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Coronavirus
Covid-19: UK retail spending to fall by £12.6bn
The impact of the coronavirus pandemic will wipe £12.6bn from retail sales this year, according to the latest forecast by…
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Economy
Covid-19 brings UK economy to temporary standstill, says KPMG
The impact of the Covid-19 virus is expected to see the UK economy contract by 2.6% in 2020, according to…
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Coronavirus
Coronavirus Job Retention Scheme – Advice for employers
Nigel Morris, tax director at MHA MacIntyre Hudson explains how employers can access the Job Retention Scheme (JRS) to continue…
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Economy
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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High Street
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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Department Stores
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…
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Technology
Carphone Warehouse shutters stores, 2,900 redundancies expected
Dixons Carphone has announced that all UK standalone Carphone Warehouse stores will close their doors next month. The 531 stores,…
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High Street
Laura Ashley on the verge of collapse, reports reveal
Fashion retailer Laura Ashley could call in administrators by the end of March unless it receives a £15m funding lifeline…
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Clothing & Shoes
Primark owner shares dive after it warns of coronavirus impact
Primark owner Associated British Foods (ABF Foods) has seen its shares dive in early trading after it announced that the…
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