UK Economy Narrowly Avoids Recession in Q4 2022 with 0.1% Growth
In a recent update from the Office for National Statistics (ONS), the UK economy just barely avoided falling into...
coronavirus
Supreme Court Ruling: Insurers to Pay Out £1.2bn in Business Interruption Claims
In a landmark Supreme Court ruling, small businesses may receive £1.2 billion in payouts for coronavirus-related business interruption losses,...
UK Imposes Stricter Restrictions Amid Rising COVID-19 Cases
UK officials announce increased COVID-19 restrictions for South East and East of England, citing rising cases. Bedfordshire, Buckinghamshire, Berkshire,...
UK Chancellor Unveils New Measures to Support Economy Amid Pandemic Restrictions
Chancellor Rishi Sunak is set to announce new measures today aimed at protecting employment and the UK economy amidst...
UK Inflation Hits Five-Year Low Amid EOTHO Scheme and COVID-19 Impact
In August 2020, the Consumer Prices Index (CPI) rate dropped to 0.2%, down from 1% in July, due to...
M&S Supplier Greencore Faces Covid-19 Outbreak Among Workers
In a recent outbreak of coronavirus cases, 299 employees at Greencore's factory testing positive, the company is now proactively...
Hammerson Raises £825m Amid Pandemic Impact, Introduces New Leasing Approach
In the face of a 44% drop in net rental income, shopping center giant Hammerson plans to raise £825...
ScS Furniture Reports Strong Growth Post-Lockdown
Furniture retailer ScS reports a 92.2% increase in orders since stores reopened on May 24th, following the coronavirus lockdown....
Harvey Nichols Warns Staff of Possible Redundancies Amid COVID-19 Impact
In an email to 1,500 staff members, Harvey Nichols CEO Manju Malhotra warns of potential redundancies due to the...
Marks and Spencer to Announce Job Cuts Amidst Pandemic Impact
Marks and Spencer is set to announce a significant job cut plan this week, following the trend of high...