Coronavirus

UK supermarkets appeal for ‘considerate’ spending

British food retailers have written a joint letter urging customers to practice “considerate” spending amid the coronavirus outbreak. The letter…

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Gap sales increase despite ‘challenging year’

Fashion retailer Gap has reported a 1% increase in net sales to $4.7bn (£3.7bn) in its fourth quarter results, despite…

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Amazon tells employees to work from home

Amazon has told all of its employees to work from home for the rest of March amid the coronavirus outbreak. …

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Adidas and Puma Chinese sales hit by coronavirus outbreak

Sportswear retailer Adidas has warned sales in its first quarter of its financial year would decrease as much as €1bn…

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Covid-19 could knock £130m from sales, says WH Smith

WH Smith expects that full-year results will see an ‘adverse impact’ from the effects of coronavirus, with up to £130m…

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ROUNDUP: Business rates holiday announced by chancellor Sunak

In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the…

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Ex-Sainsbury’s boss warns of labour shortages amid coronavirus outbreak

Former Sainsbury’s chief executive and current non-executive director at Marks and Spencers, Justin King, has warned that supermarkets need to…

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Bank of England cuts interest rates to help combat coronavirus impact

The Bank of England has cut UK interest rates back down to the lowest level in history to help mitigate…

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Banks to help us all out with coronavirus fallout

Once again the business pages on all major news outlets are pretty much dominated by the developing story of coronavirus…

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Calls for ‘discretionary business rates relief’ amid Coronavirus outbreak

Colliers International has called on the UK Government to consider and to fund a system of “discretionary rate relief” for…

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