does this mean we’re on the way to a paperless society or is it just a prediction always 20 years away? In 2019, we rely on contactless payments, paperless billing and text message reminders to get us to doctor’s appointments, to pay for shopping, and to settle our…

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Last-ditch effort for Forever 21 as it faces becoming latest high street casualty

Oxford Street’s Forever 21 is set to close after filling for bankruptcy in September (Picture: Jack Dredd/REX features) Forever 21’s Oxford Street store is closing after the retailer filed for bankruptcy in September. Banners advertising a liquidation sale are plastered on the windows of the London store- the second of its three UK stores to close in less than a month. Its Liverpool store shut suddenly last month, with signs at the time saying this was due to ‘unforeseen circumstances’. Days later it was announced the US retailer had gone…

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Bonmarche falls into administation putting 2,900 jobs at risk

The news means 2,887 jobs hang in the balance (Picture: PA) Bonmarche has become the latest victim of the decline of the high street after falling into administration today. The high street women’s fashion chain’s announcement puts 2,887 jobs at risk, including 200 at its head office. The retailer, which operates 318 stores across the UK, appointed FRP Advisory today to help them find a new buyer. No redundancies have been made yet and the business is still expected to carry on trading while it is on the market. More:…

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Thomas Cook CEO urged to pay £750,000 bonus to staff who lost their jobs

Former chief executive Peter Fankhauser was grilled by Labour MP Rachel Reeves (Picture: UK Parliament/Getty) The former boss of Thomas Cook is facing demands to repay bonuses to workers who were left jobless after the company’s dramatic collapse. Ex-chief executive Peter Fankhauser earned a £750,000 bonus in 2017, 30 per cent of which was in shares, a cross-party committee of MPs heard. He said sorry to employees who ‘worked extremely hard and tirelessly’ but was told his apology ‘rings rather hollow’ unless he is willing to ‘put something back’. Committee…

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Who owns Pizza Express and why does it face administration?

The future of Pizza Express is uncertain (Picture: John Keeble/Getty Images) Pizza Express may be the proud creators of the nation’s beloved dough balls and garlic butter dip, but Britain’s love of a Romana pizza with the food chain’s specialty side may not be enough to save it, as the Italian restaurant franchise has reportedly hired financial advisors for help in handling crunch talks with creditors. The chain, which employs around 14,000 people across more than 600 sites around the globe, is said to be in financial trouble and struggling…

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