Government Extends Protection for Struggling Retailers Until September
In a recent government decision, businesses facing aggressive debt collection are now protected until September, extending the original deadline...
Monthly Archives: June 2020
John Lewis Reopens Nine More Stores Amid Safety Measures
John Lewis plans to reopen nine more stores on Thursday, following a successful initial opening of 13 stores last...
Mothercare Aims for International Franchise Expansion Amidst Pandemic Challenges
Mothercare remains on track to become a profitable international franchise operation, targeting around 40 territories worldwide. The retailer is...
UK Consumer Confidence Rises Amid Covid-19 Uncertainty
In June, GfK's Consumer Confidence Index rose by six points to -30, indicating a slight improvement in consumer sentiment....
Amazon UK Leader Doug Gurr Transitions to Natural History Museum Directorship
Amazon UK's manager, Doug Gurr, announces his departure from the company to become the director at the Natural History...
Shopworkers Oppose Longer Sunday Hours Amid Pandemic Pressure
In England, 92% of retail staff oppose large shops opening for over six hours on Sundays as the government...
Retail Sales Partially Recover in May, ONS Reports
In a partial recovery, UK retail sales volumes rebounded by 12% in May compared to the previous month's record...
UK Employers Given 30 Days to Confess Furlough Abuses or Face Penalties
In a bid to crack down on furlough fraud, new legislation is being fast-tracked, allowing HMRC to reclaim overpaid...
UK Inflation Hits Four-Year Low Amid Falling Prices for Motor Fuels and Recreational Goods
UK's inflation rate plummets to 0.5% in May, down from 0.8% in April, according to ONS data. Falling motor...
Allsaints Launches CVA Proposal Amidst COVID-19 Impact
Clothing retailer Allsaints announces a CVA proposal to restructure its UK and US store portfolio amidst the coronavirus pandemic's...