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Coronavirus
Scottish retailers see business rates relief extended for 12 months
Scottish retail, hospitality, leisure and aviation businesses will pay no rates throughout the next year, under new plans outlined by…
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Supermarkets
Asda to donate 150,000 meals to children over half-term
Asda has announced that it will donate 150,000 meals to children over half-term break to help fight holiday hunger. The…
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High Street
Arcadia asset sale gives pension holders new hope
Workers who were saving pensions at Sir Phillip Green’s Arcadia Group have reportedly been told that their savings can be…
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Economy
UK suffers record 9.9% GDP slump
GDP declined by 9.9% in 2020, a figure which is more than double of what was recorded in 2009 after…
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Supermarkets
Sainsbury’s pledges to match Aldi on 100s of prices
Sainsbury’s has pledged to match discount supermarket Aldi on hundreds of branded and own-brand products, in what the group describes…
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High Street
Dune launches CVA targeted at cutting rent costs
Dune has announced the launch of a CVA prospal targeted at cutting rent costs across its 43 stores and 175…
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Supermarkets
Ocado sees annual earnings soar by 69%
Ocado has seen its annual earnings rise by 69% as the pandemic strengthened the demand for online grocery shopping. The…
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Coronavirus Featured Content
January retail sales slump to lowest level since May 2020
January saw retail sales growth decline to its lowest level since May of last year, figures by the BRC and…
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Sunak mulls ‘Amazon Tax’ to help with UK debts
Chancellor Rishi Sunak is allegedly considering a double tax raid on online retailers such as Amazon who profited during the…
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M&A
French Connection enters takeover talks
Fashion retailer French Connection has revealed it is in takeover talks with two possible suitors. In a letter from the…
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