Coronavirus

Retail footfall freefalls 83% over Easter weekend

Footfall across UK retail bricks-and-mortar destinations was 83.1% lower than Easter weekend last year and 14.5% lower than over the…

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Oasis and Warehouse set to call in administrators

Fashion retailers Oasis and Warehouse are reportedly set to appoint administrators, placing around 2,000 jobs at risk. According to Sky…

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Co-op launches fund to help raise £30m for those hit by Covid-19

Co-op CEO Steve Murrells is to direct his own personal income to kick-start a new Co-op Members Fund, which will…

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Matalan owner reportedly seeking £60m amid store closures

The owner of Matalan, John Hargreaves, is reportedly seeking a cash injection of £60m to support the fashion retailer through…

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Covid-19: Amazon seeks 75,000 new hires 

Amazon announced that it is looking to hire an additional 75,000 employees across its operations in light of the ongoing…

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Next reopens online operations amid Covid-19 crisis

Next has announced the reopening of its website after a two-week shut down amid the coronavirus pandemic. The company made…

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AAB calls on government to enhance support for businesses           

Accountancy firm Anderson Anderson and Brown (AAB) has called on the UK Government to implement a series of “wide-reaching” measures…

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Tesco defends £635m dividend payout

‘Big Four’ grocer Tesco has defended its £635m dividend payout to shareholders, despite it receiving a £585m tax break. Last…

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Coronavirus: furloughed workers and what it means for business

The Coronavirus Job Retention Scheme is designed to help businesses that would otherwise be forced to lay off staff in…

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H&M signs new £859m credit facility to strengthen liquidity amid Covid-19

Swedish clothing retailer H&M has revealed it has signed a new €980m (£859m) revolving credit facility as it looks to…

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