Month: April 2020
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Apr- 2020 -2 AprilCoronavirus
Chancellor set to announce overhaul to SME loan scheme
Chancellor Rishi Sunak is reportedly set to announce an overhaul to the SME loan scheme that will allow companies to…
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2 AprilSupermarkets
Covid-19: Tesco to provide £30m package to support local communities
Tesco has announced plans to provide a £30m package of support for local communities tackling Covid-19, including a £25m food…
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2 AprilNews
Frasers Group to cut bosses’ salary to £40k amid April pay pledge
Mike Ashley’s Frasers Group has reportedly reduced the salary of its executive team to £40,000 and has pledged to pay…
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2 AprilCoronavirus
Pets at Home to beat guidance amid spiked demand
Pets at Home has revealed that its closing weeks of full-year trading saw “exceptional levels of demand” amid the ongoing…
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2 AprilHigh Street
The Perfume Shop shuts online operations, affecting over 1,800 jobs
Fragrance retailer The Perfume Shop has announced the closure of its online operations amid the coronavirus outbreak, affecting over 1,800…
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1 AprilCoronavirus
A fifth of SMEs at risk of collapse, say experts
Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network. …
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1 AprilHigh Street
JD Sports to withhold quarterly rent amid Covid-19 lockdown
Sports fashion retailer JD Sports has announced it is withholding its quarterly rent in bid to mitigate the effects of…
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1 AprilClothing & Shoes
Laura Ashley administrators axe 268 staff, 1669 furloughed
The joint administrators appointed to Laura Ashley revealed they have made 268 members of staff redundant and have furloughed a…
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1 AprilPeople Moves
New Look appoints Stuart MacKenzue as non-executive director
New Look has announced the appointment of Stuart MacKenzie to its board of directors, as a non-executive member, amid the…
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1 AprilCoronavirus
Shop prices slide amid UK lockdown, says BRC
The price of shop goods slipped by 0.8% in March, down from 0.6% the month prior, according to the latest…
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