The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Scotland; Highlands and Islands; Inverness and Nairn and Moray
Location of affected unit(s)
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
400 jobs Number of planned job creations
Announcement Date
18 May 2006
Employment effect (start)
Foreseen end date
Description
Asda have unveiled plans to build a 45,000 sq ft supermarket and create 400 jobs in Inverness. It has identified a site at Slackbuie on the city's Southern Distributor Road for a store and petrol station. There are is no indication on dates yet since a finalised proposal is being put together before the plans are presented to Highland Council for consideration. Asda have signed a conditional contract with Elphinstone Land Ltd, a joint venture with the Bank of Scotland, to buy the site. The supermarket chain has been pushing for several years to open a shop in the Highland capital. Rivals Tesco have three stores in Inverness. Highland councillor Norrie Donald, who represents Culduthel, said he could not talk specifically about Asda's plans, but said there was support within the local community for a new supermarket.
Sources
18 May 2006: BBC Website
Citation
Eurofound (2006), Asda, Business expansion in United Kingdom, factsheet number 63508, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63508.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
