England

October retail recovery reverses with new lockdown

Despite UK retailers seeing an economic recovery in October, a second national lockdown in England risks reversing the sector’s financial…

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Chancellor extends furlough scheme to March

Chancellor Rishi Sunak has announced that the furlough scheme will be extended until the end of March, amid increased measures…

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M&S confirms it will stay open during lockdown

Marks and Spencer has confirmed that its clothing and home division will remain open despite the lockdown restrictions. According to…

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Bank of England unveils £150bn covid support package

The Bank of England (BoE) has unveiled it will give the UK economy a further £150bn in crisis support and…

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Joules trading exceeds expectations

Joules’ recent sales are exceeding expectations, according to the group’s trading update in the financial year to 31 May 2021.…

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ABF profit slumps as Primark hit by £2bn loss

Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the…

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Primark warns of £375m lockdown hit

The parent company of Primark has warned that the retailer will face a £375m hit to sales, in an update…

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Next Q3 sales fall 17%

Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm…

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Retail sales drop at sharpest pace since June

Retail sales figures in the UK have fallen at the sharpest pace since June, according to the Confederation of British…

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UK weekly retail footfall drops by 1.2%

Retail footfall in the UK has dropped by 1.2% in the last week from the previous seven days, according to…

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