UK Economy Predicted to Recover in 2023 Amid Pandemic Struggles
In a new report by EY Item Club, the UK's economy may not return to normal until 2023 due...
COVID-19 pandemic
Animal Brand Shutting Down UK Stores Amid Challenging Retail Market and Pandemic Impact
In a report by BBC, fashion brand Animal is set to close all its UK stores by 2021, putting...
UK’s Companies House Halts Strike-offs Amid Covid-19 Crisis
In response to the COVID-19 pandemic, Companies House has temporarily paused its strike off process to prevent businesses from...
UK Retail Footfall Plummets Amidst Lockdown Measures
UK retail footfall plummeted 44.7% in March due to the mandatory lockdown, according to the BRC-ShopperTrak monitor. This marks...
Debenhams Closes Seven Stores Amid Administration Talks
Debenhams, the struggling department store chain, has announced the permanent closure of seven stores due to ongoing negotiations with...
Matalan Owner Seeks £60m Amid Store Closures and Pandemic Challenges
Matalan's owner, John Hargreaves, is seeking a £60 million cash injection to support the fashion retailer amidst the Covid-19...
Debenhams Enters Administration Amidst Pandemic Challenges
Embattled department store chain Debenhams enters administration, appointing FRP Advisory's Geoff Rowley and Alastair Massey as administrators amidst the...
AAB Urges UK Government to Bolster Support for Businesses Amid Pandemic Disruption
Accountancy firm Anderson Anderson and Brown urges the UK Government to implement more measures to help businesses survive the...
River Island Temporarily Closes Distribution Centre Amid COVID-19 Pandemic
River Island has temporarily closed its distribution center due to the coronavirus pandemic, prioritizing employee safety over business operations....
Ikea UK Stores Temporarily Close Amid Covid-19 Pandemic
Ikea UK and Ireland announces temporary store closures at 6pm on March 20th as a precautionary measure against Covid-19....