Pandemic

Pizza Hut to close 29 sites, 450 jobs cut

Pizza Hut has confirmed it is to close 29 sites as part of a Company Voluntary Agreement (CVA) that will…

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Ewan Venter to leave CEO role at Fortnum & Masons

Department store Fortnum and Mason has announced its CEO Ewan Venters is to leave the business in the new year…

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Travis Perkins profits slump 80%

Travis Perkins has reported a 80.9% decrease in adjusted operating profits to £42m for the half-year period ended 30 June…

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Majority of UK consumers change their shopping habits during lockdown

A study by online market vendor Capterra has revealed how consumers’ shopping habits have changed since the start of Covid-19. …

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Quiz sales plummet, store closures anticipated

Fashion retailer Quiz has revealed its sales have been “significantly impacted” by the pandemic, with total sales falling by 77%…

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UK retail sales increase by 4.7% in August

UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019, according to figures released…

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60% of mid-sized businesses plan redundancies, BDO finds

More than half (60%) of the UK’s medium-sized businesses are planning redundancies as a result of the Government’s Coronavirus Job…

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GDP to contract £15.3bn each year if home working persists

Lower consumer spending and a decrease in economic clustering if pandemic levels of home working persist would reduce UK GDP…

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UK small business sector ‘plagued’ by late payment issues

UK freelancers and small business owners continue to be plagued by the problem of late payment, according to new research…

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Retail vacancy rate reaches six-year high

Retail shop vacancies have reached a six-year high due to the impact of the coronavirus pandemic, according to new research…

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