Covid-19

Beaverbrooks to close all 69 stores amid Covid-19 outbreak

UK jeweller Beaverbrooks has revealed plans to shutter all 69 of its stores by 5pm today (23 March) amid the…

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PM bans ‘non-essential retail’, instructs public to stay at home

The UK public are only allowed to venture out of their homes for essential supplies and one exercise outing per…

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FCA asks companies to delay preliminary financial accounts

The Financial Conduct Authority (FCA) has requested companies which were due to issue its preliminary trading updates in the next…

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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…

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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”…

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Ikea to temporarily shutter all UK stores amid Covid-19 pandemic

Ikea UK and Ireland has said it will temporarily close its stores to customers at 6pm on Friday 20 March,…

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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…

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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…

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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…

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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…

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