Little Chef to slim down and axe 600 jobs

Link to the article Channel 4

The motorway service station chain Little Chef is shutting 67 outlets and axeing almost a third of its workforce. But Greggs the bakers are raising a toast, after seeing their Christmas profits soar.

Thomas Cook to close 200 stores

Link to the article Channel 4

Travel firm Thomas Cook says it will close 200 stores over the next two years after revealing losses of nearly £400m in the first part of 2011.