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THE PARTNERS CREATES TWEED AND TARTAN WORKWEAR FOR CLYDESDALE AND YORKSHIRE BANKS’ STAFF

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THE PARTNERS CREATES TWEED AND TARTAN WORKWEAR FOR CLYDESDALE AND YORKSHIRE BANKS’ STAFF

NEW STAFF UNIFORMS INSPIRED BY LOCAL COMMUNITIES, HISTORY, CULTURE AND CRAFT

THE PARTNERS CREATES TWEED AND TARTAN WORKWEAR FOR CLYDESDALE AND YORKSHIRE BANKS’ STAFFBrand consultancy The Partners has worked with Clydesdale and Yorkshire Banks to design and craft staff uniforms inspired by local communities as part of the brands’ drive to represent their values throughout the business.

With over 175 years of heritage, Clydesdale and Yorkshire Banks’ employees are now dressed in designs inspired by local art, history, architecture and landscape. The Partners were tasked with reinforcing the Banks’ ethos of ‘We Care About Here’ by putting real thought and investment into staff uniforms.

Clydesdale and Yorkshire Banks’ history is rooted in their local areas in nature as well as name, and The Partners collaborated with Glaswegian fashion designer Aimee Kent, and Clissold Mill in Yorkshire to draw on their local heritage and produce a bespoke range of prints, tartan and tweed, supporting local industries in the process.

The prints were produced as durable pieces by Clissold Mill, founded in 1920 and made famous by ‘The British Collection’ it designed for Paul Smith. The style of the uniforms was created by an apparel design specialist, Goose Design.

The result is a stylish, hyperlocal offering of striking tartan and tweed, set off by original print and small details including bespoke branded buttons and a care label that reads ‘We care about local independent businesses. Designed and made in Britain.’ All the clothing went through extensive testing with staff to ensure it was created with as much care to fit as everyday wear.

Helen Page, Propositions and Marketing Director at Clydesdale and Yorkshire Banks, said: “As Clydesdale and Yorkshire Banks embark on their standalone future, we wanted our staff uniform to represent our brand – not just in the way it looks and feels, but in the story of its making.

“Our branding comes from our roots – we’re proud to be local and we care about the customers and communities we support and that’s why our new uniform will combine a Glasgow designer and a Yorkshire mill.  In making the new collection, we’re pleased to have been able to support Clissold Mill which is a long-standing, regional family business, as well as helping to provide a platform for the next generation of Scottish design talent.”

Dave Roberts, Creative Director at The Partners, added: “We’re thrilled to have partnered with Clydesdale and Yorkshire Banks and independent artists and manufacturers for this project. It’s so rewarding to see people proud to wear such striking uniforms that celebrate the brands’ past and embraces their future’’.

The uniforms can be seen on staff at all branches of Clydesdale and Yorkshire Banks.

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Oil rises on positive forecasts, slow U.S. output restart

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Oil rises on positive forecasts, slow U.S. output restart 1

By Bozorgmehr Sharafedin

LONDON (Reuters) – Oil prices rose on Tuesday, underpinned by the likely easing of COVID-19 lockdowns around the world, positive economic forecasts and lower output as U.S. supplies were slow to return after a deep freeze in Texas shut down crude production.

Brent crude was up 36 cents, or 0.5%, at $65.60 a barrel by 1212 GMT, and U.S. crude rose 39 cents, or 0.6%, to $62.09 a barrel.

Both contracts rose more than $1 earlier in the session.

“Vaccine news is helping oil, as the likely removal of mobility restrictions over the coming months on the back of vaccine rollouts should further boost the oil demand and price recovery,” said UBS oil analyst Giovanni Staunovo.

Commerzbank analyst Eugen Weinberg said optimistic oil price forecasts issued by leading U.S. brokers had also contributed to the latest upswing in prices.

Goldman Sachs expects Brent prices to reach $70 per barrel in the second quarter from the $60 it predicted previously, and $75 in the third quarter from $65 forecast earlier.

Morgan Stanley expects Brent crude to climb to $70 in the third quarter.

“New COVID-19 cases are falling fast globally, mobility statistics are bottoming out and are starting to improve, and in non-OECD countries, refineries are already running as hard as before COVID-19,” Morgan Stanley said in a note.

Bank of America said Brent prices could temporarily spike to $70 per barrel in the second quarter.

Disruptions in Texas caused by last week’s winter storm also supported oil prices. Some U.S. shale producers forecast lower oil output in the first quarter.

Stockpiles of U.S. crude oil and refined products likely declined last week, a preliminary Reuters poll showed on Monday.

A weaker dollar also provided some support to oil as crude prices tend to move inversely to the U.S. currency.

(Reporting by Bozorgmehr Sharafedin in London, additional reporting by Jessica Jaganathan in Singapore; editing by David Evans and John Stonestreet)

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UK-Japan trade deal settled nerves for Japanese firms, Honda executive says

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UK-Japan trade deal settled nerves for Japanese firms, Honda executive says 2

LONDON (Reuters) – Britain’s trade deal with Japan settled the nerves of a lot of Japanese businesses in the United Kingdom and gives them confidence about their future prospects there, a senior Honda executive said on Tuesday.

Japan, the world’s third-largest economy, has since the 1980s made the United Kingdom its favoured European destination for investment, with the likes of Nissan, Toyota and Honda using the country as a launchpad into Europe.

But Britain’s shock 2016 decision to leave the European Union had prompted Japan to express unusually strong public concerns. Their companies and investors warned that a disorderly exit from the EU would force them to rethink their four-decade bet on Britain.

“We welcome very much the Japanese trade agreement which as a Japanese businesses was very welcomed,” Ian Howells, senior vice president at Honda Motor Europe, told a parliamentary committee.

“On the point around confidence, that certainly amongst my peers in Japanese companies was very much welcomed, and probably settled a lot of nerves in terms of their trading prospects in the UK going forward.”

Britain and Japan formally signed a trade agreement in October, marking Britain’s first big post-Brexit deal on trade. It has also made a formal request to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), of which Japan is also a member.

(Reporting by Kate Holton)

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UK retailers see sharp fall in sales and mounting job losses, CBI says

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UK retailers see sharp fall in sales and mounting job losses, CBI says 3

LONDON (Reuters) – British retail sales fell in the year to February as stores cut jobs at a rapid rate, with only supermarkets reporting any growth during the latest COVID-19 lockdown, a survey showed on Thursday.

The Confederation of British Industry’s gauge of retail sales stood at -45, up only slightly from January’s eight-month low of -50. The measure points to falling sales and is below the consensus forecast of -38 in a Reuters poll of economists.

Retailers’ expectations for March – when non-essential shops will remain closed to the public as part of lockdown measures – fell to -62, the lowest since the series began in 1983.

In another sign of a changing consumer habits during lockdown, the survey’s gauge of internet retail sales hit a new record high.

“With lockdown measures still in place, trading conditions remain extremely difficult for retailers,” said Ben Jones, principal economist at the CBI.

“Record growth in internet shopping suggests that retailers’ investments in on-line platforms and click-and-collect services may be paying off, but the re-opening of the sector can’t come soon enough to protect jobs and breathe life back into the sector.”

Job losses among retailers accelerated according to a quarterly question in the survey. For the distribution sector as a whole, which includes wholesalers and car dealers, employment fell at a record rate, the CBI survey showed.

(Reporting by Andy Bruce, editing by David Milliken)

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