Coronavirus

Covid-19: Government to pay 80% of salary to staff unable to work

Chancellor Sunak Rishi has said the government will pay 80% of wages to employees who aren’t able to work due…

Read More »

Harrods to close amid coronavirus chaos

World-famous department store Harrods is to close its doors this evening (23 March) due to the coronavirus pandemic. It said…

Read More »

Frasers Group issues profit warning and drops FY20 guidance amid Covid-19

Mike Ashley’s Frasers Group has issued a profit warning after revealing its board expects Covid-19 to cause a “significant disruption”…

Read More »

TK Maxx closes UK stores amid Covid-19 virus outbreak

Discount store TK Maxx has become the latest retailer to take the decision to temporarily close its stores amid the…

Read More »

Government tells supermarkets to ‘join forces’

The Department for Environment, Food and Rural Affairs (DEFRA) has told supermarkets to “join forces” as the coronavirus crisis unfolds.…

Read More »

Huge increase in online sales across Italy offers hope for struggling retailers in the UK and Ireland

Global financial markets continue to suffer from the impact of coronavirus, with economists predicting the slowest rate of global growth…

Read More »

Next warns on coronavirus despite full-year sales growth

Fashion retailer Next has warned that sales could plummet in the coming weeks and months as the UK battles the…

Read More »

New bank of England boss promises fresh measures to fight Covid-19

The new Bank of England boss, Andrew Bailey, has promised a fresh set of measures to help fight the economic…

Read More »

Zara closes almost 4,000 stores globally amid coronavirus outbreak

The parent company of Zara has closed almost 4,000 of its stores across the globe amid the recent outbreak of…

Read More »

Ocado sales rise as website goes dark

Ocado Retail has announced that revenue grew by 10.3% to £441.2m in the first quarter of the year. Average orders…

Read More »