Covid-19

Majority of SMEs believe UK is headed for deep recession post-pandemic

Almost seven in 10 (69%) small business owners believe the UK is heading for a deep recession following the coronavirus…

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CBI names Tony Danker as its next director-general

The CBI has announced that Dame Carolyn Fairbairn, who is stepping down as director-general in November, will be succeeded by…

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Retail experience will never be the same

While COVID-19 has had a devastating impact on the UK’s retail sector, it should not come as a surprise to…

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Fenwick to reopen all nine UK stores on 15 June

Department store Fenwick revealed that all nine of its UK stores will reopen from Monday (15 June) as lockdown measures…

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B&M hails year of ‘solid growth’ despite pandemic

B&M has revealed that group revenue increased by 16.5% to £3,813.4m in the full-year ended 28 March, despite the effects…

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Quiz places loss-making stores into administration

Quiz has revealed it is placing the division that runs some of its loss-making stores into administration. Quiz said that…

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Signet to close 80 UK stores permanently 

Signet Jewelers has announced that it will not reopen 80 of its UK stores, in an effort to emerge “stronger…

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UK GDP expected to decline 7.2% in 2020 amid ongoing pandemic

The continuing impact of the Covid-19 virus is expected to see the UK economy contract by 7.2% in 2020, with…

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70% of shoppers ‘not comfortable’ returning to shops

Consumers remain “deeply cautious” about returning to shops, the latest EY Future Consumer Index has revealed ahead of retailers opening…

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Sosandar sees revenues spike 62% as it announces John Lewis and Next deals

Online womenswear retailer Sosandar has revealed it has seen revenues spike 62% year-on-year over the past two months since lockdown…

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