News-In-Brief
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Jan- 2025 -29 January
Today’s news in brief-29/1/25
Lord Wolfson, CEO of Next and Conservative peer, has leveraged his House of Lords position to propose amendments phasing in…
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28 January
Today’s news in brief-28/1/25
HMV owner Doug Putman is reportedly exploring a bid for WH Smith’s high street arm after the retailer announced plans…
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27 January
Today’s news in brief-27/1/25
WH Smith is exploring the sale of its high street arm to focus on its global Travel business, which now…
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24 January
Today’s news in brief-24/1/25
Morrisons has announced plans to cut over 200 jobs as part of a restructuring effort aimed at reducing costs and…
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23 January
Today’s news in brief-23/1/25
Primark has revised its sales forecast for 2025 downwards following a challenging autumn trading period in the UK and Ireland.…
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22 January
Today’s news in brief-22/1/25
River Island has engaged AlixPartners to manage cost reductions ahead of impending tax hikes in April. Despite a £33.2m pre-tax…
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21 January
Today’s news in brief-21/1/25
Aldi has announced a significant pay increase for its store assistants, setting a new minimum hourly rate of £12.71, rising…
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20 January
Today’s news in brief-20/1/25
Quiz is reportedly considering closing up to a third of its 60 stores as part of a restructuring effort to…
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17 January
Today’s news in brief-17/1/25
Retail sales in the UK fell by 0.3% in December, disappointing analysts who anticipated a 0.4% rise during the Christmas…
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16 January
Today’s news in brief-16/1/25
The UK economy experienced modest growth in November 2024, with GDP rising by 0.1% following two months of decline. This…
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