Government

SKG targets £20m retail acquisition spree

SKG Capital, the owner of bedding and linen retailer Julian Charles, has announced that it is looking to invest £20m…

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Jessops files for administration

Camera retailer Jessops has filed a notice to appoint administrators following continued impacts of the ongoing lockdown restrictions. The firm’s…

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Rezolve closes on £540m fundraising

Rezolve, a mobile shopping platform startup, is reportedly closing in on a funding round that would value the group at…

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Government announces eviction ban extension

The ministry of housing, communities, and local government has announced an extension to the ban of commercial evictions until 30…

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Online retail sales up 70% in February

Online retail sales reportedly increased 69.5% year-on-year in February 2020, as Boris Johnson’s ‘roadmap’ out of lockdown supported consumer confidence.…

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Consumer spending falls 13.8% in February

Consumer spending fell 13.8% year-on-year in February as lockdown restrictions continued, yet some sectors were able to bounce back, according…

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BCC appoints new director general

The Board of the British Chambers of Commerce (BCC) has announced the appointment of Shevaun Haviland as its new director…

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February footfall falls by 73.5%

UK retail footfall for February reportedly fell 73.5% year-on-year, the second largest decline seen since May 2020. According to the…

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Shop prices continue to fall in February

Shop prices continued to fall in February, down 2.4%, marking the lowest deflation rate since May 2020. According to the…

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Ikea UK hit with £33m loss amid pandemic

Ikea UK has announced that total sales fell by £200m to £1.9bn in its full-year ended 31 August 2020, down…

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