Covid-19

Mulberry to cut global workforce by 25%

Luxury retailer Mulberry has announced the launch of a consultation process on proposals to reduce its workforce by approximately 25%…

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Usdaw opposes government plans to open supermarkets full time on Sundays

Shopworkers union Usdaw has condemned government plans to let supermarkets open for 24 hours a day on Sundays as “a…

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Victoria Secret’s UK arm falls into administration placing 800 jobs at risk

Victoria’s Secret has announced it has drafted in Deloitte advisers as its UK division has fallen into administration, putting over…

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Consumer confidence slips further amid UK lockdown

GfK’s long-running Consumer Confidence Index has decreased by two points over the past two weeks. In the market research firm’s…

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Government-backed loans to UK businesses reveals horrible truth

Due to the rapid spread of Coronavirus Disease (COVID-19) and the toll that it took, the world has been pushed…

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M&S lowers share award payout for top execs amid Covid-19 pandemic

Marks and Spencer has lowered the share payout for it’s top two executives, amid the ongoing Covid-19 pandemic. This largely…

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Co-op expands robot service in Milton Keynes

The Co-operative has expanded its same-day autonomous robot deliveries in the UK across Milton Keynes and surrounding towns and villages…

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Angling Direct reports £1.5m net loss in FY results

Fishing tackle and equipment retailer Angling Direct has reported net losses of £1.5m in its full-year results, attributing the decline…

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Card Factory profits slide in full-year results

Card Factory has revealed that its underlying profit before tax fell 11.8% to £67.2m for the year ended 31 January…

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Ted Baker raises £95m rescue fund amid full-year losses

Embattled fashion retailer Ted Baker has announced its intent to raise approximately £95m in gross proceeds to support it through…

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