WHSmith and Sainsbury’s Team Up to Support NHS Staff Amid Pandemic
In response to the coronavirus pandemic, WHSmith and Sainsbury's have teamed up to support NHS staff by stocking an...
Monthly Archives: March 2020
Matalan Offers Furlough Leave to Warehouse Staff Amid COVID-19 Concerns
Matalan has announced all warehouse staff will be offered furlough leave due to the coronavirus pandemic, following pressure from...
UK Supermarket Sales Skyrocket Amid Covid-19 Pandemic
British consumers made over 79 million extra trips to supermarkets in the last four weeks, causing a 20.5% surge...
Mixed Results for Online Sales in First Week of Lockdown
In the first week of new pandemic guidelines, online retail sales dropped by 2.2% year-on-year, but a closer look...
Poundland Temporarily Closes 32 UK Stores Amid Covid-19 Outbreak
Poundland, a discount retailer, has announced the temporary closure of 32 stores due to the Covid-19 outbreak. The company...
UK Consumer Confidence Dips Amidst Coronavirus Concerns
UK consumer confidence drops two points to -9, reveals GfK's latest figures. In March, one measure increased, three measures...
National Minimum Wage Increase Hits Amid Lockdown Struggles for Retail, Hospitality Industries
Chancellor Rishi Sunak remains firm on increasing the National Minimum Wage despite the ongoing struggles faced by retail and...
BrightHouse Collapses: 2,400 Jobs at Risk Amid Coronavirus Impact
In a blow to 2,400 employees, rent-to-own home furnishings brand BrightHouse has collapsed into administration due to poor trading...
UK Economy Faces Deepest Recession Since Financial Crisis with 15% Q2 GDP Contraction
The UK economy is set to experience its deepest recession since the financial crisis, with a predicted 15% contraction...
Government Relaxes Insolvency Rules to Aid Struggling Companies
In an effort to improve the insolvency system, Business Secretary Alok Sharma announces changes allowing companies undergoing restructuring to...