Administration

Spooked markets seem soothed by Iran-US climb-down

When Iran decided to hit back on US military facilities after president Trump ordered the assassination of Iranian general Qasem…

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Debenhams announces 19 store closures

Debenhams has announced the closure of 19 of its UK stores, resulting in 660 job losses.   The department store, which…

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UK music sales hit 14-year high

2019 marked the fifth consecutive year of growth in the consumption of recorded music in the UK, according to figures…

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Arcadia Group confirms Westfield Stratford Topshop closure

Arcadia group has confirmed its Topshop and Topman sites at London Westfield Stratford City will close, Drapers reports. The two-storey…

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Debenhams landlord challenges High Court CVA decision

A Debenhams landlord has decided to appeal against a recent High Court ruling which paved the way for the embattled…

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Bonmarché CEO Helen Connolly quits

Bonmarché CEO Helen Connolly has stepped down from her role, after three years in the position, according to Drapers.  Connolly…

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400 jobs at risk as The Book People enters administration

The Book People has entered into administration, putting 400 jobs at risk. Toby Underwood and Zelf Hussain, of PWC, have…

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Sports Direct profits soar in half-year results

Shares in Sports Direct jumped more than 16% to 418p in early trading today, after the retailer announced a 160%…

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Businesses are sitting on £115bn and waiting to splurge

Goldman Sachs thinks money will pour into UK stocks and shares after this election, but it’s at least partly because…

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Jessops appoints administrators, 500 jobs at risk

Camera retailer Jessops has appointed administrators to its property arm, reportedly placing around 500 jobs at risk.  According to The…

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